Form of Incentive Stock Option Agreement Sample Clauses

Form of Incentive Stock Option Agreement. Marinus Pharmaceuticals, Inc., a Delaware corporation (the “Company”), hereby grants the following stock option pursuant to its 2005 Stock Option and Incentive Plan. The terms and conditions attached hereto are also a part hereof. Name of optionee (the “Optionee”): Date of this option grant: Number of shares of the Company’s Standard Common Stock subject to this option (“Shares”): Option exercise price per share: $ Payment alternatives: Section 7(a) (i) - (iii) Number, if any, of Shares that may be purchased on or after the grant date: Shares that are subject to vesting schedule: 100% Vesting Start Date: Vesting Schedule: The date of this option grant, as first written above: No shares One calendar year from the Vesting Start Date (the “Anniversary Date”): 25% of the Shares On the last day of each of the first 35 calendar months after the Anniversary Date: An additional 2.083% of the Shares On the last day of the 36th calendar month after the Anniversary Date: An additional 2.095% of the Shares, such that all Shares subject to this option grant are vested. All vesting is dependent on the continuation of a Business Relationship with the Company, as provided herein. This option satisfies in full all commitments that the Company has heretofore made to theOptionee with respect to the issuance of stock, stock options or other equity securities. MARINUS PHARMACEUTICALS, INC. By: Signature of Optionee Name of Officer: Title: Street Address City/State/Zip Code MARINUS PHARMACEUTICALS, INC.
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Form of Incentive Stock Option Agreement. Change in Control, the Committee may determine that the Option will not be continued, assumed or have new rights substituted therefor in accordance with Section 12.1(a) of the Plan, and immediately prior to the Change in Control, the Option shall become fully vested and exercisable and (ii) if the Participant incurs a Termination by the Company without Cause within 24 months after such Change in Control, the Option shall become fully vested and exercisable in accordance with Section 5(b) below.
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Form of Incentive Stock Option Agreement. The Compensation Committee of Genta Incorporated (‘‘Genta’’) has determined to grant you an option (the ‘‘Option’’) to purchase shares of the common stock of Genta under the Genta Incorporated 1998 Stock Incentive Plan (the ‘‘Plan’’). The terms of the grant are set forth in the Incentive Stock Option Agreement provided to you (the ‘‘Agreement’’). The following provides a summary of the key terms of the Agreement; however, you should read the entire Agreement, along with the terms of the Plan, to fully understand the Agreement. Summary of Incentive Stock Option Agreement Optionee: Xxxxxxx Xxxx Date of Grant: 07/27/06 Total Number of Shares Granted: 500,000 Shares Exercise Price Per Share: $1.5900 Vesting Schedule: A total of 200,000 of the 500,000 Shares subject to the Option will become exercisable on the date that Genasense receives approval for any first indication in the United States by the Food and Drug Administration A total of 200,000 of the 500,000 Shares subject to the Option will become exercisable on the date that Genasense receives approval for any first indication in Europe by the European Medicines Agency A total of 100,000 of the 500,000 Shares subject to the Option will become exercisable over a period of approximately thirty-two (32) months from the Date of Grant, by means of (i) an initial amount of 11,110 Shares to be exercisable and vest on the Date of Grant, (ii) an additional amount of 86,087 Shares in thirty-one (31) equal monthly increments of 2,777 Shares each, commencing on August 1, 2006 and continuing on the first day of each of the next successive thirty (30) calendar months, and (iii) a final amount of 2,803 Shares on March 1, 2009 Term/Expiration Date: 07/27/16, subject to earlier termination in accordance with the terms of this Agreement GENTA INCORPORATED
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Form of Incentive Stock Option Agreement. Changing the way the world experiences light THE SHARES ISSUABLE PURSUANT TO THIS AGREEMENT ARE SUBJECT TO THE PROVISIONS OF THE COMPANY’S 2012 AMENDED AND RESTATED EQUITY-BASED COMPENSATION PLAN AND THIS AGREEMENT IS ENTERED INTO PURSUANT THERETO. LIGHTING SCIENCE GROUP CORPORATION 2012 AMENDED AND RESTATED EQUITY-BASED COMPENSATION PLAN EMPLOYEE INCENTIVE STOCK OPTION AGREEMENT This Agreement is made and entered into as of the Grant Date (as defined below) by and between Lighting Science Group Corporation, a Delaware corporation (the “Company”) and Xxxxxx Xxxxxxxxx (the “Optionee”):
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Form of Incentive Stock Option Agreement. 7. Nonstatutory Stock Option Agreement
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Related to Form of Incentive Stock Option Agreement

  • Stock Option Agreement Each grant of an Option under the Plan shall be evidenced by a Stock Option Agreement between the Optionee and the Company. Such Option shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The Stock Option Agreement shall specify whether the Option is an ISO or an NSO. The provisions of the various Stock Option Agreements entered into under the Plan need not be identical. Options may be granted in consideration of a reduction in the Optionee’s other compensation.

