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BOWNE & CO., INC.Stock Option Agreementor has attained age [55 and five years of service] with the Company and its subsidiaries, excludinga termination by the Company or a subsidiary for cause (as determined by the Committee).If, prior to the Termination Date, Optionee shall cease to be employed by the Company or asubsidiary thereof by reason of a disability, the Option shall remain exercisable until theTermination Date or until the date one year after the date of cessation of employment, whicheveroccurs first, to the extent it was exercisable at the time of cessation of employment, whereuponthe Option shall terminate together with all of Optionee’s rights hereunder. In the event of thedeath of Optionee prior to the Termination Date while employed by the Company or any subsidiarythereof, or thereafter in the case of an Option exercisable after his cessation of employment, eachOption held by Optionee may be exercised at any time or from time to time until the earliest of (i)the Termination Date, (ii), if Optionee had previously Retired or could have Retired at the time hedied while still employed, until the date three years after the date of his death, or (iii), ifOptionee had not previously Retired and could not have Retired at the time of his death while stillemployed, one year after the date of his death (the effect of this provision is to extend someOptions which otherwise would have terminated three months after Optionee’s date of cessation ofemployment). Such option shall be exercisable during the applicable periods, by the person orpersons to whom Optionee’s rights under each Option shall pass by will or by the applicable laws ofdescent and distribution or pursuant to a valid designation of beneficiary filed by Optionee withthe Committee, but such Option shall be exercisable only to the extent, if any, that Optionee wasentitled to exercise it on the date of his death. At the end of such exercisability period, suchOption shall terminate together with all of the rights of the person entitled to exercise ithereunder.*Note: Although the Option terms permit it to be exercised more than three months after death orRetirement and more than one year after termination due to disability (in case of death followingsuch disability), exercise of the Option in those circumstances will disqualify it as an incentivestock option. In such case, the Option will constitute a non-qualified stock option for federalincome tax purposes.**How to Exercise Option*. Subject to the provisions of the Plan, this Option may be exercised bywritten notice to the Company stating the number of shares with respect to which it is beingexercised and (i) accompanied by payment of the Option Price by certified or bank cashier’s checkpayable to the order of the Company in New York Clearing House funds, or (ii) if acceptable to theCommittee, by surrender or delivery to the Company of shares of its Stock with a fair market value(as defined in the Plan) equal to or less than the Option Price or through a written election ofOptionee to have shares of Stock with fair market value (as defined in the Plan) equal to or lessthan the Option Price withheld from the shares Optionee would otherwise receive, plus delivery of acertified or bank cashier’s check for any difference. As soon as practicable after receipt of suchnotice and payment, the Company shall, without transfer or issue tax or other incidental expense toOptionee, deliver to Optionee at the offices of the Company or such other place as may be mutuallyacceptable or, at the election of the Company, by first-class insured mail addressed to Optionee athis or her address shown in the employment records of the Company or at the location at whichOptionee is employed by the Company or a
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BOWNE & CO., INC.Stock Option Agreementsubsidiary, a certificate or certificates for previously unissued shares or reacquired shares ofits Stock, as the Company may elect.*Legal Compliance.*The Company may postpone the time of delivery of certificates of its Stock forsuch additional time as the Company shall deem necessary or desirable to enable it to comply withthe registration requirements of the Securities Act of 1933 or the Securities Exchange Act of 1934or any Rules or Regulations of the Securities and Exchange Commission promulgated thereunder or therequirements of other applicable laws, including state laws relating to authorization, issuance orsale of securities.If Optionee fails to accept delivery of the shares of Stock of the Company upon tender of deliverythereof, his or her right to exercise this Option with respect to such undelivered shares may beterminated.*Optionee to Notify Company of Disposition of Shares.*Optionee agrees to notify the Company inwriting, within 30 days, of any disposition (whether by sale, exchange, gift or otherwise) ofshares of Stock acquired by Optionee pursuant to the exercise of this Option, which occurs withintwo years from the date of the granting of this Option or within one year of the transfer of suchshares to Optionee; provided, however, that this notice obligation will not apply to any portion ofthe Option that, at the time of exercise, is a non-qualified stock option and not an incentivestock option.IN WITNESS WHEREOF, BOWNE & CO., INC. has caused this Agreement to be executed by an officer of theCompany thereunto duly authorized and Optionee has executed this Agreement, as of                                                            .       BOWNE & CO., INC.         By:              SVP, Human Resources    OPTIONEE:              David Shea  
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