<PAGE>

                                                                    EXHIBIT 10.3

                                      FORM
                                       OF

                                   INCENTIVE/
                          NON - STATUTORY STOCK OPTION

                                Non-transferable

                                    GRANT TO

                                (the "Optionee")

      the right to purchase from Indus International, Inc. (the "Company")

 shares of its common stock, $0.001 par value, at the price of $_____ per share

pursuant to and subject to the provisions of the Indus International, Inc. 2004
Long-Term Incentive Plan (the "Plan") and to the terms and conditions set forth
on the following page (the "Terms and Conditions").

Unless sooner vested in accordance with Section 2 of the Terms and Conditions or
otherwise in the discretion of the Committee, the Options shall vest (become
exercisable) in accordance with the following schedule:

<TABLE>
<CAPTION>
Continuous Status as a Participant
         after Grant Date                     Percent of Option Shares Vested
----------------------------------            -------------------------------
<S>                                           <C>
                1                                           25%
                2                                           50%
                3                                           75%
                4                                          100%
</TABLE>

      IN WITNESS WHEREOF, Indus International, Inc., acting by and through its
duly authorized officers, has caused this Certificate to be executed as of the
Grant Date.

                                  INDUS INTERNATIONAL, INC.

                                  By:_________________________________________
                                  Its: Authorized Officer

                                  Grant Date:___________________________

                                  Accepted by Optionee:________________________

<PAGE>

TERMS AND CONDITIONS

      1. Grant of Option. Indus International, Inc. (the "Company") hereby
grants to the Optionee named on Page 1 hereof ("Optionee"), under the Indus
International, Inc. 2004 Long-Term Incentive Plan (the "Plan"), stock options to
purchase from the Company (the "Options"), on the terms and on conditions set
forth in this certificate (this "Certificate"), the number of shares indicated
on Page 1 of the Company's $0.001 par value common stock, at the exercise price
per share set forth on Page 1. Capitalized terms used herein and not otherwise
defined shall have the meanings assigned to such terms in the Plan.

      2. Vesting of Options. The Option shall vest (become exercisable) in
accordance with the schedule shown on Page 1 of this Certificate.
Notwithstanding the foregoing vesting schedule, upon Optionee's death or
Disability during his or her Continuous Status as a Participant, all Options
shall become fully vested and exercisable.

      3. Term of Options and Limitations on Right to Exercise. The term of the
Options will be for a period of ten years, expiring at 5:00 p.m., Eastern Time,
on the tenth anniversary of the Grant Date (the "Expiration Date"). To the
extent not previously exercised, the Options will lapse prior to the Expiration
Date upon the earliest to occur of the following circumstances:

      (a)Three months after the termination of Optionee's Continuous Status as a
Participant for any reason other than by reason of Optionee's death or
Disability.

      (b) Twelve months after termination of Optionee's Continuous Status as
Participant by reason of Disability.

      (c)Twelve months after the date of Optionee's death, if Optionee dies
while employed, or during the three-month period described in subsection (a)
above or during the twelve-month period described in subsection (b) above and
before the Options otherwise lapse. Upon Optionee's death, the Options may be
exercised by Optionee's beneficiary designated pursuant to the Plan.

      The Committee may, prior to the lapse of the Options under the
circumstances described in paragraphs (a), (b) or (c) above, extend the time to
exercise the Options as determined by the Committee in writing. If Optionee
returns to employment with the Company during the designated post-termination
exercise period, then Optionee shall be restored to the status Optionee held
prior to such termination but no vesting credit will be earned for any period
Optionee was not in Continuous Status as a Participant. If Optionee or his or
her beneficiary exercises an Option after termination of service, the Options
may be exercised only with respect to the Shares that were otherwise vested on
Optionee's termination of service.

      4. Exercise of Option. The Options shall be exercised by (a) written
notice directed to the Secretary of the Company or his or her designee at the
address and in the form specified by the Secretary from time to time and (b)
payment to the Company in full for the Shares subject to such exercise (unless
the exercise is a broker-assisted cashless exercise, as described below). If the
person exercising an Option is not Optionee, such person shall also deliver with
the notice of exercise appropriate proof of his or her right to exercise the
Option. Payment for such Shares shall be in (a) cash, (b) Shares previously
acquired by the purchaser, which have been held by the purchaser for at least
such period of time, if any, as necessary to avoid variable accounting for the
Option, or (c) any combination thereof, for the number of Shares specified in
such written notice. The value of surrendered Shares for this purpose shall be
the Fair Market Value as of the last trading day immediately prior to the
exercise date. To the extent permitted under Regulation T of the Federal Reserve
Board, and subject to applicable securities laws and any limitations as may be
applied from time to time by the Committee (which need not be uniform), the
Options may be exercised through a broker in a so-called "cashless exercise"
whereby the broker sells the Option Shares on behalf of Optionee and delivers
cash sales proceeds to the Company in payment of the exercise price. In such
case, the date of exercise shall be deemed to be the date on which notice of
exercise is received by the Company and the exercise price shall be delivered to
the Company by the settlement date.

      If it is the intent of the parties hereto that the Options qualify for
incentive stock option treatment pursuant to, and to the extent permitted by,
Section 422 of the Code, Optionee agrees to notify the Company in writing within
30 days of any disposition of Shares acquired by Optionee pursuant to the
exercise of the Options, if such disposition occurs within two years of the
Grant Date, or one year of the date of exercise, of the Options.

