EX-10.27 FORM OF DIRECTOR STOCK OPTION AGREEMENT

EX-10.27 2 b52084wcexv10w27.txt EX-10.27 FORM OF DIRECTOR STOCK OPTION AGREEMENT Exhibit 10.27 WATERS CORPORATION 2003 EQUITY INCENTIVE PLAN STOCK OPTION AGREEMENT THIS AGREEMENT dated as of <> between Waters Corporation, a corporation organized under the laws of the State of Delaware (the "Company"), and <> (the "Optionee"), a director of Waters Corporation. 1. GRANT OF OPTION. Pursuant and subject to the Company's 2003 Equity Incentive Plan (as the same may be amended from time to time, the "Plan"), the Company grants to you, the Optionee, an option (the "Option") to purchase from the Company all or any part of a total of <> shares (the "Optioned Shares") of the common stock, par value $.01 per share, in the Company (the "Stock"), at a price of $<