Document:

Forms of Stock Option Agreement

 Exhibit 10.3 
 [Date] 
 To: «Full_Legal_Name» 
 We are pleased to notify you that you have been granted the following stock options (the “Options”) under the Rockwell Automation, Inc. 2008 Long-Term Incentives Plan (the
“Plan”): 
  

							
	 Date of Grant
	 	 Type of Grant
	 	 Number of Shares
	 	 Option Price

		 	ISO	 		 	$
		 	NQ	 		 	$

 The Options are granted under and may be exercised only upon the terms and conditions of this
Stock Option Agreement, subject in all respects to the provisions of the Plan, as it may be amended. The enclosed Stock Option Terms and Conditions are incorporated in and are part of this Stock Option Agreement. Other terms and conditions are
substantially the same as any options previously granted. 
 All option holders must activate an account with our stock option administrator,
Charles Schwab, in order to exercise their stock options. There is no cost to open or maintain this account. If you already have a Schwab account, you need not open another. Please note that if you fail to activate an account with Schwab, you will
experience unnecessary delays in the exercise of your options. If you have questions regarding your account, please call Charles Schwab’s Customer Service Center at (877) 804-3529. You can also find account information at
http://scs.schwab.com/rockwell. 
 In partial consideration for the grant of the Options to you, you undertake and agree by your
acceptance of this Stock Option Agreement that 
  

	 	 (a)
	 during your employment with the Corporation or a Subsidiary (as such terms are defined in the Plan) and for two years after the date of your retirement or other
termination of such employment, you shall not (i) directly or indirectly, except with the approval of the Corporation, engage or otherwise participate in any business that is competitive with any significant line of business of the Corporation
or any of its Subsidiaries (otherwise than through ownership of not more than 5% of the voting securities of any such competitive business); or (ii) solicit or induce, or cause any other person or entity to solicit, any employee of the
Corporation or any of its Subsidiaries to leave his or her employment with the Corporation or any of its Subsidiaries to accept employment or other engagement with any other person or entity; and 

  

	 	 (b)
	 in the event that you breach this undertaking, in addition to any and all other remedies the Corporation may have, (i) the Corporation shall have the right
to determine by written notice to you that any of the Options then outstanding shall immediately lapse and cease to be exercisable; and (ii) you agree to pay the Corporation upon written demand the amount of the excess of the Fair Market Value
(as defined in the Plan) of any shares of Stock (as defined in the Plan) you acquired upon exercise of any of the Options (other than Options exercised more than two years before the date of your retirement or other termination of employment) over
the exercise price for such Stock. 

 If a Change of Control (as defined in the Plan) shall occur, however, the foregoing provisions
(a) and (b) shall immediately terminate as of, and shall not limit your activities after, the date of such Change of Control. 
 A
copy of the Plan and the Plan Prospectus are enclosed. Please carefully read the enclosed documents and retain them for future reference. 
 The Options will lapse and be of no effect if a copy of this Stock Option Agreement, properly signed by you, is not received by the Corporate Compensation Department at the following address on or before [date], unless Rockwell
Automation (in its sole discretion) elects in writing to extend that date: 
 Rockwell Automation, Inc. 
 Mail Stop: W-8S28 
 Corporate Compensation 
 1201 South Second Street 
 Milwaukee, WI 53204 
  

					
	 Agreed to:
	  	 ROCKWELL AUTOMATION, INC.

	 Date:
                                        

	  		 	
			
	  
	  	 By:
	 	  

	 Employee Signature
	  		 	 Douglas M. Hagerman

		  		 	 Senior Vice President,

	 Employee ID:
                                        

	  		 	 General Counsel and Secretary

 Enclosures 
  

 2 

 [Date] 
 To: «Full_Legal_Name» 
 We are pleased to notify you that you have been granted the following
stock options (the “Options”) under the Rockwell Automation, Inc. 2008 Long-Term Incentives Plan (the “Plan”): 
  

							
	 Date of Grant
	 	 Type of Grant
	 	 Number of Shares
	 	 Option Price

		 	NQ	 		 	$

 The Options are granted under and may be exercised only upon the terms and conditions of this
Stock Option Agreement, subject in all respects to the provisions of the Plan, as it may be amended. The enclosed Stock Option Terms and Conditions are incorporated in and are part of this Stock Option Agreement. Other terms and conditions are
substantially the same as any options previously granted. 
 All option holders must activate an account with our stock option administrator,
Charles Schwab, in order to exercise their stock options. There is no cost to open or maintain this account. If you already have a Schwab account, you need not open another. Please note that if you fail to activate an account with Schwab, you will
experience unnecessary delays in the exercise of your options. If you have not previously received options, instructions for opening a Schwab account on-line are provided. You can also find account information at
http://scs.schwab.com/rockwell. 
 In partial consideration for the grant of the Options to you, you undertake and agree by your
acceptance of this Stock Option Agreement that 
  

	 	 (c)
	 during your employment with the Corporation or a Subsidiary (as such terms are defined in the Plan) and for two years after the date of your retirement or other
termination of such employment, you shall not (i) directly or indirectly, except with the approval of the Corporation, engage or otherwise participate in any business that is competitive with any significant line of business of the Corporation
or any of its Subsidiaries (otherwise than through ownership of not more than 5% of the voting securities of any such competitive business); or (ii) solicit or induce, or cause any other person or entity to solicit, any employee of the
Corporation or any of its Subsidiaries to leave his or her employment with the Corporation or any of its Subsidiaries to accept employment or other engagement with any other person or entity; and 

  

	 	 (d)
	 in the event that you breach this undertaking, in addition to any and all other remedies the Corporation may have, (i) the Corporation shall have the right
to determine by written notice to you that any of the Options then outstanding shall immediately lapse and cease to be exercisable; and (ii) you agree to pay the Corporation upon written demand the amount of the excess of the Fair Market Value
(as defined in the Plan) of any shares of Stock (as defined in the Plan) you acquired upon exercise of any of the Options (other than Options exercised more than two years before the date of your retirement or other termination of employment) over
the exercise price for such Stock. 

