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FORM [2004/2005] STOCK OPTION PLAN STOCK OPTION AWARD AND AGREEMENT QUALIFIED STOCK OPTION

Option Agreement

FORM [2004/2005] STOCK OPTION PLAN STOCK OPTION AWARD AND AGREEMENT QUALIFIED STOCK OPTION | Document Parties: O'GARA GROUP, INC. You are currently viewing:
This Option Agreement involves

O'GARA GROUP, INC.

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Title: FORM [2004/2005] STOCK OPTION PLAN STOCK OPTION AWARD AND AGREEMENT QUALIFIED STOCK OPTION
Date: 8/22/2008

FORM [2004/2005] STOCK OPTION PLAN STOCK OPTION AWARD AND AGREEMENT QUALIFIED STOCK OPTION, Parties: o'gara group  inc.
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Exhibit 10.4

FORM
[2004/2005] STOCK OPTION PLAN
STOCK OPTION AWARD AND AGREEMENT
QUALIFIED STOCK OPTION

You have been awarded a stock option under The O’Gara Group, Inc.’s [2004/2005] Stock Option Plan (“[2004/2005] Plan”). This award gives you an opportunity to share in the Company’s long-term growth through an option to buy shares of the Company’s common stock at a fixed price at some future date. Over time, assuming the Company’s stock price increases, this stock option can provide you with additional compensation. Please read and return this Agreement as requested below.

GRANT : The O’Gara Group, Inc. (“Company”) grants to you, the Optionee named below, a Qualified Stock Option (the “Option”) to purchase [          ] shares of the Company’s common stock (the “Shares”) as follows:

 

 

 

 

 

 

 

 

 

Optionee:

 

Shares:

 

Vest Date:

 

Exercise Price:

 

Grant Date:

[          ]

 

[          ]

 

[          ]

 

[          ]

 

[          ]

VESTING : The Shares granted pursuant to the Option will become fully vested on the date shown.

TERM : Except as otherwise provided in the [2004/2005] Plan, and except that unvested options terminate immediately upon termination of employment with or to the Company, the Option terminates on the earlier of (i) ten years less one day from


 
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