EXHIBIT 10.B
NAPCO SECURITY SYSTEMS, INC.
2000 NON-EMPLOYEE STOCK OPTION PLAN
(Extended 1990 Non-Employee Stock Option Plan)
1. Purpose of the Plan. This 2000 Non-Employee Stock Option Plan (hereinafter referred to as the "Plan"),
constituting a ten-year extension of the 1990 Non-Employee Stock Option Plan, is intended to encourage
ownership of stock of Napco Security Systems, Inc. (hereinafter referred to as the "Corporation") by non-
employee directors and consultants of the Corporation and its subsidiaries, if any, and to provide additional
incentive for them to promote the success of the business. As used in the Plan the term "subsidiary" shall have the
same meaning as the term "subsidiary corporation" defined in
Section 425(f) of the Internal Revenue Code of 1986, as amended (the "Code"). All options granted under the
Plan shall be non-qualified stock options and do not qualify as incentive stock options within the meaning of
Section 422 or any successor Section of the Code.
2. Scope of the Plan. An aggregate of Fifty Thousand (50,000) shares (representing Ten Thousand (10,000)
shares for future options and Forty Thousand (40,000) shares for outstanding options) of the Corporation's
Common Stock, par value $.01 per share (hereinafter referred to as "Common Stock"), shall be available and
reserved for issue under the Plan subject, however, to the provisions of Section 12 hereof. If an option should
expire or terminate for any reason without having been exercised in full, the unpurchased shares that were subject
thereto shall, unless the Plan shall have terminated, become available for other options under the Plan. Common
Stock shall not be issued in respect of an option granted under the Plan unless the exercise of such option and the
issuance and delivery of shares of Common Stock pursuant thereto shall comply with all relevant provisions of
law, including the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the
rules and regulations thereunder,