Exhibit 10.3

                             STOCK OPTION AGREEMENT

                            (1993 Stock Option Plan)


                  STOCK  OPTION  AGREEMENT,  dated  _________________,   between
PHELPS  DODGE  CORPORATION,  a New York  corporation  (the  "Corporation"),  and
____________________________ (the "Employee").

                  The Compensation and Management  Development  Committee of the
Board  of  Directors  of the  Corporation  (such  Committee,  and any  successor
committee  appointed by the Board of Directors of the  Corporation to administer
the Corporation's  1993 Stock Option and Restricted Stock Plan (the "Plan"),  is
hereinafter  referred to as the  "Committee") has granted to the Employee (a) an
option  under the Plan to  purchase  Common  Shares of the  Corporation  and (b)
limited stock appreciation rights on the terms set forth below.

                  To evidence the option and limited stock  appreciation  rights
so granted, and to set forth their terms and conditions as provided in the Plan,
the Corporation and the Employee hereby agree as follows:

                  1. Confirmation of Grant of Option and Rights; Option Price.

                  The Corporation hereby evidences and confirms its grant to the
Employee of (i) an option (the "Option") to purchase ______ of the Corporation's
Common  Shares at an option  price of $______ per share and (ii)  limited  stock
appreciation  rights  (the  "Rights")  appertaining  to  the  Option  which,  if
exercisable  pursuant to Section 2, shall enable the  Employee to elect,  in the
manner  described in Section 6 hereof,  to relinquish the Option with respect to
any or all of the Common  Shares as to which the Option is  exercisable  at such
time for a cash  payment from the  Corporation.  The amount of cash payable upon
the  exercise  of any Rights  shall be equal to the excess of (x) the product of
(A) the price  paid or  payable  for a Common  Share of the  Corporation  in the
transaction  described in Section 2(b) below (a "Transaction")  which causes the
Rights to become exercisable  multiplied by (B) the number of Common Shares with
respect  to which the  Employee  shall  have made  such  election,  over (y) the
purchase  price for that number of Common  Shares.  (In the event that the price
paid or payable with respect to such a Transaction is in a  consideration  other
than cash or in an amount not  readily  determinable  at such  time,  such price
shall be determined by the Committee).  The Option and the Rights granted hereby
shall be subject to the provisions of the Plan.

                  2. Term for Exercise.

                  (a)  The  Option  shall  become  exercisable,  subject  to the
provisions  of this Section 2 and Sections 3 and 4 hereof,  in  installments  of
__________  Common Shares on the first  anniversary  of the date of grant of the
Option,  _____________ Common Shares on the second anniversary and _____________
Common Shares on the third  anniversary.  Unless an earlier  expiration  date is
specified by this Agreement (or, if applicable, in Supplement A), the Option and
the Rights shall  expire at 5:00 P.M.,  Arizona  Mountain  time (such time shall
hereinafter be referred to as the "End of Business"), on the day after the tenth
anniversary  of the date on which  the  Option  was  granted  (the  "Termination
Date").

                  (b) Without  limiting the generality of the foregoing,  in the
event:

                  (i) the  Corporation's  stockholders  holding at least 50% (or
         such  greater  percentage  as may be  required  by the  Certificate  of
         Incorporation  or By-Laws of the  Corporation  or by law) of the voting
         stock of the  Corporation  approve any merger,  consolidation,  sale of
         assets, liquidation or reorganization in which the Corporation will not
         survive as a publicly  owned  corporation  (such  approval  hereinafter
         referred to as a "Merger Approval"); or

                  (ii) any of the  Corporation's  Common  Shares  are  purchased
         pursuant  to a tender  or  exchange  offer  other  than an offer by the
         Corporation,  any Subsidiary of the Corporation (as defined in the Plan
         and hereinafter referred to as a "Subsidiary"), or any employee benefit
         plan  maintained  by the  Corporation  or a Subsidiary  (such  purchase
         hereinafter referred to as a "Tender Purchase");

then the  Option  and the  Rights  shall  become  exercisable  during the period
beginning on the date of the Merger Approval or Tender Purchase, as the case may
be, and ending on the thirtieth  day following  such date (but in no event shall
the Option or the Rights become  exercisable  under this paragraph  earlier than
six months from the date on which the Option was granted (the "Grant Date")). If
any Rights or any portion of the Option  shall be  exercised,  the Rights or the
Option shall thereafter remain exercisable,  according to their terms, only with
respect to the number of Common Shares as to which the Rights or the Option,  as
the case may be, would otherwise be exercisable less the number of Common Shares
with respect to which the Rights and the Option have previously been exercised.

