Document:

Memorandum of Proposed Amendment and Restatement

 Exhibit 10.4 
 MEMORANDUM OF PROPOSED AMENDMENT AND 
 RESTATEMENT OF THE ROCKWELL AUTOMATION, INC. 2000

 LONG-TERM INCENTIVES PLAN, AS AMENDED 
 (November 7, 2007) 
 It is proposed that the Rockwell Automation, Inc. 2000 Long-Term
Incentives Plan (the “Plan”) be amended and restated in its entirety, effective as of January 1, 2005, to make certain changes in respect of Section 409A of the Internal Revenue Code of 1986, as amended, including to add the
Section 409A definition of change of control and to revise the provisions related to the deferral of awards and payment of awards to satisfy the requirements for exemption under Section 409A. The amended and restated Plan shall be in the
form set forth in the document attached hereto, subject to technical revisions that may be made, but which will not affect the substance of the Plan’s terms and provisions. 

 ROCKWELL AUTOMATION, INC. 
 2000 LONG-TERM INCENTIVES PLAN 
 (As Amended through November 7, 2007)

 Section 1: Purpose 
 The purpose of the Plan is to promote the interests of the Corporation (as defined in Section 2) and its shareowners by providing incentive compensation opportunities to assist in (i) attracting, motivating and retaining Employees
(as defined in Section 2) and (ii) aligning the interests of Employees participating in the Plan with the interests of the Corporation’s shareowners. 
 Section 2: Definitions 
 As used in the Plan, the following terms shall have the respective
meanings specified below. 
  

	 	 a.
	 “Award” means an award granted pursuant to Section 4. 

  

	 	 b.
	 “Award Agreement” means a document described in Section 6 setting forth the terms and conditions applicable to an Award granted to a
Participant. 

  

	 	 c.
	 “Board of Directors” means the Board of Directors of the Corporation, as it may be comprised from time to time. 

  

	 	 d.
	 “Change of Control” means any of the following: 

  

	 	 (i)
	 The acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act) (a “Person”) of
beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 20% or more of either (A) the then outstanding shares of common stock of the Corporation (the “Outstanding Rockwell Common Stock”) or
(B) the combined voting power of the then outstanding voting securities of the Corporation entitled to vote generally in the election of directors (the “Outstanding Rockwell Voting Securities”); provided, however, that
for purposes of this subparagraph (i), the following acquisitions shall not constitute a Change of Control: (w) any acquisition directly from the Corporation, (x) any acquisition by the Corporation, (y) any acquisition by any employee
benefit plan (or related trust) sponsored or maintained by the Corporation or any corporation controlled by the Corporation or (z) any acquisition pursuant to a transaction which complies with clauses (A), (B) and (C) of subsection
(iii) of this Section 2(d); or 

  

	 	 (ii)
	 Individuals who, as of December 1, 1999, constitute the Board of Directors (the “Incumbent Board”) cease for any reason to constitute at least a
majority of the Board of Directors; provided, however, that any individual becoming a director subsequent to that date whose election, or nomination for election by the Corporation’s shareowners, was approved by a vote of at least
a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a
result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board of Directors; or

  

	 	 (iii)
	 Consummation of a reorganization, merger or consolidation or sale or other disposition of all or substantially all of the assets of the Corporation or the
acquisition of assets of another entity (a “Corporate Transaction”), in each case, unless, following such Corporate Transaction, (A) all or substantially all of the individuals and entities who were the beneficial owners,
respectively, of the Outstanding Rockwell Common Stock and Outstanding Rockwell Voting Securities immediately prior to such Corporate Transaction beneficially own, directly or indirectly, more than 60% of, respectively, the then outstanding shares
of common stock and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Corporate Transaction (including, without
limitation, a corporation which as a result of such transaction owns the Corporation or all or substantially all of the Corporation’s assets either directly or through one or more subsidiaries) in substantially the same proportions as their
ownership, immediately prior to such Corporate Transaction, of the Outstanding Rockwell Common Stock and Outstanding Rockwell Voting Securities, as the case may be, (B) no Person (excluding any employee benefit plan (or related trust) of the
Corporation or such corporation resulting from such Corporate Transaction) beneficially owns, directly or indirectly, 20% or more of, respectively, the then outstanding shares of common stock of the corporation resulting from such Corporate
Transaction or the combined voting power of the then outstanding voting securities of such corporation except to the extent that such ownership existed prior to the Corporate Transaction and (C) at least a majority of the members of the board
of directors of the corporation resulting from such Corporate Transaction were members of the Incumbent Board at the time of the execution of the initial agreement, or of the action of the Board of Directors, providing for such Corporate
Transaction; or 

  

 2 

	 	 (iv)
	 Approval by the Corporation’s shareowners of a complete liquidation or dissolution of the Corporation. 

  

	 	 e.
	 “Code” means the Internal Revenue Code of 1986, as amended from time to time. 

  

	 	 f.
	 “Committee” means the Compensation and Management Development Committee of the Board of Directors, as it may be comprised from time to time.

  

	 	 g.
	 “Corporation” means Rockwell Automation, Inc. and any successor thereto. 

  

	 	 h.
	 “Covered Employee” means a covered employee within the meaning of Code Section 162(m)(3). 

  

	 	 i.
	 “Dividend Equivalent” means an amount equal to the amount of cash dividends payable with respect to a share of Stock after the date specified in
an Award Agreement with respect to an Award settled in Stock or an Award of Restricted Stock. 

  

	 	 j.
	 “Employee” means an individual who is an employee or a leased employee of, or a consultant to, the Corporation or a Subsidiary, but excludes
members of the Board of Directors who are not also employees of the Corporation or a Subsidiary. 

  

	 	 k.
	 “Exchange Act” means the Securities Exchange Act of 1934, and any successor statute, as it may be amended from time to time.

  

	 	 l.
	 “Executive Officer” means an Employee who is an executive officer of the Corporation as defined in Rule 3b-7 under the Exchange Act as it may be
amended from time to time. 

  

	 	 m.
	 “Fair Market Value” means the closing sale price of the Stock as reported in the New York Stock Exchange—Composite Transactions (or if the
Stock is not then traded on the New York Stock Exchange, the closing sale price of the Stock on the stock exchange or over-the-counter market on which the Stock is principally trading on the relevant date) on the date of a determination (or on the
next preceding day the Stock was traded if it was not traded on the date of a determination). 

  

 3 

	 	 n.
	 “Incentive Stock Option” means an Option (or an option to purchase Stock granted pursuant to any other plan of the Corporation or a Subsidiary)
intended to comply with Code Section 422. 

  

	 	 o.
	 “Non-Qualified Stock Option” means an Option that is not an Incentive Stock Option. 

