HEWLETT-PACKARD COMPANY 2000 STOCK PLAN OPTION AGREEMENT

Exhibit 10(t)(t)

HEWLETT-PACKARD COMPANY
2000 STOCK PLAN OPTION AGREEMENT

Grant Date:

Grant Price:

Number of shares granted:

Award Type:

Expiration Date:

Plan: 2000 Stock Plan

Vesting Schedule:

        THIS AGREEMENT, as of the Grant Date set forth above between HEWLETT-PACKARD COMPANY, a Delaware corporation ("HP"), and the Director, a director of HP, is entered into as follows:

WITNESSETH:

        WHEREAS, HP has established the Hewlett-Packard Company 2000 Stock Plan (the "Plan"), a copy of which has been made available to the Director and is made a part hereof; and

        WHEREAS, the Director has elected to receive a portion of his annual retainer in the form of an option under the Plan, as hereinafter set forth;

        NOW THEREFORE, the parties hereby agree that in consideration of services rendered and to be rendered, HP grants the Director an option (the "Option") to purchase the number noted above of its $0.01 par value HP common stock (the "Shares") upon the terms and conditions set forth herein.

1.

This Option is granted under and pursuant to the Plan and is subject to each and all of the provisions thereof.

2.

The Option price shall be the per Share price set forth above.

3.

This Option is not transferable by the Director otherwise than by will or the laws of descent and distribution, and is exercisable only by the Director during his lifetime. This Option may not be transferred, assigned, pledged, or hypothecated by the Director during his lifetime, whether by operation of law or otherwis