Exhibit 10.2

Name:

Employee ID:

No. of Options:

Grant Date:

Expiration Date:

Grant Price:

Domino’s Pizza, Inc.

2004 Equity Incentive Plan

Non-Qualified Stock Option Agreement

Domino’s Pizza, Inc., (the “Company”) a Delaware corporation, hereby grants this
Stock Option to the above named individual (the Participant), pursuant to the
Company’s 2004 Equity Incentive Plan (as from time to time in effect, the
“Plan”). Under this Stock Option, the Participant may purchase, from the Company
during the period commencing on the Grant Date set forth above, and expiring on
the Expiration Date set forth above, the aggregate number of shares set forth
above (the “Shares”) of the Common Stock of the Company at the price per Share
set forth above (the “Grant Price”), all in accordance with and subject to the
following terms and conditions:

1. Vesting. This Stock Option is exercisable in the following cumulative
installments (each an “Installment Period”) prior to the tenth anniversary of
the Grant Date (the “Expiration Date”):

20% of the Shares on and after the 1st anniversary of the Grant Date;

an additional 20% of the Shares on and after the 2nd anniversary of the Grant
Date;

an additional 20% of the Shares on and after the 3rd anniversary of the Grant
Date;

an additional 20% of the Shares on and after the 4th anniversary of the Grant
Date;

the remaining 20% of the Shares on and after the 5th anniversary of the Grant
Date; and

the right of exercise shall be cumulative, so that if the Stock Option is not
exercised to the maximum extent permissible during an Installment Period, it
shall be exercisable, in whole or in part, with respect to all Shares not so
purchased at any time prior to the Expiration Date, subject to earlier
termination as set forth in this agreement (the “Agreement”) and the Plan.

Subject to the other provisions of this Agreement and the Plan, if the
Participant Retires (or dies or becomes disabled at a time when the Participant
had satisfied the age and years of service requirements specified in the
definition of Retirement) this Stock Option will immediately upon such
Retirement or death or disability, as applicable, and to the extent not
otherwise exercisable, become fully exercisable, and will thereafter and during
the period specified in the following paragraph remain, to the extent not
previously exercised, fully exercisable for the Shares. For purposes of this
Stock Option, “Retire” and “Retirement” mean termination of the Participant’s
employment (other than a termination for cause) after attainment by the
Participant of age fifty-five (55) and ten (10) years of continuous service with
the Company and/or its subsidiaries.

Upon termination of the Participant’s employment, any portion of this Stock
Option that is not then exercisable (determined after giving effect, to the
extent applicable, to the accelerated exercisability provisions of the
immediately preceding paragraph) will immediately expire and the remainder of
this Stock Option will remain exercisable, subject to the other provisions of
this Agreement and the Plan, until the earlier of (A) the Expiration Date, or
(B)(i) if the employment terminates by reason of the Participant’s death, the
second anniversary of the date of such death; (ii) if the employment terminates
by reason of the Participant’s Retirement, the Expiration Date, provided,
however, that if the Participant dies after Retirement the period specified by
this clause (ii) shall be modified to end on the second anniversary of the date
of such death; (iii) if the employment terminates by reason of disability or an
involuntary termination other than for cause, the first anniversary of the date
of termination; or (iv) if the Participant voluntarily terminates employment
before becoming eligible for Retirement, or is involuntarily terminated for
cause, the thirtieth (30th) day following the date of termination. Upon the
expiration of the applicable latest exercise date described in the immediately
preceding sentence, this Stock Option shall terminate.

 

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2. Exercise of Stock Option. Each election to exercise this Stock Option shall
be made, in the manner prescribed by the Company, with the third party stock
plan administrator appointed by the Company, by the Participant or the
Participant’s executor, administrator, or legally appointed representative (in
the event of the Participant’s incapacity) or the person or persons to whom this
Stock Option is transferred by will or the applicable laws of descent and
distribution (collectively, the “Option Holder”) and received by the third party
stock plan administrator, accompanied by this Agreement and payment in full as
provided in the Plan. The purchase price shall be paid to the third party stock
plan administrator appointed by the Company by either (i) delivery of cash or
check; (ii) wire transfer; or (iii) through a broker-assisted cashless exercise
program implemented in connection with the Plan. In the event that this Stock
Option is exercised by an Option Holder other than the Participant, the Company
will be under no obligation to deliver Shares hereunder unless and until it is
satisfied as to the authority of the Option Holder to exercise this Stock
Option.

3. Restrictions on Transfer of Shares. If at the time this Stock Option is
exercised the Company or any of its stockholders is a party to any agreement
restricting the transfer of any outstanding shares of the Company’s Common
Stock, the Administrator may provide that this Stock Option may be exercised
only if the Shares so acquired are made subject to the transfer restrictions set
forth in that agreement (or if more than one such agreement is then in effect,
the agreement or agreements specified by the Administrator).

4. Withholding; Agreement to Provide Security. The Company will not deliver
Shares being purchased upon any exercise of this Stock Option unless it has
received payment in a form acceptable to the Company for all applicable
withholding taxes (or the Participant makes other arrangements satisfactory to
the Company for the payment of such taxes).

5. Nontransferability of Stock Option. This Stock Option is not transferable by
the Participant otherwise than by will or the laws of descent and distribution,
and is exercisable during the Participant’s lifetime only by the Participant (or
in the event of the Participant’s incapacity, the person or persons legally
appointed to act on the Participant’s behalf).

6. Provisions of the Plan. This Stock Option is subject to the provisions of the
Plan, which are incorporated herein by reference. A copy of the Plan as in
effect on the date of the grant of this Stock Option is available from the
Company. By exercising all or any part of this Stock Option, the Participant
agrees to be bound by the terms of the Plan and this Agreement. All initially
capitalized terms used herein will have the meaning specified in the Plan,
unless another meaning is specified herein.

7. Non-Statutory Option. The Stock Option evidenced by this Agreement is
intended to be, and is hereby designated, a non-statutory option, that is, an
option that does not qualify as an incentive stock option as defined in section
422 of the Internal Revenue Code of 1986, as amended from time to time (the
“Code”).

8. Governing Law. This Stock Option is governed by, and subject to, the laws of
the State of Delaware, as provided in the Plan. For purposes of litigating any
dispute that arises under this Agreement or the Plan, the parties hereby submit
to and consent to the jurisdiction of the State of Delaware, agree that such
litigation shall be conducted in the courts of Delaware, or the federal courts
for the United States for the District of Delaware, where this grant is made
and/or to be performed.

9. Electronic Delivery. The Company may, in its sole discretion, decide to
deliver any documents related to this Stock Option and participation in the Plan
or future options that may be granted under the Plan by electronic means or to
request the Participant’s consent to participate in the Plan by electronic
means. The Participant hereby consents to receive such documents by electronic
delivery and, if requested, to agree to participate in the Plan through an
on-line or electronic system established and maintained by the Company or
another third party designated by the Company.

10. Severability. The provisions of this Agreement are severable and if any one
or more provisions are determined to be illegal or otherwise unenforceable, in
whole or in part, the remaining provisions shall nevertheless be binding and
enforceable.

 

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IN WITNESS WHEREOF, the Company has caused this instrument to be executed by its
duly authorized officer.

 

DOMINO’S PIZZA, INC. Name:   David A. Brandon Title:   Chairman and Chief
Executive Officer

 

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