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                                  EXHIBIT 10.3

             NON-QUALIFIED STOCK OPTION AWARD AGREEMENT PURSUANT TO
                  THE WESTWOOD HOMESTEAD FINANCIAL CORPORATION
                             1997 STOCK OPTION PLAN
       (Assumed by Camco Financial Corporation Effective January 6, 2000)


     THIS AGREEMENT is made to be effective as of January 27, 2005, by and
between Camco Financial Corporation (the "Company") and __________ (the
"Optionee").

     In consideration of the mutual promises and agreements contained herein,
the parties hereto make the following agreement, intending to be legally bound
thereby:

     1. Grant of Option. The Company hereby grants to the Optionee an option to
purchase 2,000 common shares of the Company (the "Option").

     2. Terms and Conditions of the Option.

        (A) Option Price. The purchase price to be paid by the Optionee to the
Company upon the exercise of the Option shall be $____ per share (the "Option
Price").

        (B) Exercise of the Option. Subject to the provisions of the Plan and
the other provisions of this Agreement, the Option is immediately exercisable
and shall remain exercisable until January 27, 2015. The Option may be exercised
to purchase less than the total number of common shares subject to the Option at
any time and from time to time. The Option may not be exercised unless the
common shares issued upon such exercise are first registered pursuant to any
applicable federal or state laws or regulations or, in the opinion of counsel to
the Company, are exempt from such registration. Nothing contained in the Plan or
in this Agreement shall be construed to require the Company to take any action
whatsoever to make exercisable any Option or to make transferable any shares
issued upon the exercise of any Option.

        (C) Period of Exercisability. The Option may be exercised by the
Optionee only while an employee or director of the Company or a subsidiary of
the Company and has maintained Continuous Service (as defined in the Plan) from
the date of the grant of the Option, or within one year after termination of
such Continuous Service (but not later than the date on which the Option would
otherwise expire). Notwithstanding the foregoing, if the Optionee's Continuous
Service terminates by reason of (1) Just Cause (as defined in the Plan), then
the Option shall expire on the date of such termination, (2) death, then the
Option may be exercised within two years from the date of the Optionee's death
(but not later than the date on which the Option would otherwise expire) by the
personal representatives of his estate or person or persons to whom his rights
under such Option shall have passed by will or by laws of descent and
distribution, or (3) Disability (as defined in the Plan), then the Option may be
exercised

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within one year from the date of termination of employment due to Disability,
but not later than the date on which the Option would otherwise expire. The
Committee's determination whether an Optionee's Continuous Service has ceased,
and the effective date thereof, shall be final and conclusive on all persons
affected thereby.

        (D) Method of Exercise. The Option may be exercised by giving written
notice of exercise to the Company addressed to the President or the Chief
Financial Officer of the Company stating the number of shares as to which the
Option is being exercised. Such notice shall be accompanied by payment in full
of the Option Price in cash or by certified or cashier's check unless the
Committee in its sole discretion permits payment of the Option Price in common
shares already owned by the Optionee or by surrendering outstanding Options or
by another method approved by the Committee.

        (E) Mandatory Six-Month Holding Period. Notwithstanding any other
provision of this Agreement or the Plan to the contrary, common stock of the
Company that is purchased upon exercise of this Option may not be sold within
the six-month period following the grant of this Option, except in the event of
the Optionee's death, Disability, or retirement, or upon a Change in Control
(as defined in the Plan).

     3. Non-Assignability of the Option. The Option shall not be assignable or
transferable by the Optionee except by will or the laws of descent and
distribution, and the terms and conditions of the Option shall be binding upon
the executors, administrators, heirs, successors and assigns of the Optionee.

     4. Governing Law. The rights and obligations of the Optionee and the
Company under this Agreement shall be governed by and construed in accordance
with the laws of the State of Ohio in all respects, including, without
limitation, matters relating to the validity, construction, interpretation,
administration, effect, enforcement, and remedies provisions of the Plan and its
rules and regulations, except to the extent preempted by applicable federal law.
The Optionee and the Company agree to submit to the jurisdiction of the state
and federal courts of the State of Ohio with respect to matters relating to the
Plan and this Agreement and agree not to raise or assert the defense that such
forum is not convenient.

     5. Rights and Remedies Cumulative. All rights and remedies of the Company
and of the Optionee enumerated in this Agreement shall be cumulative and, except
as expressly provided otherwise in this Agreement, none shall exclude any other
rights or remedies allowed by law or in equity, and each of said rights or
remedies may be exercised and enforced concurrently.

     6. Captions. The captions contained in this Agreement are included only for
convenience of reference and do not define, limit, explain or modify this
Agreement or its interpretation, construction or meaning and are in no way to be
construed as a part of this Agreement.

     7. Severability. If any provision of this Agreement or the application of
any provision hereof to any person or any circumstance shall be determined to be
invalid or


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unenforceable, then such determination shall not affect any other provision of
this Agreement or the application of such provision to any other person or
circumstance, all of which other provisions shall remain in full force and
effect. It is the intention of each party to this Agreement that if any
provision of this Agreement is susceptible of two or more constructions, one of
which would render the provision enforceable and the other or others of which
would render the provision unenforceable, then the provision shall have the
meaning which renders it enforceable.

     8. Plan as Controlling. All terms and conditions of the Plan applicable to
options granted thereunder which are not set forth in this Agreement shall be
deemed incorporated herein by reference. In the event that any provision in this
Agreement conflicts with any term in the Plan, the term in the Plan shall be
deemed controlling. Capitalized terms not defined in this Agreement shall have
the meaning ascribed to them in the Plan.

     9. Entire Agreement. This Agreement constitutes the entire agreement
between the Company and the Optionee with respect to the subject matter of this
Agreement, and this Agreement supersedes all prior and contemporaneous
agreements between the parties hereto in connection with the subject matter of
this Agreement. No change, termination or attempted waiver of any of the
provisions of this Agreement shall be binding upon any party hereto unless
contained in a writing signed by the party to be charged.

     IN WITNESS WHEREOF, the parties hereto have exercised this Agreement to be
effective as of the date set forth above.


                                            CAMCO FINANCIAL CORPORATION

                                            By:
                                               ---------------------------------

                                               Its:

                                               OPTIONEE:

                                               ---------------------------------


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