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Exhibit 10(t)(t)    
    


 
 

HEWLETT-PACKARD COMPANY
  2000 STOCK PLAN OPTION AGREEMENT    
    



	 	Director Name:	 	ID:





Grant Date: 


Grant
Price: 


Number
of shares granted: 


Award
Type: 


Expiration
Date: 


Plan:
2000 Stock Plan


Vesting
Schedule: 


        THIS
AGREEMENT, as of the Grant Date set forth above between HEWLETT-PACKARD COMPANY, a Delaware corporation ("HP"), and the Director, a director of HP, is entered into as follows: 


 
 

WITNESSETH:    
    


        WHEREAS, HP has established the Hewlett-Packard Company 2000 Stock Plan (the "Plan"), a copy of which has been made available to the Director and is made a part
hereof; and 


        WHEREAS,
the Director has elected to receive a portion of his annual retainer in the form of an option under the Plan, as hereinafter set forth; 


        NOW
THEREFORE, the parties hereby agree that in consideration of services rendered and to be rendered, HP grants the Director an option (the "Option") to purchase the number noted above
of its $0.01 par value HP common stock (the "Shares") upon the terms and conditions set forth herein. 


	1.
	This
Option is granted under and pursuant to the Plan and is subject to each and all of the provisions thereof.



	2.
	The
Option price shall be the per Share price set forth above.



	3.
	This
Option is not transferable by the Director otherwise than by will or the laws of descent and distribution, and is exercisable only by the Director during his lifetime. This Option
may not be transferred, assigned, pledged, or hypothecated by the Director during his lifetime, whether by operation of law or otherwise, and is not subject to execution, attachment or similar
process.



	4.
	The
Shares underlying this Option shall vest in full on the one-year anniversary of the Grant Date.



	5.
	This
Option will expire ten (10) years from the date hereof on the expiration date set forth above, unless sooner terminated or canceled in accordance with the provisions of the
Plan.



	6.
	This
Option may be exercised by delivering to the Secretary of HP (or his delegate) a written notice stating the number of Shares as to which the Option is exercised (which notice must
be accompanied by payment of the full Option price for such Shares), or by any other method HP has approved.



	7.
	All
rights of the Director in this Option, to the extent that it has not been exercised, shall terminate upon the death of the Director (except as hereinafter provided). The Director
may, by written notice to HP, designate one or more persons, including his legal representative, who shall by reason of the Director's death acquire the right to exercise all or a portion of the
Director's Option. The person so designated must exercise this Option within the term of this Option set 








forth
in paragraph 5. The person designated to exercise this Option after the Director's death shall be bound by the provisions of the Plan. 



	8.
	The
Director hereby designates the following person(s) as the one(s) who may exercise this Option after his death as provided above: 






	 	Name:	    
	 	Relationship:	    

	

 	

Name:	

    
	
 	

Relationship:	

    






The
Director agrees that the designation above shall apply to this Option and all previous options granted to the Director under the Plan, and this designation shall supercede all previous
designations, unless otherwise the Director indicates otherwise. 


The
Director may change the above designation at any time by filing with the Secretary of HP (or his delegate) a written notice of change. 



	9.
	The
Director agrees to receive stockholder information, including copies of any annual report, proxy and Form 10-K, from the investor relations section of the HP web
site at www.hp.com. The Director acknowledges that additional copies of the Plan, Plan prospectus, Plan information and stockholder information are available upon written or telephonic request to HP's
Secretary (or his delegate). 



        IN
WITNESS WHEREOF, the parties have executed this Agreement in duplicate the day and year first above written. 



	

 	
 	

 	

 
	 	 	HEWLETT-PACKARD COMPANY
	

 	
 	
By	

 
	 	 	 	

	 	 	Mark V. Hurd

Chief Executive Officer and President
	

 	
 	

By	

 
	 	 	 	

	 	 	Michael J. Holston

Executive Vice President, General Counsel and Secretary
	
Signed:
                                         
                           	
 	

 	

 













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Exhibit 10(t)(t)


HEWLETT-PACKARD COMPANY 2000 STOCK PLAN OPTION AGREEMENT

WITNESSETH