Document:

EX-10.3

EXHIBIT 10.3

NONQUALIFIED STOCK OPTION AGREEMENT

GRANTED TO:

DATE OF GRANT:

GRANTED PURSUANT TO: General Cable Corporation 2005 Stock Incentive Plan

NUMBER OF UNDERLYING SHARES:

EXERCISE PRICE:

VESTING SCHEDULE:

1. This Nonqualified Stock Option Agreement (the “Agreement”) is made and entered into as of
     (the “Date of Grant”) between General Cable Corporation, a Delaware corporation (the
“Company”), and      , as a participant (the “Participant”) in the General Cable
Corporation 2005 Stock Incentive Plan (the “Plan”), a copy of which is enclosed herewith.
Capitalized terms not defined herein shall have the meanings ascribed thereto in the Plan. It is
the intent of the Company and the Participant that the Option (as defined in Paragraph 2 below)
will not qualify as an “incentive stock option” under Section 422 of the Internal Revenue Code of
1986, as amended from time to time.

2. The Participant is granted an option to purchase      shares of the Common Stock of the
Company (the “Option”). The Option is granted as provided for under the Plan and is subject to the
terms and conditions set forth in the Plan and this Agreement. The Option granted hereunder is a
matter of separate inducement and is not in lieu of salary or other compensation for the services
of a Participant who is an employee of the Company or any of its Subsidiaries.

3. The Option’s exercise price is $    per share (the “Exercise Price”).

4. The Option shall become exercisable according to the vesting schedule set forth above and
shall remain exercisable, subject to Paragraph 5 below, until (i) an expiration date resulting from
the termination of the Participant’s employment in accordance with Section 14 of the Plan, or (ii)
a date established by the Committee within 60 days upon the occurrence of the Change in Control of
the Company in accordance with Section 13(a) or 13(c) of the Plan.

5. The Option, unless sooner terminated or exercised in full, shall expire on the tenth
anniversary of the Date of Grant and, notwithstanding anything herein to the contrary, no portion
of the Option may be exercised after such date.

6. During the Participant’s lifetime, the Option shall not be subject in any manner to
alienation, anticipation, sale, assignment, pledge, encumbrance or other transfer and shall be
exercisable only by the Participant. Upon the death of the Participant, (i) the Option shall be
exercisable only by the executor or administrator of the estate of the deceased Participant or the
person or persons to whom the deceased Participant’s rights with respect to the Option shall pass
by will or the laws of descent and distribution and (ii) the Option shall be exercisable in
accordance with Section 14 of the Plan.

7. The Participant may exercise the Option regardless of whether any other option that the
Participant has been granted by the Company remains unexercised. In no event may the Participant
exercise the Option for a fraction of a share or for the lesser of 100 shares or the remaining
exercisable shares.

8. Any notice of exercise of the Option shall be in writing addressed to the Corporate
Secretary of the Company at the principal place of business of the Company, specifying the Option
being exercised and the number of shares to be purchased. The Option’s Exercise Price shall be
paid by the Participant on the date the Option is exercised in accordance with Section 6(c) of the
Plan. Any shares of Common Stock delivered in payment of the Exercise Price shall be valued at
their Fair Market Value on the date the Option is exercised.

9. By his or her acceptance of this Agreement, the Participant agrees to reimburse the Company
for any taxes required by any government to be withheld or otherwise deducted and paid by the
Company with respect to the issuance or disposition of the shares subject to the Option. In lieu
thereof, the Company shall have the right to withhold the amount of such taxes from any other sums
due or to become due from the Company or a Subsidiary, as the case may be, to the Participant. The
Company may, in its discretion, hold the stock certificate or certificates to which the Participant
is entitled upon the exercise of the Option as security for the payment of such withholding tax
liability, until cash sufficient to pay that liability has been accumulated. In addition, at any
time that the Company becomes subject to a withholding obligation under applicable law with respect
to the exercise of the Option (the “Tax Date”), except as set forth below, a holder of the Option
may elect to satisfy, in whole or in part, the holder’s related personal tax liabilities (an
“Election”) by (a) directing the Company to withhold from shares issuable in the related exercise
either a specified number of shares or shares having a specified value (in each case not in excess
of the related personal tax liabilities), (b) tendering shares previously issued pursuant to the
exercise of an Award or other shares of the Company’s Common Stock owned by the holder or (c)
combining any or all of the foregoing Elections in any fashion. An Election shall be irrevocable.
The withheld shares and other shares of Common Stock tendered in payment shall be valued at their
Fair Market Value on the Tax Date. The Committee may disapprove of any Election, suspend or
terminate the right to make Elections or provide that the right to make Elections shall not apply
to particular shares or exercises. The Committee may impose any additional conditions or
restrictions on the right to make an Election as it shall deem appropriate, including any
limitations necessary to comply with Section 16 of the Exchange Act.