      5. Beneficiary Designation. Optionee may, in the manner determined by the
Committee, designate a beneficiary to exercise the rights of Optionee hereunder
and to receive any distribution with respect to the Options upon Optionee's
death. A beneficiary, legal guardian, legal representative, or other person
claiming any rights hereunder is subject to all terms and conditions of this
Certificate and the Plan, and to any additional restrictions deemed necessary or
appropriate by the Committee. If no beneficiary has been designated or survives
Optionee, the Options may be exercised by the legal representative of Optionee's
estate, and payment shall be made to Optionee's estate. Subject to the
foregoing, a beneficiary designation may be changed or revoked by Optionee at
any time provided the change or revocation is filed with the Company.

      6. Withholding. The Company or any employer Affiliate has the authority
and the right to deduct or withhold, or require Optionee to remit to the
employer, an amount sufficient to satisfy federal, state, and local taxes
(including Optionee's FICA obligation) required by law to be withheld with
respect to any taxable event arising as a result of the exercise of the Options,
or the sale of the Shares. The withholding requirement may be satisfied, in
whole or in part, at the election of the Secretary, by withholding from the
Options Shares having a Fair Market Value on the date of withholding equal to
the minimum amount (and not any greater amount) required to be withheld for tax
purposes, all in accordance with such procedures as the Secretary establishes.
If Shares are surrendered to satisfy withholding obligations in excess of the
minimum withholding obligation, such Shares must have been held by the purchaser
as fully vested shares for at least such period of time, if any, as necessary to
avoid variable accounting for the Option. The Company has the authority to
require Optionee to remit cash to the Company in lieu of the surrender of Shares
for tax withholding obligations if the surrender of Shares in satisfaction of
such withholding obligations would result in variable accounting for the Option.

      7. Limitation of Rights. The Options do not confer to Optionee or
Optionee's beneficiary designated pursuant to Paragraph 5 any rights of a
shareholder of the Company unless and until Shares are in fact issued to such
person in connection with the exercise of the Options. Nothing in this
Certificate shall interfere with or limit in any way the right of the Company or
any Affiliate to terminate Optionee's service at any time, nor confer upon
Optionee any right to continue in the service of the Company or any Affiliate.

      8. Stock Reserve. The Company shall at all times during the term of this
Certificate reserve and keep available such number of Shares as will be
sufficient to satisfy the requirements of this Certificate.

      9. Restrictions on Transfer and Pledge. No right or interest of Optionee
in the Options may be pledged, encumbered, or hypothecated to or in favor of any
party other than the Company or an Affiliate, or shall be subject to any lien,
obligation, or liability of Optionee to any other party other than the Company
or an Affiliate. The Options are not assignable or transferable by Optionee
other than by will or the laws of descent and distribution or pursuant to a
domestic relations order that would satisfy Section 414(p)(1)(A) of the Code if
such Section applied to an Option under the Plan; provided, however, that the
Committee may (but need not) permit other transfers. The Options may be
exercised during the lifetime of Optionee only by Optionee or any permitted
transferee.

      10. Restrictions on Issuance of Shares. If at any time the Committee shall
determine in its discretion, that registration, listing or qualification of the
Shares covered by the Options upon any Exchange or under any foreign, federal,
or local law or practice, or the consent or approval of any governmental
regulatory body, is necessary or desirable as a condition to the exercise of the
Options, the Options may not be exercised in whole or in part unless and until
such registration, listing, qualification, consent or approval shall have been
effected or obtained free of any conditions not acceptable to the Committee.

      11. Amendment. The Committee may amend, modify or terminate this
Certificate without approval of the Optionee; provided, however, that such
amendment, modification or termination shall not, without the Optionee's
consent, reduce or diminish the value of this award determined as if it had been
fully vested and exercised on the date of such amendment or termination (with
the per-share value being calculated as the excess, if any, of the Fair Market
Value over the exercise price of the Options). Notwithstanding anything herein
to the contrary, the Company is authorized, without Optionee's consent, to amend
or interpret this award certificate to the extent necessary, if any, to comply
with Section 409A of the Code and Treasury regulations and guidance with respect
to such law.

      12. Plan Controls. The terms contained in the Plan are incorporated into
and made a part of this Certificate and this Certificate shall be governed by
and construed in accordance with the Plan. In the event of any actual or alleged
conflict between the provisions of the Plan and the provisions of this
Certificate, the provisions of the Plan shall be controlling and determinative.

      13. Successors. This Certificate shall be binding upon any successor of
the Company, in accordance with the terms of this Certificate and the Plan.

      14. Severability. If any one or more of the provisions contained in this
Certificate is invalid, illegal or unenforceable, the other provisions of this
Certificate will be construed and enforced as if the invalid, illegal or
unenforceable provision had never been included.

      15. Notice. Notices and communications under this Certificate must be in
writing and either personally delivered or sent by registered or certified
United States mail, return receipt requested, postage prepaid. Notices to the
Company must be addressed to: Indus International, Inc., 3301 Windy Ridge
Parkway, Atlanta, GA 30339, Attn: Secretary, or any other address designated by
the Company in a written notice to Optionee. Notices to Optionee will be
directed to the address of Optionee then currently on file with the Company, or
at any other address given by Optionee in a written notice to the Company.