ARCADIA BIOSCIENCES, INC. INDUCEMENT STOCK OPTION AWARD AGREEMENT NOTICE OF INDUCEMENT STOCK OPTION GRANTOption Agreement • May 28th, 2021 • Arcadia Biosciences, Inc. • Agricultural production-crops • Delaware
You (“Participant”) have been granted a U.S. Nonstatutory Stock Option (the “Option”) to purchase shares of Common Stock of Arcadia Biosciences, Inc. (the “Company”), outside of the Arcadia Biosciences, Inc. 2015 Omnibus Equity Incentive Plan, as amended from time to time (the “Plan”), pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules in connection with the Participant’s commencement of employment with the Company. Nevertheless, this Option is subject to the terms and conditions set forth in the Plan as well as this Inducement Stock Option Award Agreement, which includes and incorporates the Terms and Conditions of Inducement Stock Option Grant below (the “Award Agreement”). Unless otherwise defined herein, the terms defined in the Plan will have the same defined meanings in this Award Agreement.
