Exhibit
        4.29

      


      This
        document constitutes part of a prospectus covering securities that have been
        registered under the Securities Act of 1933.

      


      Nonqualified
        Stock Option Contract

      


      THIS
        NONQUALIFIED STOCK OPTION CONTRACT
        is
        entered into effective as of the 14 day of February, 2008, by and between
        INTER
        PARFUMS, INC.,
        a
        Delaware corporation (the “Company”) and _____ (“Option Holder”).

      


      W
        I T N E S S E T H:

      


      1. The
        Company, in accordance with the resolutions adopted by the Executive
        Compensation and Stock Option Committee of the Board of Directors of the
        Company
        (the “Committee”) effective on the 14th
        day of
        February 2008, and the terms and subject to the conditions of the Company’s 2004
        Stock Option Plan as amended by the Committee pursuant to the French Stock
        Option Subplan Addendum dated 14 February 2008 (the “Addendum”) (the 2004 Stock
        Option Plan and the Addendum are sometimes collectively referred to as the
“2004
        Plan”), hereby grants to the Option Holder as of the date set forth above, a
        nonqualified stock option to purchase an aggregate of ______ shares
        (the “Shares”) of the common stock, $.001 par value per share, of the Company
        (the “Common Stock”), at the exercise price of U.S.$16.945 per share.


      


      2. Subject
        to earlier termination as provided in the 2004 Plan, the term of this option
        shall be for a period of six (6) years from the date hereof, until 13 February
        2014; provided
        that,
        this
        option shall not vest or become exercisable to purchase shares of Common
        Stock
        until 14 February 2012, at which time 100% of this option shall vest and
        become
        exercisable to purchase shares of Common Stock. 

      


      3. (a) Subject
        to the provisions contained in Section 2 hereof, this option may be exercised,
        between 14 February 2012 and 13 February 2014, from time to time in whole
        or in
        part prior to the end of the term of the option (but not with respect to
        less
        than 50 Shares (unless less than 50 Shares remain to be purchased, then such
        amount remaining), or fractional Shares), by giving written notice to Inter
        Parfums SA (4 rond-point des Champs Elysées - 75008 Paris - France, att. Chief
        Financial Officer ) which will forward such notice to the Company at its
        principal office, presently 551 Fifth Avenue, New York, New York 10176, stating
        that the Option Holder is exercising this option, specifying the number of
        Shares purchased and accompanied by payment in full of the aggregate purchase
        price therefor (i) in cash or certified check or (ii) with previously acquired
        shares of Common Stock or a combination of the foregoing if permitted in
        the
        sole discretion of the Committee. 

      


      (b) The
        Option Holder understands that he will be subject to the French Tax laws
        and he
        shall have to pay to the French Tax Authorities and French Social Security
        Authorities any taxes incurred by reason of exercise of his options rights.
        In
        addition, upon the exercise of this option, the Company may withhold cash
        and/or
        Shares to be issued with respect thereto, having an aggregate fair market
        value
        equal to the amount which it determines is necessary to satisfy taxes incurred
        by reason of such exercise. Alternatively, the Company may require the holder
        to
        pay to the Company such amount, in cash, promptly upon demand. The Company
        shall
        not be required to issue any Shares pursuant to this option until all required
        payments have been made.

      


      4. This
        option is not transferable otherwise than by will or the laws of descent
        and
        distribution and may be exercised, during the lifetime of the Option Holder,
        only by the Option Holder or his legal representatives.

      


      5. Nothing
        in the 2004 Plan or herein shall confer upon the Option Holder any right
        to
        continue in the employ of, or be associated with, the Company, its Parent
        or any
        of its Subsidiaries, or interfere in any way with the right to employment
        or
        association of the Option Holder with the Company, its Parent or any of its
        Subsidiaries.

      


      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      6. The
        Option Holder understands that the Shares have been registered for issuance
        to
        and resale by the Option Holder in Registration Statement No. 333-136988
        under
        the United States Securities Act of 1933, as amended (the “Act”). Resale to the
        public by the Option Holder is to be made under Rule 144 under the Act in
        accordance with the procedure for resale of “affiliate shares” in the absence of
        a subsequent effective registration statement for the resale of the Shares.
        Notwithstanding registration under the Act, the Option Holder understands
        that
        in accordance with the provisions of the Company’s Code of Business Conduct, (i)
        the Option Holder must obtain permission from the Company’s Chief Financial
        Officer prior to any sale of the Shares; and (ii) the
        use
        of material non-public information in connection with the sale of the Company’s
        shares (“Insider Trading”) or the communication of such information to others
        who use it in trading the Company’s shares (“Tipping”) is strictly
        prohibited.

