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Form of Retainer Stock Option Agreement

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Exhibit 10.2

Form of Retainer Stock Option Agreement under the Chevron Corporation Non-Employee Directors'
Equity Compensation and Deferral Plan

CHEVRON CORPORATION

NON-EMPLOYEE DIRECTORS' EQUITY COMPENSATION AND DEFERRAL PLAN

[Year] Retainer Option Agreement

Name of Director:

(Please sign below and return this Agreement)

Chevron Corporation has made the following grant to you, subject to the terms of the Non-Employee Directors' Equity Compensation and Deferral Plan (the " Plan" ) and rules adopted under it. Both documents are incorporated into this Agreement and copies are available to you on request. By signing this Agreement and accepting this grant, you are agreeing to all the terms and co
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