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                                                                   Exhibit 99.10

                                                                    ANNUAL GRANT


                             THE CERPLEX GROUP, INC.
                    NOTICE OF GRANT OF NON-EMPLOYEE DIRECTOR
                             AUTOMATIC STOCK OPTION

                  Notice is hereby given of the following option grant (the
"Option") to purchase shares of the Common Stock of The Cerplex Group, Inc. (the
"Corporation"):

                  Optionee:_____________________________________________________

                  Grant Date:___________________________________________________

                  Exercise Price:  $__________________________  per share

                  Number of Option Shares: 10,000 shares

                  Expiration Date:______________________________________________

                  Type of Option:   Non-Statutory Stock Option

                  Date Exercisable: Immediately Exercisable

                  Vesting Schedule: The Option Shares shall be unvested and
                  subject to repurchase by the Corporation at the Exercise Price
                  paid per share. Optionee shall acquire a vested interest in,
                  and the Corporation's repurchase right will accordingly lapse
                  with respect to the Option Shares in forty-eight (48) equal
                  successive monthly installments upon Optionee's completion of
                  each month of service as a member of the Corporation's Board
                  of Directors (the "Board") measured from the Grant Date. In no
                  event shall any additional Option Shares vest after Optionee's
                  cessation of Board service.

                  Optionee understands and agrees that the Option is granted
subject to and in accordance with the terms of the automatic option grant
program under the Cerplex Group, Inc. Restated 1993 Stock Option Plan (the
"Plan"). Optionee further agrees to be bound by the terms of the Plan and the
terms of the Option as set forth in the Automatic Stock Option Agreement
attached hereto as Exhibit A.


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                  Optionee hereby acknowledges receipt of a copy of the official
prospectus for the Plan in the form attached hereto as Exhibit B. A copy of the
Plan is available upon request made to the Corporate Secretary at the
Corporation's principal offices.

                  REPURCHASE RIGHT. OPTIONEE HEREBY AGREES THAT ALL OPTION
SHARES ACQUIRED UPON THE EXERCISE OF THE OPTION SHALL BE SUBJECT TO A REPURCHASE
RIGHT EXERCISABLE BY THE CORPORATION AND ITS ASSIGNS. THE TERMS OF SUCH RIGHT
SHALL BE SPECIFIED IN A STOCK PURCHASE AGREEMENT, IN FORM AND SUBSTANCE
SATISFACTORY TO THE CORPORATION, EXECUTED BY OPTIONEE AT THE TIME OF THE OPTION
EXERCISE.

                  No Employment or Service Contract. Nothing in this Notice or
in the Plan shall confer upon Optionee any right to continue in service as a
Board member for any period of specific duration or interfere with or otherwise
restrict in any way the rights of the Corporation (or any Parent or Subsidiary
retaining Optionee) and the Corporation's stockholders or of Optionee, which
rights are hereby expressly reserved by each, to terminate Optionee's service as
a Board member at any time for any reason, with or without cause in accordance
with the provisions of applicable law.

                  Definitions. All capitalized terms in this Notice shall have
the meaning assigned to them in this Notice or in the attached Automatic Stock
Option Agreement.

_______________, 199__
     Date

                                           THE CERPLEX GROUP, INC.


                                           By:__________________________________

                                           Title:_______________________________



                                           OPTIONEE

                                           Address:_____________________________

                                           _____________________________________

ATTACHMENTS
Exhibit A - Automatic Stock Option Agreement
Exhibit B - Plan Summary and Prospectus


                                       2.

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                                    EXHIBIT A

                        AUTOMATIC STOCK OPTION AGREEMENT


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                                    EXHIBIT B

                           PLAN SUMMARY AND PROSPECTUS