Common use of NOTICE OF STOCK OPTION GRANT Clause in Contracts

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted an Option to purchase Common Stock of TeleNav, 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: 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: To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, 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 a 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: TELENAV, INC. Signature By Print Name Title Residence Address: EXHIBIT A

Appears in 1 contract

Samples: PRC Stock Option Award Agreement (TeleNav, Inc.)

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NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted an Option the following option (“Option”) to purchase Common Stock of TeleNavSouthern States Bancshares, Inc. (the “Company”), subject ): Name of Grantee: Total Number of Shares Granted: Type of Option: ☐ Incentive Stock Option (“ISO”) ☐ Nonstatutory Stock Option (“Non-ISO”) To the extent an ISO does not qualify as such pursuant to the terms and conditions applicable provisions of the Plan and this Award AgreementCode Section 422(c), as followsit shall be a Non-Qualified Stock Option (“NQSO”). To qualify for the favorable federal income tax treatment for ISOs, the Grantee must not dispose of shares obtained from exercise of an Option until at least two years after the date of grant and one year after the date of exercise of the Option. If these holding periods are not met, the sale or other disposition of shares will be a disqualifying disposition pursuant to Code Section 422(c). Exercise Price Per Share: Grant Number $ Date of Grant Vesting Commencement Grant: , Exercise Schedule: The right of the Grantee to exercise and acquire the number of shares subject to this Option shall vest in equal installments over a period of years, commencing on the first anniversary of the Date Exercise Price per Share $ Total Number of Shares Granted Total Exercise Price $ Type Grant. Upon termination of Option: Nonstatutory Stock Option Term/Grantee’s employment by the Company without cause, all options immediately vest. 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: To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, 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 a 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 your signature and the signature of the Company’s representative below, Participant you and the Company agree that this Option is granted under and governed by the terms and conditions of the Company’s 2017 Incentive Stock Compensation Plan and this Award the Stock Option Agreement, including both of which are attached hereto and made a part hereof. GRANTEE: SOUTHERN STATES BANCSHARES, INC. By: [name] Xxxxxxx X. Xxxxxxx Its Chairman, President and CEO Date Date EXHIBIT “B” DESIGNATION OF BENEFICIARY for the Terms and Conditions STOCK OPTION AGREEMENT Pursuant to Southern States Bancshares, Inc. 2017 Stock Compensation Plan Name of Grantee: Date of Stock Option Grant Agreement: If my Continuous Service with the Company terminates by reason of my death, or if I shall die after I have terminated my service with the Company, but, prior to the expiration of the Option (attached hereto as Exhibit Aprovided in the Agreement), then all of which are made a part of this document. Participant has reviewed rights to the Option granted under the Agreement that I hereby hold upon my death, to the extent not previously terminated or forfeited, shall be transferred to my primary beneficiary designated below, or to my secondary beneficiary designated below if my primary beneficiary is unable to accept transfer, in the manner provided for in 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. PARTICIPANTPrimary Beneficiary: TELENAV, INC. Signature By Print Name Title Residence Relationship: Address: EXHIBIT APhone: Secondary Beneficiary: Relationship: Address: Phone: Grantee Signature Date

Appears in 1 contract

Samples: Stock Option Agreement (Southern States Bancshares, Inc.)

