Terms and Conditions of Nonqualified Stock Option Award Sample Contracts

TERMS AND CONDITIONS OF NONQUALIFIED STOCK OPTION AWARD
Terms and Conditions of Nonqualified Stock Option Award • October 26th, 2009 • PPG Industries Inc • Paints, varnishes, lacquers, enamels & allied prods • Pennsylvania

The purpose of this Agreement is to evidence the grant by the Company to the Optionee of an Option pursuant to the PPG Industries, Inc. Omnibus Incentive Plan (the “Plan”). For purposes of the Notice of Grant of Nonqualified Stock Option Award to which these Terms and Conditions are attached (the “Notice”) and these Terms and Conditions (collectively, the “Agreement”), any reference to the Company shall include a reference to any Subsidiary.

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