EXHIBIT 10.9(1) TEJON RANCH CO. STOCK OPTION AGREEMENT PURSUANT TO THE NON- EMPLOYEE DIRECTOR STOCK INCENTIVE PLAN This Stock Option Agreement (this "Agreement") is made and entered into as of the Date of Grant indicated below by and between Tejon...Stock Option Agreement • March 27th, 1998 • Tejon Ranch Co • Agricultural production-crops • Delaware
EXHIBIT 4.2 TEJON RANCH CO. STOCK OPTION AGREEMENT PURSUANT TO THE 1992 EMPLOYEE STOCK INCENTIVE PLAN This Incentive Stock Option Agreement ("Agreement") is made and entered into as of the Date of Grant indicated below by and between Tejon Ranch Co.,...Stock Option Agreement • August 13th, 1997 • Tejon Ranch Co • Agricultural production-crops • Delaware