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted The Company, pursuant to action of the Committee and in accordance with the Plan, grants to Optionee an Incentive Stock Option to purchase Common common stock of the Company, $0.0001 par value per share (“Option Shares”), upon the terms and conditions set forth in the Agreement: Name of Optionee Mxxxxxx X. Xxxxxx Total Number of Option Shares Option 1: 100,000 Option 2: 100,000 Option 3: 100,000 Fair Market Value per Option Share on Grant Date and Option Price Fair Market Value: $0.16 Option 1: $0.60 Option 2: $1.00 Option 3: $1.50 Grant Date April 24, 2023 Number of Option Shares Subject to Time Based Vesting Option 1: 100,000 Option 2: 100,000 Option 3: 100,000 Time Based Vesting Schedule Option 1: December 31, 2023 Option 2: December 31, 2024 Option 3: December 31, 2025 Number of Option Shares Subject to Performance Based Vesting N/A Performance Based Vesting Schedule N/A Expiration Date April 24, 2033 Incentive Stock Option Agreement 1 No portion of TeleNavthis Option may be exercised until such portion shall have become exercisable. Subject to the discretion of the Committee (as defined in the Plan) to accelerate the exercisability schedule hereunder, Inc. this Option shall be exercisable with respect to the number of Option Shares on the dates indicated above so long as the Optionee remains an employee of the Company on such dates. Once exercisable, this Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date (the “Company”set forth above), subject to the terms provisions hereof 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: 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: To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, 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 a 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 All or a portion of the Option Shares may vest based on length of Employment, as set forth above, and the signature remainder of the Company’s representative belowOption Shares may vest based upon achievement of performance goals, Participant as specified above. If the number of Option Shares would result in the issuance of a fraction of a share, no fractional share shall be issued and instead the Company agree number of Option Shares shall be increased or decreased to the nearest whole number. Any Option Shares that this vest contingent upon performance measures that fail to meet the performance goals set forth above shall be forfeited. In the event that the aggregate Fair Market Value of shares of Common Stock with respect to the Option is exercisable by Optionee in any calendar year exceeds $100,000, then the Option granted hereunder to Optionee shall, to the extent and in the order required by regulations promulgated under and governed by the Code (or any other authority having the force of regulations), automatically be deemed to be non-qualified Options, but all other 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: TELENAV, INC. Signature By Print Name Title Residence Address: EXHIBIT Asuch Option shall remain unchanged.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Amergent Hospitality Group Inc.)

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted an Option to purchase Common Stock of TeleNavBrightSource Energy, 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: U.S. Incentive Stock Option U.S. 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: To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, this This Option will be exercisable for [three (3) months] 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] months after Participant ceases to be a 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] 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 (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: TELENAVBRIGHTSOURCE ENERGY, INC. Signature By Print Name Title Residence Address: EXHIBIT A

Appears in 1 contract

Samples: Stock Option Award Agreement (BrightSource Energy Inc)

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have Name of Optionee The undersigned Optionee has been granted an Option to purchase Common Stock of TeleNav, Inc. (the Company”), subject to the terms and conditions of the Plan and this Award Stock Option Agreement, as follows: Grant Number Number: Date of Grant Grant: Vesting Commencement Date Date: Exercise Price per Share Share: $ Total Number of Shares Granted Granted: Total Exercise Price Price: $ Type of Option: Nonstatutory Stock Option Term/Expiration Date: Vesting Schedule: Subject to any acceleration provisions contained in the Plan or set forth below, this ----------------- This Option may shall be exercisedexercisable, in whole or in part, in accordance with according to the following vesting schedule: [INSERT VESTING SCHEDULE] Year One - Termination Period: To ------------------- Any Options held by Optionee may be exercised, to the extent permitted then exercisable, for a period of three month after the date of Optionee's termination of employment; provided, however, that Optionee's termination of employment is other than for deliberate, willful or gross misconduct. Upon Optionee's retirement or disability, any Options held by Applicable Law and subject to the terms Optionee at the time of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, this Option retirement or disability will be exercisable for [three (3) months] a period of 12 months after Participant ceases to be a Service Provider, unless the date of such termination is due of employment. Upon Optionee's death after termination of employment, other than termination of employment for deliberate, willful or gross misconduct, the person or persons to Participant’s death whom the Optionee's rights are transferred by will or Disabilitythe laws of descent and distribution shall have a period of three years from the date of termination of the Optionee's employment to exercise any Options which the Optionee could have exercised during such period. Furthermore, in which case this Option the event of the death of an Optionee while employed, any Options then held by the Optionee shall become fully and immediately exercisable and may be exercised by the person or persons to whom the Optionee's rights are transferred by will be exercisable or the laws of descent and distribution for [twelve (12) months] a period of three years after Participant ceases to be a Service Providerthe Optionee's death. Notwithstanding the foregoing, in In no event may Optionee exercise 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: TELENAV, INC. Signature By Print Name Title Residence Address: EXHIBIT Aabove.

