Nonqualified Stock Option Agreement Sample Contracts

Strategic Education, Inc. – STRATEGIC EDUCATION, INC. 2018 Equity Compensation Plan NONQUALIFIED STOCK OPTION AGREEMENT FOR EMPLOYEE (March 1st, 2019)

Strategic Education, Inc., a Maryland corporation (the "Corporation"), hereby grants an option to purchase shares of its common stock, $.01 par value, (the "Stock") to the optionee named below. The terms and conditions of the option are set forth in this cover sheet, in the attachment and in the Corporation's 2018 Equity Compensation Plan (the “Plan”).

National Bank Holdings Corp – 2014 Omnibus Incentive Plan Nonqualified Stock Option Agreement (March 1st, 2019)

THIS OPTION AGREEMENT (this “Agreement”), dated as of the date indicated in the attached Schedule (the “Date of Grant”), is made by and between National Bank Holdings Corporation, a Delaware corporation (“NBHC”), and the participant indicated in the attached Schedule (“Participant”).  Capitalized terms used herein without definition have the meanings ascribed to such terms in the National Bank Holdings Corporation 2014 Omnibus Incentive Plan (the “Plan”).

Gci Liberty, Inc. – NONQUALIFIED STOCK OPTION AGREEMENT (February 28th, 2019)

THIS NONQUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is made as of the date set forth on Schedule I hereto (the “Grant Date”), by and between the issuer identified in Schedule I hereto (the “Company”), and the recipient (the “Grantee”) of an Award of Options granted by the Plan Administrator (as defined in Schedule I hereto) as set forth in this Agreement.

CVS HEALTH Corp – CVS HEALTH CORPORATION NONQUALIFIED STOCK OPTION AGREEMENT GRANT DATE: [_____________] (February 28th, 2019)
PERRIGO Co Plc – NONQUALIFIED STOCK OPTION AGREEMENT (Under the Perrigo Company plc 2013 Long- Term Incentive Plan) (February 27th, 2019)

This is to notify you that Perrigo Company plc (the “Company”) has granted you an Award under the Perrigo Company plc 2013 Long-Term Incentive Plan (the “Plan”), effective as of Grant Date (the “Grant Date”). This Award consists of a nonqualified stock option. The terms and conditions of this incentive are set forth in the remainder of this agreement (including any special terms and conditions set forth in any appendix for your country (“Appendix”) (collectively, the “Agreement”). The capitalized terms that are not otherwise defined in this Agreement shall have the meanings ascribed to such terms under the Plan.

PERRIGO Co Plc – NONQUALIFIED STOCK OPTION AGREEMENT (Under the Perrigo Company plc 2013 Long- Term Incentive Plan) (February 27th, 2019)

This is to notify you that Perrigo Company plc (the “Company”) has granted you an Award under the Perrigo Company plc 2013 Long-Term Incentive Plan (the “Plan”), effective as of Grant Date (the “Grant Date”). This Award consists of a nonqualified stock option. The terms and conditions of this incentive are set forth in the remainder of this agreement (including any special terms and conditions set forth in any appendix for your country (“Appendix”) (collectively, the “Agreement”). The capitalized terms that are not otherwise defined in this Agreement shall have the meanings ascribed to such terms under the Plan.

Saia Inc – EMPLOYEE NONQUALIFIED STOCK OPTION AGREEMENT UNDER THE SAIA, INC. 2018 OMNIBUS INCENTIVE PLAN (February 25th, 2019)

WHEREAS, Saia has adopted the Saia, Inc. 2018 Omnibus Incentive Plan (the “Plan”) pursuant to which options for shares of the common stock of Saia may be granted to employees of Saia and its subsidiaries; and

Saia Inc – EMPLOYEE NONQUALIFIED STOCK OPTION AGREEMENT UNDER THE SAIA, INC. 2018 OMNIBUS INCENTIVE PLAN (February 25th, 2019)

WHEREAS, Saia has adopted the Saia, Inc. 2018 Omnibus Incentive Plan (the “Plan”) pursuant to which options for shares of the common stock of Saia may be granted to employees of Saia and its subsidiaries; and

Saia Inc – EMPLOYEE NONQUALIFIED STOCK OPTION AGREEMENT UNDER THE SAIA, INC. 2018 OMNIBUS INCENTIVE PLAN (February 25th, 2019)

WHEREAS, Saia has adopted the Saia, Inc. 2018 Omnibus Incentive Plan (the “Plan”) pursuant to which options for shares of the common stock of Saia may be granted to employees of Saia and its subsidiaries; and

Chart Industries Inc – NONQUALIFIED STOCK OPTION AGREEMENT (February 22nd, 2019)

THIS NONQUALIFIED STOCK OPTION AGREEMENT (the “Agreement”) is entered into as of this [[grantdatewords]] (the “Grant Date”), between Chart Industries, Inc., a Delaware corporation (the “Company”), and [[FIRSTNAME]] [[LASTNAME]] (the “Participant”).