                  3. Who May Exercise.

                  During the  Employee's  lifetime the Option and the Rights may
be  exercised  only by him.  If the  Employee  dies  while in the  employ of the
Corporation or one of its  Subsidiaries,  the Option and, if  exercisable  under
Section 2, the  Rights may be  exercised  for the full  number of Common  Shares
specified in Section 1 hereof less the number of Common Shares for or respect to
which  the  Option  and  the  Rights  have  previously  been  exercised,  by the
Employee's estate, personal representative or beneficiary who acquired the right
to  exercise  the Option  and the  Rights by will or by the laws of descent  and
distribution,  at any time prior to the End of  Business  on the  earlier of the
Termination  Date or the  fifth  anniversary  of the  Employee's  death.  If the
Employee dies while he is no longer employed by the Corporation or a Subsidiary,
his Options and, if exercisable under Section 2, the Rights may be exercised for
the full number of Common Shares as to which he could have exercised them on the
date of his death,  by his estate,  personal  representative  or beneficiary who
acquired  the right to exercise the Option and the Rights by will or by the laws
of descent and distribution,  at any time prior to the termination date provided
by Section 4  thereof.  Following  the End of  Business  on the  earlier of such
Termination  Date,  the  fifth  anniversary  of  the  Employee's  death  or  the
termination  date  provided  by  Section  4, as the case may be,  the Option and
Rights shall expire.

                  4. Exercise after Termination of Employment.

                  If the Employee shall cease to be employed by the  Corporation
or a Subsidiary  other than by reason of death,  Disability (as defined  below),
Retirement (as defined in the Plan) or the Employee's  termination for Cause (as
defined  in the  Plan),  the  Option  shall  remain  exercisable,  to the extent
exercisable  on the date of such  termination,  until the End of Business on the
earlier of the Termination Date or the date which is one month after the day his
employment ends. If the Employee's  employment shall terminate due to Disability
or Retirement, the Option shall remain exercisable, to the extent exercisable on
the date of the Employee's termination of employment,  until the End of Business
on the earlier of the Termination  Date or the fifth  anniversary of the date of
such  termination  of  employment;  provided,  however,  that,  in the event the
Employee's  employment  with the  Corporation  terminates  not earlier  than six
months  from  the  Grant  Date  as a  result  of the  Employee's  Disability  or
Retirement,  immediately prior to the End of Business on the date the Employee's
employment  terminates the Option shall become  exercisable  for the purchase of
the full number of Common Shares  specified in Section 1 of the  Agreement  less
the number of Common Shares with respect to which the Option and the Rights have
previously  been exercised.  Disability  means the inability of a Participant to
perform  his duties for a period of at least 180 days due to mental or  physical
infirmity,  as  determined  pursuant  to  the  Corporation's  policies.  If  the
Employee's  employment  is  terminated  for Cause,  all  Options  granted to the
Employee which are then outstanding  shall be forfeited as of the effective time
of such  termination  but in no event  later  than the End of  Business  on such
termination  date.  Any  portion  of the  Option  or  the  Rights  which  is not
exercisable  on the date the  Employee's  employment  terminates  for any reason
other than death,  Disability,  Approved  Retirement  shall expire at the End of
Business  on such  termination  date.  Any  portion of the Option  which did not
expire  on the  date  the  Employee's  employment  terminates  and  which is not
exercised  within  the period  established  under  this  Section 4 shall  expire
following  the End of  Business  on the last day on which the Option  could have
been  exercised.  Following  termination  of the  Employee's  employment for any
reason (including  death),  the Rights (i) shall remain outstanding with respect
to that number of Common Shares as to which the Option is exercisable, (ii) will
become  exercisable  pursuant to Section 2 as to that number of Common Shares as
to which the Option is then exercisable if a Transaction occurs while the Option
remains  exercisable  and (iii)  shall  expire  at the same  time as the  Option
expires.