Appears in 1 contract

Samples: Plan Stock Option Agreement (Corporate Road Show Dot Com Inc)

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted an Option to purchase Common Stock of TeleNavHomeAway, 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 SCHEDULEInsert Vesting Schedule] Termination Period: To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, this This Option will be exercisable for [three (3) months] 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] months after Participant ceases to be a 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] 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 (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: TELENAVHOMEAWAY, INC. Signature By Print Name Title Residence Address: EXHIBIT A

Appears in 1 contract

Samples: Stock Option Award Agreement (Homeaway Inc)

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have has been granted an Option to purchase Common Stock of TeleNav, Inc. (the Company”), subject to the terms and conditions of the Plan and this Award Agreement, as follows: Participant Grant Number Date of Grant Vesting Commencement Date Number of Shares Granted Exercise Price per Share $ Total Number of Shares Granted Total Exercise Price $ Type of Option [Incentive Stock Option][Nonstatutory Stock Option: Nonstatutory Stock Option ] Term/Expiration Date: Date Vesting Schedule: Subject to any acceleration provisions contained in the Plan or set forth below, this Option may will be exercisedexercisable, in whole or in part, in accordance with the following schedule: [INSERT VESTING SCHEDULE] ]. Termination Period: To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, this This Option will be exercisable for [three (3) months] 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] 12 months after Participant ceases to be a Service Provider. Notwithstanding the foregoingforegoing sentence, 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] 14(c) of the Plan. By Participant’s signature and the signature of the Company’s representative below, or by Participant’s acceptance of this Award Agreement via the Company’s designated online acceptance procedures, 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 this Award Agreement. Participant expressly acknowledges the information provided in the Addendum related to the collection, processing and use of Participant’s personal data by the Company and its Subsidiaries and the transfer of personal data to the recipients mentioned in the Addendum. 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 this Award Agreement. Participant further agrees to notify the Company upon any change in the residence address indicated below. PARTICIPANT: TELENAVPARTICIPANT ORGANOVO HOLDINGS, INC. Signature By Print Name Title Residence AddressSignature: Signature: Name: Name: Title: Title: EXHIBIT AA TERMS AND CONDITIONS OF GLOBAL STOCK OPTION GRANT

Appears in 1 contract

Samples: Global Stock Option Award Agreement (Organovo Holdings, Inc.)

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted an Option to purchase Common Stock of TeleNavCyan, Inc. (the “Company”) has granted the individual (“Participant”) named above an Option (the “Option”) to purchase shares of Common Stock of the Company (“Shares”), subject to the terms and conditions of the Plan and this Non-U.S. Stock Option Award Agreement, including the Terms and Conditions of Stock Option Grant attached hereto as Exhibit A and the Country Addendum attached hereto as Exhibit B (collectively, the “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 the Option may be exercised, in whole or in part, in accordance with the following schedule: [INSERT VESTING SCHEDULE] Termination Period: To The vesting of the extent permitted by Applicable Law and Option in accordance with the schedule set forth above is subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, this Option will be exercisable for [three (3) months] after Participant ceases continuing to be a Service ProviderProvider for the Company or a Parent or Subsidiary of the Company through each vesting date. For purposes of the Option, unless such termination Participant 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 on a Service Provider. Notwithstanding leave of absence approved by the foregoing, in no event may this Option be exercised after the Term/Expiration Date Company as provided above and may be subject to earlier termination as provided set forth in Section [14] 11 of the Plan. By , Participant’s signature and the signature status as a Service Provider will be considered terminated as of the Company’s representative below, date that Participant and is no longer actively providing services for the Company agree that this Option or a Parent of Subsidiary of the Company (regardless of the reason for such termination and whether or not later found to be invalid or in breach of employment laws in the jurisdiction where Participant is granted under and governed providing services or the terms of Participant’s employment or service agreement, if any) and, unless otherwise expressly provided in the Award Agreement or otherwise determined by the terms and conditions of the Plan and this Award AgreementCompany, 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 Participant’s right 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 vest in the residence address indicated below. PARTICIPANT: TELENAVOption under the Plan, INC. Signature By Print Name Title Residence Address: EXHIBIT Aif any, will terminate as of such date and will not be extended by any notice period (e.g., Participant’s period of service would not include any contractual notice period or any period of “garden leave” or similar period mandated under employment laws in the jurisdiction where Participant is providing services or the terms of Participant’s employment or service agreement, if any).

