Stock Option Agreement Sample Contracts

Stock Option AgreementA stock option agreement is a negotiable instrument that gives the holder of the option the right to buy or sell a certain number of shares of the stock at a specified price with a specific timeframe.  Stock option agreements are often between corporations and select employees.

PDL Community Bancorp – Non-Qualified Stock Option Agreement for Non-Employee Directors Under the Pdl Community Bancorp 2018 Long-Term Incentive Plan (December 12th, 2018)

Pursuant to the PDL Community Bancorp 2018 Long-Term Incentive Plan as amended through the date hereof (the "Plan"), PDL Community Bancorp (the "Company") hereby grants to the Optionee named above an option (the "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 $0.01 per share (the "Stock"), of the Company specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein 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.

PDL Community Bancorp – Qualified Stock Option Agreement for Employees Under the Pdl Community Bancorp 2018 Long-Term Incentive Plan (December 12th, 2018)

Pursuant to the PDL Community Bancorp 2018 Long-Term Incentive Plan as amended through the date hereof (the "Plan"), PDL Community Bancorp (the "Company") hereby grants to the Optionee named above an option (the "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 $0.01 per share (the "Stock") of the Company specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan. This Stock Option is intended to be an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended.

Capital Bancorp Inc – STOCK OPTION AGREEMENT (For Incentive Stock Options) (November 21st, 2018)

This STOCK OPTION AGREEMENT is made and entered into as of this 31st day of December, 20__, between Capital Bancorp, Inc., a Maryland corporation (the "Company") and __________ ("Participant").

STOCK OPTION AGREEMENT (Employment Inducement Grant) (November 13th, 2018)

This NON-STATUTORY STOCK OPTION AGREEMENT, dated as of August 15, 2018 (this Agreement), is between NETLIST, INC., a Delaware corporation (the Company), and Alexander Tinsley, (the Optionee).

STOCK OPTION AGREEMENT (Employment Inducement Grant) (November 13th, 2018)

This NON-STATUTORY STOCK OPTION AGREEMENT, dated as of October 12, 2018 (this Agreement), is between NETLIST, INC., a Delaware corporation (the Company), and Charles Hausman, (the Optionee).

MarketAxess Holdings, Inc. – Stock Option Agreement Pursuant to the Marketaxess Holdings Inc. 2012 Incentive Plan (November 13th, 2018)
MarketAxess Holdings, Inc. – Stock Option Agreement Pursuant to the Marketaxess Holdings Inc. 2012 Incentive Plan (November 13th, 2018)
Non-Qualified Stock Option Agreement (November 13th, 2018)

Woodward, Inc., a Delaware corporation (the "Company"), hereby grants Non-Qualified Stock Options (or NQs) to you (the "Grantee") under the Company's 2017 Omnibus Incentive Plan (the "Plan") in the amount described in your E*TRADE account for this year's grant, with reference to the following facts:

Kala Pharmaceuticals, Inc. – Non-Qualified Stock Option Agreement (November 8th, 2018)
Voyager Therapeutics, Inc. – Voyager Therapeutics, Inc. Non-Qualified Stock Option Agreement Inducement Grant Pursuant to Nasdaq Stock Market Rule 5635(c)(4) (November 7th, 2018)

This agreement (the "Agreement") evidences the grant by Voyager Therapeutics, Inc. (the "Company") to the Optionee named above, an employee of the Company, of an option (the "Stock Option") to purchase, on the terms provided herein, all or part of the number of shares of common stock, par value $0.001 per share, of the Company (the "Stock") specified above at the Option Exercise Price per Share specified above. Except as otherwise indicated by the context, the term "Optionee", as used herein, shall be deemed to include any person who acquires the right to exercise the Stock Option validly under its terms.

United Insurance Hld – United Insurance Holdings Corp. Omnibus Incentive Plan Stock Option Agreement (November 7th, 2018)

United Insurance Holdings Corp., a Delaware corporation (the "Company"), hereby grants to the individual ("Optionee") named in the award notice attached hereto (the "Award Notice") as of the date set forth in the Award Notice (the "Grant Date"), pursuant to the provisions of the United Insurance Holdings Corp. Omnibus Incentive Plan (the "Plan"), an option to purchase from the Company the number of shares of the Company's common stock, par value $0.0001 per share ("Stock"), set forth in the Award Notice at the price per share set forth in the Award Notice (the "Exercise Price"), upon and subject to the terms and conditions set forth below, in the Award Notice and in the Plan (such stock option, the "Option"). Capitalized terms not defined herein shall have the meanings specified in the Award Notice or the Plan.