                  5. Restrictions on Exercise.

                  The Option and Rights may be  exercised  only with  respect to
full Common Shares.  No fractional  shares shall be issued.  The Option (and, if
applicable, the Rights) may not be exercised in whole or part:

                  (a) if any requisite  approval or consent of any  governmental
         authority of any kind having  jurisdiction over the exercise of options
         shall not have been secured; or

                  (b) unless the Common  Shares  subject to the Option  shall be
         effectively  listed on the New York Stock Exchange and registered under
         the Securities  Exchange Act of 1934, as amended (the "Exchange  Act"),
         which listing and  registration may be upon official notice of issuance
         of such Common Shares.

The  Corporation may require that, as a condition to any exercise of the Option,
the Employee  represent to the  Corporation  in writing that he is acquiring the
Common Shares subject to such exercise for his own account for  investment  only
and not with a view to the distribution thereof.

                  6. Manner of Exercise.

                  To the extent the Option and the Rights  shall be  exercisable
in  accordance  with  the  terms  hereof,  and  subject  to such  administrative
regulations as the Committee may have adopted:

                  (a) The Option may be  exercised in whole or from time to time
         in part by written notice to the Committee,  (i) identifying the Option
         by Grant  Date,  the  option  price and  whether  or not the  Agreement
         includes Supplement A, (ii) specifying the number of Common Shares with
         respect to which the Option is being exercised,  and (iii)  accompanied
         by full  payment  of the  option  price for such  Common  Shares (1) in
         United  States  dollars  by  personal  check  or  cash,   including  an
         assignment  of the right to receive cash proceeds of the sale of Common
         Shares subject to the Option,  (2) in Common Shares of the  Corporation
         owned by the  Employee  for at least three  months  prior to the day of
         exercise,  represented by certificates duly endorsed to the Corporation
         or its nominee with any  requisite  transfer tax stamps  attached,  the
         market value of which shall be equal to the option price for the Common
         Shares with respect to which the Option is being exercised, or (3) in a
         combination of (1) and (2) above. The market value of any Common Shares
         delivered  pursuant to the immediately  preceding sentence shall be the
         mean  of  the  high  and  low  prices  of  such  Common  Shares  on the
         Consolidated  Trading  Tape on the day of exercise  or, if there was no
         such sale on such day, on the day next preceding the day of exercise on
         which there was a sale.

                  (b) Rights may be exercised when  exercisable  under Section 2
         in whole or in part by written notice to the Committee, (i) identifying
         the Rights by Grant  Date and option  price,  and (ii)  specifying  the
         number of Common  Shares  with  respect to which such  Rights are being
         exercised.

                  For valuation  purposes,  the day of exercise of the Option or
the  Rights  shall be deemed  to be the day on which  notice,  addressed  to the
Committee,  either to exercise  the Option in whole or in part by the payment of
Common Shares  (together with duly endorsed  certificates  as provided above and
any other  required  payment)  or to  exercise  the  Rights is  received  at the
Corporation's  principal  office,  except  that if such  notice  (together  with
certificates  and other payment if required) is received on a Saturday or Sunday
or on a holiday observed by the Corporation's principal office, or after the End
of Business on any other day, the day of exercise shall be deemed to be the next
business day.  "Written  notice" shall include,  without  limitation,  notice by
telegram, telex, cable or telecopy facsimile.

                  In the event that the Option or the Rights  shall be exercised
by a person other than the Employee in accordance with the provisions of Section
3 hereof,  such person shall furnish the Corporation with evidence  satisfactory
to it of his or her right to exercise the same and of payment or  provision  for
payment of any estate, transfer, inheritance or death taxes payable with respect
to the Option or the  Rights or with  respect to any  related  Common  Shares or
payment. The Corporation may require the Employee or other person exercising the
Option or the Rights to furnish or execute  such  documents  as the  Corporation
shall  deem   necessary  to  evidence  such  exercise,   to  determine   whether
registration  is then required under the Securities Act of 1933, as amended,  or
to comply with or satisfy the  requirements  of the  Exchange  Act, or any other
law.

                  7. Nonassignability.

                  Unless  the  Committee   shall   otherwise  so  specify  by  a
supplement to this Agreement  approved in connection with the award hereof or at
any  subsequent  time,  neither  the Option nor the  Rights  are  assignable  or
transferable  except by will or by the laws of descent and  distribution  to the
extent contemplated by Section 3 hereof. At the request of the Employee,  Common
Shares  purchased on exercise of the Option may be issued or  transferred in the
name of the Employee and another person jointly with the right of survivorship.

