Document:

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                                                                Exhibit 10.10
                            GARDNER DENVER, INC.
                 NONEMPLOYEE DIRECTOR STOCK OPTION AGREEMENT

This Agreement is made between Gardner Denver, Inc., a Delaware corporation,
having its principal executive office in Quincy, Illinois (the "Company"),
and the undersigned, a nonemployee director of the Company (the "Director").

The parties have agreed as follows:

     1. Pursuant to the Gardner Denver, Inc. Long-Term Incentive Plan, as
     amended, (the "Plan"), the Company grants to the Director a
     nonstatutory option to purchase the number of shares of the Company's
     common stock, par value $0.01 per share (the "Shares"), specified
     above, at the price specified above, subject to the following
     conditions:

     (a) Subject to Sections 2 and 6, the option rights are fully
         exercisable on the first anniversary of the date of grant of this
         option (the "Grant Date").

     (b) During the lifetime of the Director, the option rights are
         exercisable only by the Director or the Director's legal
         representative.

     (c) The option rights shall expire at the Expiration Date specified
         above, or at such earlier time as may be provided by Sections 2 and
         10, or by cash payments made in cancellation pursuant to Section 6,
         and such option rights shall not be exercisable after such
         expiration.

     2. Subject to Section 10, if the Director shall cease to serve as a
     director of the Company by reason of retirement in accordance with any
     retirement plan or policy of the Company then in effect or by reason of
     disability during service as a director, option rights not otherwise
     fully exercisable at the time of such retirement or cessation of
     service as a director due to disability shall become fully exercisable
     upon such retirement or cessation of service, and such option rights
     shall be exercisable for five years following such retirement or
     cessation of service (but not after the Expiration Date). Subject to
     Section 10, if the Director shall die during service as a director or
     shall die within the five-year period during which the option rights
     may be exercised following retirement or disability, option rights not
     otherwise fully exercisable at the time of the death of the Director
     shall become fully exercisable upon such death, and such option rights
     shall be exercisable for one year following such death (but not after
     the Expiration Date). Subject to Section 10, if after the expiration of
     one year from the Grant Date, the Director shall cease to serve as a
     director of the Company for any reason other than death, disability or
     retirement, the option rights shall continue to be exercisable for a
     period of 90 days after such cessation of service (but not after the
     Expiration Date).

     3. This option may be exercised by delivering to the Company at its
     principal executive office (directed to the attention of the Corporate
     Secretary) a written notice, signed by the Director or a person
     entitled to exercise the option by will or the laws of descent and
     distribution, as the case may be, of the election to exercise the
     option and stating the number of Shares in respect of which it is then
     being exercised. The option shall be deemed exercised as of the date
     the Company receives such notice. As an essential part of such notice,
     it shall be accompanied by payment of the full purchase price of the
     Shares then being purchased. In the event the option shall be exercised
     by any person other than the Director, such notice shall be accompanied
     by appropriate evidence of the right of such person to exercise the
     option. Payment of the full purchase price may be made in (a) cash, (b)
     Shares, or (c) any combination of cash and Shares, provided that any
     Shares used by the Director in payment of the purchase price must have
     been held by the Director for a period of more than six months, and
     provided further that the Company reserves the right to prohibit the
     use of Shares as payment of the purchase price. Shares used in payment
     of the purchase price shall be valued at the average of the high and
     low trading prices of such Shares on the composite tape of the New York
     Stock Exchange or as reported in the consolidated transaction reporting
     system for the date of exercise. Upon the proper exercise of the
     option, the Company shall issue in the name of the person exercising
     the option, and deliver to such person, a certificate or certificates
     for the Shares purchased, or shall otherwise properly evidence the
     purchase of such Shares in the Company's stock records. The Director
     shall have no rights as a stockholder in respect of any Shares as to
     which the option shall not have been effectively exercised as provided
     in this Agreement.

     4. This option shall not be exercisable if such exercise would violate
     (a) any applicable requirement under the Securities Act of 1933, as
     amended (the "Act"), the Securities Exchange Act of 1934, as amended,
     or the listing requirements of any stock exchange; (b) any applicable
     state securities law; or (c) any other applicable legal requirement.