10. The Participant shall not have any of the rights of a shareholder with respect to the
shares of Common Stock underlying the Option until the Option is exercised and the Participant
receives such shares.

11. If the Company, in its sole discretion, shall determine that it is necessary, to comply
with applicable securities laws, the certificate or certificates representing the shares purchased
pursuant to the exercise of the Option shall bear an appropriate legend in form and substance, as
determined by the Company, giving notice of applicable restrictions on transfer under or with
respect to such laws.

12. The Participant covenants and agrees with the Company that if, at the time of exercise of
the Option, there does not exist a Registration Statement on an appropriate form under the
Securities Act of 1933, as amended (the “Act”), which Registration Statement shall have become
effective and shall include a prospectus that is current with respect to the shares subject to the
Option, (i) that he or she is purchasing the shares for his or her own account and not with a view
to the resale or distribution thereof, (ii) that any subsequent offer for sale or sale of any such
shares shall be made either pursuant to (x) a Registration Statement on an appropriate form under
the Act, which Registration Statement shall have become effective and shall be current with respect
to the shares being offered and sold, or (y) a specific exemption from the registration
requirements of the Act, but in claiming such exemption, the Participant shall, prior to any offer
for sale or sale of such shares, obtain a favorable written opinion from counsel for or approved by
the Company as to the applicability of such exemption and (iii) that the Participant agrees that
the certificate or certificates evidencing such shares shall bear a legend to the effect of the
foregoing.

13. This Agreement is subject to all terms, conditions, limitations and restrictions contained
in the Plan, which shall be controlling in the event of any conflicting or inconsistent provisions.
In the event, however, of any conflict between the provisions of this Agreement or the Plan and
the provisions of an employment or change-in-control agreement between the Company and the
Participant, as applicable, the provisions of the latter shall prevail.

14. This Agreement is not a contract of employment, as applicable, and the terms of the
Participant’s employment shall not be affected hereby or by any agreement referred to herein except
to the extent specifically so provided herein or therein. Nothing herein shall be construed to
impose any obligation on the Company to continue the employment of a Participant who is employed by
the Company or any of its Subsidiaries, and it shall not impose any obligation on the Participant’s
part to remain in the employ of the Company or any of its Subsidiaries. This Agreement shall be
governed by and construed in accord with the laws of the Commonwealth of Kentucky, excluding
principles of conflicts of law.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date written above.

GENERAL CABLE CORPORATION

By:

Name:

Title:

ACCEPTED:

By:

[Insert the name of the Participant]EX-10.4

EXHIBIT 10.4

RESTRICTED STOCK AGREEMENT

GRANTED TO:

DATE OF GRANT:

GRANTED PURSUANT TO: General Cable 2005 Stock Incentive Plan

NUMBER OF SHARES:

VESTING SCHEDULE:

1. This Restricted Stock Agreement (the “Agreement”) is made and entered into as of
     (the “Date of Grant”) between General Cable Corporation, a Delaware corporation (the
“Company”), and      , as a participant (the “Participant”) in the General Cable
Corporation 2005 Stock Incentive Plan (the “Plan”), a copy of which is enclosed herewith.
Capitalized terms not defined herein shall have the meanings ascribed thereto in the Plan.

2. The Participant is granted      shares of the Common Stock of the Company (the
“Restricted Stock”). The Restricted Stock is granted as provided for under the Plan and is subject
to the terms and conditions set forth in the Plan and this Agreement. This grant of Restricted
Stock will vest according to the vesting schedule set forth above.

3. The Restricted Stock granted hereunder shall be promptly issued and evidenced by a
certificate or certificates for such shares issued in the Participant’s name or by book entry at
the Company’s option. The Participant shall thereupon have all the rights of a shareholder with
respect to such shares, including, but not limited to, the right to vote such shares and to receive
all dividends and other distributions paid with respect to them; provided, however, that the shares
shall be subject to the restrictions on transferability in Paragraphs 5 and 6 below. Unless as
otherwise provided in this Paragraph 3, the Company shall hold the certificate or certificates for
such shares until the date the restrictions on transferability are removed in accordance with
Paragraphs 5 and 7 below. The Company may, in its sole discretion and at any time prior to the
date the restrictions on transferability are removed in accordance with Paragraphs 5 and 7 below,
require (i) that the stock certificate or certificates representing such shares shall be imprinted
with a legend stating that the shares represented thereby are the restricted shares subject to the
terms and conditions of this Agreement and, as such, may not be sold, exchanged, transferred,
pledged, hypothecated or otherwise disposed of except in accordance with the terms of this
Agreement, and if the Company makes such requirement, then each transfer agent for the Common Stock
shall be instructed to like effect with respect to such shares, and/or (ii) that the Participant
shall, upon receipt of the certificate or certificates therefor, deposit such certificate or
certificates together with a stock power or other like instrument of transfer, appropriately
endorsed in blank, with an escrow agent designated by the Company, which may be the Company, under
a deposit agreement containing such terms and conditions as the Company shall approve, with the
expenses of such escrow to be borne by the Company.