  

	 	 p.
	 “Option” means an option to purchase Stock granted pursuant to Section 4(a). 

  

	 	 q.
	 “Participant” means (i) Any Employee who has been granted an Award; (ii) any Employee (a Continuing Rockwell Collins
Participant) as of the opening of business on the Rockwell Collins Distribution Date who then held one or more outstanding Awards and who on or before the close of business on the Rockwell Collins Distribution Date remained or became an employee of
Rockwell Collins or any of its subsidiaries, but only for purposes of determining such an Employee’s rights with respect to his or her outstanding Awards and only so long as such an Employee shall remain an employee of Rockwell Collins or any
of its subsidiaries; and (iii) any Employee (a Continuing Rockwell Science Center Participant) as of the opening of business on the Rockwell Collins Distribution Date who then held one or more outstanding Awards and who on or before the close
of business on the Rockwell Collins Distribution Date remained or became an employee of Rockwell Science Center or any of its subsidiaries, but only for purposes of determining such an Employee’s rights with respect to his or her outstanding
Awards and only so long as such an Employee shall remain an employee of Rockwell Science Center or any of its subsidiaries. 

  

	 	 r.
	 “Performance Goal” means the level of performance, whether absolute or relative to a peer group or index, established by the Committee as the
performance goal with respect to a Performance Measure. Performance Goals may vary from Performance Period to Performance Period and from Participant to Participant and may be established on a stand-alone basis, in tandem or in the alternative.

  

	 	 s.
	 “Performance Formula” means, for a Performance Period, one or more objective formulas or standards established by the Committee for purposes of
determining whether or the extent to which an Award has been earned based on the level of performance attained with respect to one or more Performance Goals. Performance Formulas may vary from Performance Period to Performance Period and from
Participant to Participant and may be established on a stand-alone basis, in tandem or in the alternative. 

  

	 	 t.
	 “Performance Measure” means one or more of the following selected by the Committee to measure the performance of the Corporation, a business
unit (which may but need not be a Subsidiary) of the Corporation or both for a Performance Period: basic or diluted earnings per share; revenue; operating income; earnings before or after interest, taxes, depreciation or amortization; return on
capital; return on equity; return on assets; cash flow; working capital; stock price and total shareholder return. Each such measure shall be determined in accordance with generally accepted accounting principles as consistently applied by the
Corporation and, if so determined by the Committee at the time the Award is granted and to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment,
unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant and may be
established on a stand-alone basis, in tandem or in the alternative. 

  

 4 

	 	 u.
	 “Performance Period” means one or more periods of time (of not less than one fiscal year of the Corporation), as the Committee may designate,
over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s rights in respect of an Award. 

  

	 	 v.
	 “Performance Share” means an Award denominated in Stock granted pursuant to Section 4(e). 

  

	 	 w.
	 “Performance Unit” means an Award denominated in cash granted pursuant to Section 4(d). 

  

	 	 x.
	 “Plan” means this 2000 Long-Term Incentives Plan as adopted by the Corporation and in effect from time to time. 

  

	 	 y.
	 “Restricted Stock” means an Award of Stock subject to restrictions granted pursuant to Section 4(c). 

  

	 	 z.
	 “Rockwell Collins” means Rockwell Collins, Inc., a Delaware corporation, and any successor thereto. 

  

	 	 aa.
	 “Rockwell Collins Distribution Date” means the Distribution Date as defined in the Distribution Agreement, dated as of June 29, 2001, by
and among Rockwell, Rockwell Collins and Rockwell Science Center relating, among other things, to the distribution of shares of Rockwell Collins Common Stock to Rockwell’s shareowners. 

  

	 	 bb.
	 “Rockwell Science Center” means Rockwell Scientific Company LLC, a Delaware limited liability company, and any successor thereto.

  

	 	 cc.
	 “SAR” means a stock appreciation right granted pursuant to Section 4(b). 

  

	 	 dd.
	 “Section 409A” means Code Section 409A, including any regulations and other guidance issued thereunder by the Department of the
Treasury and/or the Internal Revenue Service. 

  

	 	 ee.
	 “Stock” means shares of Common Stock, par value $1 per share, of the Corporation or any security of the Corporation issued in substitution,
exchange or lieu thereof. 

  

	 	 ff.
	 “Subsidiary” means (i) any corporation or other entity in which the Corporation, directly or indirectly, controls 50% or more of the total
combined voting power of such corporation or other entity and (ii) any corporation or other entity in which the Corporation has a significant equity interest and which the Committee has determined to be considered a Subsidiary for purposes of
the Plan. 

 Section 3: Eligibility 
 The Committee may grant one or more Awards to any Employee designated by it to receive an Award. 
  

 5 

 Section 4: Awards 
 The Committee may grant any one or more of the following types of Awards, and any such Award may be granted by itself, together with another Award that is linked and alternative to the Award with
which it is granted or together with another Award that is independent of the Award with which it is granted: 
  

	 	 a.
	 Options. An Option is an option to purchase a specified number of shares of Stock exercisable at such time or times and subject to such terms and
conditions as the Committee may determine consistent with the provisions of the Plan, including the following: 

  

	 	 (i)
	 The exercise price of an Option shall not be less than 100% of the Fair Market Value of the Stock on the date the Option is granted, and no Option may be
exercisable more than 10 years after the date the Option is granted. 

  

	 	 (ii)
	 The exercise price of an Option shall be paid in cash or, at the discretion of the Committee, in Stock or in a combination of cash and Stock. Any Stock accepted
in payment of the exercise price of an Option shall be valued at its Fair Market Value on the date of exercise. 

  

	 	 (iii)
	 No fractional shares of Stock will be issued or accepted. The Committee may impose such other conditions, restrictions and contingencies with respect to shares
of Stock delivered pursuant to the exercise of an Option as it deems desirable. 

  

	 	 (iv)
	 Incentive Stock Options shall be subject to the following additional provisions: 

  

	 	 A.
	 No grant of Incentive Stock Options to any one Employee shall cover a number of shares of Stock whose aggregate Fair Market Value (determined on the date the
Option is granted), together with the aggregate Fair Market Value (determined on the respective date of grant of any Incentive Stock Option) of the shares of Stock covered by any Incentive Stock Options which have been previously granted under the
Plan or any other plan of the Corporation or any Subsidiary and which are exercisable for the first time during the same calendar year, exceeds $100,000 (or such other amount as may be fixed as the maximum amount permitted by Code
Section 422(d)). 

  

	 	 B.
	 No Incentive Stock Option may be granted under the Plan after November 30, 2009. 

  

	 	 C.
	 No Incentive Stock Option may be granted to an Employee who on the date of grant is not an employee of the Corporation or a corporation that is a subsidiary of
the Corporation within the meaning of Code Section 424(f). 

