Nonqualified Stock Option Contract

THIS NONQUALIFIED STOCK OPTION CONTRACT is entered into effective as of the 1st day of February, 2006, by and between Inter Parfums, Inc., a Delaware corporation (the "Company") and ____________ ("Optionee").

1. The Company, in accordance with the terms and subject to the conditions of the 2004 Nonemployee Director Stock Option Plan of the Company adopted by the Board of Directors on 26 March 2004 and approved by a vote the shareholders of the Company at the 2004 annual meeting of stockholders (the "Plan"), hereby grants to the Optionee as of the date hereinabove set forth, a nonqualified option to purchase an aggregate of 1,500 shares (the "Shares") of the common stock, $.001 par value per share, of the Company (the "Common Stock"), at $12.643 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 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