Exhibit 10.3

REGULAR GRANT

Agreement
Number: «NUM»

APAC Customer Services, Inc.Stock Option Agreement

This Agreement is entered into and made effective as of «Option_Date» by and between APAC Customer Services, Inc., an Illinois
corporation (the "Company"), and «First_Name» «Middle_Name» «Last_Name» (the "Optionee").

W
I T N E S S E T H:

WHEREAS,the Compensation Committee of the Board of Directors of the Company desires to encourage and enable the Optionee to acquire or
increase his or her proprietary interest in the Company by granting the Optionee an option to purchase common stock of the Company, par value of $.01 per share ("Shares"), as authorized under the APAC
Customer Services, Inc. 2005 Incentive Stock Plan (the "Plan");

NOW, THEREFORE,in consideration of the premises and mutual covenants set forth in this Agreement, the Company and Optionee hereby agree
as follows:

1.Grant of Option.Subject to the terms and conditions provided in this Agreement and
the Plan, the Company hereby grants to the Optionee a nonqualified stock option to purchase all or part of «Shares_Granted» Shares of the Company (the "Option") at a per share
purchase price of «Option_Price», effective as of «Option_Date» (the "Grant Date"). The Option shall not be treated as an incentive stock option within
the meaning of Section 422 of the Internal Revenue Code of 1986.

2.Time of Exercise.



Exercise Date

Cumulative Number of SharesOn or after 1st anniversary of Grant Date

25% of SharesOn or after 2nd anniversary of Grant Date

50% of SharesOn or after 3rd anniversary of Grant Date

75% of SharesOn or after 4th anniversary of the Grant Date

100% of Shares


Notwithstanding
the foregoing, the Option may not be exercised for fractional Shares and the Option may not be exercised for less than 100 Shares at a time, unless it is for the balance of the Shares
available under the Option.

The
exercisability of the Option shall not be affected by leaves of absence approved in writing by the President of the Company or by any change of employment, so long as the Optionee continues to be
an employee of the Company or of one of its subsidiaries.



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Termination Date

Cumulative Number of SharesOn or after Grant Date, but before 1st anniversary of Grant Date

25% of SharesOn or after 1st anniversary of Grant Date, but before 2nd anniversary of Grant Date

50% of SharesOn or after 2nd anniversary of Grant Date, but before 3rd anniversary of Grant Date

75% of SharesOn or after 3rd anniversary of Grant Date

100% of Shares




3.Term of Option.Except as provided below, the term of the Option shall be for a ten
(10) year period, beginning on the Grant Date and ending on «Expiration_Date_Period_1» (the "Expiration Date").



Notwithstanding
the foregoing provisions of this paragraph 3, in no event may the Option be exercised later than the Expiration Date.

4.Definitions.For purposes of this Agreement, the following definitions shall apply:



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5.Method of Exercise.



6.Repayment of Option Gain.Subject to the provisions of a Restricted Stock Purchase
Agreement, if applicable pursuant to paragraph 5(b)(i), which shall apply with respect to the Shares subject thereto, if prior to the occurrence of a Change of Control: (i) the Company
terminates the Optionee's employment With Cause during the six month period after the Optionee's exercise of all or any portion of the Option, or (ii) the Optionee violates any promise,
covenant, or agreement relating to (A) restrictions on the Optionee's ability to compete with the Company or solicit its customers or employees; or (B) the Optionee's duty to keep
information about the Company confidential, prior to or during the six month period after the Optionee exercises all or any portion of the Option, then the Company may rescind the Optionee's exercise
of the Option within two years of the exercise. In the event of such rescission, the Optionee shall pay to the Company, with respect to each Share purchased pursuant to the Option, an amount equal to
the excess of the Fair Market Value of such Share on the date of exercise over the per share purchase price of such Share, in such manner and on such terms

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and
conditions as may be required, and the Company shall be entitled to a right of set-off against any amount owed to the Optionee by the Company.

7.Non-Transferability; Death.The Option is not transferable by the
Optionee other than by will or the laws of descent and distribution and is exercisable during the Optionee's lifetime only by him. If the Optionee dies while in the employ of the Company or of one of
its subsidiaries, the Option may be exercised during the period described above in paragraph 3(b) (but in no event later than the Expiration Date) by his estate or the person to whom the Option
passes by will or the laws of descent and distribution, but only to the extent that the Optionee could have exercised the Option on the date of his death as determined above under paragraph 2.
Notwithstanding the foregoing, the Option may be transferred to members of the Optionee's immediate family (which for purposes of this Option shall be limited to the Optionee's spouse, children and
grandchildren), or to one or more trusts for the benefit of the Optionee's family members (as defined above) or to one or more partnerships in which such family members and/or trusts are the only
partners.