Dine Brands Global, Inc. – DINE BRANDS GLOBAL, INC. 2016 STOCK INCENTIVE PLAN NONQUALIFIED STOCK OPTION AGREEMENT (February 21st, 2019)

THIS NONQUALIFIED STOCK OPTION AGREEMENT (the “Agreement”) is entered into as of ___________ (the “Date of Grant”), by and between DINE BRANDS GLOBAL, INC. (formerly, DineEquity, Inc.), a Delaware corporation (the “Company”), and ___________ (the “Optionee”).

Dine Brands Global, Inc. – DINE BRANDS GLOBAL, INC. 2016 STOCK INCENTIVE PLAN NONQUALIFIED STOCK OPTION AGREEMENT (February 21st, 2019)

THIS NONQUALIFIED STOCK OPTION AGREEMENT (the “Agreement”) is entered into as of ___________ (the “Date of Grant”), by and between DINE BRANDS GLOBAL, INC. (formerly, DineEquity, Inc.), a Delaware corporation (the “Company”), and ___________ (the “Optionee”).

Gates Industrial Corp Plc – NONQUALIFIED STOCK OPTION AGREEMENT (February 14th, 2019)

THIS AGREEMENT (the “Agreement”) by and between Gates Industrial Corporation plc, a company registered in England and Wales (the “Company”), and the individual named on the Participant Master Signature Page hereto (the “Participant”) is made on the date set forth on such Participant Master Signature Page.

Gates Industrial Corp Plc – NONQUALIFIED STOCK OPTION AGREEMENT (February 14th, 2019)

THIS AGREEMENT (the “Agreement”) by and between Gates Industrial Corporation, a company registered in England and Wales (the “Company”), and the individual named on the Participant Master Signature Page hereto (the “Participant”) is made on the date set forth on such Participant Master Signature Page.

Gates Industrial Corp Plc – NONQUALIFIED STOCK OPTION AGREEMENT (February 14th, 2019)

THIS AGREEMENT (the “Agreement”) by and between Gates Industrial Corporation plc, a company registered in England and Wales (the “Company”), and the individual named on the Participant Master Signature Page hereto (the “Participant”) is made on the date set forth on such Participant Master Signature Page.

Gates Industrial Corp Plc – NONQUALIFIED STOCK OPTION AGREEMENT (February 14th, 2019)

THIS AGREEMENT (the “Agreement”) by and between Gates Industrial Corporation plc, a company registered in England and Wales (the “Company”), and the individual named on the Participant Master Signature Page hereto (the “Participant”) is made on the date set forth on such Participant Master Signature Page.

Gates Industrial Corp Plc – NONQUALIFIED STOCK OPTION AGREEMENT (February 14th, 2019)

THIS AGREEMENT (the “Agreement”) by and between Gates Industrial Corporation plc., a company registered in England and Wales (the “Company”), and the individual named on the Participant Master Signature Page hereto (the “Participant”) is made on the date set forth on such Participant Master Signature Page.

Cibus Global, Ltd. – NONQUALIFIED STOCK OPTION AGREEMENT (February 4th, 2019)

This NONQUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is made as of _____________ __, 20__, by and between Cibus Corp., a Delaware corporation (the “Company”), and _________________ (the “Optionee”).

Cibus Global, Ltd. – NONQUALIFIED STOCK OPTION AGREEMENT (February 4th, 2019)

This NONQUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is made as of _____________ __, 20__, by and between Cibus Corp., a Delaware corporation (the “Company”), and _________________ (the “Optionee”).