  

	 	 b.
	 Stock Appreciation Rights (SARs). A SAR is the right to receive a payment measured by the increase in the Fair Market Value of a specified number of
shares of Stock from the date of grant of the SAR to the date on which the Participant exercises the SAR. SARs may be (i) freestanding SARs or (ii) tandem SARs granted in conjunction with an Option, either at the time of grant of the
Option or at a later date, and exercisable at the Participant’s election instead of all or any part of the related Option. The payment to which the Participant is entitled on exercise of a SAR may be in cash, in Stock valued at Fair Market
Value on the date of exercise or partly in cash and partly in Stock, as the Committee may determine. 

  

	 	 c.
	 Restricted Stock. Restricted Stock is Stock that is issued to a Participant subject to restrictions on transfer and such other restrictions on incidents
of ownership as the Committee may determine, including but not limited to the achievement of one or more specific goals with respect to performance of the Corporation, a business unit (which may but need not be a Subsidiary) of the Corporation or
that Participant over a specified period of time. Subject to the specified restrictions, the Participant as owner of those shares of Restricted Stock shall have the rights of the holder thereof, except that the Committee may provide at the time of
the Award that any dividends or other distributions paid with respect to that Stock while subject to those restrictions shall be accumulated, with or without interest, or reinvested in Stock and held subject to the same restrictions as the
Restricted Stock and such other terms and conditions as the Committee shall determine. Shares of Restricted Stock shall be registered in the name of the Participant and, at the Corporation’s sole discretion, shall be held in book entry form
subject to the Corporation’s instructions or shall be evidenced by a certificate, which shall bear an appropriate restrictive legend, shall be subject to appropriate stop-transfer orders and shall be held in custody by the Corporation until the
restrictions on those shares of Restricted Stock lapse. 

  

 6 

	 	 d.
	 Performance Units. A Performance Unit is an Award denominated in cash, the amount of which may be based on the achievement of one or more specific goals
with respect to performance of the Corporation, a business unit (which may but need not be a Subsidiary) of the Corporation or the Participant to whom the Performance Units are granted over a specified period of time. The maximum amount of
compensation that may be paid to any one Participant with respect to Performance Units for any one Performance Period shall be $5 million. The payout of Performance Units may be in cash, in Stock, valued at Fair Market Value on the payout date (or
at the sole discretion of the Committee, the day immediately preceding that date), or partly in cash and partly in Stock, as the Committee may determine. 

  

	 	 e.
	 Performance Shares. A Performance Shares is an Award denominated in Stock, the amount of which may be based on the achievement of one or more specific
goals with respect to performance of the Corporation, a business unit (which may but need not be a Subsidiary) of the Corporation or the Participant to whom the Performance Shares are granted over a specified period of time. The payout of
Performance Shares may be in Stock, in cash or partly in cash and partly in Stock, as the Committee may determine. Unless otherwise determined by the Committee, a grantee of Performance Shares shall not receive any dividends or other distributions
paid with respect to such Performance Shares. 

  

	 	 f.
	 Performance Compensation Awards. 

  

	 	 (i)
	 The Committee may, at the time of grant of an Award (other than an Option or SAR) designate such Award as a
Performance Compensation Award in order that such Award constitute qualified performance-based compensation under Code Section 162(m); provided, however, that no Performance Compensation Award may be granted to an Employee who on
the date of grant is a leased employee of, or a consultant to, the Corporation or a Subsidiary. With respect to each such Performance Compensation Award, the Committee shall (on or before the 90th day of the applicable Performance
Period), establish, in writing, a Performance Period, Performance Measure(s), Performance Goal(s) and Performance Formula(s). Once established for a Performance Period, such items shall not be amended or otherwise modified if and to the extent such
amendment or modification would cause the compensation payable pursuant to the Award to fail to constitute qualified performance-based compensation under Code Section 162(m). 

  

 7 

	 	 (ii)
	 A Participant shall be eligible to receive payment in respect of a Performance Compensation Award only to the extent that the Performance Goal(s) for that Award
are achieved and the Performance Formula as applied against such Performance Goal(s) determines that all or some portion of such Participant’s Award has been earned for the Performance Period. As soon as practicable after the close of each
Performance Period, the Committee shall review and determine whether, and to what extent, the Performance Goal(s) for the Performance Period have been achieved and, if so, determine the amount of the Performance Compensation Award earned by the
Participant for such Performance Period based upon such Participant’s Performance Formula. The Committee shall then determine the actual amount of the Performance Compensation Award to be paid to the Participant and, in so doing, may in its
sole discretion decrease, but not increase, the amount of the Award otherwise payable to the Participant based upon such performance. The maximum Performance Compensation Award for any one Participant for any one Performance Period shall be
determined in accordance with Sections 4(d) and 5(b), as applicable. 

  

	 	 g.
	 Deferrals. The Committee may require or permit Participants to defer the issuance or vesting of shares of Stock or the settlement of Awards under such
rules and procedures as it may establish under the Plan. The Committee may also provide that deferred settlements include the payment of, or crediting of interest on, the deferral amounts or the payment or crediting of Dividend Equivalents on
deferred settlements in shares of Stock. Notwithstanding the foregoing, no deferral will be permitted if it will result in the Plan becoming an “employee pension benefit plan” under Section 3(2) of the Employee Retirement Income
Security Act of 1974, as amended (“ERISA”), that is not otherwise exempt under Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA. Notwithstanding the foregoing, it is the intent of the Corporation that any deferral made under this
Section 4(g) shall (A) satisfy the requirements for exemption under Section 409A or (B) satisfy the requirements of Section 409A. 

  

	 	 h.
	 Other Section 409A Provisions. In addition to the provisions related to the deferral of Awards under the Plan set forth in Section 4(g) and
notwithstanding any other provision of the Plan to the contrary, the following provisions shall apply to Awards: 

  

	 	 (i)
	 To the extent not otherwise set forth in the Plan, it is the intent of the Corporation that the Award Agreement for each Award shall set forth (or shall
incorporate by reference to the Corporation’s Deferred Compensation Plan) such terms and conditions as are necessary to (A) satisfy the requirements for exemption under Section 409A or (B) satisfy the requirements of
Section 409A; and 

  

	 	 (ii)
	 Without limiting the generality of the foregoing, it is the intent of the Corporation that the payment of dividends on Restricted Stock or the payment of
Dividend Equivalents on Performance Shares shall (A) satisfy the requirements for exemption under Section 409A or (B) satisfy the requirements of Section 409A, including without limitation, to the extent necessary, the
establishment of a separate written arrangement providing for the payment of such dividends or Dividend Equivalents. 

