Common Contracts
2 similar Nonqualified Stock Option Agreement contracts by Terran Orbital Corp
NONQUALIFIED STOCK OPTION AGREEMENT FOR NON-EMPLOYEE directorS UNDER the Terran Orbital Corporation 2021 Omnibus INCENTIVE PLANNonqualified Stock Option Agreement • August 10th, 2022 • Terran Orbital Corp • Guided missiles & space vehicles & parts
Pursuant to the Terran Orbital Corporation 2021 Omnibus Incentive Plan (as may be amended from time to time, the “Plan”), Terran Orbital Corporation (together with any successor thereto, the “Company”) hereby grants to the Optionee named above, who is a non-employee member of the Board, an option (this “Stock Option”) to purchase on or prior to the Expiration Date specified above all or part of the number of shares of common stock, par value $0.0001 per share of the Company (the “Stock”), specified above (“Option Shares”) at the Option Exercise Price per Share specified above subject to the terms and conditions set forth in this Nonqualified Stock Option Agreement (this “Agreement”) and in the Plan. This Stock Option is not intended to be an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended.
NONQUALIFIED STOCK OPTION AGREEMENT FOR COMPANY EMPLOYEES UNDER the Terran Orbital Corporation 2021 Omnibus INCENTIVE PLANNonqualified Stock Option Agreement • August 10th, 2022 • Terran Orbital Corp • Guided missiles & space vehicles & parts
Pursuant to the Terran Orbital Corporation 2021 Omnibus Incentive Plan (as may be amended from time to time, the “Plan”), Terran Orbital Corporation (together with any successor thereto, the “Company”) hereby grants to the Optionee named above an option (this “Stock Option”) to purchase on or prior to the Expiration Date specified above all or part of the number of shares of common stock, par value $0.0001 per share of the Company (the “Stock”), specified above (“Option Shares”) at the Option Exercise Price per Share specified above subject to the terms and conditions set forth in this Nonqualified Stock Option Agreement (this “Agreement”) and in the Plan. This Stock Option is not intended to be an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended.
