Stock Option Agreement Re Stephen D. Eldred

NOTICE OF GRANT OF STOCK OPTIONS AAVID THERMAL TECHNOLOGIES, INC. AND OPTION AGREEMENT ID: 02-0466826
One Eagle Square, Suite 509
Concord, NH 03301, USA
Telephone: (603) 224-1117 - --------------------------------------------------------------------------------


STEPHEN D. ELDRED OPTION NUMBER: 00000356 94 SCHOOL STREET PLAN: ISO CONCORD, NH 03301 ID: 002-78-3049


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Effective 6/19/97, you have been granted a(n) Incentive Stock Option to buy 65,000 shares of Aavid Thermal Technologies, Inc. (the Company) stock at $16.5000 per share.


The total option price of the shares granted is $1,072,500.00.


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


Shares Vest Type Full Vest Expiration - ------------ ------------ ------------ ------------
16,250 On Vest Date 8/20/97 6/19/07
16,250 On Vest Date 8/20/98 6/19/07
16,250 On Vest Date 8/20/99 6/19/07
16,250 On Vest Date 8/20/00 6/19/07


The terms of the Plan and any rules and regulations of the committee of the Board of Directors of the Company that administers the Plan are incorporated in this Agreement as if fully set forth in it. On the reverse side of this Agreement are some additional terms of this Option and a brief description of some of the provisions of the Plan. In the case of any ambiguity or any conflict between the terms on the reverse side and the Plan, the provisions of the Plan shall govern.


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By your signature and the Company's signature below, you and the Company agree that these options are granted under and governed by the terms and conditions of the Company's Stock Option Plan as amended and the Opti ...