Twin River Worldwide Holdings, Inc. – TWIN RIVER WORLDWIDE HOLDINGS, INC. AMENDMENT TO NONQUALIFIED STOCK OPTION AGREEMENT(S) (January 25th, 2019)

THIS AMENDMENT (this “Amendment”) is effective as of August 19, 2015 between Twin River Worldwide Holdings, Inc. (f/k/a BLB Worldwide Holdings, Inc., the “Company”) and Glenn Carlin (the “Participant”):

Twin River Worldwide Holdings, Inc. – TWIN RIVER WORLDWIDE HOLDINGS, INC. AMENDMENT TO NONQUALIFIED STOCK OPTION AGREEMENT(S) (January 25th, 2019)

THIS AMENDMENT (this “Amendment”) is effective as of September 23, 2015 between Twin River Worldwide Holdings, Inc. (f/k/a BLB Worldwide Holdings, Inc., the “Company”) and Glenn Carlin (the “Participant”):

Twin River Worldwide Holdings, Inc. – TWIN RIVER WORLDWIDE HOLDINGS, INC. NONQUALIFIED STOCK OPTION AGREEMENT (January 25th, 2019)

This AGREEMENT (this “Agreement”), is made effective as of the 10th day of July 2013 (the “Date of Grant”) between Twin River Worldwide Holdings, Inc., a Delaware corporation (the “Company”), and Glenn Carlin (the “Participant”):

Twin River Worldwide Holdings, Inc. – TWIN RIVER WORLDWIDE HOLDINGS, INC. AMENDMENT TO NONQUALIFIED STOCK OPTION AGREEMENT(S) (January 25th, 2019)

THIS AMENDMENT (this “Amendment”) is effective as of January 12, 2017 between Twin River Worldwide Holdings, Inc. (f/k/a BLB Worldwide Holdings, Inc., the “Company”) and Glenn Carlin (the “Participant”):

Twin River Worldwide Holdings, Inc. – TWIN RIVER WORLDWIDE HOLDINGS, INC. AMENDMENT TO NONQUALIFIED STOCK OPTION AGREEMENT (January 25th, 2019)

THIS AMENDMENT (this “Amendment”) is effective as of August 19, 2014 between Twin River Worldwide Holdings, Inc. (f/k/a BLB Worldwide Holdings, Inc., the “Company”) and Glenn Carlin (the “Participant”):

HCI Group, Inc. – HCI GROUP, INC. NONQUALIFIED STOCK OPTION AGREEMENT (January 22nd, 2019)

HCI Group, Inc. hereby grants to the Optionee an option to purchase the Number of Option Shares set forth below, in the manner and subject to the provisions of this Option Agreement. Capitalized terms used but not defined herein shall have the meanings given to them in the Plan.

Capital Senior Living Corp – NONQUALIFIED STOCK OPTION AGREEMENT (January 8th, 2019)

This Nonqualified Stock Option Agreement (this “Agreement”) sets forth the terms of a nonqualified stock option award granted on January 7, 2019 (“Date of Grant” or the “Effective Date”) by Capital Senior Living Corporation, a Delaware corporation (the “Company”), to Kimberly Lody (“Holder”). This Agreement is made as an inducement to the Holder to accept employment with the Company, and as such is not subject to the terms, and provisions, of the 2007 Omnibus Stock and Incentive Plan For Capital Senior Living Corporation as amended and restated and as may be amended and restated subsequent to the Date of Grant (the “Plan”), however, capitalized terms used but not defined in this Agreement have the meanings ascribed to them in the Plan provided, however, that the term Change in Control as used in this Agreement shall have the meaning ascribed in the Employment Agreement.

Drone Aviation Holding Corp. – AMENDMENT TO NONQUALIFIED STOCK OPTION AGREEMENT (December 27th, 2018)

THIS AMENDMENT TO NONQUALIFIED STOCK OPTION AGREEMENT (the “Amendment”) is made effective as of December __, 2017 (the “Effective Date”) by and between Drone Aviation Holding Corp., a Nevada corporation (the “Corporation”) and ________________ (the “Holder”) (collectively the “Parties”).

Nrc Group Holdings Corp. – Nonqualified Stock Option Agreement (December 21st, 2018)

This NONQUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is made as of __________, by and between NRC Group Holdings Corp., a Delaware corporation (the “Company”), and _________________ (the “Grantee”).

