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Exhibit 10.t
POLARIS INDUSTRIES INC.
STOCK OPTION AGREEMENT
[NAME]
[SSN:
]
In accordance
with the terms of the Polaris Industries Inc. 2007 Omnibus
Incentive Plan (the “Plan”), Polaris Industries Inc.
(the “Company”), as determined by and through the
Compensation Committee of the Company’s Board of Directors,
hereby grants to you (the “Participant”), subject to
the terms and conditions set forth in this Stock Option Agreement
(including Annex A hereto and all documents incorporated herein by
reference) the right and option (the “Option”) to
purchase from the Company shares of its common stock, $.01 par
value, as set forth below:
Number of
shares of Common Stock for which the Option is
exercisable:
Date of
Grant:
Option
Price:
$
Vesting:
In accordance
with Section 3 of Annex A.
Expiration
Date:
Close of
business on
Exercise
Period:
Date of Vesting
through Expiration Date
Further terms
and conditions of the grant are set forth in Annex A hereto, which
is an integral part of this Stock Option Agreement.
All terms,
provisions and conditions applicable to the Option set forth in the
Plan and not set forth herein are hereby incorporated by reference
herein. To the extent any provision hereof is inconsistent with a
provision of the Plan, the provisions of the Plan will govern. The
Participant hereby acknowledges the receipt of a copy of this Stock
Option Agreement, including Annex A hereto, and a copy of the Plan,
and agrees to be bound by all the terms and provisions hereof and
thereof.
IN WITNESS
WHEREOF, the Company has caused this Stock Option Agreement to be
executed by its Vice President-Finance, Chief Financial Officer and
Secretary, and the Participant has executed this Stock Option
Agreement, both effective as of the Date of Grant.