                  8. Rights as Stockholder.

                  The  Employee  shall  have no  rights  as a  stockholder  with
respect to any Common  Shares  covered by the  Option  until the  issuance  of a
certificate or certificates to him for such Common Shares.  No adjustment  shall
be made for  dividends or other rights for which the record date is prior to the
issuance of such certificate or certificates.

                  9. Capital Adjustments.

                  The  number  and price of the  Common  Shares  covered  by the
Option shall be  proportionately  adjusted to reflect,  as deemed  equitable and
appropriate  by  the  Committee,  any  stock  dividend,  stock  split  or  share
combination  of, or  extraordinary  cash dividend on, the  Corporation's  Common
Shares  or  any  recapitalization  of the  Corporation.  To  the  extent  deemed
equitable and  appropriate by the Committee,  subject to any required  action by
the   stockholders   of  the   Corporation,   in  any   merger,   consolidation,
reorganization,  liquidation,  dissolution,  or other similar  transaction,  the
Option shall  pertain to the  securities  and other  property,  if any,  which a
holder of the number of Common  Shares  covered  by the  Option  would have been
entitled to receive in connection with such event.

                  10. Withholding.

                  (a) The Corporation's obligation to deliver Common Shares upon
         the  exercise of the Option shall be subject to payment by the Employee
         of any amount  required to be withheld  with  respect to such  exercise
         pursuant  to any  applicable  federal,  state or local tax  withholding
         requirements.  The Corporation  shall withhold from any cash payable in
         connection  with the  exercise of any Rights any amount  required to be
         withheld  pursuant  to any  applicable  federal,  state  or  local  tax
         withholding  requirement  (including,  without  limitation,  FICA). 

                  (b) Unless this Agreement includes  Supplement A (making it an
         incentive  stock option),  the Employee may elect to satisfy all or any
         part of his  federal,  state  and  local  tax  obligations  (including,
         without  limitation,  FICA) with respect to such exercise by having the
         Corporation  withhold from any Common Shares  otherwise  deliverable to
         him in  connection  with the  exercise of the Option a number of Common
         Shares,  or by delivering  Common Shares already owned by the Employee,
         having a market  value  equal in  amount  to the  obligations  to be so
         satisfied.  The market  value of Common  Shares  withheld or  delivered
         shall be the mean of the high and low prices of such  Common  Shares on
         the  Consolidated  Trading Tape on the day of exercise or, if there was
         no such sale on such day, on the next  preceding day on which there was
         a sale.

                  11. Governing Law.

                  This  Agreement  shall be construed and enforced in accordance
with, and governed by, the laws of the State of New York.

                  12. Supplements.

                  Attached hereto are the following supplements:

                          [Supplement A -- Incentive Stock Option]
                           Supplement B -- Change of Control
                           Supplement D -- Reload Option

Any such supplements so attached are  incorporated  herein and constitute a part
of this Agreement as though set forth in full herein. Additional supplements may
be added to this  Agreement at a later date by the Committee;  provided  however
that if any such  additional  supplement  adversely  affects  the  rights of the
Employee under this Agreement,  such supplement shall not be or become effective
unless  and  until  the  Employee  consents  to its  addition  in  writing.  All
capitalized  terms used in such  supplements  without  definition shall have the
meaning determined under this Agreement.

                  IN WITNESS WHEREOF, the Corporation and the Employee have duly
executed this Agreement as of the date set forth above.


                                                   PHELPS DODGE CORPORATION

                                                   By___________________________
                                                          Vice President


                                                   _____________________________
                                                             Employee

                                                                    Supplement A
                                                      [Incentive Stock Option --
                                                         1993 Stock Option Plan]

                  Supplement A to the Stock Option  Agreement (the  "Agreement")
dated  __________________  between Phelps Dodge Corporation (the  "Corporation")
and ___________________ (the "Employee").