  

 3 

 If a Change of Control (as defined in the Plan) shall occur, however, the foregoing provisions
(a) and (b) shall immediately terminate as of, and shall not limit your activities after, the date of such Change of Control. 
 A
copy of the Plan and the Plan Prospectus are provided. Please carefully read the enclosed documents and retain them for future reference. 
 The Options will lapse and be of no effect if a copy of this Stock Option Agreement, properly signed by you, is not received by the Corporate Compensation Department at the following address on or before [date], unless Rockwell
Automation (in its sole discretion) elects in writing to extend that date: 
 Rockwell Automation, Inc. 
 Mail Stop: W-8S28 
 Corporate Compensation 
 1201 South Second Street 
 Milwaukee, WI 53204 
  

					
	 Agreed to:
	  	 ROCKWELL AUTOMATION, INC.

	 Date:
                                        

	  		 	
			
	  
	  	 By:
	 	  

	 Employee Signature
	  		 	 Douglas M. Hagerman

		  		 	 Senior Vice President,

	 Employee ID:
                                        

	  		 	 General Counsel and Secretary

 Enclosures 
  

 4 

 ROCKWELL AUTOMATION, INC. 
 2008 LONG-TERM INCENTIVES PLAN 
 STOCK OPTION TERMS AND CONDITIONS

 [grant date] 
  

							
	 1.  
	 	 Definitions

		
		 	 As used in these Stock Option Terms and Conditions, the following words and phrases shall have the respective meanings ascribed to them below unless the
context in which any of them is used clearly indicates a contrary meaning:

			
		 	 (a)
	 	 Change of Control: Change of Control shall have the same meaning as such term has in the Plan.

			
		 	 (b)
	 	 Charles Schwab: Charles Schwab & Co., Inc., the stock option administrator whom Rockwell Automation has engaged to administer and process all
Option exercises.

			
		 	 (c)
	 	 Corporation: Rockwell Automation and its Subsidiaries (as such term is defined in the Plan).

			
		 	 (d)
	 	 Customer Service Center: Charles Schwab’s Customer Service Center that is used to facilitate Option transactions. Contact Charles Schwab at
(877) 804-3529.

			
		 	 (e)
	 	 Exercise Request and Attestation Form: The form attached as Exhibit 1 or any other form accepted by Charles Schwab in connection with the use of
already-owned shares to pay all or part of the exercise price for the Option Stock to be purchased on exercise of any of the Options.

			
		 	 (f)
	 	 Notice of Exercise Form: The form attached as Exhibit 2 or any other form accepted by the Secretary of Rockwell Automation in his sole discretion.

			
		 	 (g)
	 	 Options: The stock option or stock options listed in the first paragraph of the Stock Option Agreement dated [grant date] to which these Stock
Option Terms and Conditions are attached.

			
		 	 (h)
	 	 Option Stock: The Stock issuable or transferable on exercise of the Options.

			
		 	 (i)
	 	 Plan: Rockwell Automation’s 2008 Long-Term Incentives Plan, as such Plan may be amended and in effect at the relevant
time.

			
		 	 (j)
	 	 Rockwell Automation: Rockwell Automation, Inc., a Delaware corporation, and any successor thereto.

			
		 	 (k)
	 	 Stock: Stock shall have the same meaning as such term has in the Plan.

			
		 	 (l)
	 	 Stock Option Agreement: These Stock Option Terms and Conditions together with the Stock Option Agreement dated [grant date] to which they are
attached.

  

 5 

							
	 2.  
	 	 When Options May be Exercised

		
		 	 The Options may be exercised, in whole or in part (but only for a whole number of shares of Stock) and at one time or from time to time, as to one-third (rounded
to the nearest whole number) of the Option Stock granted as nonqualified stock options (NQs) and incentive stock options (ISOs) during the period beginning on [first anniversary of grant date] and ending on [tenth anniversary of grant date], as to
an additional one-third (rounded to the nearest whole number) of the Option Stock granted as NQs and ISOs during the period beginning on [second anniversary of grant date] and ending on [tenth anniversary of grant date], and as to the balance of the
Option Stock granted as NQs and ISOs during the period beginning on [third anniversary of grant date] and ending on [tenth anniversary of grant date], and only during those periods, provided that:

			
		 	 (a)
	 	 if you die while an Employee (as defined in the Plan), your estate, or any person who acquires the Options by bequest or inheritance, may exercise all the Options
not theretofore exercised within (and only within) the period beginning on your date of death (even if you die before you have become entitled to exercise all or any part of the Options) and ending three years thereafter; and

			
		 	 (b)
	 	 if your employment by the Corporation terminates other than by death, then:

				
		 		 	 (i)
	 	 if your retirement or other termination date is before [first anniversary of grant date], the Options shall lapse on your retirement or other termination and may not be
exercised at any time;

				
		 		 	 (ii)
	 	 if your employment by the Corporation is terminated for cause, as determined by the Committee (as defined in the Plan), the Options shall expire immediately upon notification
of your termination and may not be exercised thereafter;

				
		 		 	 (iii)
	 	 if your employment by the Corporation terminates on or after [first anniversary of grant date] by reason of your retirement under a retirement plan of Rockwell Automation, or
under a retirement plan of a subsidiary or affiliate of Rockwell Automation, and if you immediately begin either to receive pension payments under any such retirement plan or to receive retiree medical benefits, you (or if you die after your
retirement date, your estate or any person who acquires the Options by bequest or inheritance) may thereafter exercise the Options within (and only within) the period starting on the date you would otherwise have become entitled to exercise the part
of the Options so exercised and ending on the fifth anniversary of your retirement date; and

				
		 		 	 (iv)
	 	 if your employment by the Corporation terminates on or after [first anniversary of grant date] for any reason not specified in subparagraph (a) or in clauses (ii) or (iii) of
this subparagraph (b), you (or if you die after your termination date, your estate or any person who acquires the Options by bequest or inheritance) may thereafter exercise the Options within (and only within) the period ending three months after
your termination date but only to the extent they were exercisable on your termination date.

