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:
NOTICE OF STOCK OPTION GRANT. Name: Address: The undersigned Participant has been granted an Option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Option Agreement, as follows: Date of Grant: Vesting Commencement Date: Exercise Price per Share: $ Total Number of Shares Granted: Total Exercise Price: $ Type of Option: Incentive Stock Option Term/Expiration Date: Vesting Schedule: This Option shall be exercisable, in whole or in part, according to the following vesting schedule: [Twenty-five percent (25%) of the Shares subject to the Option shall vest on the one (1) year anniversary of the Vesting Commencement Date, and one forty-eighth (1/48th) of the Shares subject to the Option shall vest each month thereafter on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month), subject to Participant continuing to be a Service Provider through each such date.]
NOTICE OF STOCK OPTION GRANT. Name: Participant ID: The undersigned Optionee has been granted an Option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Agreement, as follows: Date of Grant Exercise Price per Share $ Total Number of Shares Granted Type of Option Nonstatutory Stock Option Expiration Date Tenth anniversary of Date of Grant Vesting Schedule 100% vested upon xxxxx
NOTICE OF STOCK OPTION GRANT. Participant: Address: Participant has been granted an Option, subject to the terms and conditions of the Plan and this Option Agreement, as follows: Grant Number __________________________________ Date of Grant __________________________________ Vesting Commencement Date __________________________________ Exercise Price per Share $_________________________________ Total Number of Shares Granted __________________________________ Total Exercise Price $_________________________________ Type of Option: Incentive Stock Option Nonstatutory Stock Option Term/Expiration Date: __________________________________ Vesting Schedule: Subject to Participant continuing to be a Service Provider and other limitations set forth in the Plan and this Option Agreement, this Option may be exercised, in whole or in part, in accordance with the following schedule: Date of Vesting Total Number of Shares Vested Percent Vested 25 % 50 % 75 % 100 % Termination Period: This Option will be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option will be exercisable for one (1) year after Participant ceases to be Service Provider. Notwithstanding the foregoing, in no event may this Option be exercised after the Term/Expiration Date as provided above.
NOTICE OF STOCK OPTION GRANT. You have been granted an option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Option Agreement, as follows: Grant Number __________ Date of Grant __________ Vesting Commencement Date __________ Exercise Price per Share __________ Total Number of Shares Granted __________ Total Exercise Price __________ Type of Option __________ Expiration Date __________
NOTICE OF STOCK OPTION GRANT. Name: The undersigned Participant has been granted an Option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Option Agreement, as follows: Date of Grant: Vesting Commencement Date: Exercise Price per Share: US$ Total Number of Shares Granted: Total Exercise Price : US Type of Option: Incentive Stock Option Nonstatutory Stock Option Term/Expiration Date: Ten Year Anniversary of Date of Grant Vesting Schedule: This Option shall be exercisable, in whole or in part, according to the following vesting schedule: • Ten percent (10%) of the shares subject to the Option shall vest on the first anniversary of the Vesting Commencement Date, then • Twenty percent (20%) of the shares subject to the Option shall vest in twelve (12) equal installments on the corresponding day of each month (or if there is no corresponding day in any such month, on the last day of such month) over the period from the first anniversary of the Vesting Commencement Date to the second anniversary of the Vesting Commencement Date, then • Thirty percent (30%) of the shares subject to the Option shall vest in twelve (12) equal installments on the corresponding day of each month (or if there is no corresponding day in any such month, on the last day of such month) over the period from the second anniversary of the Vesting Commencement Date to the third anniversary of the Vesting Commencement Date, then • Forty percent (40%) of the shares subject to the Option shall vest in twelve (12) equal installments on the corresponding day of each month (or if there is no corresponding day in any such month, on the last day of such month) over the period from the third anniversary of the Vesting Commencement Date to the forth anniversary of the Vesting Commencement Date, and All of the vesting, as described above, is subject to the Participant continuing to be a Service Provider through each such date.
NOTICE OF STOCK OPTION GRANT. Participant:
NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted an Option to purchase Common Stock of Tesla Motors, Inc. (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: Vesting Schedule: Subject to any acceleration provisions contained in the Plan or set forth below, this Option may be exercised, in whole or in part, in accordance with the following schedule: [insert vesting schedule] Termination Period: This Option will be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option will be exercisable for twelve (12) months after Participant ceases to be Service Provider. Notwithstanding the foregoing, in no event may this Option be exercised after the Term/Expiration Date as provided above and may be subject to earlier termination as provided in Section 14 of the Plan. By Participant’s signature and the signature of the Company’s representative below, Participant and the Company agree that this Option is granted under and governed by the terms and conditions of the Plan and this Award Agreement, including the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, all of which are made a part of this document. Participant has reviewed the Plan and this Award Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Award Agreement and fully understands all provisions of the Plan and Award Agreement. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan and Award Agreement. Participant further agrees to notify the Company upon any change in the residence address indicated below. PARTICIPANT: TESLA MOTORS, INC. Signature By Print Name Title Residence Address: EXHIBIT A
NOTICE OF STOCK OPTION GRANT. Name: Address: The undersigned Optionee has been granted an Option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Option Agreement, as follows: Date of Grant:
NOTICE OF STOCK OPTION GRANT. Optionee: Date of Stock Option Agreement: Date of Grant: Vesting Commencement Date: Exercise Price per Share: $ Total Number of Shares Granted: Total Exercise Price: $ Term/Expiration Date: Type of Option: Stock Option
