<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>2
<FILENAME>e1010.txt
<DESCRIPTION>STOCK OPTION PLAN
<TEXT>
 
                                                    EXHIBIT 10.10
 
 
                   PARK ELECTROCHEMICAL CORP.
                     2002 Stock Option Plan
                 Incentive Stock Option Contract
 
 
     THIS INCENTIVE STOCK OPTION CONTRACT entered into as of this
_____  day of ______, between PARK ELECTROCHEMICAL CORP.,  a  New
York corporation (the "Company"), and ________ an employee of the
Company or one of its subsidiaries (the "Optionee").
 
                     W I T N E S S E T H :
 
      1.   The Company, in accordance with the allotment made  by
the  Stock  Option  Committee,  and  subject  to  the  terms  and
conditions of the 2002 Stock Option Plan of the Company ("Plan"),
grants  as  of  the date hereof, to the Optionee,  an  option  to
purchase an aggregate of ___ shares of the Common Stock, $.10 par
value  per  share, of the Company ("Common Stock") at  _____  per
share,  being  the fair market value of such stock  on  the  date
hereof.
 
     2.  The term of this option shall be ten (10) years from the
date  hereof, subject to earlier termination as provided  in  the
Plan.   This option is exercisable, commencing ____ as to 25%  of
the  aggregate number of shares originally subject hereto and  as
to  an  additional  25%  on each succeeding  anniversary  of  the
granting  of  the option; provided, however, that  the  right  to
purchase  shall  be  cumulative, so that if the  full  number  of
shares  purchasable  in  a period shall  not  be  purchased,  the
balance  may  be  purchased at any time  or  from  time  to  time
thereafter,  but  prior to the termination of the  option.   This
option may be exercised in whole or in part and from time to time
as  to  shares  which have become purchasable, by giving  written
notice to the Company at its principal office, presently 5 Dakota
Drive, Lake Success, New York 11042, identifying the option being
exercised,   specifying  the  number  of  shares  purchased   and
accompanied  by  payment in full of the aggregate purchase  price
therefor, in cash, Common Stock, or any combination thereof.
 
      3. (a)  In the event that the employment of the Optionee is
terminated during the term of this option (other than  by  reason
of  disability or death), this option, subject to the  provisions
of  Section  4 hereof, may be exercised by the Optionee,  to  the
extent  the  Optionee was entitled to do so on the  date  of  the
termination  of employment, at any time within three  (3)  months
after such termination, but not thereafter, and in no event after
the  date  on which this option would otherwise expire;  provided
that if such employment shall be terminated either (i) for cause,
or  (ii) without the written consent of the Company, this  option
shall   (to   the  extent  not  previously  exercised)  terminate
immediately.
 
         (b)  In the event that the employment of the Optionee is
terminated  during  the  term of this option  by  reason  of  the
disability  (as  defined  in Section  22(e)(3)  of  the  Internal
Revenue  Code of 1986, as amended (the "Code")) of the  Optionee,
this  option, subject to the provisions of Section 4 hereof,  may
be exercised to the extent exercisable upon the effective date of
such  termination, at any time within one (1) year after the date
of  termination,  but not thereafter, and in no event  after  the
date on which this option would otherwise expire.
 
 
         (c)  In the event that the Optionee dies while he is  an
employee  of  the  Company or any of its subsidiaries  or  within
three  months  after termination of his employment  (unless  such
termination was either (i) for cause, or (ii) without the written
consent  of  the  Company), this option may be exercised  to  the
extent  exercisable on the date of his death,  by  his  executor,
administrator or other such person at the time entitled by law to
his  rights under such option, at any time within six (6)  months
after  the date of his death, but not thereafter, and in no event
after the date on which this option would otherwise expire.
 