		
		 	 For purposes of this Section 2, if you are placed on salary continuation status in connection with your separation from the Corporation, you will be treated as
not having terminated your employment with the Corporation until the last date on which you receive salary continuation payments from the Corporation, at which time your employment by the Corporation will be deemed terminated.

  

 6 

									
		 	 In no event shall the provisions of the foregoing subparagraphs (a) and (b) extend to a date after [tenth anniversary of grant date], the period during which
the Options may be exercised.

		
		 	 Notwithstanding any other provision of this Agreement, if a Change of Control shall occur, then all Options then outstanding pursuant to this Agreement shall
forthwith become fully exercisable whether or not then otherwise exercisable in accordance with their terms.

		
	 3.  
	 	 Exercise Procedure

			
		 	 (a)
	 	 To exercise all or any part of the Options, you (or after your death, your estate or any person who has acquired the Options by bequest or inheritance) must first
obtain authorization from Rockwell Automation’s Office of the Secretary by submitting a Notice of Exercise Form to Rockwell Automation’s Office of the Secretary (Attention: Stock Option Administration; facsimile number (414) 382-4013) or
by other means acceptable to the Secretary of Rockwell Automation, and then contact the stock option administrator, Charles Schwab, by using the Customer Service Center as follows:

				
		 		 	 (i)
	 	 contact the Customer Service Center by calling (877) 804-3529, Monday through Friday 9 a.m. to 9 p.m., ET, and follow the instructions
provided;

				
		 		 	 (ii)
	 	 the Customer Service Center confirms the Option transaction;

				
		 		 	 (iii)
	 	 full payment of the exercise price for the Option Stock to be purchased on exercise of the Options may be made:

					
		 		 		 	 •
	 	 by check (wire) to your Charles Schwab account; or

					
		 		 		 	 •
	 	 in already-owned Stock; or

					
		 		 		 	 •
	 	 in a combination of check (wire) to your Charles Schwab account and Stock; or

					
		 		 		 	 •
	 	 by authorizing Charles Schwab or a third party approved by Rockwell Automation to sell the Stock (or a sufficient portion of the Stock) acquired upon exercise of the
Options; and

				
		 		 	 (iv)
	 	 in the case of an exercise of the Options by any person other than you seeking to exercise the Options, such documents as Charles Schwab or the Secretary of
Rockwell Automation shall require to establish to their satisfaction that the person seeking to exercise the Options is entitled to do so.

			
		 	 (b)
	 	 An exercise of the whole or any part of the Options shall be effective:

				
		 		 	 (i)
	 	 if you elect (or after your death, the person entitled to exercise the Options elects) to pay the exercise price for the Option Stock entirely by check (wire),
upon (A) completion of your transaction by using the Customer Service Center and full payment of the exercise price and withholding taxes (if applicable) are received by Charles Schwab within three (3) business days following the exercise; and (B)
receipt of any documents required pursuant to Section 3(a)(iv) herein; and

				
		 		 	 (ii)
	 	 if you elect (or after your death, the person entitled to exercise the Options elects) to pay the exercise price of the Option Stock in Stock or in a combination
of Stock and check, upon (A) completion of your transaction by using the Customer Service Center and full payment of the exercise price (as described in Section 3(d) herein) and withholding taxes (if applicable) are received by Charles Schwab within
three (3) business days following the exercise; and (B) receipt of any documents required pursuant to Section 3(a)(iv) herein.

  

 7 

									
			
		 	 (c)
	 	 If you choose (or after your death, the person entitled to exercise the Options chooses) to pay the exercise price for the Option Stock to be purchased on
exercise of any of the Options entirely by check, payment must be made by:

					
		 		 		 	 •
	 	 delivering to Charles Schwab a check (wire) in the full amount of the exercise price of such Option Stock; or

					
		 		 		 	 •
	 	 arranging with a stockbroker, bank or other financial institution to deliver to Charles Schwab full payment, by check or (if prior arrangements are made with Charles Schwab)
by wire transfer, of the exercise price of such Option Stock.

			
		 		 	 In either event, in accordance with Section 3(e) herein, full payment of the exercise price for the Option Stock purchased must be made within three (3) business
days after the exercise has been completed through the Customer Service Center.

				
		 	 (d)
	 	 (i)
	 	 If you choose (or after your death, the person entitled to exercise the Options chooses) to use already-owned Stock to pay all or part of the exercise price for
the Option Stock to be purchased on exercise of any of the Options, you (or after your death, the person entitled to exercise the Options) must deliver to Charles Schwab an Exercise Request and Attestation Form and cash representing one share, per
grant exercised, to settle the rounding of the exercise costs. To perform such a stock swap transaction or a partial swap transaction, the Exercise Request and Attestation Form must be submitted via fax (720) 785-8884 by 4 PM ET on the date of
exercise. Any questions concerning a stock swap transaction should be referred to (877) 636-7551 (Stock Option Administration Group Hotline). The Exercise Request and Attestation Form must attest to your ownership of Stock
representing:

					
		 		 		 	 •
	 	 at least the number of shares of Stock whose value, based on the Fair Market Value (as defined in the Plan) on the day you have exercised your Options through the Customer
Service Center, equals the exercise price for the Option Stock; or

					
		 		 		 	 •
	 	 any lesser number of shares of Stock you desire (or after your death, the person entitled to exercise the Options desires) to use to pay the exercise price for such Option
Stock and a check in the amount of such exercise price less the value of the Stock to which you are attesting, based on the Fair Market Value on the day you have exercised your Options through the Customer Service Center.

				
		 		 	 (ii)
	 	 If you choose (or after your death, the person entitled to exercise the Options chooses) to use Stock acquired upon exercise of the Options to pay all or part of
the exercise price for the remaining Option Stock to be purchased on exercise of any of the Options, you (or after your death, the person entitled to exercise the Options) must contact the Customer Service Center at (877)
804-3529.

