RECITALSRestricted Stock Agreement • June 21st, 2006 • Universal Technical Institute Inc • Services-educational services • Delaware
Exhibit 10.2 [DATE] Dear ________________: CONGRATULATIONS! The Board of Directors of Universal Technical Institute, Inc. ("Company") has granted you an option to purchase _______ shares of the Company's common stock at an exercise price of $____ per...Stock Option Award Agreement • June 21st, 2006 • Universal Technical Institute Inc • Services-educational services
CONGRATULATIONS! The Board of Directors of Universal Technical Institute, Inc. ("Company") has granted you an option to purchase _______ shares of the Company's common stock at an exercise price of $____ per share ("Exercise Price"), subject to the terms and conditions below and in the Universal Technical Institute, Inc. 2003 Stock Incentive Plan (the "Plan"). This letter serves as the Stock Option Award Agreement ("Agreement") between the Company and you ("Grantee"). The "Grant Date" of your option is _________. This option is not intended to be an Incentive Stock Option as defined in the Plan and under applicable tax laws.
