MOLX » Topics » ARTICLE V. GRANT OF OPTION AND/OR BONUS

This excerpt taken from the MOLX DEF 14A filed Sep 23, 2005.

ARTICLE V.  GRANT OF OPTION AND/OR BONUS

5.1              Option Price - The option price for any shares subject to an option grant under this Plan shall be the fair market value of the Stock on the date of granting the option.  For the purposes of this Plan, fair market value shall be the closing price of the Stock on the date of granting the option as reported by the Wall Street Journal.

5.2              Bonus Price - Any stock bonus awarded under this Plan shall be acquired by the employee without any monetary consideration subject to the terms and conditions of the Plan.  Bonus shares may be awarded in tandem with options grants or alone within the discretion of the Committee.

5.3              Evidence of Option/Bonus - Options granted and/or bonuses awarded shall be evidenced by agreements, warrants, and/or other instruments in such form as the Committee shall deem advisable and shall contain such terms, provisions and conditions not inconsistent herewith as may be determined by the Committee.

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