ContractNontransferable Non-Incentive Stock Option Agreement this Agreement • August 9th, 2005 • Osteotech Inc • Surgical & medical instruments & apparatus
NONTRANSFERABLE NON-INCENTIVE STOCK OPTION AGREEMENT THIS AGREEMENT (the “Agreement”), is dated as of [___________, ______], by and between OSTEOTECH, INC., a Delaware corporation (the “Company”), and Richard W. Bauer (the “Optionee”), pursuant to the Company’s 2000 Stock Plan (the “Plan”). For good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the Company and Optionee hereby agree as follows: 1. Grant of Option. The Company hereby grants to Optionee, effective as of the date set forth above (the “Grant Date”), the right and option (hereinafter called the “Option”) to purchase up to an aggregate of [________] shares of common stock, par value $0.01 per share (the “Common Stock”), of the Company at a price of $[_____] per share, upon the terms and conditions set forth in this Agreement and in the Plan. This Option is not intended to be an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (th