				
		 		 	 (iii)
	 	 Charles Schwab will advise you (or any other person who, being entitled to do so, exercises the Options) of the exact number of shares of Stock, valued in
accordance with Section 4(a)(ii) of the Plan at their Fair Market Value on the date of exercise, and any funds required to pay in full the exercise price for the Option Stock purchased. In accordance with Section 3(e) herein, you (or such other
person) must pay, by check, in Stock or in a combination of check and Stock, any balance required to pay in full the exercise price of the Option Stock purchased within three (3) business days after the exercise has been completed through the
Customer Service Center.

  

 8 

							
		 		 	 (iv)
	 	 Notwithstanding any other provision of this Stock Option Agreement, the Secretary of Rockwell Automation may limit the number, frequency or volume of successive exercises of
any of the Options in which payment is made, in whole or in part, by delivery of Stock pursuant to this subparagraph (d) to prevent unreasonable pyramiding of such exercises.

			
		 	 (e)
	 	 An exercise completed through the Customer Service Center, whether or not full payment of the exercise price for the Option Stock is received by Charles
Schwab, shall constitute a binding contractual obligation by you (or the other person entitled to exercise the Options) to proceed with and conclude that exercise of the Options (but only so long as you continue, or the other person entitled to
exercise the Options continues, to be entitled to exercise the Options on that date). By your acceptance of this Stock Option Agreement, you agree (for yourself and on behalf of any other person who becomes entitled to exercise the Options) to
deliver or cause to be delivered to Charles Schwab in full the exercise price for the Option Stock, that payment being by check, wire transfer, in Stock or in a combination of check and Stock, on or before the third business day after the date on
which you complete the exercise through the Customer Service Center. If such payment is not made, you (for yourself and on behalf of any other person who becomes entitled to exercise the Options) authorize the Corporation, in its discretion, to set
off against salary payments or other amounts due or which may become due you (or the other person entitled to exercise the Options) any balance of the exercise price for such Option Stock remaining unpaid thereafter.

			
		 	 (f)
	 	 An Exercise Confirmation representing the number of shares of Option Stock purchased will be issued the third business day (i) after Charles Schwab has
received full payment therefor or (ii) at Rockwell Automation’s or Charles Schwab’s election in their sole discretion, after Rockwell Automation or Charles Schwab has received (x) full payment of the exercise price of the Option Stock and
(y) any reimbursement in respect of withholding taxes due pursuant to Section 5 herein.

		
	 4.  
	 	 Transferability

		
		 	 The Options are not transferable by you otherwise than (i) by will or by the laws of descent and distribution, or (ii) in the case of Options not granted as
incentive stock options, by gift (A) to any member of your immediate family or (B) to a limited liability corporation or partnership or trust for the benefit of one or more members of your immediate family or (C) to a family charitable trust
established by you or a member of your immediate family; provided, however, that no transfer pursuant to this clause (ii) shall be effective unless you have notified the Corporation’s Office of the Secretary (Attention: Stock Option
Administration) in writing specifying the Option or Options transferred, the date of the gift and the name, address and social security or other taxpayer identification number of the transferee. During your lifetime, only you are entitled to
exercise the Options unless you have transferred any Option in accordance with this paragraph to a member of your immediate family or to a limited liability corporation or partnership or trust for the benefit of one or more members of your immediate
family or to a family charitable trust established by you or a member of your immediate family, in which case only that transferee (or the legal representative of the estate or the heirs or legatees of that transferee) shall be entitled to exercise
that Option. For purposes of this paragraph, your “immediate family” shall mean your spouse and natural, adopted or step-children and grandchildren.

  

 9 

							
	 5.  
	 	 Withholding

		
		 	 Rockwell Automation, your employer and Charles Schwab shall have the right, in connection with the exercise of the Options in whole or in part, to deduct from any
payment to be made by Rockwell Automation or Charles Schwab under the Plan an amount equal to the taxes required to be withheld by law with respect to such exercise or to require you (or any other person entitled to exercise the Options) to pay to
it an amount sufficient to provide for any such taxes so required to be withheld. By your acceptance of this Stock Option Agreement, you agree (for yourself and on behalf of any other person who becomes entitled to exercise the Options) that if
Rockwell Automation or Charles Schwab elects to require you (or such other person) to remit an amount sufficient to pay such withholding taxes, you (or such other person) must remit that amount within three (3) business days after the completion of
the Option exercise. If such payment is not made, Rockwell Automation, in its discretion, shall have the same right of set-off with respect to payment of the withholding taxes in connection with the exercise of the Option as provided under Section
3(e) herein with respect to payment of the exercise price.

		
	 6.
	 	 Headings

		
		 	 The section headings contained in these Stock Option Terms and Conditions are solely for the purpose of reference, are not part of the agreement of the parties
and shall in no way affect the meaning or interpretation of this Stock Option Agreement.

		
	 7.
	 	 References

		
		 	 All references in these Stock Option Terms and Conditions to Sections, paragraphs, subparagraphs or clauses shall be deemed to be references to Sections,
paragraphs, subparagraphs and clauses of these Stock Option Terms and Conditions unless otherwise specifically provided.

		
	 8.
	 	 Entire Agreement

		
		 	 This Stock Option Agreement and the Plan embody the entire agreement and understanding between Rockwell Automation and you with respect to the Options, and there
are no representations, promises, covenants, agreements or understandings with respect to the Options other than those expressly set forth in this Stock Option Agreement and the Plan.

		
	 9.
	 	 Applicable Laws and Regulations

		
		 	 This Stock Option Agreement and Rockwell Automation’s obligation to issue Option Stock hereunder are subject to applicable laws and regulations, as well as
Rockwell Automation’s insider trading policies.

  

			
	 Exhibit 1
	 	 Exercise Request and Attestation Form (for use with already-owned shares)

		
	 Exhibit 2
	 	 Notice of Exercise Form

  

 10 

 ROCKWELL AUTOMATION, INC. 
 2008 LONG-TERM INCENTIVES PLAN 
 STOCK OPTION TERMS AND CONDITIONS

 [grant date] 

					
	 10.
	 	 Definitions

		
		 	 As used in these Stock Option Terms and Conditions, the following words and phrases shall have the respective meanings ascribed to them below unless the context
in which any of them is used clearly indicates a contrary meaning:

			
		 	 (a)
	 	 Change of Control: Change of Control shall have the same meaning as such term has in the Plan.