8.Registration.Any Shares issued pursuant to the Optionee's exercise of the Option
hereunder shall be Shares that are listed on the NASDAQ National Market or other nationally recognized stock exchange, and registered under the Securities Act of 1933, as amended.

9.Adjustments.



10.Subject to Plan.The Option is subject to all of the terms and conditions set forth
in the Plan. Any capitalized terms not defined herein shall be subject to the definitions set forth in the Plan. This Agreement hereby incorporates the Plan by reference. In the event that the
Agreement is silent on any term or condition that is contained in the Plan, such term or condition shall be governed by and administered in accordance with the terms and conditions of the Plan. In the
event of any discrepancy between the express terms and conditions of this Agreement and those of the Plan, the terms and conditions of the Plan shall control.

11.Administration and Interpretation.The Compensation Committee of the Board of
Directors of the Company (the "Committee") shall administer and interpret the terms and provisions of this Agreement. Any interpretation and construction by the Committee of any term or provision of
the Plan, this Agreement, or other matters related to the Plan shall be final, conclusive and binding upon the Optionee and his or her heirs.

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12.Enforceability.This Agreement shall be binding upon the Optionee and his estate,
assignee, transferee, personal representative and beneficiaries.

13.Governing Law; Severability.This Agreement shall be construed, interpreted and
enforced in accordance with the laws of the State of Illinois. If any one provision of this Agreement shall be determined invalid or unenforceable, such determination shall have no effect on the
remaining provisions.

14.Withholding.The Company shall have the right to require, prior to the issuance or
delivery of any Shares hereunder, payment by the Optionee of any federal, state or local income taxes required by law to be withheld upon the exercise of all or any part of the Option. The Company
may, in its discretion and subject to such rules as it may adopt as are necessary to prevent the withholding from being subject to Section 16(b) of the Exchange Act, permit the Optionee to
satisfy any tax withholding obligation associated with the exercise of the Option, in whole or in part, by electing to have the Company withhold from the Shares otherwise deliverable as a result of
such exercise Shares having a value (based on their fair market value on the date of delivery) equal to the amount required to be withheld.

15.No Employment Rights.Nothing contained herein shall confer upon the Optionee any
right to continue in the employ of the Company or any of it subsidiaries, or to interfere with or limit the right of the Company or of such subsidiary to terminate the Optionee's employment at any
time.

16.Shareholders Rights.The Optionee or other person or entity exercising the Option
shall have no rights as a shareholder of record of the Company with respect to Shares issuable upon the exercise of the Option until such Shares have been issued.

17.Entire Agreement.This Agreement contains the entire understanding of the Company
and the Optionee with respect to the terms of the Option granted hereunder, and shall not be modified or amended on or after the Grant Date, except in writing, signed by both parties. A waiver by
either party under this Agreement shall not be deemed to be a waiver of any later default.

18.Notices.All notices under this Agreement shall be in writing and shall be deemed to
have been made when delivered or mailed by registered, or certified mail, or by a nationally recognized overnight delivery service, postage or charges prepaid. All notices to the Company shall be sent
to:

| |  | APAC Customer Services, Inc.
Six Parkway North Center
First Floor
Deerfield, IL 60015
Attn: General Counsel
| |  | -----------------------------------------------------------------------------------------------------------

All
notices to the Optionee shall be sent to the Optionee's last known address on the Company's records, or such other address as the Optionee may furnish to the Company.

19.Acknowledgment of Agreement Protecting Company Interests.As additional
consideration for the Company granting the Option, the Optionee acknowledges that Optionee's rights herein are subject to the terms and conditions of the Optionee's Agreement Protecting Company
Interests (whether entered into previously or in connection with this Option grant).

*    *    *

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IN
WITNESS WHEREOF, the Company and the Optionee have caused this Agreement to be executed on the date first above written.

| |  | APAC Customer Services, Inc.          
| |  | --------------------------------------
| |  | By:                                   
| |  | Its:                                  
| |  | Optionee:                             
| |  |                                       
| |  | «First_Name» «Middle_Name» «Last_Name»

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