                  1. Term of the  Option.  Each  incentive  stock  option  shall
expire on the tenth anniversary of the date of its grant.

                  2.  Disposition  of Shares.  If the  Employee  disposes of any
Common  Shares  received  upon exercise of the Option within two years after the
Option  was  granted to him or within  one year  after the  Common  Shares  were
transferred  to him upon  exercise  of the  Option,  whether by sale,  gift,  or
otherwise,  the Employee  shall notify the Secretary of the  Corporation  of the
number of such Common  Shares  disposed  of, the date on which  disposed of, the
manner of disposition and the amount,  if any,  realized upon such  disposition,
and  shall  promptly  pay to the  Corporation  the  amount,  if  any,  that  the
Corporation  specifies  in a written  notice to the  Employee  as required to be
withheld  with  respect  to  such  exercise  and  disposition  pursuant  to  any
applicable federal, state or local tax withholding requirements.

                  3.  Interpretation of Agreement.  The Option is intended to be
an  incentive  stock  option  within the meaning of Section 422 of the  Internal
Revenue Code of 1986, as amended.

                                                                    Supplement B
                                                           [Change of Control --
                                                         1993 Stock Option Plan]

                  Supplement B to the Stock Option  Agreement (the  "Agreement")
dated    _____________________,    between   Phelps   Dodge   Corporation   (the
"Corporation") and __________________ (the "Employee").

                  1. Additional Trigger Event For Exercisability. In addition to
the  provisions  of  Section 2 of the  Agreement,  in the  event the  Employee's
employment  with the  Corporation  or any  Subsidiary  terminates by reason of a
Qualifying  Termination  (as defined below) not earlier than six months from the
date on which the Option  was  granted  and  within two years  after a Change of
Control  (as  defined  below)  of  the  Corporation,  the  Option  shall  become
exercisable, no later than the date of such termination, for the purchase of the
full number of Common Shares specified in Section 1 of the Agreement.

                  For the purpose of this Supplement:

                  (a) A "Change of Control"  shall be deemed to have taken place
         at the time

                  (i)      when any  "person"  or "group"  of  persons  (as such
                           terms are used in Section 13 and 14 of the Securities
                           Exchange  Act of  1934,  as  amended  (the  "Exchange
                           Act")),  other than the  Corporation  or any employee
                           benefit plan  sponsored by the  Corporation,  becomes
                           the  "beneficial  owner"  (as  such  term  is used in
                           Section 13 of the Exchange Act) of 25% or more of the
                           total number of the  Corporation's  Common  Shares at
                           the time outstanding; 

                  (ii)     of any Merger Approval (as defined in the Agreement);
                           or

                  (iii)    when,  as the  result  of a  tender  offer,  exchange
                           offer,  merger,  consolidation,  sale  of  assets  or
                           contested   election  or  any   combination   of  the
                           foregoing   transactions,   the   persons   who  were
                           directors of the Corporation  immediately before such
                           transaction  shall cease to  constitute a majority of
                           the Board of Directors of the  Corporation  or of any
                           successor to the Corporation.

                  (b) A  "Qualifying  Termination"  means a  termination  of the
         Employee's  employment  with the  Corporation or any Subsidiary  (under
         circumstances   where  the  Employee  is  no  longer  employed  by  the
         Corporation or any Subsidiary) for any reason other than

                  (i)      death;

                  (ii)     disability;

                  (iii)    willful   misconduct  in  the   performance   of  the
                           Employee's  duties as an employee  which results in a
                           material adverse effect on the Corporation's business
                           or reputation;

                  (iv)     Retirement; or

                  (v)      a termination by the Employee unless

                           (1)      such  termination  occurs more than 180 days
                                    following  the time when a Change of Control
                                    takes  place and such  Change of Control has
                                    not been approved by a resolution adopted by
                                    the Board of Directors of the Corporation as
                                    constituted immediately prior to such Change
                                    of Control or

                           (2)      the Employee  terminates  his employment for
                                    one or more of the  following  reasons  (and
                                    the  Employee  has  not  agreed  thereto  in
                                    writing):

                                    (x)  the  assignment  to the Employee of any
                                         duties    inconsistent,    in   a   way
                                         significantly  adverse to the Employee,
                                         with     his     positions,     duties,
                                         responsibilities  and  status  with the
                                         Corporation   and   its    Subsidiaries
                                         immediately  prior  to such  Change  of
                                         Control, or a significant  reduction in
                                         the duties and responsibilities held by
                                         the Employee  immediately prior to such
                                         Change  of  Control;  a  change  in the
                                         Employee's reporting  responsibilities,
                                         titles   or   offices   as  in   effect
                                         immediately  prior  to such  Change  of
                                         Control; or any removal of the Employee
                                         from or any  failure  to  re-elect  the
                                         Employee  to  any  position   with  the
                                         Corporation or any Subsidiary  that the
                                         Employee held immediately prior to such
                                         Change of Control  except in connection
                                         with the  Employee's  promotion  or the
                                         termination  of his  employment for any
                                         of the reasons  specified in paragraphs
                                         (i) through (iv) above; or
                           