      


      7. (a) The
        Option Holder understands that the Company maintains its internet website
        at
        www.interparfumsinc.com which is linked to the United States Securities and
        Exchange Commission (“SEC”) Edgar database. The Option Holder can obtain through
        the Company’s website, free of charge, its annual reports on Form 10-K,
        quarterly reports on Form 10-Q, current reports on Form 8-K, and amendments
        to
        those reports filed or furnished pursuant to Section 13(a) or 15(d) of the
        Exchange as soon as reasonably practicable after the Company has electronically
        filed with or furnished them to the SEC. 

      


      (b) In
        addition, the Company will cause to be delivered to the Option Holder, upon
        request to the Company directed to either the Chief Financial Officer or
        the
        Controller, without charge to the Option Holder, a copy of the documents
        incorporated by reference into the Registration Statement, other than exhibits
        (unless such exhibits are specifically incorporated by reference into the
        Registration Statement). 

      


      (c) The
        Option Holder understands that effectiveness of the French Stock Option Subplan
        Addendum dated 14 February 2008 is made subject to the approval of the
        shareholders of the Company at the next meeting of shareholders, which is
        scheduled for July or August 2008.

      


      8. Notwithstanding
        anything to the contrary, if at any time the Chief Executive Officer, Board
        of
        Directors of the Company or the Committee shall determine it its discretion
        that
        the listing or qualification of the Shares on any securities exchange, with
        national securities association or under any applicable law, or the consent
        or
        approval of any governmental regulatory body, is necessary or desirable as
        a
        condition of, or in connection with, the granting of an option, or the issue
        of
        Shares thereunder, or the sale of the Shares, then this option may not be
        exercised in whole or in part unless such listing, qualification, consent
        or
        approval shall have been effected or obtained free of any conditions not
        acceptable to the Chief Executive Officer, Board of Directors or the
        Committee.

      


      9. (a) The
        Company and the Option Holder further agree that they will both be subject
        to
        and bound by all of the terms and conditions of the 2004 Plan, which is
        incorporated by reference herein and made a part hereof as if fully set forth
        herein. 

      


      (b) In
        the
        event the Option Holder's employment by, or association with, the Company,
        its
        Parent or any of its Subsidiaries terminates 

      


      (i) as
        a
        result of serious misconduct (which shall be determined in the sole and absolute
        discretion of the Committee), then this option shall immediately terminate;
        or


      


      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

         

      

      (ii) by
        reason
        of retirement, resignation, or dismissal for other than serious misconduct,
        then
        under Section 9.2 of the Addendum, the
        Committee shall have the authority, in its sole discretion, to determine
        whether
        and under what conditions options granted under the
        Addendum will terminate upon the Option Holder leaving the Company and to
        waive
        any such condition;
        or

      


      (iii) in
        the
        event of the death or disability of the Option Holder, then the rights hereunder
        shall be governed by, and made subject to, the provisions of the 2004 Plan.
        

      


      (c) In
        the
        event of a conflict between the terms of this Contract and the terms of the
        2004
        Plan, then in such event, the terms of 2004 Plan shall govern. 

      


      (d) Except
        as
        otherwise provided herein, all capitalized terms used herein shall have the
        same
        meaning ascribed to them in the 2004 Plan.

      


      (e) The
        Option Holder agrees that the Company may amend the 2004 Plan and the options
        granted to the Option Holder under the 2004 Plan, subject to the limitations
        contained in the 2004 Plan.

      


      10. This
        Contract shall be binding upon and inure to the benefit of any successor
        or
        assign of the Company and to any executor, administrator or legal representative
        entitled by law to the Option Holder's right hereunder.

      


      11. This
        Contract shall be governed by and construed in accordance with the laws of
        the
        State of New York, without regard to the principles of conflicts of
        laws.

      


      IN
        WITNESS WHEREOF,
        the
        parties hereto have entered into this Contract effective as of the date first
        above written.

       

      
        
          	
                  INTER
                    PARFUMS, INC.

                	 
	 	 
	
                  By:

                	 	 
	
                  Russell Greenberg, Executive Vice President

                	
                   

                


        

        
          	 	 
	 	 


        

         

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Schedule
        of French Executive Officers and Number of Shares Underlying
        Option

      


      
        	
                Last
                  Name

              	
                Number
                  of Shares

              
	 	 
	
                Philippe
                  Santi

              	
                8,500

              
	
                Frédéric
                  Garcia-Pelayo

              	
                8,500

              
	
                Hugues
                  De La Chevasnerie

              	
                5,000

              
	
                Axel
                  Marot

              	
                3,150