  • Stock Option Plan The Executive shall be eligible to participate in the Company's Stock Option Plan in accordance with the terms and conditions thereof.

  • Stock Option Plans Each stock option granted by the Company under the Company’s stock option plan was granted (i) in accordance with the terms of the Company’s stock option plan and (ii) with an exercise price at least equal to the fair market value of the Common Stock on the date such stock option would be considered granted under GAAP and applicable law. No stock option granted under the Company’s stock option plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, stock options prior to, or otherwise knowingly coordinate the grant of stock options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

  • Incentive Stock Option If this Option qualifies as an ISO, the Optionee will have no regular federal income tax liability upon its exercise, although the excess, if any, of the Fair Market Value of the Exercised Shares on the date of exercise over their aggregate Exercise Price will be treated as an adjustment to alternative minimum taxable income for federal tax purposes and may subject the Optionee to alternative minimum tax in the year of exercise. In the event that the Optionee ceases to be an Employee but remains a Service Provider, any Incentive Stock Option of the Optionee that remains unexercised shall cease to qualify as an Incentive Stock Option and will be treated for tax purposes as a Nonstatutory Stock Option on the date three (3) months and one (1) day following such change of status.

  • Stock Option Grant Subject to the provisions set forth herein and the terms and conditions of the Plan, and in consideration of the agreements of the Participant herein provided, the Company hereby grants to the Participant an Option to purchase from the Company the number of shares of Common Stock, at the exercise price per share, and on the schedule, set forth above.

  • NOTICE OF STOCK OPTION GRANT Name: Address: You have been granted an option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Award Agreement, as follows: Grant Number Date of Grant Vesting Commencement Date Exercise Price per Share $ Total Number of Shares Granted Total Exercise Price $ Type of Option: Incentive Stock Option Nonstatutory Stock Option Term/Expiration Date:

  • Stock Option Exercise Agreement To exercise this Option, Participant (or in the case of exercise after Participant’s death or incapacity, Participant’s executor, administrator, heir or legatee, as the case may be) must deliver to the Company an executed stock option exercise agreement in the form attached hereto as Exhibit A, or in such other form as may be approved by the Committee from time to time (the “Exercise Agreement”), which shall set forth, inter alia, (i) Participant’s election to exercise the Option, (ii) the number of Shares being purchased, (iii) any restrictions imposed on the Shares and (iv) any representations, warranties and agreements regarding Participant’s investment intent and access to information as may be required by the Company to comply with applicable securities laws. If someone other than Participant exercises the Option, then such person must submit documentation reasonably acceptable to the Company verifying that such person has the legal right to exercise the Option and such person shall be subject to all of the restrictions contained herein as if such person were the Participant.

  • Stock Option Award Within the 60-day period following the Start Date, Executive will receive an award of stock options to purchase Common Stock (the “Options”). The terms and conditions of the Options will be governed by Parent’s 2010 Equity Incentive Plan and the Stock Option Agreement in substantially the form attached hereto as Exhibit A. The number of shares covered by such Options shall equal 50,000. The Options shall have a per share exercise price equal to the fair market value per share of such Option on the date of grant, as determined by the Board.

  • Stock Option Grants Executive will receive an annual grant of stock options during the term of this Agreement in a manner and under terms that are consistent with grants made to other executives of the Company.

  • Incentive Stock Options If the Shares are held for more than twelve (12) months after the date of the transfer of the Shares pursuant to the exercise of an ISO and are disposed of more than two (2) years after the Date of Grant, any gain realized on disposition of the Shares will be treated as long term capital gain for federal and California income tax purposes. If Shares purchased under an ISO are disposed of within the applicable one (1) year or two (2) year period, any gain realized on such disposition will be treated as compensation income (taxable at ordinary income rates) to the extent of the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price.

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