Exhibit (10)(j)* to Report
on Form 10-K for Fiscal
Year Ended June 30, 2001
by Parker-Hannifin Corporation
Parker-Hannifin Corporation 1990 Employees Stock Option Plan, as amended.
*Numbered in accordance with Item 601 of Regulation S-K.
1990 EMPLOYEES STOCK OPTION PLAN
Effective: September 1, 1990
Amended: October 28, 1993
Amended: August 15, 1996
1. Purpose. This 1990 Employees Stock Option Plan (the "Plan") is designed to enable the Corporation, by the grant
of options, to attract and retain key employees for the Corporation and its subsidiaries and to provide additional incentive to
these employees through increased stock ownership. Options granted under the Plan may be (a) incentive stock options within
the meaning of Section 422A of the Internal Revenue Code of 1986, as amended (the "Code"), or (b) nonqualified stock options.
2. Administration. The Plan shall be administered by a committee consisting of not less than three directors of the
Corporation (the "Committee"), to be appointed by, and to serve during the pleasure of, the Board of Directors of the
Corporation. No director who has within one year been eligible to participate in the Plan may be appointed or serve as a member
of the Committee. Subject to the terms of the Plan, the Committee shall have full power and authority to interpret the provisions
and to supervise the administration of the Plan and to define the terms of and grant options under the Plan. All decisions by the
Committee pursuant to the provisions of the Plan shall be made by a majority of its members and shall be final.
3. Employees Who May Participate in the Plan. Employees to whom options are granted shall be designated from
time to time by the Committee. An option may be granted to any salaried employee of the Corporation or of a subsidiary with
executive, managerial, technical or professional responsibility, including any officer who is a me