  

	 	 (iii)
	 Notwithstanding any other provision of this Plan or an Award Agreement to the contrary, any Performance Share Award granted under this Plan prior to
November 7, 2007 shall be payable in the calendar year in which the Performance Period ends. 

  

 8 

	 	 (iv)
	 Notwithstanding any other provision of this Plan to the contrary, the Corporation makes no representation that the Plan or any Award will be exempt from or
comply with Section 409A and makes no undertaking to preclude Section 409A from applying to the Plan or any Award. 

 Section 5: Stock Available under Plan 
  

	 	 a.
	 Subject to the adjustment provisions of Section 9, the number of shares of Stock which may be delivered upon exercise of Options or upon grant or in payment
of other Awards under the Plan shall not exceed 24 million, and the number of those shares which may be delivered upon grant or in payment of all Awards other than Options and SARs shall not exceed 4 million. In addition, (i) no more than
4 million shares of Stock shall be granted in the form of Restricted Stock or delivered in payment of Performance Shares; and (ii) SARs shall be granted with respect to no more than 100,000 shares of Stock. For purposes of applying the
limitations provided in this Section 5(a), all shares of Stock with respect to the unexercised, undistributed or unearned portion of any terminated or forfeited Award shall be available for further Awards. 

  

	 	 b.
	 Subject to the adjustment provisions of Section 9, no single Participant shall receive, in any fiscal year of the Corporation, Awards in the form of
(i) Options with respect to more than that number of shares of Stock determined by subtracting from 2,500,000 the number of shares of Stock with respect to which Options or options to purchase Stock under any other plan of the Corporation or a
Subsidiary have been granted to such Participant during the immediately preceding four fiscal years of the Corporation; and (ii) Restricted Stock or Performance Shares for more than that number of shares of Stock determined by subtracting from
1,000,000 the number of shares of Stock granted as Restricted Stock or deliverable in payment of Performance Shares granted or granted as restricted stock or deliverable in payment of performance shares granted under any other plan or program of the
Corporation or a Subsidiary to such Participant during the immediately preceding four fiscal years of the Corporation. 

  

	 	 c.
	 The Stock that may be delivered on grant, exercise or settlement of an Award under the Plan may be reacquired shares held in treasury or authorized but unissued
shares; provided, however, that unless otherwise determined by the Committee, shares of Stock that may be granted as Restricted Stock or delivered in payment of Performance Shares shall consist only of reacquired shares.

 Section 6: Award Agreements 
 Each Award under the Plan shall be evidenced by an Award Agreement. Each Award Agreement shall set forth the terms and conditions applicable to the Award, including but not limited to (i) provisions for the time
at which the Award becomes exercisable or otherwise vests; (ii) provisions for the treatment of the Award in the event of the termination of a Participant’s status as an Employee and (iii) any special provisions applicable in the
event of an occurrence of a Change in Control, as determined by the Committee consistent with the provisions of the Plan; and (iv) in the Committee’s sole discretion, any additional provisions as may be necessary to (A) satisfy the
requirements for exemption under Section 409A or (B) satisfy the requirements of Section 409A. 
 Section 7: Amendment
and Termination 
 The Board of Directors may at any time amend, suspend or terminate the Plan, in whole or in part; provided,
however, that, without the approval of the shareowners of the Corporation, no such action shall (i) increase the number of shares of Stock available for Awards as set forth in Section 5 (other than adjustments pursuant to
Section 9); or (ii) materially increase the benefits accruing to Participants under the Plan or otherwise make any material revision to the Plan, or otherwise be effective to the extent that such approval is necessary to comply with any
tax or regulatory requirement applicable to the Plan, including applicable requirements of the New York Stock Exchange; and provided, further, that subject to Section 9, no such action shall impair the rights of any holder of an
Award without the holder’s consent. The Committee may, subject to the Plan, at any time alter or amend any or all Award Agreements to the extent permitted by applicable law; provided, however, that subject to Section 9, no
such alteration or amendment shall impair the rights of any holder of an Award without the holder’s consent. Notwithstanding the foregoing, neither the Board of Directors nor the Committee shall (except pursuant to Section 9) amend the
Plan or any Award Agreement to reprice any Option or SAR whose exercise price is above the then Fair Market Value of the Stock subject to the Award, whether by decreasing the exercise price, canceling the Award and granting a substitute Award, or
otherwise. 
  

 9 

 Section 8: Administration 
  

	 	 a.
	 The Plan and all Awards shall be administered by the Committee. The members of the Committee shall be designated by the Board of Directors from among its members
who are not eligible for Awards under the Plan. 

  

	 	 b.
	 Any member of the Committee who, at the time of any proposed grant of one or more Awards, is not both an “outside director” as defined for purposes of
Code Section 162(m) and a “Non-Employee Director” as defined in Rule 16b-3(b)(3)(i) under the Exchange Act shall abstain from and take no part in the Committee’s action on the proposed grant. 

  

	 	 c.
	 The Committee shall have full and complete authority, in its sole and absolute discretion, (i) to exercise all of the powers granted to it under the Plan,
(ii) to construe, interpret and implement the Plan and any related document, (iii) to prescribe, amend and rescind rules relating to the Plan, (iv) to make all determinations necessary or advisable in administering the Plan, and
(v) to correct any defect, supply any omission and reconcile any inconsistency in the Plan. The actions and determinations of the Committee on all matters relating to the Plan and any Awards will be final and conclusive. The Committee’s
determinations under the Plan need not be uniform and may be made by it selectively among Employees who receive, or who are eligible to receive, Awards under the Plan, whether or not such persons are similarly situated. 

 

	 	 d.
	 The Committee and others to whom the Committee has delegated such duties shall keep a record of all their proceedings and actions and shall maintain all such
books of account, records and other data as shall be necessary for the proper administration of the Plan. 

  

	 	 e.
	 The Corporation shall pay all reasonable expenses of administering the Plan, including but not limited to the payment of professional fees.

  

	 	 f.
	 It is the intent of the Corporation that the Plan and Awards hereunder satisfy, and be interpreted in a manner that satisfy, (i) in the case of Participants
who are or may be Executive Officers, the applicable requirements of Rule 16b-3 under the Exchange Act, so that such persons will be entitled to the benefits of Rule 16b-3, or other exemptive rules under Section 16 of the Exchange Act, and will
not be subjected to avoidable liability under Section 16(b) of the Exchange Act; and (ii) in the case of Performance Compensation Awards to Covered Employees, the applicable requirements of Code Section 162(m); and (iii) either
the requirements for exemption under Section 409A or the requirements of Section 409A. If any provision of this Plan or of any Award Agreement would otherwise frustrate or conflict with the intent expressed in this Section 8(f), that
provision to the extent possible shall be interpreted and deemed amended so as to avoid such conflict. To the extent of any remaining irreconcilable conflict with such intent, such provision shall be deemed void as to Executive Officers or Covered
Employees, as applicable. 