Appears in 1 contract

Samples: Equity Incentive (Cyan Inc)

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted an Option to purchase Common Stock of TeleNavAVI BioPharma, 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: To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, this This Option will be exercisable for [three (3) months)] 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)] months after Participant ceases to be a 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] 15 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 (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: TELENAVXXX XXXXXXXXX, INC. Signature By Print Name Title Residence Address: EXHIBIT A

Appears in 1 contract

Samples: Stock Option Award Agreement (Avi Biopharma Inc)

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted The Company, pursuant to action of the Committee and in accordance with the Plan, grants to Optionee an Incentive Stock Option to purchase Common common stock of the Company, $0.0001 par value per share (“Option Shares”), upon the terms and conditions set forth in the Agreement: Name of Optionee Sxxxx Xxxxxxxxx Total Number of Option Shares Option 1: 33,333 Option 2: 33,333 Option 3: 33,334 Fair Market Value per Option Share on Grant Date and Option Price Fair Market Value: $0.16 Option 1: $0.60 Option 2: $1.00 Option 3: $1.50 Grant Date April 24, 2023 Number of Option Shares Subject to Time Based Vesting Option 1: 33,333 Option 2: 33,333 Option 3: 33,334 Time Based Vesting Schedule Option 1: December 31, 2023 Option 2: December 31, 2024 Option 3: December 31, 2025 Number of Option Shares Subject to Performance Based Vesting N/A Performance Based Vesting Schedule N/A Expiration Date April 24, 2033 Incentive Stock Option Agreement 1 No portion of TeleNavthis Option may be exercised until such portion shall have become exercisable. Subject to the discretion of the Committee (as defined in the Plan) to accelerate the exercisability schedule hereunder, Inc. this Option shall be exercisable with respect to the number of Option Shares on the dates indicated above so long as the Optionee remains an employee of the Company on such dates. Once exercisable, this Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date (the “Company”set forth above), subject to the terms provisions hereof 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: 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: To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, 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 a 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 All or a portion of the Option Shares may vest based on length of Employment, as set forth above, and the signature remainder of the Company’s representative belowOption Shares may vest based upon achievement of performance goals, Participant as specified above. If the number of Option Shares would result in the issuance of a fraction of a share, no fractional share shall be issued and instead the Company agree number of Option Shares shall be increased or decreased to the nearest whole number. Any Option Shares that this vest contingent upon performance measures that fail to meet the performance goals set forth above shall be forfeited. In the event that the aggregate Fair Market Value of shares of Common Stock with respect to the Option is exercisable by Optionee in any calendar year exceeds $100,000, then the Option granted hereunder to Optionee shall, to the extent and in the order required by regulations promulgated under and governed by the Code (or any other authority having the force of regulations), automatically be deemed to be non-qualified Options, but all other 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: TELENAV, INC. Signature By Print Name Title Residence Address: EXHIBIT Asuch Option shall remain unchanged.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Amergent Hospitality Group Inc.)