			
		 	 (b)
	 	 Charles Schwab: Charles Schwab & Co., Inc., the stock option administrator whom Rockwell Automation has engaged to administer and process all Option
exercises.

			
		 	 (c)
	 	 Corporation: Rockwell Automation and its Subsidiaries (as such term is defined in the Plan).

			
		 	 (d)
	 	 Customer Service Center: Charles Schwab’s Customer Service Center that is used to facilitate Option transactions. Contact Charles Schwab at (877) 804-3529.

			
		 	 (e)
	 	 Exercise Request and Attestation Form: The form attached as Exhibit 1 or any other form accepted by Charles Schwab in connection with the use of already-owned
shares to pay all or part of the exercise price for the Option Stock to be purchased on exercise of any of the Options.

			
		 	 (f)
	 	 Notice of Exercise Form: The form attached as Exhibit 2 or any other form accepted by the Secretary of Rockwell Automation in his sole
discretion.

			
		 	 (g)
	 	 Options: The stock option or stock options listed in the first paragraph of the Stock Option Agreement dated [grant date] to which these Stock Option Terms and
Conditions are attached and which together with these Stock Option Terms and Conditions constitute the Stock Option Agreement.

			
		 	 (h)
	 	 Option Stock: The Stock issuable or transferable on exercise of the Options.

			
		 	 (i)
	 	 Plan: Rockwell Automation’s 2008 Long-Term Incentives Plan, as such Plan may be amended and in effect at the relevant time.

			
		 	 (j)
	 	 Rockwell Automation: Rockwell Automation, Inc., a Delaware corporation, and any successor thereto.

			
		 	 (k)
	 	 Stock: Stock shall have the same meaning as such term has in the Plan.

			
		 	 (l)
	 	 Stock Option Agreement: These Stock Option Terms and Conditions together with the Stock Option Agreement dated [grant date] to which they are
attached.

  

 11 

							
	 11.
	 	 When Options May be Exercised

		
		 	 The Options may be exercised, in whole or in part (but only for a whole number of shares of Stock) and at one time or from time to time, as to one-third
(rounded to the nearest whole number) of the Option Stock granted as nonqualified stock options (NQs) and incentive stock options (ISOs) during the period beginning on [first anniversary of grant date] and ending on [tenth anniversary of grant
date], as to an additional one-third (rounded to the nearest whole number) of the Option Stock granted as NQs and ISOs during the period beginning on [second anniversary of grant date] and ending on [third anniversary of grant date], and as to the
balance of the Option Stock granted as NQs and ISOs during the period beginning on [third anniversary of grant date] and ending on [tenth anniversary of grant date], and only during those periods, provided that:

			
		 	 (a)
	 	 if you die while an Employee (as defined in the Plan), your estate, or any person who acquires the Options by bequest or inheritance, may exercise all the Options
not theretofore exercised within (and only within) the period beginning on your date of death (even if you die before you have become entitled to exercise all or any part of the Options) and ending three years thereafter; and

			
		 	 (b)
	 	 if your employment by the Corporation terminates other than by death, then:

				
		 		 	 (i)
	 	 if your retirement or other termination date is before [first anniversary of grant date], the Options shall lapse on your retirement or other termination and may not be
exercised at any time;

				
		 		 	 (ii)
	 	 if your employment by the Corporation is terminated for cause, as determined by the Committee (as defined in the Plan), the Options shall expire immediately upon notification
of your termination and may not be exercised thereafter;

				
		 		 	 (iii)
	 	 if your employment by the Corporation terminates on or after [first anniversary of grant date] by reason of your retirement under a retirement plan of Rockwell Automation, or
under a retirement plan of a subsidiary or affiliate of Rockwell Automation, and if you immediately begin either to receive pension payments under any such retirement plan or to receive retiree medical benefits, you (or if you die after your
retirement date, your estate or any person who acquires the Options by bequest or inheritance) may thereafter exercise the Options within (and only within) the period starting on the date you would otherwise have become entitled to exercise the part
of the Options so exercised and ending on the fifth anniversary of your retirement date; and

				
		 		 	 (iv)
	 	 if your employment by the Corporation terminates on or after [first anniversary of grant date] for any reason not specified in subparagraph (a) or in clauses (ii) or (iii) of
this subparagraph (b), you (or if you die after your termination date, your estate or any person who acquires the Options by bequest or inheritance) may thereafter exercise the Options within (and only within) the period ending three months after
your termination date but only to the extent they were exercisable on your termination date.

  

 12 

									
		 	 For purposes of this Section 2, if you are placed on salary continuation status in connection with your separation from the Corporation, you will be treated as
not having terminated your employment with the Corporation until the last date on which you receive salary continuation payments from the Corporation, at which time your employment by the Corporation will be deemed terminated.

		
		 	 In no event shall the provisions of the foregoing subparagraphs (a) and (b) extend to a date after [tenth anniversary of grant date] the period during which the
Options may be exercised.

		
		 	 Notwithstanding any other provision of this Agreement, if a Change of Control shall occur, then all Options then outstanding pursuant to this Agreement shall
forthwith become fully exercisable whether or not then otherwise exercisable in accordance with their terms.