  

 10 

	 	 g.
	 The Committee may appoint such accountants, counsel, and other experts as it deems necessary or desirable in connection with the administration of the Plan.

  

	 	 h.
	 The Committee may delegate, and revoke the delegation of, all or any portion of its authority and powers to the Chief Executive Officer of the Corporation,
except that the Committee may not delegate any discretionary authority with respect to substantive decisions or functions regarding the Plan or Awards to the extent inconsistent with the intent expressed in Section 8(f) or to the extent
prohibited by applicable law. 

 Section 9: Adjustment Provisions 
  

	 	 a.
	 In the event of any change in or affecting the outstanding shares of Stock by reason of a stock dividend or split, merger or consolidation (whether or not the
Corporation 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, the Board of Directors shall make or
take such amendments to the Plan and outstanding Awards and Award Agreements and such adjustments and actions thereunder as it deems appropriate, in its sole discretion, under the circumstances. Such amendments, adjustments and actions may include,
but are not limited to, changes in the number of shares of Stock then remaining subject to the Plan, and the maximum number of shares that may be granted or delivered to any single Participant pursuant to the Plan, including those that are then
covered by outstanding Awards, or accelerating the vesting of outstanding Awards. 

  

	 	 b.
	 The existence of the Plan and the Awards granted hereunder shall not affect or restrict in any way the right or power of the Board of Directors or the
shareowners of the Corporation to make or authorize any adjustment, recapitalization, reorganization or other change in the capital structure of its business, any merger or consolidation of the Corporation, any issue of bonds, debentures, preferred
or prior preference stock ahead of or affecting the Stock or the rights thereof, the dissolution or liquidation of the Corporation or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding.

 Section 10: Miscellaneous 
  

	 	 a.
	 Change of Control. Except as otherwise determined by the Committee at the time of the grant of an Award, and except as is necessary to satisfy the
requirements for exemption under Section 409A or the requirements of Section 409A (in which event, the Committee may determine to modify the definition of Change of Control in order to satisfy such requirements), upon a Change of Control,
all outstanding Stock Options and SARs shall become vested and exercisable; all restrictions on Restricted Stock shall lapse; all performance goals shall be deemed achieved at levels determined by the Committee and all other terms and conditions
met; all Performance Units and Performance Shares shall be paid out as promptly as practicable; and all other Awards shall be delivered or paid. 

  

 11 

	 	 b.
	 Nonassignability. Except as otherwise provided by the Committee, no Award shall be assignable or transferable except by will or by the laws of descent and
distribution. 

  

	 	 c.
	 Other Payments or Awards. Nothing contained in the Plan shall be deemed in any way to limit or restrict the Corporation or a Subsidiary from making any
award or payment to any person under any other plan, arrangement or understanding, whether now existing or hereafter in effect. 

  

	 	 d.
	 Payments to Other Persons. If payments are legally required to be made to any person other than the person to whom any payment is provided to be made
under the Plan, the payments shall be made accordingly; provided however, to the extent that such payments would cause an Award to fail to satisfy the requirements for exemption under Section 409A or the requirements of
Section 409A, the Committee may determine in its sole discretion not to make such payments in such manner. Any such payment shall be a complete discharge of the liability hereunder. 

  

	 	 e.
	 Unfunded Plan. The Plan shall be unfunded. No provision of the Plan or any Award Agreement shall require the Corporation or a Subsidiary, for the purpose
of satisfying any obligations under the Plan, to purchase assets or place any assets in a trust or other entity to which contributions are made or otherwise to segregate any assets, nor shall the Corporation or a Subsidiary maintain separate bank
accounts, books, records or other evidence of the existence of a segregated or separately maintained or administered fund for such purposes. Participants shall have no rights under the Plan other than as unsecured general creditors of the
Corporation or a Subsidiary, except that insofar as they may have become entitled to payment of additional compensation by performance of services, they shall have the same rights as other employees under generally applicable law.

  

	 	 f.
	 Limits of Liability. Any liability of the Corporation or a Subsidiary to any Participant with respect to an Award shall be based solely upon contractual
obligations created by the Plan and the Award Agreement. Neither the Corporation or its Subsidiaries, nor any member of the Board of Directors or of the Committee, nor any other person participating in any determination of any question under the
Plan, or in the interpretation, administration or application of the Plan, shall have any liability to any party for any action taken, or not taken, in good faith under the Plan. 

  

	 	 g.
	 Rights of Employees. Status as an eligible Employee shall not be construed as a commitment that any Award shall be made under the Plan to such eligible
Employee or to eligible Employees generally. Nothing contained in the Plan or in any Award Agreement shall confer upon any Employee or Participant any right to continue in the employ or other service of the Corporation or a Subsidiary or constitute
any contract or limit in any way the right of the Corporation or a Subsidiary to change such person’s compensation or other benefits or to terminate the employment or other service of such person with or without cause. A transfer of an Employee
from the Corporation to a Subsidiary, or vice versa, or from one Subsidiary to another, and a leave of absence, duly authorized by the Corporation, shall not be deemed a termination of employment or other service; provided, however,
that, to the extent that Section 409A is applicable to an Award, Section 409A’s definition of “separation of service”, to the extent contradictory, may apply to determine when a Participant becomes entitled to a distribution
upon termination of employment. 

  

	 	 h.
	 Rights as a Shareowner. A Participant shall have no rights as a shareowner with respect to any Stock covered by an Award until the date the Participant
becomes the holder of record thereof. Except as provided in Section 9, no adjustment shall be made for dividends or other rights, unless the Award Agreement specifically requires such adjustment. 

  

 12 

	 	 i.
	 Withholding. Applicable taxes, to the extent required by law, shall be withheld in respect of all Awards. A Participant may satisfy the withholding
obligation by paying the amount of any taxes in cash or, with the approval of the Committee, shares of Stock may be delivered to the Corporation or deducted from the payment to satisfy the obligation in full or in part. The amount of the withholding
and the number of shares of Stock to be paid or deducted in satisfaction of the withholding requirement shall be determined by the Committee with reference to the Fair Market Value of the Stock when the withholding is required to be made;
provided, however, that the amount of withholding to be paid in respect of Options exercised through the cashless method in which all shares of Stock for which the Options are exercised are immediately sold shall be determined by
reference to the price at which said shares are sold. The Corporation shall have no obligation to deliver any Stock pursuant to the grant or settlement of any Award until it has been reimbursed for all required withholding taxes.

  

	 	 j.
	 Section Headings. The section headings contained herein are for the purpose of convenience only, and in the event of any conflict, the text of the Plan,
rather than the section headings, shall control. 

  

	 	 k.
	 Construction. In interpreting the Plan, the masculine gender shall include the feminine, the neuter gender shall include the masculine or feminine, and
the singular shall include the plural unless the context clearly indicates otherwise. Any reference to a statutory provision or a rule under a statute shall be deemed a reference to that provision or any successor provision unless the context
clearly indicates otherwise. 

  

	 	 l.
	 Invalidity. If any term or provision contained herein or in any Award Agreement shall to any extent be invalid or unenforceable, such term or provision
will be reformed so that it is valid, and such invalidity or unenforceability shall not affect any other provision or part thereof. 

  

	 	 m.
	 Applicable Law. The Plan, the Award Agreements and all actions taken hereunder or thereunder shall be governed by, and construed in accordance with, the
laws of the State of Delaware without regard to the conflict of law principles thereof. 

  

	 	 n.
	 Compliance with Laws. Notwithstanding anything contained herein or in any Award Agreement to the contrary, the Corporation shall not be required to sell,
issue or deliver shares of Stock hereunder or thereunder if the sale, issuance or delivery thereof would constitute a violation by the Participant or the Corporation of any provisions of any law or regulation of any governmental authority or any
national securities exchange; and as a condition of any sale or issuance the Corporation may require such agreements or undertakings, if any, as the Corporation may deem necessary or advisable to assure compliance with any such law or regulation.

  

	 	 o.
	 Supplementary Plans. The Committee may authorize Supplementary Plans applicable to Employees subject to the tax laws of one or more countries other than
the United States and providing for the grant of Non-Qualified Stock Options, SARs, Restricted Stock or Performance Shares to such Employees on terms and conditions, consistent with the Plan, determined by the Committee which may differ from the
terms and conditions of other Awards in those forms pursuant to the Plan for the purpose of complying with the conditions for qualification of Awards for favorable treatment under foreign tax laws. Notwithstanding any other provision hereof, Options
granted under any Supplementary Plan shall include provisions that conform with Sections 4(a)(i), (ii) and (iii); SARs granted under any Supplementary Plan shall include provisions that conform with Section 4(b); Restricted Stock granted
under any Supplementary Plan shall include provisions that conform with Section 4(c); and Performance Shares granted under any Supplementary Plan shall include provisions that conform with Section 4(e). 

  

 13 

	 	 p.
	 Effective Date and Term. The Plan was adopted by the Board of Directors effective as of December 1, 1999, subject to approval by the
Corporation’s shareowners. The Plan was amended effective as of January 1, 2005 to make changes in respect of Section 409A. The Committee may grant Awards prior to shareowner approval; provided, however, that Awards
granted prior to such shareowner approval shall be automatically canceled if shareowner approval is not obtained on or before November 30, 2000; and provided, further, that no Award may be exercisable and no shares of Stock shall
be delivered pursuant to the Plan prior to the date shareowner approval is obtained. The Plan shall remain in effect until all Awards under the Plan have been exercised or terminated under the terms of the Plan and applicable Award Agreements;
provided, however, that Awards under the Plan may be granted only within ten (10) years from the effective date of the Plan. 

  

 14Forms of Stock Option Agreement

 Exhibit 10.5 
 December     , 2007 
 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. 2000
Long-Term Incentives Plan, as amended (the “Plan”): 
  

								
	 Date of Grant
	  	Type of Grant	  	Number of Shares	  	Option Price
	 12/        /2007
	  	ISO	  		  	$	 
	 12/        /2007
	  	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. 

  

 A 

 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 January 31, 2008, 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
	 	
	  
 Employee
ID:                                       
                                        
                    
	 	 Senior Vice President,
 General Counsel and Secretary

 Enclosures 
  

 2 

 ROCKWELL AUTOMATION, INC. 
 2000 LONG-TERM INCENTIVES PLAN, AS AMENDED 
 STOCK OPTION TERMS AND CONDITIONS

 (December     , 2007) 
  

	 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 December     ,
2007 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 2000 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 December     ,
2007 to which they are attached. 

  

 3 

	 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 December     , 2008 and ending on December     , 2017, 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 December     , 2009 and ending on December     , 2017, and as to the balance of the Option Stock granted as
NQs and ISOs during the period beginning on December     , 2010 and ending on December     , 2017, 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 December     , 2008, 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 December     , 2008 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; or if you retire prior to age 62, the earlier of (x) the fifth anniversary of your retirement date or (y) such earlier date as
the Committee shall determine by action taken not later than 60 days after your retirement date; and 

  

	 	 (iv)
	 if your employment by the Corporation terminates on or after December     , 2008 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. 
  

 4 

 In no event shall the provisions of the foregoing subparagraphs (a) and
(b) extend to a date after December     , 2017 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. 

  

 5 

	 	 (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. 

  

 6 

	 	 (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. 
  

 7 

	 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

  

 8 

 Exhibit 1 
  

	
	 THE CHARLES SCHWAB & COMPANY
 Exercise Request and Attestation Form - Stock Swap Method

			
	Fax # (720) 785-8884	 	Account Information

 Charles Schwab & Co.
Account  #:                                       
                             -          
          
  

									
	    Name:
	  	                                       
                                        
                         
	  		  		  	 Daytime Phone Number: (            )
                                        
            

					
	    Address:
	  	                                       
                                        
                         
	  		  		  	
					
		  	                                       
                                        
                         
	  		  		  	 Home Phone Number:      (            )
                                        
           

					
	 	  	 	  	 	  	 	  	 

 Grants to Exercise 

			
	 I hereby elect to exercise the option(s) shown below using the stock swap method of exercise. This Exercise Request Form includes complete
attestation information, which indicates the shares to which I am attesting in order to pay the exercise price of my options. I must submit sufficient cash to cover one full share per grant before my exercise will be processed (cash, check
or wire).
	 	