     Furthermore, if a registration statement with respect to the Shares to
     be issued upon the exercise of this option is not in effect or if
     counsel for the Company deems it necessary or desirable in order to
     avoid possible violation of the Act, the

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     Company may require, as a condition to its issuance of the Shares, the
     delivery to the Company of a commitment in writing by the person
     exercising the option that at the time of such exercise it is the
     person's intention to acquire such Shares for the person's own account
     for investment only and not with a view to, or for resale in connection
     with, the distribution of such Shares, that such person understands
     that the Shares may be "restricted securities" as defined in Rule 144
     issued under the Act, and that any resale, transfer or other
     disposition of the Shares will be accomplished only in compliance with
     Rule 144, the Act, or other or subsequent applicable rules and
     regulations under the Act. The Company may place on the certificates
     evidencing such Shares an appropriate legend reflecting such commitment
     and the Company may refuse to permit transfer of such Shares until it
     has been furnished evidence satisfactory to it that no violation of the
     Act or the applicable rules and regulations would be involved in such
     transfer.

     5. This option and the related option rights are not assignable or
     transferable or subject to any disposition of the Director otherwise
     than by will or by the laws of descent and distribution.

     6. If (i) the Company is to be merged into or consolidated with one or
     more corporations and the Company is not to be the surviving
     corporation, (ii) the Company is to be dissolved and liquidated, (iii)
     substantially all the assets and business of the Company are to be
     sold, or (iv) there occurs a "change of control" of the Company, then
     the option rights not otherwise exercisable shall become fully
     exercisable. In the case of a change of control, (i) the Company shall
     make payment in cash to the Director in an amount equal to the
     appreciation in the value of the option from the purchase price
     specified in this Agreement to the "change of control price"; (ii) such
     cash payment shall be due and payable, and shall be paid by the
     Company, immediately upon the occurrence of the change of control; and
     (iii) after such payment, the Director shall have no further rights
     under this Agreement with respect to option rights outstanding at the
     time of the change of control. For purposes of this Agreement, a
     "change of control" and the "change of control price" shall be as
     defined in Section 2 of the Plan.

     7. The committee of the Board of Directors that administers the Plan
     (the "Committee") shall have authority, subject to the express
     provisions of the Plan, to construe this Agreement and the Plan, to
     establish, amend and rescind rules and regulations relating to the
     Plan, and to make all other determinations in the judgment of the
     Committee necessary or desirable for the administration of the Plan.
     The Committee may correct any defect or supply any omission or
     reconcile any inconsistency in the Plan or in this Agreement in the
     manner and to the extent it shall deem expedient to carry the Plan into
     effect. All action by the Committee under the provisions of this
     paragraph shall be conclusive for all purposes.

     8. The Director agrees to notify the Company promptly of the
     disposition, whether by sale, exchange or otherwise, of any Shares
     acquired pursuant to the exercise of this option if such disposition
     occurs within one year from the acquisition of the Shares. Such notice
     shall state the date and manner of disposition and the proceeds, if
     any, received by the Director.

     9. This Agreement and the option granted under this Agreement shall be
     subject to all of the provisions of the Plan as are in effect from time
     to time, which provisions of the Plan shall govern if there is any
     inconsistency between this Agreement and the Plan.

     10. If the Director, as individual or as a partner, employee, agent,
     advisor, consultant or in any other capacity of or to any person, firm,
     corporation or other entity, directly or indirectly, carries on any
     business, or becomes involved in any business activity, competitive
     with the Company or any subsidiary, the Committee in its sole
     discretion, may require the Director to forfeit immediately, without
     consideration from the Company, any portion of the option (including
     the right to purchase the underlying shares of Common Stock relating to
     such portion) which was not exercised prior to the event in violation
     of this Section 10. In such event, such portion of the option shall
     immediately become void and of no force and effect.

Document Name: GD - Nonemployee Director Stock Option Agreement
Library: Cleveland;  Document #: 200655v1

                                     2EXHIBIT 10.33
                                                                   -------------

                            ON TECHNOLOGY CORPORATION

                           STOCK RESTRICTION AGREEMENT
                           ---------------------------

         THIS IS AN AGREEMENT made as of the 28th day of December, 2000 between
ON Technology Corporation, a Delaware corporation (the "Company"), and Robert L.
Doretti (the "Stockholder").

         For valuable consideration, receipt of which is acknowledged, the
Company and the Stockholder agree as follows:

         1.   Purchase of Shares. Contemporaneously with the execution of this
Agreement, the Stockholder has exercised an option to purchase, subject to the
terms and conditions of this Agreement, 300,000 shares (the "Shares") of Common
Stock, $.01 par value per share, of the Company ("Common Stock"), at a purchase
price of $.10 per share. The aggregate purchase price for the Shares was paid by
the Stockholder by check payable to the order of the Company, or by such other
method as may be acceptable to the Company. The Stockholder agrees that both the
Shares and any other capital stock of the Company subsequently acquired by the
Stockholder will be subject to the repurchase option set forth in Section 2 and
the restrictions on transfer set forth in Section 3 of this Agreement.

