Form of Stock Option Agreement between Kadant Inc. and Option Holder (Exhibit 10.1, 3Q 2007)

Contract Categories: Business Finance Stock Agreements
Summary

This agreement is between Kadant Inc. and an individual option holder. It outlines the terms under which the option holder is granted the right to purchase shares of Kadant Inc. stock at a specified price. The agreement details the number of shares, exercise price, vesting schedule, and expiration date. It also sets forth conditions for exercising the option and what happens if the option holder leaves the company. The agreement is effective as of the grant date and is subject to the terms of Kadant Inc.'s stock incentive plan.

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