     4.  The Optionee agrees to remain an employee of the Company
or its subsidiaries, at the election of the Company, for a period
of  one (1) year from the date hereof or such later date to which
the  Optionee is contractually obligated to remain in the  employ
of  the  Company,  and further agrees that he will,  during  such
employment,  serve the Company in good faith  and  use  his  best
effort  at all times to promote its interests; provided, however,
that nothing in the Plan or herein shall confer upon the Optionee
any  right  to  continue as an employee of  the  Company  or  its
subsidiaries  or  interfere in any way  with  the  right  of  the
Company or its subsidiaries to terminate such employment  at  any
time during such periods without liability of the Company or  its
subsidiaries.
 
     5.  The Optionee represents and agrees that  in the event of
any  exercise  of this option, unless the shares of Common  Stock
received  upon such exercise shall have been registered under  an
effective  registration statement under  the  Securities  Act  of
1933,  as  amended (the "Securities Act"), such shares constitute
"restricted securities", as defined in Rule 144 promulgated under
the  Securities Act, and agrees that such shares may not be  sold
except  in  compliance  with  the applicable  provisions  of  the
Securities Act.
 
      6.  In the event of any disposition of the shares of Common
Stock  acquired upon the exercise of this option within  two  (2)
years from the date hereof, or within one (1) year from the  date
of  issuance  of  the shares to the Optionee, the Optionee  shall
notify  the  Company thereof in writing within thirty  (30)  days
after  such  disposition and will pay to the  Company  an  amount
necessary  to  satisfy its obligations to withhold any  taxes  by
reason of such disqualifying disposition.
 
     7.   The  Company and the Optionee further agree  that  they
will  both  be  subject  to and bound by all  of  the  terms  and
conditions  of the Plan, as amended from time to  time.   In  the
event  of a conflict between the terms of this contract  and  the
terms of the Plan, the terms of the Plan shall govern.
 
     8.   This option is not transferable otherwise than by  will
or  the  laws  of descent and distribution and may be  exercised,
during the lifetime of the Optionee, only by him.
 
     9.   The Plan has been adopted prior to the promulgation  of
final rules and regulations by the Internal Revenue Service under
Section  422A  of the Code.  Accordingly, as it is intended  that
this  option be an incentive stock option within the  meaning  of
such Section, the Optionee agrees that the Company may amend  the
Plan  and this option in any respect necessary or appropriate  to
bring  the  Plan and this option into compliance  with  any  such
final rules and regulations.
 
     10.   This contract shall be binding upon and inure  to  the
benefit  of  any  successor assign of  the  Company  and  to  any
executor, administrator or legal representative entitled  by  law
to the Optionee's rights hereunder.
 
 
      11.   By  signing  this contract, the undersigned  Optionee
represents  and  warrants  to the Company  that  the  undersigned
Optionee  has  complied with the Company's "Guidelines  Regarding
Conflicts  of  Interest  and  Business  Ethics"  and   that   the
undersigned  Optionee does not have any investment or  any  other
interest  in any competitor, customer or supplier of the  Company
or of any subsidiary of the Company other than investments in the
outstanding  capital  stock of any such competitor,  customer  or
supplier held by the undersigned indirectly through an investment
in  a  mutual fund or similar investment company and  other  than
investments disclosed in writing to, and acknowledged in  writing
by, the President or the General Counsel of the Company.
 
      IN  WITNESS WHEREOF, the parties hereto have duly  executed
this contract as of the day and year first above written.
 
 
OPTIONEE                                   PARK   ELECTROCHEMICAL
CORP.
 
 
 
By:_________________________________
[sign name]
 
 
                                                           Title:
________________________________
[print full name]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                   PARK ELECTROCHEMICAL CORP.
                     2002 Stock Option Plan
               Non-Qualified Stock Option Contract
 
      THIS NON-QUALIFIED STOCK OPTION CONTRACT entered into as of
this  ____ day of ______, between PARK ELECTROCHEMICAL  CORP.,  a
New  York  corporation (the "Company"), and _____ an employee  of
the Company or one of its subsidiaries (the "Optionee").
 
                     W I T N E S S E T H :
 
      1.   The Company, in accordance with the allotment made  by
the  Stock  Option  Committee,  and  subject  to  the  terms  and
conditions of the 2002 Stock Option Plan of the Company ("Plan"),
grants  as  of  the date hereof, to the Optionee,  an  option  to
purchase  an  aggregate of ____ shares of the Common Stock,  $.10
par  value per share, of the Company ("Common Stock") at ____ per
share,  being  the fair market value of such stock  on  the  date
hereof.
 
     2.  The term of this option shall be ten (10) years from the
date  hereof, subject to earlier termination as provided  in  the
Plan.   This  option  is  exercisable,  in  accordance  with  the
following schedule:
 
                            Shares Becoming
           Vesting Date       Exercisable
 
 
 
 
          Total
 
provided,   however,  that  the  right  to  purchase   shall   be
cumulative, so that if the full number of shares purchasable in a
period  shall  not be purchased, the balance may be purchased  at
any  time  or  from  time to time thereafter, but  prior  to  the
termination of the option.  This option may be exercised in whole
or  in  part and from time to time as to shares which have become
purchasable,  by  giving written notice to  the  Company  at  its
principal  office,  presently 5 Dakota Drive, Lake  Success,  New
York  11042,  identifying the option being exercised,  specifying
the number of shares purchased and accompanied by payment in full
of  the aggregate purchase price therefor, in cash, Common Stock,
or any combination thereof.
 
      3. (a)  In the event that the employment of the Optionee is
terminated during the term of this option (other than  by  reason
of  disability or death), this option, subject to the  provisions
of  Section  4 hereof, may be exercised by the Optionee,  to  the
extent  the  Optionee was entitled to do so on the  date  of  the
termination  of employment, at any time within three  (3)  months
after such termination, but not thereafter, and in no event after
the  date  on which this option would otherwise expire;  provided
that if such employment shall be terminated either (i) for cause,
or  (ii) without the written consent of the Company, this  option
shall   (to   the  extent  not  previously  exercised)  terminate
immediately.
 
         (b)  In the event that the employment of the Optionee is
terminated  during  the  term of this option  by  reason  of  the
disability  (as  defined  in Section  22(e)(3)  of  the  Internal
Revenue  Code of 1986, as amended (the "Code")) of the  Optionee,
this  option, subject to the provisions of Section 4 hereof,  may
be exercised to the extent exercisable upon the effective date of
such  termination, at any time within one (1) year after the date
of  termination,  but not thereafter, and in no event  after  the
date on which this option would otherwise expire.
 
         (c)  In the event that the Optionee dies while he is  an
employee  of  the  Company or any of its subsidiaries  or  within
three  months  after termination of his employment  (unless  such
termination was either (i) for cause, or (ii) without the written
consent  of  the  Company), this option may be exercised  to  the
extent  exercisable on the date of his death,  by  his  executor,
administrator or other such person at the time entitled by law to
his  rights under such option, at any time within six (6)  months
after  the date of his death, but not thereafter, and in no event
after the date on which this option would otherwise expire.
 
     4.  The Optionee agrees to remain an employee of the Company
or its subsidiaries, at the election of the Company, for a period
of  one (1) year from the date hereof or such later date to which
the  Optionee is contractually obligated to remain in the  employ
of  the  Company,  and further agrees that he will,  during  such
employment,  serve the Company in good faith  and  use  his  best
effort  at all times to promote its interests; provided, however,
that nothing in the Plan or herein shall confer upon the Optionee
any  right  to  continue as an employee of  the  Company  or  its
subsidiaries  or  interfere in any way  with  the  right  of  the
Company or its subsidiaries to terminate such employment  at  any
time during such periods without liability of the Company or  its
subsidiaries.
 
     5.  The Optionee represents and agrees that  in the event of
any  exercise  of this option, unless the shares of Common  Stock
received  upon such exercise shall have been registered under  an
effective  registration statement under  the  Securities  Act  of
1933,  as  amended (the "Securities Act"), such shares constitute
"restricted securities", as defined in Rule 144 promulgated under
the  Securities Act, and agrees that such shares may not be  sold
except  in  compliance  with  the applicable  provisions  of  the
Securities Act.
 
