MoneyGram 2011 Annual Report Download - page 215

Exhibit 10.94
MONEYGRAM INTERNATIONAL, INC.
2005 OMNIBUS INCENTIVE PLAN
STOCK OPTION AGREEMENT
(FOR OPTIONEES IN FRANCE)
This Global Stock Option Agreement (this “Agreement”) is made effective as of [ ], 20[ ] (the “Grant Date”) between MoneyGram
International, Inc., a Delaware corporation (the “Company”), and [ ] (the “Optionee”). Each capitalized term used but not defined in this Agreement
shall have the meaning assigned to that term in the Company’s 2005 Omnibus Incentive Plan (the “U.S. Plan”).
WHEREAS, in connection with the Optionee’s employment with the Company, the Company desires to grant to the Optionee an option to
purchase shares of the Company’s Common Stock, par value $0.01 per share (the “Common Stock”) on the date hereof pursuant to the terms and conditions
of this Agreement, the 2005 Omnibus Incentive Plan for Grantees in France (the “French Sub−Plan”) and the U.S. Plan (collectively, the “Plan”);
NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
1. Grant of Option.
Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Optionee on the Grant Date, an option to
purchase up to [ ] shares of Common Stock at the option price set forth in Section 2 (the “Option”).
The foregoing award is a U.S. Non−qualified Stock Option granted under the Plan, which is incorporated herein by this reference and made part
of this Agreement. The Option is not an incentive stock option within the meaning of Section 422 of the United States Internal Revenue Code of 1986, as
amended (the “Code”).
The Option is intended to qualify for the favorable income tax and social security regime in France under Sections L. 225−177 to L. 225−186−1
of the French Commercial Code, as amended. Certain events may affect the status of the Option as French−qualified and the Option could be disqualified in
the future. The Company does not make any undertaking or representation to maintain the qualified status of the Option during the lifetime of the Option. If
the Option no longer qualifies for favorable tax and social security tax treatment in France, favorable tax and social security treatment will not apply and the
Optionee will be required to pay any applicable income tax and social security contributions resulting from the Option.
2. Option Price.
The per share purchase price of the shares subject to the Option shall be $ (the “Option Price”). Such Option Price meets the
requirements of Section II.2(c) of the French Sub−Plan.