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NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted The Company, pursuant to action of the Committee and in accordance with the Plan, grants to Optionee an Incentive Stock Option to purchase Common Stock common stock of TeleNavthe Company, Inc. $0.0001 par value per share (the “CompanyOption Shares), upon the terms and conditions set forth in the Agreement: Name of Optionee Total Number of Option Shares Fair Market Value per Option Share on Grant Date and Option Price Grant Date Number of Option Shares Subject to Time-Based Vesting (the “Time-Based Option Shares”) Time-Based Vesting Schedule Number of Option Shares Subject to Performance-Based Vesting (the “Performance-Based Option Shares”) Performance-Based Vesting Schedule Expiration Date No portion of this Option may be exercised until such portion shall have become exercisable. Subject to the discretion of the Committee to accelerate the exercisability schedule hereunder, this Option shall be exercisable with respect to the number of Option Shares on the dates indicated above so long as the Optionee remains an employee of the Company on such dates. Once exercisable, this Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date (set forth above), subject to the terms provisions hereof 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: 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: To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, 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 a 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 All or a portion of the Option Shares may vest based on length of Employment, as set forth above, and the signature remainder of the Company’s representative belowOption Shares may vest based upon achievement of performance goals, Participant as specified above. If the number of Option Shares would result in the issuance of a fraction of a share, no fractional share shall be issued and instead the Company agree number of Option Shares shall be increased or decreased to the nearest whole number. Any Option Shares that this vest contingent upon performance measures that fail to meet the performance goals set forth above shall be forfeited. In the event that the aggregate Fair Market Value of shares of Common Stock with respect to the Option is exercisable by Optionee in any calendar year exceeds $100,000, then the Option granted hereunder to Optionee shall, to the extent and in the order required by regulations promulgated under and governed by the Code (or any other authority having the force of regulations), automatically be deemed to be non-qualified Options, but all other 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: TELENAV, INC. Signature By Print Name Title Residence Address: EXHIBIT Asuch Option shall remain unchanged.

Appears in 1 contract

Samples: Executive Incentive Stock Option Agreement (Reed's, Inc.)

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted an Option to purchase Common Stock of TeleNavCyan, Inc. (the “Company”) has granted the individual (“Participant”) named above an Option (the “Option”) to purchase shares of Common Stock of the Company (“Shares”), subject to the terms and conditions of the Plan and this U.S. Stock Option Award Agreement, including the Terms and Conditions of Stock Option Grant attached hereto as Exhibit A (collectively, the “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 the Option may be exercised, in whole or in part, in accordance with the following schedule: [INSERT VESTING SCHEDULE] Termination Period: To The vesting of the extent permitted by Applicable Law and Option in accordance with the schedule set forth above is subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, this Option will be exercisable for [three (3) months] after Participant ceases continuing to be a Service ProviderProvider for the Company or a Parent or Subsidiary of the Company through each vesting date. For purposes of the Option, unless such termination Participant 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 on a Service Provider. Notwithstanding leave of absence approved by the foregoing, in no event may this Option be exercised after the Term/Expiration Date Company as provided above and may be subject to earlier termination as provided set forth in Section [14] 11 of the Plan. By , Participant’s signature and the signature status as a Service Provider will be considered terminated as of the Company’s representative below, date that Participant and is no longer actively providing services for the Company agree that this Option or a Parent or Subsidiary of the Company (regardless of the reason for such termination and whether or not later found to be invalid or in breach of employment laws in the jurisdiction where Participant is granted under and governed providing services or the terms of Participant’s employment or service agreement, if any) and, unless otherwise expressly provided in the Award Agreement or otherwise determined by the terms and conditions of the Plan and this Award AgreementCompany, 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 Participant’s right 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 vest in the residence address indicated below. PARTICIPANT: TELENAVOption under the Plan, INC. Signature By Print Name Title Residence Address: EXHIBIT Aif any, will terminate as of such date and will not be extended by any notice or severance period.

Appears in 1 contract

Samples: Stock Option Award Agreement (Cyan Inc)

