Exhibit
4.30
This
document constitutes part of a prospectus covering securities that
have been registered under the Securities Act of
1933.
Nonqualified Stock
Option Contract
THIS NONQUALIFIED STOCK OPTION
CONTRACT is entered into
effective as of the 31st day of December, 2008, by and between
INTER PARFUMS, INC., a Delaware corporation (the
“Company”) and _________ (“Option
Holder”).
WITNESSETH:
1. The
Company, in accordance with the resolutions adopted by the
Company’s Executive Compensation and Stock Option Committee
(the “Committee”), and the terms and subject to the
conditions of the Company’s 2004 Stock Option Plan (the
“2004 Plan”), hereby grants to the Option Holder as of
December 31, 2008, a nonqualified stock 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 the exercise price of $6.925 per
share.
2. Subject
to earlier termination as provided in the 2004 Plan, the term of
this option shall be six (6) years from the date hereof;
provided that , such option shall vest and become
exercisable to purchase shares of Common Stock as follows: 20% one
year after the date of grant, and then 20% on each of the second,
third, fourth and fifth consecutive years from the date of grant on
a cumulative basis, so that each option shall become fully vested
and exercisable on the fifth year from the date of
grant.
3. (a) Subject
to the provisions contained in Section 2 hereof, this option may be
exercised from time to time in whole or in part prior to the end of
the term of the option (but not with respect to less than 100
Shares (unless less than 100 Shares remain to be purchased, then
such amount remaining), or fractional Shares), by giving written
notice to the Company at its principal office, presently 551 Fifth
Avenue, New York, New York 10176, stating that the Option Holder is
exercising this 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 sole discretion of the Company’s
Executive Compensation and Stock Option Committee (the
“Committee”).
(b)
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 Shares
pursuant to this option until all required payments have been
made.
4. This
option is not transferable otherwise than by will or the laws of
descent and distribution and may be exercised, during the lifetime
of the Option Holder, only by the Option Holder or his legal
representatives.
5. Nothing
in the 2004 Plan or her