		
	 12.
	 	 Exercise Procedure

			
		 	 (a)
	 	 To exercise all or any part of the Options, you (or after your death, your estate or any person who has acquired the Options by bequest or inheritance) must
first obtain authorization from Rockwell Automation’s Office of the Secretary by submitting a Notice of Exercise Form to Rockwell Automation’s Office of the Secretary (Attention: Stock Option Administration; facsimile number (414)
382-4013) or by other means acceptable to the Secretary of Rockwell Automation, and then contact the stock option administrator, Charles Schwab, by using the Customer Service Center as follows:

				
		 		 	 (i)
	 	 contact the Customer Service Center by calling (877) 804-3529, Monday through Friday 9 a.m. to 9 p.m., ET, and follow the instructions
provided;

				
		 		 	 (ii)
	 	 the Customer Service Center confirms the Option transaction;

				
		 		 	 (iii)
	 	 full payment of the exercise price for the Option Stock to be purchased on exercise of the Options may be made:

					
		 		 		 	 •
	 	 by check (wire) to your Charles Schwab account; or

					
		 		 		 	 •
	 	 in already-owned Stock; or

					
		 		 		 	 •
	 	 in a combination of check (wire) to your Charles Schwab account and Stock; or

					
		 		 		 	 •
	 	 by authorizing Charles Schwab or a third party approved by Rockwell Automation to sell the Stock (or a sufficient portion of the Stock) acquired upon exercise of the
Options; and

				
		 		 	 (iv)
	 	 in the case of an exercise of the Options by any person other than you seeking to exercise the Options, such documents as Charles Schwab or the Secretary of
Rockwell Automation shall require to establish to their satisfaction that the person seeking to exercise the Options is entitled to do so.

			
		 	 (b)
	 	 An exercise of the whole or any part of the Options shall be effective:

				
		 		 	 (i)
	 	 if you elect (or after your death, the person entitled to exercise the Options elects) to pay the exercise price for the Option Stock entirely by check (wire),
upon (A) completion of your transaction by using the Customer Service Center and full payment of the exercise price and withholding taxes (if applicable) are received by Charles Schwab within three (3) business days following the exercise; and (B)
receipt of any documents required pursuant to Section 3(a)(iv) herein; and

  

 13 

									
				
		 		 	 (ii)
	 	 if you elect (or after your death, the person entitled to exercise the Options elects) to pay the exercise price of the Option Stock in Stock or in a combination
of Stock and check, upon (A) completion of your transaction by using the Customer Service Center and full payment of the exercise price (as described in Section 3(d) herein) and withholding taxes (if applicable) are received by Charles Schwab within
three (3) business days following the exercise; and (B) receipt of any documents required pursuant to Section 3(a)(iv) herein.

			
		 	 (c)
	 	 If you choose (or after your death, the person entitled to exercise the Options chooses) to pay the exercise price for the Option Stock to be purchased on
exercise of any of the Options entirely by check, payment must be made by:

					
		 		 		 	 •
	 	 delivering to Charles Schwab a check (wire) in the full amount of the exercise price of such Option Stock; or

					
		 		 		 	 •
	 	 arranging with a stockbroker, bank or other financial institution to deliver to Charles Schwab full payment, by check or (if prior arrangements are made with Charles
Schwab) by wire transfer, of the exercise price of such Option Stock.

			
		 		 	 In either event, in accordance with Section 3(e) herein, full payment of the exercise price for the Option Stock purchased must be made within three (3) business
days after the exercise has been completed through the Customer Service Center.

				
		 	 (d)
	 	 (i)
	 	 If you choose (or after your death, the person entitled to exercise the Options chooses) to use already-owned Stock to pay all or part of the exercise price for
the Option Stock to be purchased on exercise of any of the Options, you (or after your death, the person entitled to exercise the Options) must deliver to Charles Schwab an Exercise Request and Attestation Form and cash representing one share, per
grant exercised, to settle the rounding of the exercise costs. To perform such a stock swap transaction or a partial swap transaction, the Exercise Request and Attestation Form must be submitted via fax (720) 785-8884 by 4 PM ET on the date of
exercise. Any questions concerning a stock swap transaction should be referred to (877) 636-7551 (Stock Option Administration Group Hotline). The Exercise Request and Attestation Form must attest to your ownership of Stock
representing:

					
		 		 		 	 •
	 	 at least the number of shares of Stock whose value, based on the Fair Market Value (as defined in the Plan) on the day you have exercised your Options through the Customer
Service Center, equals the exercise price for the Option Stock; or

					
		 		 		 	 •
	 	 any lesser number of shares of Stock you desire (or after your death, the person entitled to exercise the Options desires) to use to pay the exercise price for such Option
Stock and a check in the amount of such exercise price less the value of the Stock to which you are attesting, based on the Fair Market Value on the day you have exercised your Options through the Customer Service Center.

  

 14 

							
		 		 	 (ii)
	 	 If you choose (or after your death, the person entitled to exercise the Options chooses) to use Stock acquired upon exercise of the Options to pay all or part of the exercise
price for the remaining Option Stock to be purchased on exercise of any of the Options, you (or after your death, the person entitled to exercise the Options) must contact the Customer Service Center at (877) 804-3529.

				
		 		 	 (v)
	 	 Charles Schwab will advise you (or any other person who, being entitled to do so, exercises the Options) of the exact number of shares of Stock, valued in accordance with
Section 4(a)(ii) of the Plan at their Fair Market Value on the date of exercise, and any funds required to pay in full the exercise price for the Option Stock purchased. In accordance with Section 3(e) herein, you (or such other person) must pay, by
check, in Stock or in a combination of check and Stock, any balance required to pay in full the exercise price of the Option Stock purchased within three (3) business days after the exercise has been completed through the Customer Service Center.

				
		 		 	 (vi)
	 	 Notwithstanding any other provision of this Stock Option Agreement, the Secretary of Rockwell Automation may limit the number, frequency or volume of successive exercises of
any of the Options in which payment is made, in whole or in part, by delivery of Stock pursuant to this subparagraph (d) to prevent unreasonable pyramiding of such exercises.

			
		 	 (e)
	 	 An exercise completed through the Customer Service Center, whether or not full payment of the exercise price for the Option Stock is received by Charles Schwab,
shall constitute a binding contractual obligation by you (or the other person entitled to exercise the Options) to proceed with and conclude that exercise of the Options (but only so long as you continue, or the other person entitled to exercise the
Options continues, to be entitled to exercise the Options on that date). By your acceptance of this Stock Option Agreement, you agree (for yourself and on behalf of any other person who becomes entitled to exercise the Options) to deliver or cause
to be delivered to Charles Schwab in full the exercise price for the Option Stock, that payment being by check, wire transfer, in Stock or in a combination of check and Stock, on or before the third business day after the date on which you complete
the exercise through the Customer Service Center. If such payment is not made, you (for yourself and on behalf of any other person who becomes entitled to exercise the Options) authorize the Corporation, in its discretion, to set off against salary
payments or other amounts due or which may become due you (or the other person entitled to exercise the Options) any balance of the exercise price for such Option Stock remaining unpaid thereafter.

