Form of Executive Incentive And Non-qualified Stock Option Agreementa

Exhibit 10.1 ENNIS, INC. 2004 LONG-TERM INCENTIVE PLAN SUMMARY OF STOCK OPTION GRANT You, as the Optionee named below, have been granted the following option (the " Option" ) to purchase shares of the common stock, par value $2.50 per share (" Common Stock" ), of Ennis, Inc., a Texas corporation (" Ennis" ), on the terms and conditions set forth below and in accordance with the Stock Option Award Agreement (the " Agreement" ) to which this Summary of Stock Option Grant is attached and the Ennis, Inc. 2004 Long-Term Incentive Plan (the " Plan" ):Optionee Name:

Number of Option Shares Granted: Type of Option (check one): Incentive Stock Option Nonqualified Stock OptionEffective Date of Grant: , 200 Exercise Price Per Share: $ Vesting Commencement Date: , 200 Vesting Schedule: The Option shall be 100% vested on the Date of Grant. You, by your signature as Optionee below, acknowledge that you (i) have reviewed the Agreement and the Plan in their entirety and have had the opportunity to obtain the advice of counsel prior to executing this Summary of Stock Option Grant, (ii) understand that the Option is granted under and governed by the terms and provisions of the Agreement and the Plan, and (iii) agree to accept as binding all of the determinations and interpretations made by the Board or the Committee with respect to matters arising under or relating to the Option, the Agreement and the Plan. OPTIONEE: ENNIS, INC. By: (Signature of Optionee) Name: Address of Optionee: Title: SUMMARY OF STOCK OPTION GRANT - Page 1


ENNIS, INC. 2004 LONG-TERM INCENTIVE PLAN STOCK OPTION AWARD AGREEMENT THIS AGREEMENT is made as of the Effective Date (as set forth on the Summary of Stock Option Grant) between Ennis, Inc., a Texas corporation (" Ennis" ), and Optionee pursuant to the Ennis, Inc. 2004 Long-Term Incentive Plan (the " Plan" ). WHEREAS, the Board of Directors of Ennis (the " Board" ) or a Committee designated by the Board has authority to grant Options under the Plan to employees and outside directors of Ennis and its Affiliates; and WHEREAS, the Board or the Committee, as appropriate, has determined to award Optionee the Option described in this Agreement; NOW, THEREFORE, Ennis and Optionee agree as follows: 1. Effect of Plan and Authority of Board or Committee . This Agreement and the Option granted hereunder are subject to the Plan, which is incorporated herein by reference. The Board or the Committee is authorized to make all determinations and interpretations with respect to matters arising under or relating to the Plan, this Agreement and the Option granted hereunder. Capitalized terms used and not otherwise defined herein have the respective meanings given them in the Plan or in the Summary of Stock Option Grant, which are attached hereto and incorporated herein by this reference for all purposes. 2. Grant of Option . On the terms and conditions set forth in this Agreement, the Summary of Stock Option Grant and the Plan, as of the Effective Date, Ennis hereby grants to Optionee the option to purchase the number of shares of Common Stock set forth on the Summary of Stock Option Grant at the Exercise Price per share set forth on the Summary of Stock Option Grant (the " Option" ). The Option is intended to be an Incentive Stock Option or a Nonqualified Stock Option, as provided in the Summary of Stock Option Grant. If the Option is intended to be an Incentive Stock Option, it is agreed that the exercise price is at least 100% of the Fair Market Value of a share of Common Stock on the Effective Date (110% of Fair Market Value if Optionee owns stock possessing more than 10% of the total combined voting power of all classes of stock of Ennis or an Affiliate, within the meaning of Section 422(b)(6) of the Code). If this Option is intended to be an Incentive Stock Option, but the aggregate Fair Market Value of Common Stock with respect to which Incentive Stock Options granted to Optionee (including all options qualifying as incentive stock options pursuant to Section 422 of the Code granted to Optionee under any other plan of Ennis or any Affiliate) are exercisable for the first time by Optionee during any calendar year exceeds $100,000 (determined as of the date the Incentive Stock Option is granted), this Option shall not be void but shall be deemed to be an Incentive Stock Option to the extent it does not exceed the $100,000 limit and shall be deemed a Nonqualified Stock Option to the extent it exceeds that limit. 3. Vesting . This Option may be exercised only to the extent it is vested on the vesting dates in accordance with the Vesting Schedule set forth in the Summary of Stock Option Grant. The vested percentage indicated in such Vesting Schedule shall be exercisable, as to all or part of the vested shares, at any time or times after the respective vesting date and until the expiration or termination of the Option. The vesting of this Option may be accelerated in certain events which are set forth in the Plan. The unvested portion of this Option shall terminate and be forfeited immediately on the date of Optionee' s termination of employment or service. 4. Term . (a) Term of Option . This Option may not be exercised after the expiration of ten years from the Effective Date (five years from the Effective Date if Optionee owns stock possessing more than 10% of the total combined voting power of all classes of stock ...