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Exhibit
4.22
Nonqualified Stock Option
Contract
THIS NONQUALIFIED STOCK OPTION
CONTRACT is entered
into effective as of the __day of ____, ____, by and between
INTER PARFUMS, INC., a Delaware corporation (the
"Company") and _______ ("Optionee").
W I T N E S S E T
H:
1. The Company, in accordance with the resolutions
adopted by the Stock Option Committee effective as of _____, and
the terms and subject to the conditions of the Company’s ____
Stock Option Plan (the "1999 Plan"), hereby grants to the Optionee
as of the date hereinabove set forth, a nonqualified option to
purchase an aggregate of _____ shares (the "Shares") of the common
stock, $.001 par value per share, of the Company (the "Common
Stock"), at $_____ per share.
2. The term of this option shall be five (5) years
from the date hereof, subject to earlier termination as provided in
the 1999 Plan. This option may be exercised in whole or in part and
from time to time as to the Shares but prior to the end of the term
of the option, by giving written notice to the Company at its
principal office, presently 551 Fifth Avenue, New York, New York
10176, stating that the Optionee is exercising this nonqualified
stock option, specifying the number of shares purchased and
accompanied by payment in full of the aggregate purchase price
therefor (i) in cash or certified check, or (ii) with previously
acquired shares of Common Stock or a combination of the foregoing
if permitted in the discretion of the Committee. This option shall
not be exercisable at any time in an amount less than 100 Shares
(or the remaining Shares then covered and purchasable under this
option if fewer that 100 Shares). In no event may this option be
exercised with respect to a fractional Share. In addition, upon the
exercise of this option, the Company may withhold cash and/or
Shares to be issued with respect thereto, having an aggregate fair
market value equal to the amount which it determines is necessary
to satisfy its obligation to withhold federal, state and local
income taxes or other taxes incurred by reason of such exercise.
Alternatively, the Company may require the holder to pay to the
Company such amount, in cash, promptly upon demand. The Company
shall not be required to issue any S
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