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NONQUALIFIED STOCK OPTION CONTRACT

Stock Option Agreement

NONQUALIFIED STOCK OPTION CONTRACT | Document Parties: INTER PARFUMS, INC You are currently viewing:
This Stock Option Agreement involves

INTER PARFUMS, INC

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Title: NONQUALIFIED STOCK OPTION CONTRACT
Date: 8/11/2009
Industry: Personal and Household Prods.     Sector: Consumer/Non-Cyclical

NONQUALIFIED STOCK OPTION CONTRACT, Parties: inter parfums  inc
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Exhibit 4.4                  Nonqualified Stock Option Contract

 

THIS NONQUALIFIED STOCK OPTION CONTRACT is entered into effective as of the 10 th day of December, 2004 by and between INTER PARFUMS, INC., a Delaware corporation (the "Company") and _______ ("Optionee").

 

WITNESSETH:

 

1.           The Company, in accordance with the resolutions adopted by the Stock Option Committee on the 10 th day of December 2004, and the terms and subject to the conditions of the Company’s 1999 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 $10.26 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 Shares pursuant to this option until all required payments have been made.

 

3.           Nothing in the 1999 Plan or herein shall confer upon the Optionee a


 
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