EXHIBIT 10.4

 

FORM OF AWARD AGREEMENT FOR NON-QUALIFIED STOCK OPTIONS

GRANTED UNDER THE 2002 MANAGEMENT STOCK OWNERSHIP PROGRAM

 

Time:

 

3M Company

Notice of Grant of Stock Options
and Option Agreement

 

ID: 41-0417775

3M CENTER

 

 

ST. PAUL, MN 55144-1000

 

[Name]

 

Option Number:

c/o [Name]

 

Plan:

3M Center

 

 

224-2W-15

 

 

St. Paul, MN US 55144-1000

 

ID:

 

 

Effective [date], you have been granted a(n) Non-Qualified Stock Option to buy [number] shares of 3M Company (the Company) stock at $[price] per share.

 

The total option price of the shares granted is $[number].

 

Shares in each period will become fully vested on the date shown.

 

 

 

Shares

 

Vest Type

 

Full Vest

 

Expiration

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[number]

 

On Vest Date

 

[date]

 

[date]

 

 

 

1