  

															
	 Option GrantID
	 	 Option Grant Date
 (mm/dd/yy)
	 	 Type
 (Incentive/Non-Statutory)
	 	 Option Grant
 Price
	 	X	 	 Number of Options to
 Exercise*
	 	=	 	 Option Exercise
 Price

	                                       
  
	 	                                       
  
	 	                                       
  
	 	                                       
  
	 		 	                                       
  
	 		 	                                       
  

	                                       
  
	 	                                       
  
	 	                                       
  
	 	                                       
  
	 		 	                                       
  
	 		 	                                       
  

	                                       
  
	 	                                       
  
	 	                                       
  
	 	                                       
  
	 		 	                                       
  
	 		 	                                       
  

	                                       
  
	 	                                       
  
	 	                                       
  
	 	                                       
  
	 		 	                                       
  
	 		 	                                       
  

 * Indicate a number of shares you wish to exercise. 
 Attestation 

			
	 Although Charles Schwab has not required me to make actual delivery of my certificates or shares held at another brokerage and I will retain
ownership of the shares, I Certify that I have held the Common Stock that I am tendering for at least six (6) months, and that the shares have not been used for attestation in a Stock Swap for one full year. **
	 	

  

									
	 Held in Certificate(s)
 or another Brokerage
 Account*
	 	 Number of
 Shares Attested
	 	 Acquired by Stock Option Plan Exercise
 if YES, indicate ISO or NSO
 (Indicate NO or Yes-ISO or YES-NSO)
	 	 Date(s)
 of

 Acquisition
	 	 Tax Basis
 for Your
 Records**

	                                       
                        
	 	                                       
       
	 	                                       
                        
	 	                                     
	 	                                    
 

	                                       
                        
	 	                                       
       
	 	                                       
                        
	 	                                     
	 	                                    
 

	                                       
                        
	 	                                       
       
	 	                                       
                        
	 	                                     
	 	                                    
 

 Charles Schwab & Co. 
 Account Number:                                       
                                   
     -                     
  

	    * ATTENTION:
	 If shares are held in more than one name, both holders must sign below 

    ** The swap of ISO shares within a year of original exercise may have adverse tax implications. Consult your tax advisor. 
  

  
 Irrevocable Tax Election 
 Charles Schwab will automatically sell some shares to cover
any applicable withholding taxes and fees unless you elect otherwise below. 
 Choice A 
  

					
		 	 (    )       In addition to attesting to shares for the exercise price,
I want to prepay any applicable withholding taxes from my existing cash balance in my Charles Schwab account or by enclosed check. I understand that if my total funds are not sufficient to cover these amounts, Charles Schwab will sell some shares to
cover the shortfall.
	 	

 Choice
B                 (For US Taxpayers only/use for non-statutory options only) 

					
		 	 (    )       I want to prepay my exercise price using the attestation
procedures, and I elect to use share withholding from shares exercised for the payment of any applicable taxes.
	 	

									
					
	 	  	 	  	 	  	 	  	 

 Signature 

			
	 I hereby confirm that the above information is correct, attest to the ownership of the shares of the company
Common Stock described under Attestation and tender such shares for the purposes set forth above.
  
 I understand and agree that this exercise will be processed in accordance with the Terms and Conditions governing my Charles Schwab
Account and the company stock option plan under which my options were granted.
	 	

											
						
	    Your Signature:
	 	 	 		 	 Today’s Date:
	 	 	 	
		 		 		 		 		 	

											
						
	    Joint Signature:
	 	 	 		 	 Today’s Date:
	 	 	 	
		 		 		 		 		 	

  

 NOTICE OF EXERCISE FORM 
 FOR CORPORATE OFFICERS 
  

	 To:
	 Rockwell Automation, Inc. 

	     
	 Office of the Secretary 

	     
	 1201 South Second Street 

	     
	 E-7F19 

	     
	 Milwaukee, WI 53204 

 Fax No. (414) 382-4013 
 1.    OPTIONS EXERCISED: Subject to the terms and
conditions of the Stock Option Agreement dated December     , 2007, with Rockwell Automation, Inc. (Rockwell Automation), I hereby exercise the following stock option(s) granted thereunder: 
  

							
	 Date of Grant
	 	 Number of Shares
	 	 Exercise Price
	 	 Total Purchase Price

	                                       
            
	 	                                       
            
	 	            $                         
           	 	            $                         
           
	                                       
            
	 	                                       
            
	 	            $                         
           	 	            $                         
           
	                                       
            
	 	                                       
            
	 	            $                         
           	 	            $                         
           

 2.    PAYMENT: The following must be received by
Charles Schwab & Co., Inc. (Charles Schwab) within three business days following the date of exercise: 
  

	 	 •
	 	 A check payable to the Rockwell Automation Employee Stock Option Program or a wire transfer to Charles Schwab for credit to the Rockwell Automation Employee
Stock Option Program in the amount of the Total Purchase Price of the above-itemized stock option(s); or 

  

	 	 •
	 	 A number of shares of Rockwell Automation Common Stock surrendered or sold to pay the Total Purchase Price of the above-itemized stock option(s); or

  

	 	 •
	 	 A combination of (i) a check payable to the Rockwell Automation Employee Stock Option Program or a wire transfer to Charles Schwab for credit to the
Rockwell Automation Employee Stock Option Program, and (ii) a number of Shares surrendered or sold; which together amount to the Total Purchase Price of the above-itemized stock option(s). 

 If full payment of the Total Purchase Price of the stock option(s) listed in Item 1 is not delivered within three (3) business days
after the exercise date, Rockwell Automation is authorized forthwith to set off the balance due against any amounts due or which may become due me to satisfy my obligation to pay the Total Purchase Price. 
 This Stock Option Exercise may not be revoked or changed after delivery of this form, properly completed, dated and signed, to Rockwell Automation
whether or not payment accompanies this form and whether this form is dated before, on or after the date of such receipt. 
  

	
	 Signature                                     
                                        
                                        
  

	
	 Print
Name                                       
                                        
                                    

	
	 Date                                      
                                        
                                        
          

 B 

 ROCKWELL AUTOMATION, INC. 
 2000 LONG-TERM INCENTIVES PLAN, AS AMENDED 
 STOCK OPTION TERMS AND CONDITIONS

 (December     , 2007) 
  

	 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
December     , 2007 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 2000 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
December     , 2007 to which they are attached. 

  

 11 

	 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 December     , 2008 and ending on December     , 2017, 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 December     , 2009 and ending on December     , 2017, and as to the balance of the Option Stock granted as
NQs and ISOs during the period beginning on December     , 2010 and ending on December     , 2017, 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 December     , 2008, 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 December     , 2008 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; or if you retire prior to age 62, the earlier of (x) the fifth anniversary of your retirement date or (y) such earlier date as
the Committee shall determine by action taken not later than 60 days after your retirement date; and 

  

	 	 (iv)
	 if your employment by the Corporation terminates on or after December     , 2008 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 December     , 2017 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 

  

 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.

  

	 	 (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.

  

 14 

	 	 (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. 

  

	 4.
	 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. 
  

	 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.