Blonder Tongue Laboratories Inc – BLONDER TONGUE LABORATORIES, INC. NONQUALIFIED STOCK OPTION AGREEMENT (December 20th, 2018)

THIS AGREEMENT is made and entered into as of the 29th day of October, 2018 (the “Grant Date”), by and between BLONDER TONGUE LABORATORIES, INC. a Delaware corporation (the “Company”), and Edward R. Grauch (the “Optionee”).

Blonder Tongue Laboratories Inc – BLONDER TONGUE LABORATORIES, INC. NONQUALIFIED STOCK OPTION AGREEMENT (December 20th, 2018)

THIS AGREEMENT is made and entered into as of the 16th day of August, 2018 (the “Grant Date”), by and between BLONDER TONGUE LABORATORIES, INC. a Delaware corporation (the “Company”), and Ronald Alterio (the “Optionee”).

Falcon Minerals Corp – NONQUALIFIED STOCK OPTION AGREEMENT PURSUANT TO THE FALCON MINERALS CORPORATION 2018 LONG-TERM INCENTIVE PLAN (December 4th, 2018)

THIS NON-QUALIFIED STOCK OPTION AWARD AGREEMENT (this “Agreement”), dated as of the Grant Date specified above, is entered into by and between Falcon Minerals Corporation, a Delaware corporation (the “Company”), and the Participant specified above, pursuant to the Falcon Minerals Corporation 2018 Long-Term Incentive Plan, as in effect and as amended from time to time (the “Plan”), which is administered by the Committee; and

Altimmune, Inc. – NONQUALIFIED STOCK OPTION AGREEMENT PURSUANT TO THE ALTIMMUNE, INC. 2018 INDUCEMENT GRANT PLAN (December 3rd, 2018)

THIS NON-QUALIFIED STOCK OPTION AWARD AGREEMENT (this “Agreement”), dated as of the Grant Date specified above, is entered into by and between Altimmune, Inc., a Delaware corporation (the “Company”), and the Participant specified above, pursuant to the Altimmune, Inc. 2018 Inducement Grant Plan, as in effect and as amended from time to time (the “Plan”), which is administered by the Committee; and

Varian Medical Systems Inc – VARIAN MEDICAL SYSTEMS, INC. Fifth Amended and Restated 2005 Omnibus Stock Plan TIME-BASED NONQUALIFIED STOCK OPTION AGREEMENT (November 26th, 2018)

Varian Medical Systems, Inc. (the “Company”) hereby grants the employee (“Employee”) named on the Summary of Grant Award (the “Grant Summary”) a time-based nonqualified stock option under the Company’s Fifth Amended and Restated 2005 Omnibus Stock Plan (the “Plan”), to purchase shares of common stock of the Company (“Shares”) from the date of this Agreement (the “Grant Date”) and expiring on the Expiration. The maximum number of Shares purchasable pursuant to this option (“Shares Granted”), the purchase price per Share and the option expiration date (the “Expiration Date”) are stated on the Grant Summary.* However, as provided in the Terms and Conditions of 2005 Omnibus Stock Plan Time-based Nonqualified Stock Option attached hereto as Appendix A (Officers), this option may expire earlier than the Expiration Date. Subject to the provisions of Appendix A, which includes the Country-Specific Addendum, and of the Plan, the principal features of this option are as follows:

Akoustis Technologies, Inc. – AKOUSTIS TECHNOLOGIES, INC. 2018 STOCK INCENTIVE PLAN Nonqualified Stock Option Agreement (November 16th, 2018)

THIS AGREEMENT (together with Schedule A attached hereto, the “Agreement”), effective as of the date specified as the “Grant Date” on Schedule A attached hereto, is between AKOUSTIS TECHNOLOGIES, INC., a Delaware corporation (the “Company”), and an Employee, Director or Consultant of the Company or an Affiliate, as identified on Schedule A attached hereto (the “Participant”).

PetIQ, Inc. – PETIQ, INC. 2017 OMNIBUS INCENTIVE PLAN NONQUALIFIED STOCK OPTION AGREEMENT (November 14th, 2018)

THIS NONQUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is made effective as of [______], 20[__] (the “Grant Date”) by and between PetIQ, Inc., a Delaware corporation (the “Company”), and ______________________ (the “Participant”), pursuant to the PetIQ, Inc. 2017 Omnibus Incentive Plan, as in effect and as amended from time to time (the “Plan”).  Capitalized terms that are not defined herein shall have the meanings given to such terms in the Plan.