展品10.3

EAGLE MATERIALS INC.
2023年股權激勵計劃

非合格董事股票期權協議

這份認股權協議（「認股權協議」或「協議」）是由特立石材料公司，一家特拉華州的公司（「公司」），與 ____________ （「受讓人」），公司的董事，關於根據特立石材料公司2023年股權激勵計劃（「計劃」）在2024年8月1日（「授予日期」）授予給受讓人的權利（「認股權」），購買公司最多但不超過_________股普通股（如計劃中定義）的權利，價格爲每股261.76美元 （「行權價格」），這樣的股數和每股價格受計劃規定的調整，並且進一步受以下條款和條件約束：

此選項受計劃及其下通過公司薪酬委員會（"委員會"）採納的所有條款、條件和規定以及生效日期的財務解讀的約束。除此處定義外，大寫詞語應具有計劃下賦予它們的相同含義。針對本期權協議：

(a) “殘疾「受讓人殘疾」指委員會確定的受讓人的殘疾。

(b) “養老“將意味着根據公司董事退休政策，在公司強制性養老年齡時提出辭職，或者在委員會批准的其他條件下提前辭職。

(a) 可行權性本期權涵蓋的普通股份（「期權股份」）應在以下情況下提前行使並確權：（i）獲獎日期一週年紀念日；（ii）公司股東的下次年度股東大會，至少在上一年度年度股東大會之後50周；（iii）期權獲得人的養老；（iv）期權獲得人的殘疾；或（v）期權獲得人的死亡（視情況而定，稱爲「確權日期」）。確權的期權可以在本協議或計劃的條款下在期權到期之前整體行使或部分行使（除非另有規定）。

(c) 資本調整和公司事件。 如果在期權有效期內，在行使之前的任何時間點，對作爲一個類別的未行使的普通股產生了任何影響公司未收到報酬的資本調整，則期權股份和本期權項的其他適用條款應根據計劃第5.7節的規定進行調整。由於資本調整而期權人可能有權獲得的所有新的、替代的或額外的證券，應立即受本期限和本協議所規定的其他條款（根據本協議可能修改）及隨後納入作爲本協議目的的期權股份。

此處授予的選擇權應在下文指定的最早時間終止，並且對未被選項受讓人事先購買的任何選項股份不再有效。

根據本文檔和計劃中規定的限制，本期權可以通過向公司發出通知來行使，具體規定如第5條所載。根據期權購買的股票支付行使價格應當採取以下方式之一：(a) 現金、支票或等值現金支付；(b) 轉交給公司，或者證明期權持有人擁有的普通股的公允市值（由公司確定，不考慮針對該普通股的可轉讓性限制，因爲聯邦或州證券法律或與公司承銷商達成的協議）不低於行權價格；(c) 交付正確填寫的通知，並提供不可撤銷的指示，要求經紀人將部分或全部行使期權所購買的股票的銷售或貸款收益分配給公司，（包括但不限於通過符合聯儲局理事會從時間到時間制定的Regulation t條文的行使）；(d) 通過保留與行使期權的股票相等的數量的期權股，乘以行使時的公平市值，然後將其除以行使的期權數，最後四捨五入爲最接近的整數；(e) 通過董事會不時批准的其他方式支付。

在適用法律規定的範圍內，或者（f）由任何組合的幾種方式。 儘管前述情況，如果期權未行使部分的行使價格低於在期權根據第3(a)條款提供的到期日當天普通股的公允市場價值，則該期權將在到期前立即按照上述條款（d）自動行使。

如果受權人希望通過證明的方式支付期權股票的購買價格，受權人可以在委員會可能採納的任何條件並遵守任何程序的情況下，通過證明擁有普通股權的相應價值來執行此操作，在這種情況下，公司應在此次行權後向受權人發行或交付一定數量的期權股票，其數量等於將（a）普通股權總數中受期權約束的普通股的市場公允價值與支付該行權的購買價格的差額除以（b）受期權約束的普通股的每股市場公允價值得到的結果，受權人可以保留證明擁有權益的普通股。

Notwithstanding anything to the contrary contained herein, the Optionee agrees that he will not exercise the Option granted pursuant hereto, and the Company will not be obligated to issue any Option Shares pursuant to this Option Agreement, if the exercise of the Option or the issuance of such shares would constitute a violation by the Optionee or by the Company of any provision of any law or regulation of any governmental authority or any stock exchange or transaction quotation system. The Optionee agrees that, unless the options and shares covered by the Plan have been registered pursuant to the Securities Act of 1933, as amended (the “Act”), the Company may, at its election, require the Optionee to give a representation in writing in form and substance satisfactory to the Company to the effect that he is acquiring such shares for his own account for investment and not with a view to, or for sale in connection with, the distribution of such shares or any part thereof.

If any law or regulation requires the Company to take any action with respect to the shares specified in such notice, the time for delivery thereof, which would otherwise be as promptly as reasonably practicable, shall be postponed for the period of time necessary to take such action.

Notice of exercise of the Option must be made in the following manner, using such forms as the Company may from time to time provide:

Notwithstanding the foregoing, in the event that the address of the Company is changed prior to the date of any exercise of this Option, notice of exercise shall instead be made pursuant to the foregoing provisions at the Company’s current address.

Any other notices provided for in this Agreement or in the Plan shall be given in writing or by such electronic means, as permitted by the Committee, and shall be deemed effectively delivered or given upon receipt or, in the case of notices delivered by the Company to the Optionee, five days after deposit in the United States mail, postage prepaid, addressed to the Optionee at the address specified at the end of this Agreement or at such other address as the Optionee hereafter designates by written notice to the Company.

Except as otherwise permitted by the Committee, the rights of the Optionee under the Plan and this Agreement are personal; no assignment or transfer of the Optionee’s rights under and interest in this Option may be made by the Optionee otherwise than by will, by beneficiary designation, by the laws of descent and distribution or by a qualified domestic relations order; and this Option is exercisable during his lifetime only by the Optionee, except as otherwise provided in this Agreement.

After the death of the Optionee, exercise of the Option shall be permitted only by the Optionee’s designated beneficiary or, in the absence of a designated beneficiary, the Optionee’s executor or the personal representative of the Optionee’s estate (or by his assignee, in the event of a permitted assignment) and only to the extent that the Option was exercisable on the date of the Optionee’s death.

Certificates representing the Common Stock issued pursuant to the exercise of the Option will bear all legends required by law and necessary or advisable to effectuate the provisions of the Plan and this Option. The Company may place a “stop transfer” order against shares of the Common Stock issued pursuant to the exercise of this Option until all restrictions and conditions set forth in the Plan or this Agreement and in the legends referred to in this Section 7 have been complied with.

The Optionee shall have no rights of a shareholder with respect to shares of Common Stock subject to the Option unless and until such time as the Option has been exercised and ownership of such shares of Common Stock has been transferred to the Optionee.

This Agreement shall bind and inure to the benefit of and be enforceable by the Optionee, the Company and their respective permitted successors and assigns (including personal representatives, heirs and legatees), except that the Optionee may not assign any rights or obligations under this Agreement except to the extent and in the manner expressly permitted herein.

No provision of this Option Agreement shall confer any right upon the Optionee to continued service with the Company.

This Option Agreement shall be governed by, construed and enforced in accordance with the laws of the State of Texas.

This Agreement cannot be modified, altered or amended except by an agreement, in writing, signed by both the Company and the Optionee.

EAGLE MATERIALS INC.

The Optionee hereby accepts the foregoing Option Agreement, subject to the terms and provisions of the Plan and administrative interpretations thereof referred to above.

OPTIONEE: