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STOCK OPTION AGREEMENT
STOCK OPTION AGREEMENT made this , between Valmont Industries, Inc., a Delaware corporation
("Corporation"), and , a director of the Corporation ("Director").
The Valmont Industries, Inc. 2002 Stock Plan (the "Plan") authorizes the Corporation to grant certain options to non-
employee directors of the Corporation on specified dates. This option is the option for non-employee directors pursuant to the
Plan and is expressly designated not to be an Incentive Stock Option as defined in I.R.C. §422A. The provisions of the Plan are
incorporated herein by reference and made a part of this Stock Option Agreement.
NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth and for good and valuable
consideration, the parties hereto agree as follows:
1. Grant of Option. The Corporation hereby irrevocably grants to the Director, pursuant to and subject to the
terms of the Plan, the right and option, hereinafter called the "Option," to purchase all or any part of an aggregate of
shares of common stock (the "Common Shares") of the Corporation (such number being subject to
adjustment as provided in Paragraph 6 hereof) on the terms and conditions herein set forth. The holder of the Option
shall not have any of the rights of a stockholder with respect to the shares covered by the Option until one or more
certificates for such shares shall be delivered to such holder upon the due exercise of the Option.
2. Purchase Price . The purchase price of the Common Shares covered by the Option shall be __DOCTEXT__nbsp;
per share. The purchase price of the shares as to which the Option shall be exercised shall be paid in full in cash at the
time of exercise or the Director may make payment (i) in common stock of the Corporation alr