  

 15 

	 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

  

 16 

 Exhibit 1 
  

	
	 THE CHARLES SCHWAB & COMPANY
 Exercise Request and Attestation Form - Stock Swap Method

			
	Fax # (720) 785-8884	 	Account Information

 Charles Schwab & Co.
Account  #:                                       
                             -          
          
  

									
	    Name:
	  	                                       
                                        
                         
	  		  		  	 Daytime Phone Number: (            )
                                        
            

					
	    Address:
	  	                                       
                                        
                         
	  		  		  	
					
		  	                                       
                                        
                         
	  		  		  	 Home Phone Number:      (            )
                                        
           

					
	 	  	 	  	 	  	 	  	 

 Grants to Exercise 

			
	 I hereby elect to exercise the option(s) shown below using the stock swap method of exercise. This Exercise Request Form includes complete
attestation information, which indicates the shares to which I am attesting in order to pay the exercise price of my options. I must submit sufficient cash to cover one full share per grant before my exercise will be processed (cash, check
or wire).
	 	

  

															
	 Option GrantID
	 	 Option Grant Date
 (mm/dd/yy)
	 	 Type
 (Incentive/Non-Statutory)
	 	 Option Grant
 Price
	 	X	 	 Number of Options to
 Exercise*
	 	=	 	 Option Exercise
 Price

	                                       
  
	 	                                       
  
	 	                                       
  
	 	                                       
  
	 		 	                                       
  
	 		 	                                       
  

	                                       
  
	 	                                       
  
	 	                                       
  
	 	                                       
  
	 		 	                                       
  
	 		 	                                       
  

	                                       
  
	 	                                       
  
	 	                                       
  
	 	                                       
  
	 		 	                                       
  
	 		 	                                       
  

	                                       
  
	 	                                       
  
	 	                                       
  
	 	                                       
  
	 		 	                                       
  
	 		 	                                       
  

 * Indicate a number of shares you wish to exercise. 
 Attestation 

			
	 Although Charles Schwab has not required me to make actual delivery of my certificates or shares held at another brokerage and I will retain
ownership of the shares, I Certify that I have held the Common Stock that I am tendering for at least six (6) months, and that the shares have not been used for attestation in a Stock Swap for one full year. **
	 	

  

									
	 Held in Certificate(s)
 or another Brokerage
 Account*
	 	 Number of
 Shares Attested
	 	 Acquired by Stock Option Plan Exercise
 if YES, indicate ISO or NSO
 (Indicate NO or Yes-ISO or YES-NSO)
	 	 Date(s)
 of

 Acquisition
	 	 Tax Basis
 for Your
 Records**

	                                       
                        
	 	                                       
       
	 	                                       
                        
	 	                                     
	 	                                    
 

	                                       
                        
	 	                                       
       
	 	                                       
                        
	 	                                     
	 	                                    
 

	                                       
                        
	 	                                       
       
	 	                                       
                        
	 	                                     
	 	                                    
 

 Charles Schwab & Co. 
 Account Number:                                       
                                   
     -                     
  

	    * ATTENTION:
	 If shares are held in more than one name, both holders must sign below 

    ** The swap of ISO shares within a year of original exercise may have adverse tax implications. Consult your tax advisor. 
  

  
 Irrevocable Tax Election 
 Charles Schwab will automatically sell some shares to cover
any applicable withholding taxes and fees unless you elect otherwise below. 
 Choice A 
  

					
		 	 (    )       In addition to attesting to shares for the exercise price,
I want to prepay any applicable withholding taxes from my existing cash balance in my Charles Schwab account or by enclosed check. I understand that if my total funds are not sufficient to cover these amounts, Charles Schwab will sell some shares to
cover the shortfall.
	 	

 Choice
B                 (For US Taxpayers only/use for non-statutory options only) 

					
		 	 (    )       I want to prepay my exercise price using the attestation
procedures, and I elect to use share withholding from shares exercised for the payment of any applicable taxes.
	 	

									
					
	 	  	 	  	 	  	 	  	 

 Signature 

			
	 I hereby confirm that the above information is correct, attest to the ownership of the shares of the company
Common Stock described under Attestation and tender such shares for the purposes set forth above.
  
 I understand and agree that this exercise will be processed in accordance with the Terms and Conditions governing my Charles Schwab
Account and the company stock option plan under which my options were granted.
	 	

											
						
	    Your Signature:
	 	 	 		 	 Today’s Date:
	 	 	 	
		 		 		 		 		 	

											
						
	    Joint Signature:
	 	 	 		 	 Today’s Date:
	 	 	 	
		 		 		 		 		 	

  
 B

 NOTICE OF EXERCISE FORM 
 FOR CORPORATE OFFICERS 
  

	 To:
	 Rockwell Automation, Inc. 

	     
	 Office of the Secretary 

	     
	 1201 South Second Street 

	     
	 E-7F19 

	     
	 Milwaukee, WI 53204 

  

	     
	 Fax No. (414) 382-4013 

 1.    OPTIONS EXERCISED: Subject to the terms and conditions of the Stock Option Agreement dated December     , 2007, with Rockwell Automation, Inc. (Rockwell
Automation), I hereby exercise the following stock option(s) granted thereunder: 
  

							
	 Date of Grant
	 	 Number of Shares
	 	 Exercise Price
	 	 Total Purchase Price

	                                       
            
	 	                                       
            
	 	            $                         
           	 	            $                         
           
	                                       
            
	 	                                       
            
	 	            $                         
           	 	            $                         
           
	                                       
            
	 	                                       
            
	 	            $                         
           	 	            $                         
           

 2.    PAYMENT: The following must be received by
Charles Schwab & Co. Inc. (Charles Schwab) within three business days following the date of exercise: 
  

	 	 •
	 	 A check payable to the Rockwell Automation Employee Stock Option Program or a wire transfer to Charles Schwab for credit to the Rockwell Automation Employee
Stock Option Program in the amount of the Total Purchase Price of the above-itemized stock option(s); or 

  

	 	 •
	 	 A number of shares of Rockwell Automation Common Stock surrendered or sold to pay the Total Purchase Price of the above-itemized stock option(s); or

  

	 	 •
	 	 A combination of (i) a check payable to the Rockwell Automation Employee Stock Option Program or a wire transfer to Charles Schwab for credit to the
Rockwell Automation Employee Stock Option Program, and (ii) a number of Shares surrendered or sold; which together amount to the Total Purchase Price of the above-itemized stock option(s). 

 If full payment of the Total Purchase Price of the stock option(s) listed in Item 1 is not delivered within three (3) business days
after the exercise date, Rockwell Automation is authorized forthwith to set off the balance due against any amounts due or which may become due me to satisfy my obligation to pay the Total Purchase Price. 
 This Stock Option Exercise may not be revoked or changed after delivery of this form, properly completed, dated and signed, to Rockwell Automation
whether or not payment accompanies this form and whether this form is dated before, on or after the date of such receipt. 
  

	
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	 Print
Name                                       
                                        
                                    

	
	 Date                                      
                                        
                                        
          

 L1

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