1993 OUTSIDE DIRECTORS STOCK OPTION PLAN
PURPOSE OF PLAN
1.1 The purpose of the Daktronics, Inc. 1993 Outside Directors Stock Option Plan (the "Plan") is to provide a
means whereby Daktronics, Inc. (the "Company") may grant options to purchase common stock of the Company
to those members of the Company's Board of Directors who are not employees of the Company or any of its
subsidiaries ("Eligible Directors"). Options granted under the Plan are not intended to and do not qualify as
incentive stock options as described in Section 422A of the Internal Revenue Code (the "Code").
NUMBER OF SHARES AVAILABLE UNDER THE PLAN
2.1 Options will be granted by the Company at the times described below, to Eligible Directors to purchase an
aggregate of up to 160,000 shares of common stock, without par value, of the Company (after giving effect to
the 10-for-1 stock split authorized on the Common Stock on November 18, 1993) and 160,000 shares shall be
reserved for options granted under the Plan (subject to adjustment as provided in Section 4.9 below). The shares
issued upon exercise of options granted under the Plan may be authorized and unissued shares or reacquired
shares held by the Company. If any option granted under the Plan shall terminate, expire or with the consent of
the optionee, be canceled as to any shares, new options may thereafter be granted covering such shares without
affecting the amount of the option reserve noted above.
3.1 The Plan shall be administered by a Committee consisting of the President and Chief Financial Officer of the
Company who are not eligible to participate in the Plan (the "Committee"). Committee members shall have no
discretion concerning the grant of options, the price at which options are to be granted or times at which options
may be exercised.
The Committee may interpret the Plan, amend and rescind any rules and regulations necessary or appropriate for
the administration of the