         2.   Resale of Shares. If the Stockholder ceases to be employed by the
Company for any reason or for no reason:

              (a) at any time prior to February 1, 2001, the Stockholder shall
immediately sell and transfer to the Company all Shares held by the Stockholder;

              (b) at any time on or after February 1, 2001 but prior to May 1,
2002, the Stockholder shall be entitled to retain 75,000 Shares and shall
immediately sell and transfer to the Company 225,000 Shares held by the
Stockholder;

              (c) for each three month period commencing on (but including) May
1, 2002 and ending with (but including) February 1, 2004, the number of Shares
which the Stockholder shall be entitled to retain shall be increased by 18,750
Shares per three-month period and there shall be a corresponding decrease in the
number of Shares which the Stockholder would be required to sell and transfer to
the Company; and

              (d) after February 1, 2004, the Stockholder shall be entitled to
retain all Shares held by him;

              (e) Any Shares required to be transferred and sold by the
Stockholder to the Company shall be sold by the Stockholder and purchased by the
Company at $.10 per Share, such consideration to be paid by the Company in cash
or by check.
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              (f) Notwithstanding anything herein to the contrary, in the event
of a consolidation or merger in which the Company is not the surviving
corporation or results in a change of 50% or more of the Company's equity
securities, or in the event of the acquisition of all or substantially all of
the Company's outstanding Common Stock by a single person, entity or group of
persons or entities acting in concert, or in the event of the sale or the
transfer of all or substantially all of the assets of the Company, prior to the
fourth anniversary of the date hereof (each, an "Organic Event"), then, in
connection with, and immediately prior to, the consummation of such Organic
Event, the repurchase provisions of this Section 2 shall terminate and the
Stockholder may retain all Shares subject to this Agreement.

         3.   Restrictions on Transfer. The Stockholder shall not (directly or
indirectly through an agent, executor, heir, administrator, trustee, receiver,
conservator or other representative) sell, assign, exchange, encumber,
distribute, bequeath, transfer, pledge, hypothecate or otherwise dispose of, by
gift or otherwise (collectively "transfer"), any of the Shares, or any interest
therein, unless and until the Stockholder shall have complied with the
provisions of this Agreement. Notwithstanding the foregoing, the Stockholder may
transfer the Shares to the Company or to or for the benefit of any spouse, child
or grandchild, or to a trust for their benefit, or by will or the laws of
descent and distribution; provided, that such Shares shall remain subject to
this Agreement and such permitted transferee shall, as a condition to such
transfer, deliver to the Company a written instrument confirming that such
transferee shall be bound by all of the terms and conditions of this Agreement.

         4.   Effect of Prohibited Transfer. The Company will not be required
(a) to transfer on its books any of the Shares or other stock which have been
sold or transferred in violation of any of the provisions set forth in this
Agreement, or (b) to treat as owner of such Shares or other stock, or to pay
dividends to, any transferee to whom any such Shares or other stock have been so
sold or transferred. In addition, in the event that any Shares or other stock
are sold or transferred (including by operation of law or otherwise) in
violation of any of the provisions set forth in this Agreement, the Company will
have the right and option to purchase from the transferring Stockholder and any
purported transferee all of such Shares or other stock for a purchase price per
share equal to the price per share originally paid by the Stockholder pursuant
to this Agreement.

         5.   Termination of Agreement. This Agreement shall terminate upon the
earlier of (i) the satisfaction of all provisions set forth in Section 2 herein
or (ii) ten years from the date of this Agreement.

         6.   Restrictive Legend. All certificates representing Shares or other
capital stock subject to this Agreement will bear a legend in substantially the
following form, in addition to any other legends that may be required under
federal or state securities laws:

              "The shares of stock represented by this certificate are
              subject to restrictions on transfer and an option to
              purchase set forth in a certain Stock Restriction
              Agreement between the Company and the registered owner of
              this certificate (or his predecessor in interest), and
              such Agreement is available for inspection without charge
              at the office of the Treasurer of the Company."
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         7.   Investment Representations.  The Stockholder represents, warrants
and covenants as follows:

              (a) He is purchasing the Shares for his own account for investment
only, and not with a view to, or for sale in connection with, any distribution
of the Shares in violation of the Securities Act, or any rule or regulation
under the Securities Act.

              (b) He has had such opportunity as he has deemed adequate to
obtain from representatives of the Company such information as is necessary to
permit him to evaluate the merits and risks of his investment in the Company.

              (c) He has sufficient experience in business, financial and
investment matters to be able to evaluate the risks involved in the purchase of
the Shares and to make an informed investment decision with respect to that
purchase.