4. If under Section 12 of the Plan the Participant, as the owner of the shares of the
Restricted Stock, shall be entitled to new, additional or different shares of stock or securities,
(i) the Company may require that the certificate or certificates for, or other evidences of, such
new, additional or different shares or securities, together with a stock power or other instrument
of transfer appropriately endorsed, shall be imprinted with a legend as provided in Paragraph 3
above, be deposited by the Participant under the deposit agreement provided for therein, and (ii)
such certificate or certificates for, or other evidences of, such new, additional or different
shares or securities shall be subject to the restrictions on transferability as provided in
Paragraphs 5 and 6 below.

5. The shares of the Restricted Stock shall be subject to restrictions on transferability.
Subject to Paragraph 7 below, such restrictions shall be removed from such shares according to the
vesting schedule set forth above. Notwithstanding anything contained in this Agreement to the
contrary, all shares of the Restricted Stock shall become fully vested immediately upon the
occurrence of the Change in Control of the Company in accordance with Section 13 of the Plan.

6. During the period when the Restricted Stock is subject to the restrictions on
transferability, none of the shares of the Restricted Stock subject to such restrictions shall be
sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of except by will or the
laws of descent and distribution. Any attempt by the Participant to dispose of any shares of the
Restricted Stock in any such manner shall result in the immediate forfeiture of such shares and any
other shares then held by the Company or the designated escrow agent on the Participant’s behalf.

7. In the event of the termination of the employment of a Participant who is employed by the
Company or any of its Subsidiaries, the Participant’s shares of the Restricted Stock shall vest or
be forfeited, as applicable, in accordance with Section 14 of the Plan.

8. By his or her acceptance of this Agreement, the Participant agrees to reimburse the Company
for any taxes required by any government to be withheld or otherwise deducted and paid by the
Company in respect of the Restricted Stock. In lieu thereof, the Company shall have the right to
withhold the amount of such taxes from any other sums due or to become due from the Company or a
Subsidiary, as the case may be, to the Participant.

9. If the Company, in its sole discretion, shall determine that it is necessary, to comply
with applicable securities laws, the certificate or certificates representing any shares delivered
to the Participant under this Agreement shall bear an appropriate legend in form and substance, as
determined by the Company, giving notice of applicable restrictions on transfer under or with
respect to such laws.

10. The Participant covenants and agrees with the Company that if, with respect to any shares
of Common Stock delivered to the Participant pursuant to this Agreement, there does not exist a
Registration Statement on an appropriate form under the Securities Act of 1933, as amended (the
“Act”), which Registration Statement shall have become effective and shall include a prospectus
that is current with respect to the shares subject to this Agreement, (i) that he or she takes the
shares for his or her own account and not with a view to the resale or distribution thereof, (ii)
that any subsequent offer for sale or sale of any such shares shall be made either pursuant to (x)
a Registration Statement on an appropriate form under the Act, which Registration Statement shall
have become effective and shall be current with respect to the shares being offered and sold, or
(y) a specific exemption from the registration requirements of the Act, but in claiming such
exemption, the Participant shall, prior to any offer for sale or sale of such shares, obtain a
favorable written opinion from counsel for or approved by the Company as to the applicability of
such exemption and (iii) that the Participant agrees that the certificate or certificates
evidencing such shares shall bear a legend to the effect of the foregoing.

11. This Agreement is subject to all terms, conditions, limitations and restrictions contained
in the Plan, which shall be controlling in the event of any conflicting or inconsistent provisions.
In the event, however, of any conflict between the provisions of this Agreement or the Plan and
the provisions of an employment or change-in-control agreement between the Company and the
Participant, as applicable, the provisions of the latter shall prevail.

12. This Agreement is not a contract of employment, as applicable, and the terms of the
Participant’s employment shall not be affected hereby or by any agreement referred to herein except
to the extent specifically so provided herein or therein. Nothing herein shall be construed to
impose any obligation on the Company to continue the employment of a Participant who is employed by
the Company or any of its Subsidiaries, and it shall not impose any obligation on the Participant’s
part to remain in the employ of the Company or any of its Subsidiaries. This Agreement shall be
governed by and construed in accord with the laws of the Commonwealth of Kentucky, excluding
principles of conflicts of law.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date written above.

GENERAL CABLE CORPORATION

By:

Name:

Title:

ACCEPTED:

By:

[Insert the name of the Participant]

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