     6.  Upon the exercise of this option, the Optionee shall pay
to  the Company an amount necessary to satisfy its obligations to
withhold any taxes by reason of such exercise.
 
      7.   The  Company and the Optionee further agree that  they
will  both  be  subject  to and bound by all  of  the  terms  and
conditions  of the Plan, as amended from time to  time.   In  the
event  of a conflict between the terms of this contract  and  the
terms of the Plan, the terms of the Plan shall govern.
 
      8.   This option is not transferable otherwise than by will
or  the  laws  of descent and distribution and may be  exercised,
during the lifetime of the Optionee, only by him.
 
      9.   It is agreed that this option is a Non-Qualified Stock
Option, as such term is defined in the Plan.
 
      10.  This contract shall be binding upon and inure  to  the
benefit  of  any successor or assign of the Company  and  to  any
executor, administrator or legal representative entitled  by  law
to the Optionee's rights hereunder.
 
      11.  By  signing  this  contract, the undersigned  Optionee
represents  and  warrants  to the Company  that  the  undersigned
Optionee  has  complied with the Company's "Guidelines  Regarding
Conflicts  of  Interest  and  Business  Ethics"  and   that   the
undersigned  Optionee does not have any investment or  any  other
interest  in any competitor, customer or supplier of the  Company
or of any subsidiary of the Company other than investments in the
outstanding  capital  stock of any such competitor,  customer  or
supplier held by the undersigned indirectly through an investment
in  a  mutual fund or similar investment company and  other  than
investments disclosed in writing to, and acknowledged in  writing
by, the President or the General Counsel of the Company.
 
      IN  WITNESS WHEREOF, the parties hereto have duly  executed
this contract as of the day and year first above written.
 
 
 
OPTIONEE                                    PARK  ELECTROCHEMICAL
CORP.
 
 
                                     By:
[sign name]
 
 
                                                           Title:
________________________________
[print full name]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                   PARK ELECTROCHEMICAL CORP.
                     2002 Stock Option Plan
               Non-Qualified Stock Option Contract
 
 
      THIS NON-QUALIFIED STOCK OPTION CONTRACT entered into as of
this  ___ day of ____ between PARK ELECTROCHEMICAL CORP.,  a  New
York  corporation (the "Company"), and______, a director  of  the
Company (the "Optionee").
 
                     W I T N E S S E T H :
 
      1.   The Company, in accordance with the allotment made  by
the  Stock  Option  Committee,  and  subject  to  the  terms  and
conditions of the 2002 Stock Option Plan of the Company ("Plan"),
grants  as  of  the date hereof, to the Optionee,  an  option  to
purchase an aggregate of ______ shares of the Common Stock,  $.10
par  value per share,of the Company ("Common Stock") at ____  per
share,  being  the fair market value of such stock  on  the  date
hereof.
 
     2.  The term of this option shall be ten (10) years from the
date  hereof, subject to earlier termination as provided  in  the
Plan.  This option is exercisable, commencing _____ as to 25%  of
the  aggregate number of shares originally subject hereto and  as
to  an  additional  25%  on each succeeding  anniversary  of  the
granting  of  the option; provided, however, that  the  right  to
purchase  shall  be  cumulative, so that if the  full  number  of
shares  purchasable  in  a period shall  not  be  purchased,  the
balance  may  be  purchased at any time  or  from  time  to  time
thereafter,  but  prior to the termination of the  option.   This
option may be exercised in whole or in part and from time to time
as  to  shares  which have become purchasable, by giving  written
notice to the Company at its principal office, presently 5 Dakota
Drive, Lake Success, New York 11042, identifying the option being
exercised,   specifying  the  number  of  shares  purchased   and
accompanied  by  payment in full of the aggregate purchase  price
therefor, in cash, Common Stock, or any combination thereof.
 