                                    (y)  a reduction by the  Corporation  in the
                                         Employee's  base  salary  as in  effect
                                         immediately  prior  to such  Change  of
                                         Control; the failure by the Corporation
                                         to  continue  in  effect  any  employee
                                         benefit  plan or  compensation  plan in
                                         which  the  Employee  is  participating
                                         immediately  prior  to such  Change  of
                                         Control    unless   the   Employee   is
                                         permitted to participate in other plans
                                         providing   him   with    substantially
                                         comparable  benefits;  or the taking of
                                         any  action  by the  Corporation  which
                                         would  adversely  affect the Employee's
                                         participation  in or materially  reduce
                                         his benefits under such plan; or

                                    (z)  the    Corporation's    requiring   the
                                         Employee  to be  based  anywhere  other
                                         than his location  immediately prior to
                                         such   Change   of   Control;   or  the
                                         Corporation's requiring the Employee to
                                         travel on the Corporation's business to
                                         an extent substantially more burdensome
                                         than his travel obligations immediately
                                         prior to such Change of Control.

                                                                    Supplement D
                                                    [Reload Option -- 1993 Plan]

                  Supplement D to the Stock Option  Agreement (the  "Agreement")
dated  ___________________  between Phelps Dodge Corporation (the "Corporation")
and ____________________ (the "Employee").

                  1. Issuance of Reload  Option.  In the event that the Employee
exercises  this Option (a) at least six months prior to the  expiration  date of
this Option,  (b) while still employed by the  Corporation or a Subsidiary,  (c)
prior to the  expiration  date of the Plan using,  in whole or in part,  and (d)
prior to any  determination  by the  Committee  to  terminate  the  right of the
Employee  (including,  without  limitation,  by terminating  such rights for all
employees or all employees of a class of employees  which includes the Employee)
to receive upon the exercise of this Option an  additional  Option in accordance
with the terms of this  Supplement,  using,  in whole or in part,  Common Shares
owned by the  Employee  for at least three  months  prior to the day of exercise
(the "Exercise  Date"),  the Employee shall be granted a new option (the "Reload
Option")  under the Plan on the Exercise Date for the number of Common Shares of
the Corporation  equal to the number of Common Shares  exchanged by the Employee
to exercise this Option.  No Reload Option shall be granted if the Exercise Date
is (a) within six months of the expiration  date of the Option,  (b) a date when
the Employee is not employed by the  Corporation or a Subsidiary,  (c) after the
expiration date of the Plan or (d) after the date, if any, the Committee decides
to  terminate  the right of the  Employee  (including,  without  limitation,  by
terminating  such  rights as to all  employees  or all  employees  of a class of
employees  which  includes  the  Employee)  to receive upon the exercise of this
Option an additional Option in accordance with the terms of this Supplement.

                  2.  Terms  of  Reload  Option.  The  Reload  Option  shall  be
exercisable on the same terms and conditions as apply to the Option as set forth
in this  Agreement  (including,  without  limitation,  the terms and  conditions
providing to the Employee certain  additional  benefits in the event of a Change
of  Control,  as defined in  Supplement  B hereto),  except  that (a) the Reload
Option shall become exercisable in full on the day which is six months after the
Exercise  Date, (b) the option price per share shall be the fair market value of
a Common Share on the Exercise Date, which shall be the mean of the high and low
prices of a Common Share on the Consolidated Trading Tape on that day, or, if no
sale of Common  Shares is  recorded  on such tape on that day,  then on the next
preceding day on which there was such a sale and (c) the expiration  date of the
Reload  Option  shall  be the  date  of  expiration  of the  Option  under  this
Agreement.  The  Corporation  may issue a new  agreement  to evidence the Reload
Option and, if it does,  that  agreement  shall  supersede this Agreement in all
respects insofar as the Reload Option is concerned.