50 of the Top 250 law firms use our Products every day
Exhibit 10.9
NON-EMPLOYEE DIRECTOR STOCK
OPTION
AMENDED AND RESTATED 2000 STOCK
INCENTIVE PLAN
NON-QUALIFIED STOCK OPTION GRANT
NOTICE
Itron, Inc.
(the "Company") hereby grants to Participant an Option (the
"Option") to purchase shares of the Company's Common
Stock.
|
Participant :
|
|
|
|
Grant
Date :
|
|
|
|
Number of
Shares Subject to Option :
|
|
|
|
Grant Price
(per Share) :
|
|
|
|
Option
Expiration Date :
|
|
|
|
Type of
Option :
|
Nonqualified
Stock Option
|
|
Vesting and
Exercisability Schedule :
|
[33-1/3% of the
Option will vest and become exercisable on the one-year anniversary
of the Grant Date. An additional 33-1/3% of the Option will vest
and become exercisable each year thereafter so that the entire
Option will be fully vested and exercisable three years from the
Grant Date.] OR
[Fully vested
and exercisable as of the Grant Date.]
|
|
Additional
Terms: The
Option is subject to all the terms and conditions set forth in this
Stock Option Grant Notice (this "Grant Notice"), the Equity Grant
Program for Non-Employee Directors (“NED Program”), the
Stock Option Agreement, and the Company's Amended and Restated 2000
Stock Incentive Plan (the "Plan"), which are attached to and
incorporated into this Grant Notice in their entirety.
|
|
|
|
|
|
PARTICIPANT
I accept the
Option subject to the terms and conditions stated
herein.
______________________________________________
|
|
|
Attachments :
1. Stock Option Agreement
2. 2000 Stock Incentive
Plan
3. Plan Summary
4. NED Program
|
|
Pursuant to
your Stock Option Grant Notice (the "Grant Notice"),
Itron,
Inc. has granted you an Option under its Amended and Restated 2000
Stock
Incentive Plan (the "Plan") to purchase the number of shares of the
Company's Common Stock (“Stock”) indicated in your
Grant Notice (the "Shares") at the Grant Price indicated in your
Grant Notice. Capitalized terms not expressly defined in
this Stock Option Agreement or the Grant Notice have the same
definitions as in the Plan.
The details of
the Option are as follows:
1.
Vesting and Exercisabili
|