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted The Company, pursuant to action of the Committee and in accordance with the Plan, grants to Optionee an Incentive Stock Option to purchase Common common stock of the Company, $0.0001 par value per share (“Option Shares”), upon the terms and conditions set forth in the Agreement: Name of Optionee Mxxx Xxxxxxx Xxxxxxx Total Number of Option Shares Option 1: 46,667 Option 2: 46,667 Option 3: 46,666 Fair Market Value per Option Share on Grant Date and Option Price Fair Market Value: $0.224 Option 1: $0.60 Option 2: $1.00 Option 3: $1.50 Grant Date January 27, 2023 Number of Option Shares Subject to Time Based Vesting Option 1: 46,667 Option 2: 46,667 Option 3: 46,666 Time Based Vesting Schedule Option 1: January 11, 2024 Option 2: January 11, 2025 Option 3: January 11, 2026 Number of Option Shares Subject to Performance Based Vesting N/A Performance Based Vesting Schedule N/A Expiration Date January 11, 2033 Incentive Stock Option Agreement 1 No portion of TeleNavthis Option may be exercised until such portion shall have become exercisable. Subject to the discretion of the Committee (as defined in the Plan) to accelerate the exercisability schedule hereunder, Inc. this Option shall be exercisable with respect to the number of Option Shares on the dates indicated above so long as the Optionee remains an employee of the Company on such dates. Once exercisable, this Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date (the “Company”set forth above), subject to the terms provisions hereof 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: 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: To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, 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 a 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 All or a portion of the Option Shares may vest based on length of Employment, as set forth above, and the signature remainder of the Company’s representative belowOption Shares may vest based upon achievement of performance goals, Participant as specified above. If the number of Option Shares would result in the issuance of a fraction of a share, no fractional share shall be issued and instead the Company agree number of Option Shares shall be increased or decreased to the nearest whole number. Any Option Shares that this vest contingent upon performance measures that fail to meet the performance goals set forth above shall be forfeited. In the event that the aggregate Fair Market Value of shares of Common Stock with respect to the Option is exercisable by Optionee in any calendar year exceeds $100,000, then the Option granted hereunder to Optionee shall, to the extent and in the order required by regulations promulgated under and governed by the Code (or any other authority having the force of regulations), automatically be deemed to be non-qualified Options, but all other 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: TELENAV, INC. Signature By Print Name Title Residence Address: EXHIBIT Asuch Option shall remain unchanged.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Amergent Hospitality Group Inc.)

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted an Option to purchase Common Stock of TeleNavTesla, 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: Nonstatutory Stock Option Term/Expiration Date: date Vesting Schedule: 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 SCHEDULEinsert vesting schedule] Termination Period: To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, this This Option will be exercisable for [three (3) months] months after the Participant ceases to be a Service Provider, unless such termination is due to Participantparticipant’s death or Disability, in which case this Option will be exercisable for [twelve (12) months] months after the Participant ceases to be a Service Provider. Notwithstanding the foregoingforgoing, in no event may this Option be exercised after the Term/Expiration Date expiration date as provided above and may be subject to earlier termination as provided in Section [14] 13 of the Plan. By Participant’s signature and acceptance of this Award Agreement either electronically through the signature of electronic acceptance procedure established by the Company or through a written acceptance delivered to the Company in a form satisfactory to the Company’s representative below, Participant and the Company agree agrees 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 (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: TELENAVIn witness whereof, Tesla, Inc. has caused this Agreement to be executed on its behalf by its duly-authorized officer on the day and year first indicated above. TESLA, INC. Signature By Print Name Title Residence AddressBy: Title: EXHIBIT A

Appears in 1 contract

Samples: Stock Option Award Agreement (Tesla, Inc.)

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted an Option to purchase Common Stock of TeleNavTesla 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 SCHEDULEinsert vesting schedule] Termination Period: To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, this This Option will be exercisable for [three (3) months] 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] months after Participant ceases to be a 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] 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 (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: TELENAVTESLA MOTORS, INC. Signature By Print Name Title Residence Address: EXHIBIT A

Appears in 1 contract

Samples: Stock Option Award Agreement (Tesla Motors Inc)

NOTICE OF STOCK OPTION GRANT. Participant Name: Address: You have been granted an Option to purchase Common Stock of TeleNavYodlee, 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: To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, this This Option will be exercisable for [three (3) months] 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] months after Participant ceases to be a 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] 13 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 (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: TELENAVYODLEE, INC. Signature By Print Name Title Residence Address: EXHIBIT A

Appears in 1 contract

Samples: Equity Incentive Plan (Yodlee Inc)

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