EX-10
from 8-K/A
26 pages
This Option Agreement Is Made With Effect From August 1, 2005 Between (1) Toyota Motor Corporation a Company Registered in Japan and Whose Registered Office Is at 1 Toyota-Cho, Toyota, Aichi, 471-8571 Japan (The Company); and (2) [Employee] of [Home Address] (The Grantee) and Currently Employed by [Toyota] (The Employing Company). Whereas the Company Intends to Grant the Grantee Options to Acquire Common Shares of the Company and Set Out the Exercise Conditions Thereof. It Is Agreed as Follows: 1. Interpretation 1.1 in This Agreement, Unless the Context Otherwise Requires, the Following Words and Expressions Shall Have the Following Meanings: Agreement Means This Option Agreement; Appointed Bank Has the Meaning Set Forth in Clause 5.1(c); Board Means the Board of Directors of the Company From Time to Time or a Duly Appointed Committee Thereof; Bank Business Day Means Any Day on Which the Appointed Bank Is Open for Business in Japan; Common Shares Means the Ordinary Shares of the Company From Time to Time; Company Business Day Means Any Day on Which the Company Is Open for Business in Japan; Exercise Period Means the Period Commencing on August 1, 2007 and Ending on July 31, 2011, Provided That if July 31, 2011 Is Not a Company Business Day, Then the Final Day of the Exercise Period Shall Be the Company Business Day Immediately Preceding July 31, 2011; Grant Date Means, August 1, 2005, the Date on Which the Company Grants the Options to the Grantee; Group Means the Company, the Employing Company and the Subsidiaries; Option Means a Right to Acquire 100 Common Shares Under This Agreement (Or Such Number as May Be Increased or Decreased Pursuant to Clause 6) and Options Shall Be Construed Accordingly; Page 1
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