SEC Contract Filing

Filing Date: 2022-02-16

Document Content:
<DOCUMENT>
<TYPE>EX-10.44
<SEQUENCE>20
<FILENAME>a1044jmazelskystockoptiona.htm
<DESCRIPTION>EX-10.44
<TEXT>
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<title>Document</title></head><body><div id="i51ee02215ebb4d7ca07047af82f2c654_1"></div><div style="min-height:72.72pt;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Exhibit 10.44</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">CEO Stock Option Agreement</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Granted Under IDEXX Laboratories, Inc. 2018 Stock Incentive Plan</font></div><div><font><br></font></div></div><div style="width:100.000%"><div style="display:inline-block;vertical-align:top;width:47.825%"><div style="margin-bottom:12pt;padding-right:-9.55pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%;text-decoration:underline">1. Grant of Option.</font></div><div style="margin-bottom:12pt;padding-left:5.75pt;text-indent:14.4pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(a)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%;padding-left:6.09pt">Grant.</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> IDEXX Laboratories, Inc., a Delaware corporation (the &#8220;Company&#8221;), pursuant to the Company&#8217;s 2018 Stock Incentive Plan (the &#8220;Plan&#8221;) and this Employee Stock Option Agreement, including any exhibit, appendix or addendum hereto (the &#8220;Agreement&#8221;), hereby grants to the employee named on the opposite side of this Agreement (the &#8220;Optionee&#8221;) an option to purchase, in whole or in part, the number of shares of common stock, par value $0.10 per share, of the Company (&#8220;Shares&#8221;) at a price per Share as noted on the opposite side of this Agreement, subject to the terms and conditions of this Agreement, the Plan and the description of the Plan set forth in the Plan Prospectus. The Plan and the Plan Prospectus are provided to the Optionee with this Agreement. Capitalized terms not otherwise defined in this Agreement shall have the meanings set forth in the Plan or the Plan Prospectus.</font></div><div style="margin-bottom:12pt;padding-left:5.75pt;text-indent:14.4pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(b)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%;padding-left:5.65pt">Restrictive Covenant Agreements.</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> Optionee acknowledges and affirms that&#58; (i) Optionee is subject to non-competition, non-solicitation and&#47;or confidentiality provisions set forth in one or more agreements with the Company or any of its Affiliates (including, as applicable, employment, consulting or advisory contracts&#59; confidentiality and nondisclosure agreements&#59; or other agreements&#59; in each case as may be amended, supplemented or replaced from time to time) (collectively, the &#8220;Restrictive Covenant Agreements&#8221;)&#59; (ii) this Option is granted in consideration of Optionee&#8217;s agreement to be bound by the Optionee&#8217;s Restrictive Covenant Agreements&#59; (iii) if the Company requests that Optionee execute updated Restrictive Covenant Agreements, the vesting of this Option is conditioned on Optionee&#8217;s execution and delivery of such updated Restrictive Covenant Agreements in a manner and by a date satisfactory to the Company in its sole discretion, and the failure of Optionee to so execute and deliver any such requested updated Restrictive Covenant Agreement by such date will result in the immediate cancellation of, and automatic forfeiture of any rights Optionee may have with respect to, this Option&#59; and (iv) Optionee agrees to comply with the restrictions and obligations set forth in Optionee&#8217;s Restrictive Covenant Agreements.</font></div><div style="margin-bottom:12pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%;text-decoration:underline">2. Type of Stock Option.</font></div><div style="margin-bottom:12pt;padding-left:5.75pt;text-indent:14.4pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">If the opposite side of this Agreement indicates that this Option is an &#8220;Incentive Stock Option&#8221;, this Option is intended to qualify as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time to time (the &#8220;Code&#8221;). If the opposite side of this Agreement indicates that this Option is a &#8220;Non-Qualified Stock Option&#8221;, this Option shall not be considered an incentive stock option as defined by Section 422 of the Code.</font></div><div style="margin-bottom:12pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%;text-decoration:underline">3. Exercise of Option and Provisions for Termination.</font></div><div style="margin-bottom:12pt;padding-left:5.75pt;text-indent:14.4pt"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(a)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%;padding-left:6