      3. (a)  In the event that the service of the Optionee as  a
director  of  the Company is terminated during the term  of  this
option  (other  than  by  reason of disability  or  death),  this
option,  subject to the provisions of Section 4  hereof,  may  be
exercised  by  the  Optionee,  to the  extent  the  Optionee  was
entitled  to do so on the date of such termination, at  any  time
within   three  (3)  months  after  such  termination,  but   not
thereafter,  and in no event after the date on which this  option
would  otherwise  expire; provided that  if  such  service  as  a
director  shall  be  terminated either (i)  for  cause,  or  (ii)
without the written consent of the Company, this option shall (to
the extent not previously exercised) terminate immediately.
 
       (b)   In the event that the service of the Optionee  as  a
director  of  the Company is terminated during the term  of  this
option  by  reason  of  the disability  (as  defined  in  Section
22(e)(3)  of  the Internal Revenue Code of 1986, as amended  (the
"Code"))  of the Optionee, this option, subject to the provisions
of  Section  4 hereof, may be exercised to the extent exercisable
upon  the effective date of such termination, at any time  within
one  (1)  year after the date of termination, but not thereafter,
and  in  no  event  after  the date on which  this  option  would
otherwise expire.
 
       (c)   In  the event that the Optionee dies while he  is  a
director  of the Company or within three months after termination
of  his service as a director (unless such termination was either
(i)  for  cause,  or  (ii)  without the written  consent  of  the
Company),  this option may be exercised to the extent exercisable
on the date of his death, by his executor, administrator or other
such  person at the time entitled by law to his rights under such
option, at any time within six (6) months after the date  of  his
death,  but  not thereafter, and in no event after  the  date  on
which this option would otherwise expire.
 
     4.  The Optionee agrees to remain a director of the Company,
at  the election of the Board of Directors or the shareholders of
the Company, for a period of one (1) year from the date hereof or
such  later date to which the Optionee is contractually obligated
to  remain a director of the Company, and further agrees that  he
will, during such service as a director of the Company, serve the
Company  in  good faith and use his best effort at all  times  to
promote  its  interests; provided, however, that nothing  in  the
Plan  or  herein  shall  confer upon the Optionee  any  right  to
continue  as a director of the Company or interfere  in  any  way
with  the right of the Board of Directors or shareholders of  the
Company to terminate such service as a director of the Company at
any time during such periods without liability of the Company  or
its subsidiaries.
 
     5.  The Optionee represents and agrees that  in the event of
any  exercise  of this option, unless the shares of Common  Stock
received  upon such exercise shall have been registered under  an
effective  registration statement under  the  Securities  Act  of
1933,  as  amended (the "Securities Act"), such shares constitute
"restricted securities", as defined in Rule 144 promulgated under
the  Securities Act, and agrees that such shares may not be  sold
except  in  compliance  with  the applicable  provisions  of  the
Securities Act.
 
      6. Upon the exercise of this option, the Optionee shall pay
to  the Company an amount necessary to satisfy its obligations to
withhold any taxes by reason of such exercise.
 
7.   The  Company and the Optionee further agree that  they  will
both  be  subject to and bound by all of the terms and conditions
of  the  Plan, as amended from time to time.  In the event  of  a
conflict between the terms of this contract and the terms of  the
Plan, the terms of the Plan shall govern.
 
      8.   This option is not transferable otherwise than by will
or  the  laws  of descent and distribution and may be  exercised,
during the lifetime of the Optionee, only by him.
 
      9.  It is agreed that this option is a Non-Qualified  Stock
Option, as such term is defined in the Plan.
 
     10.   This contract shall be binding upon and inure  to  the
benefit  of  any successor or assign of the Company  and  to  any
executor, administrator or legal representative entitled  by  law
to the Optionee's rights hereunder.
 
      IN  WITNESS WHEREOF, the parties hereto have duly  executed
this contract as of the day and year first above written.
 
 
OPTIONEE                                   PARK   ELECTROCHEMICAL
CORP.
 
 
 
By:________________________________
[sign name]
 
 
                                                           Title:
_______________________________
[print full name]
 
 
 
[exhibit 10.10]ll
</TEXT>
</DOCUMENT>