Common use of Additional Incentive Clause in Contracts

Additional Incentive. Upon execution of this Agreement, Employee acknowledge that employee received already the option to purchase 819,000 Membership Units at a strike price of $0.10 subject to the terms and conditions more fully set forth in the “GigOptix LLC Membership Unit Option Grant Notice (Equity Incentive Plan)” dated July 1, 2007.

Additional Incentive. Upon execution of this Agreement, Employee acknowledge that employee received already the option to purchase 819,000 220,000 Membership Units at a strike price of $0.10 subject to the terms and conditions more fully set forth in the “GigOptix LLC Membership Unit Option Grant Notice (Equity Incentive Plan)” dated July 1, 2007.