			
		 	 (f)
	 	 An Exercise Confirmation representing the number of shares of Option Stock purchased will be issued the third business day (i) after Charles Schwab has received
full payment therefor or (ii) at Rockwell Automation’s or Charles Schwab’s election in their sole discretion, after Rockwell Automation or Charles Schwab has received (x) full payment of the exercise price of the Option Stock and (y) any
reimbursement in respect of withholding taxes due pursuant to Section 5 herein.

  

 15 

			
	 13.
	 	 Transferability

		
		 	 The Options are not transferable by you otherwise than by will or by the laws of descent and distribution. During your lifetime, only you are entitled to exercise the
Options.

		
	 14.
	 	 Withholding

		
		 	 Rockwell Automation, your employer and Charles Schwab shall have the right, in connection with the exercise of the Options in whole or in part, to deduct from any payment
to be made by Rockwell Automation or Charles Schwab under the Plan an amount equal to the taxes required to be withheld by law with respect to such exercise or to require you (or any other person entitled to exercise the Options) to pay to it an
amount sufficient to provide for any such taxes so required to be withheld. By your acceptance of this Stock Option Agreement, you agree (for yourself and on behalf of any other person who becomes entitled to exercise the Options) that if Rockwell
Automation or Charles Schwab elects to require you (or such other person) to remit an amount sufficient to pay such withholding taxes, you (or such other person) must remit that amount within three (3) business days after the completion of the
Option exercise. If such payment is not made, Rockwell Automation, in its discretion, shall have the same right of set-off with respect to payment of the withholding taxes in connection with the exercise of the Option as provided under Section 3(e)
herein with respect to payment of the exercise price.

		
	 15.
	 	 Headings

		
		 	 The section headings contained in these Stock Option Terms and Conditions are solely for the purpose of reference, are not part of the agreement of the parties and shall
in no way affect the meaning or interpretation of this Stock Option Agreement.

		
	 16.
	 	 References

		
		 	 All references in these Stock Option Terms and Conditions to Sections, paragraphs, subparagraphs or clauses shall be deemed to be references to Sections, paragraphs,
subparagraphs and clauses of these Stock Option Terms and Conditions unless otherwise specifically provided.

		
	 17.
	 	 Entire Agreement

		
		 	 This Stock Option Agreement and the Plan embody the entire agreement and understanding between Rockwell Automation and you with respect to the Options, and there are no
representations, promises, covenants, agreements or understandings with respect to the Options other than those expressly set forth in this Stock Option Agreement and the Plan.

		
	 18.
	 	 Applicable Laws and Regulations

		
		 	 This Stock Option Agreement and Rockwell Automation’s obligation to issue Option Stock hereunder are subject to applicable laws and regulations, as well as Rockwell
Automation’s insider trading policies.

  

			
	 Exhibit 1
	 	 Exercise Request and Attestation Form (for use with already-owned shares)

		
	 Exhibit 2
	 	 Notice of Exercise Form

  

 16Form of Performance Share Agreement

 Exhibit 10.4 
 ROCKWELL AUTOMATION, INC. 
 2008 LONG-TERM INCENTIVES PLAN 
 PERFORMANCE SHARE AGREEMENT 
 (grant
date) 
 To: 
 In
accordance with Section 4(f) of the 2008 Long-Term Incentives Plan (the “Plan”) of Rockwell Automation, Inc. (“Rockwell Automation”),
                     Performance Shares (as defined in the Plan) have been granted to you today upon the terms and conditions of this
Performance Share Agreement (this “Agreement”), subject in all respects to the provisions of the Plan, as it may be amended. Capitalized terms used in this Agreement and not otherwise defined herein shall have the respective
meanings ascribed to them in the Plan. 
  

	 1.
	 Terms of Performance Shares. 

 (a) Subject to the provisions of this Section 1, you shall be eligible to receive shares of Stock or cash as determined in accordance with Section 1(f) of this Agreement in respect of the Performance Shares
subject to this Agreement (the “Performance Share Payout”) if you shall continue as an Employee from the date hereof until [third anniversary of grant date] (the “Performance Share Period”). Payment of such shares of Stock
or cash shall be paid in the calendar year in which the Performance Share Period ends. 
 (b) If (i) you shall die or
suffer a disability (as determined by the Committee)(as defined in the Plan) that shall continue for a continuous period of at least six months during the period of your continuous service as an Employee and prior to the end of the Performance Share
Period; or (ii) your employment by Rockwell Automation terminates on or after the first anniversary of the date hereof and prior to the end of the Performance Share Period by reason of your retirement under a retirement plan of Rockwell
Automation; then you shall be eligible to receive at the time such Performance Shares would otherwise be payable pursuant to Section 1(a) of this Agreement a prorated portion of the Performance Share Payout in accordance with Section 1(f)
of this Agreement equal to such Performance Share Payout, multiplied by the percentage of days in the Performance Share Period during which you were an Employee. 
 (c) If a “Change in Control” (as defined for purposes of Article III, Section 13(I)(1) of Rockwell Automation’s By-Laws) that qualifies as a “409A Change of Control
Event” (as hereinafter defined) shall occur during the period of your continuous service as an Employee and prior to the end of the Performance Share Period; then you shall be entitled to receive promptly and in any event within sixty days
following such Change in Control the Performance Share Payout in accordance with Section 1(f) of this Agreement. For purposes of this Agreement, a “409A Change of Control Event” means a “Change of Control Event” as defined
in Treasury Regulation Section 1.409A-3(i)(5)(i) and set forth in Treasury Regulation Section 1.409A-3(i)(5)(v)-(vii), applying the default rules and percentages set forth in such Treasury Regulation. 

 (d) If you cease to be an Employee prior to satisfaction of any of the conditions set
forth in Section 1(a), 1(b) or 1(c) of this Agreement, you shall not be entitled to receive any Performance Share Payout in respect of the Performance Shares subject to this Agreement and shall have no further rights with respect to the
Performance Shares subject to this Agreement. 
 (e) Subject to the provisions of this Section 1 (including, if
Section 1(b) of this Agreement is applicable, the proration requirements thereof), promptly following the end of the Performance Share Period (or promptly following a 409A Change in Control Event in the event Section 1(c) of this Agreement
is applicable), the number of shares of Stock (or the amount of cash) payable to you in respect of the Performance Shares subject to this Agreement shall be determined by multiplying (i) the number of Performance Shares subject to this
Agreement by (ii) the applicable percentage determined by the Committee in accordance with Attachment 1 hereto based on the total shareowner return of Rockwell Automation Common Stock, assuming reinvestment of all dividends, for the period from
[three year period ending fiscal year end before third anniversary of grant date]; provided, however, that if Section 1(c) of this Agreement is applicable, the percentage under this Section 1(e)(ii) shall be deemed to be 100%. In
determining such total shareowner return, the price of the Stock on each of the first and last dates of such three-year period will be determined by using the average of the daily closing prices per share of the Stock as reported on the New York
Stock Exchange Composite Transactions Reporting System for the 20 trading days immediately preceding such date. Any payout in respect of Performance Shares subject to this Agreement may be in Stock, in cash or partly in Stock and partly in cash, as
the Committee may determine. Any cash amounts payable pursuant to this Section 1(f) will be calculated based upon the Fair Market Value of the Stock on the trading day immediately preceding the payout date (or such other date as the Committee
shall determine in its sole discretion). 
  

	 2.
	 Delivery of Shares or Cash. 

 As promptly as practicable after (i) shares of Stock or cash have been determined by the Committee to be payable in accordance with Section 1 of this Agreement in respect of the Performance Shares subject to
this Agreement and (ii) Rockwell Automation has been reimbursed for all required withholding taxes in respect of the Stock and/or cash payable in respect of such Performance Shares, Rockwell Automation shall deliver to you (or in the event of
your death, to your estate or any person who acquires your interest in such Performance Shares by bequest or inheritance) shares of Stock, cash or a combination thereof, as shall be determined by the Committee, in respect of such Performance Shares.

  

 2 

	 3.
	 Forfeiture of Performance Shares. 

 Notwithstanding any other provision of this Agreement, if at any time it shall become impossible for you to receive any Performance Share Payout in respect of the Performance Shares subject to this Agreement, all such
Performance Shares shall be forfeited, and you shall have no further rights of any kind or nature with respect thereto. 
  

	 4.
	 Adjustments. 

 If there shall be any change in or affecting shares of Stock on account of any stock dividend or split, merger or consolidation, reorganization (whether or not Rockwell Automation is a surviving corporation), recapitalization,
reorganization, combination or exchange of shares or other similar corporate changes or an extraordinary dividend in cash, securities or other property, there shall be made or taken such amendments to this Agreement or the Performance Shares subject
to this Agreement as the Board of Directors may deem appropriate under the circumstances. 
  

	 5.
	 Transferability. 

 This grant is not transferable by you otherwise than by will or by the laws of descent and distribution, and the Stock and/or cash payable in respect of the Performance Shares subject to this Agreement shall be deliverable, during your
lifetime, only to you. 
  

	 6.
	 Withholding. 

 Rockwell Automation shall have the right, in connection with the delivery of any shares of Stock or cash in respect of the Performance Shares subject to this Agreement, (i) to deduct from any payment otherwise due by Rockwell
Automation to you or any other person receiving delivery of such shares or cash an amount equal to any taxes required to be withheld by law with respect to such delivery, (ii) to require you or any other person receiving such delivery to pay to
it an amount sufficient to provide for any such taxes so required to be withheld, or (iii) to sell such number of shares of Stock as may be necessary so that the net proceeds of such sale shall be an amount sufficient to provide for any such
taxes so required to be withheld. 
  

	 7.
	 No Acquired Rights. 

 You acknowledge, agree and consent that: (a) the Plan is discretionary and Rockwell Automation may amend, cancel or terminate the Plan at any time; (b) the grant of the Performance Shares subject to this Agreement is a one-time
benefit offered to you and does not create any contractual or other right for you to receive any grant of performance shares or benefits under the Plan in the future; (c) future grants, if any, shall be at the sole discretion of Rockwell
Automation, including, but not limited to, the timing of any grant, the number of shares and forfeiture provisions; and (d) your participation in the Plan is voluntary. 
  

 3 

	 8.
	 Applicable Law. 

 This Agreement and Rockwell Automation’s obligation to deliver the Stock and/or cash payable in respect of the Performance Shares subject to this Agreement shall be governed by and construed and enforced in accordance with the laws of
Delaware and the Federal law of the United States. 
  

	 9.
	 409A 

 This
Agreement is intended to comply with Section 409A. Notwithstanding any other provision of this Agreement to the contrary, the Company makes no representation that this Plan or any amounts payable under this Agreement will be exempt from or
comply with Section 409A and makes no undertaking to preclude Section 409A from applying to this Agreement. 
  

	 10.
	 Entire Agreement. 

 This Agreement and the Plan embody the entire agreement and understanding between Rockwell Automation and you with respect to the Performance Shares subject to this Agreement, and there are no representations, promises, covenants,
agreements or understandings with respect to such Performance Shares other than those expressly set forth in this Agreement and the Plan. In the event of any conflict between this Agreement and the Plan, the terms of the Plan shall govern.

  

			
	 ROCKWELL AUTOMATION, INC.

		
	 By:
	 	  

		 	 Senior Vice President,

		 	 General Counsel and Secretary

 Attachment 1 — Matrix 
 Dated: 
 Agreed to this      day of
            , 200     
  

	
	  

	 Name:

  

 4

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