              (d) He can afford a complete loss of the value of the Shares and
is able to bear the economic risk of holding the Shares for an indefinite
period.

              (e) He understands that (i) the Shares have not been registered
under the Securities Act and are "restricted securities" within the meaning of
Rule 144 under the Securities Act, (ii) the Shares cannot be sold, transferred
or otherwise disposed of unless they are subsequently registered under the
Securities Act or an exemption from registration is then available; (iii) in any
event, the exemption from registration under Rule 144 will not be available for
at least two years and even then will not be available unless a public market
then exists for the Common Stock, adequate information concerning the Company is
then available to the public, and other terms and conditions of Rule 144 are
complied with; and (iv) there is now no registration statement on file with the
Securities and Exchange Commission with respect to any stock of the Company and
the Company has no obligation or current intention to register the Shares under
the Securities Act.

              (f) A legend substantially in the following form will be placed on
the certificate representing the Shares:

              "The shares represented by this certificate have not been
              registered under the Securities Act of 1933, as amended,
              and may not be sold, transferred or otherwise disposed of
              in the absence of an effective registration statement
              under such Act or an opinion of counsel satisfactory to
              the corporation to the effect that such registration is
              not required."

         8.   Adjustments for Stock Splits, Stock Dividends, etc. If from time
to time during the term of this Agreement there is any stock split-up, stock
dividend, stock distribution or other reclassification of the Common Stock of
the Company, any and all new, substituted or additional securities to which the
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Stockholder is entitled by reason of his ownership of the Shares or other
Company securities will be immediately subject to the restrictions on transfer
and the other provisions of this Agreement in the same manner and to the same
extent as the Shares, and the respective option prices shall be appropriately
adjusted.

         9.   Withholding Taxes.

              (a) The Stockholder acknowledges and agrees that the Company has
the right to deduct from payments of any kind otherwise due to the Stockholder
any federal, state or local taxes of any kind required by law to be withheld
with respect to the purchase of the Shares by the Stockholder.

              (b) If the Stockholder elects, in accordance with Section 83(b) of
the Internal Revenue Code of 1986, as amended, to recognize ordinary income in
the year of acquisition of the Shares, the Company will require at the time of
such election an additional payment for withholding tax purposes based on the
difference, if any, between the purchase price for such Shares and the fair
market value of such Shares as of the day immediately preceding the date of the
purchase of such Shares by the Stockholder.

         10.  Severability. The invalidity or unenforceability of an provision
of this Agreement will not affect the validity or enforceability of any other
provision of this Agreement, and each other provision of this Agreement will be
severable and enforceable to the extent permitted by law.

         11.  Waiver. Any provision contained in this Agreement may be waived,
either generally or in any particular instance, by the Board of Directors of the
Company.

         12.  Binding Effect. This Agreement is binding upon and shall inure to
the benefit of the Company and the Stockholder and their respective heirs,
executors, administrators, legal representatives, successors and assigns,
subject to the restrictions on transfer set forth in Section 3 of this
Agreement.

         13.  No Rights To Employment. Nothing contained in this Agreement is to
be construed as giving the Stockholder any right to be retained, in any
position, as an employee of the Company.

         14.  Notice. All notices required or permitted hereunder must be in
writing and are deemed effectively given upon personal delivery or upon deposit
in the United States Post Office, by registered or certified mail, postage
prepaid, addressed to the other party to this Agreement at the address shown
beneath such party's signature to this Agreement, or at such other address as
one party will designate to the other in accordance with this Section 14.

         15.  Pronouns. Whenever the context may require, any pronouns used in
this Agreement are deemed to include the corresponding masculine, feminine or
neuter forms, and the singular form of nouns and pronouns are deemed to include
the plural, and vice versa.
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         16.  Entire Agreement. This Agreement constitutes the entire agreement
between the parties, and supersedes all prior agreements and understandings,
relating to the subject matter of this Agreement.

         17.  Amendment. This Agreement may be amended or modified only by a
written instrument executed by both the Company and the Stockholder.

         18.  Governing Law. This Agreement is to be construed, interpreted and
enforced in accordance with the laws of the Commonwealth of Massachusetts.

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         IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the day and year first above written.

                                     ON TECHNOLOGY CORPORATION

                                     By:
                                         ------------------------
                                     Name:
                                     Title:

                                     Address:  880 Winter Street
                                               Waltham, MA  02451

                                     Stockholder:

                                     ----------------------------
                                     Robert L. Doretti

                                     Address:  297 Commonwealth Avenue, No. 5
                                               Boston, MA  02115

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