The Go Daddy Group, Inc. Stock Option Award
Exhibit 10.3
This
stock option agreement is entered into this th day
of
,
200__, by and
between The Go Daddy Group, Inc., an Arizona corporation (the
“Company”), and “Employee” (“Employee”), an employee of the Company.
As part of the compensation package, the Company has adopted effective as of July 16th, 2002, The
Go Daddy Group, Inc. 2002 Stock Option Plan (the “Plan”) pursuant to resolution of the Board.
Please refer to the Plan for all of the terms and conditions of
the stock options. You may request a copy of the Agreement from the accounting department.
The Company grants to the Employee the following stock option (the “Option”) to purchase
Shares subject to the following terms of this Option agreement and the Plan:
(a) |
Employee: | «Employee» | |
(b) |
Date of Grant:
|
«Date» | |
(c) |
Start Date for Vesting:
|
«Date» | |
(d) |
Number
of Option Shares:
|
«Award» | |
(e) |
Exercise Price Per Share:
|
«Strike» | |
(f) |
Expiration
Date:
|
«Term» | |
(g) |
Vesting
Schedule:
|
Refer to Section 3 in the Agreement |
This Option is not intended to be and shall not be treated as an incentive stock option under
Section 422 of the Internal Revenue Code of 1986, as amended.
By this agreement, the Company and the Employee desire to establish the terms upon which the
Company is willing to grant to the Employee, and upon which the Employee is willing to accept from
the Company, an option to purchase shares of common stock of the Company (the “Shares”).
IN WITNESS WHEREOF, the undersigned have signed this Award and as of the date first
written above and agree to all of the terms and conditions outlined in the Agreement.
| The Go Daddy Group,
Inc., an Arizona corporation |
EMPLOYEE | |||
By:
|
||||
| Xxxxxx X. Xxxxxxx | «Employee» | |||
| Its:Chairman | ||||
| Certificate Number |
Number of Options |
|
| «Cert» | «Amt_» |
THIS
CERTIFICATE (combined with a
properly executed stock Option agreement)
certifies that:
«Name»
Is the
record holder of «Amt_» stock options of THE GO DADDY GROUP, INC. common stock exercisable at the
option strike price of
$
per share.
This
certificate is non-transferable and subject to the provisions
outlined in the executed stock option award dated «date».
Witness the seal of the corporation and the signature of its duly authorized officer.
Dated:
«date»
Chairman / President