Mitek System Inc. – Stock Option Agreement (November 7th, 2018)

Mitek Systems, Inc. (the "Company") hereby grants to you, Scipio "Max" Carnecchia (the "Executive") an option to purchase that number of shares of Common Stock set forth below (the "Option"), as an inducement grant pursuant to Nasdaq Listing Rule 5635(c)(4) and subject to the terms and conditions below. Capitalized terms used and not otherwise defined herein shall have the meanings set forth in the Amended and Restated Mitek Systems, Inc. 2012 Incentive Plan (the "Plan"), a copy of which is attached hereto as Attachment 1.

Mitek System Inc. – Performance Stock Option Agreement (November 7th, 2018)

Mitek Systems, Inc. (the "Company") hereby grants to you, Scipio "Max" Carnecchia (the "Executive") an option to purchase that number of shares of Common Stock set forth below (the "Option"), as an inducement grant pursuant to Nasdaq Listing Rule 5635(c)(4) and subject to the terms and conditions below. Capitalized terms used and not otherwise defined herein shall have the meanings set forth in the Amended and Restated Mitek Systems, Inc. 2012 Incentive Plan (the "Plan"), a copy of which is attached hereto as Attachment 1.

Mitek System Inc. – Conditional Stock Option Agreement (November 7th, 2018)

Mitek Systems, Inc. (the "Company") hereby grants to you, Scipio "Max" Carnecchia (the "Executive") an option to purchase that number of shares of Common Stock set forth below (the "Conditional Option"), as an inducement grant pursuant to Nasdaq Listing Rule 5635(c)(4) and subject to the terms and conditions below. Capitalized terms used and not otherwise defined herein shall have the meanings set forth in the Amended and Restated Mitek Systems, Inc. 2012 Incentive Plan (the "Plan"), a copy of which is attached hereto as Attachment 1.

STOCK OPTION AGREEMENT Pursuant to the Sysco Corporation 2013 Long-Term Incentive Plan (November 6th, 2018)

Under the terms and conditions of the Sysco Corporation 2013 Long-Term Incentive Plan, (the "Plan"), the terms of which are hereby incorporated into this Stock Option Agreement (this "Agreement") by reference, Sysco Corporation (the "Company" or "Sysco") grants to you (the "Optionee") an option to purchase shares of the Company's Common Stock, $1.00 par value, ("Stock") subject to adjustment as provided in the Plan (the "Option"). The Option is offered in accordance with and subject to the terms, conditions and restrictions of this Agreement, including any country-specific provisions for the Optionee's country in Appendix A attached hereto. The number of shares of Stock subject to this Agreement, the exercise price of the Option, and the date of grant (the "Grant Date") are set forth in the records of the Company and have been made available to the Optionee either (1) directly to the Optionee by the Company, or (2) electronically by the Company to the Optionee through the website of

Seattle Genetics, Inc. Amended and Restated 2007 Equity Incentive Plan Stock Option Agreement for Non-Us Participants (October 26th, 2018)

THIS STOCK OPTION AGREEMENT (the "Agreement") dated %%OPTION_DATE,'MM/DD/YYYY'%-% ("Grant Date") between Seattle Genetics, Inc., a Delaware corporation (the "Company"), and %%FIRST_NAME%-% %%MIDDLE_NAME%-% %%LAST_NAME%-% ("Optionee"), is entered into as follows:

Seattle Genetics, Inc. Amended and Restated 2007 Equity Incentive Plan Stock Option Agreement (October 26th, 2018)

THIS STOCK OPTION AGREEMENT (the "Agreement") dated %%OPTION_DATE,'MM/DD/YYYY'%-% ("Grant Date") between Seattle Genetics, Inc., a Delaware corporation (the "Company"), and %%FIRST_NAME%-% %%MIDDLE_NAME%-% %%LAST_NAME%-% ("Optionee"), is entered into as follows:

World Acceptance Corporation – Stock Option Agreement (October 16th, 2018)

THIS AGREEMENT, effective as of the Grant Date above, represents the grant by the Company of an option to purchase the Option Shares to the Participant named above, pursuant to the provisions of the Plan and this Agreement. All capitalized terms shall have the meanings ascribed to them in the Plan, unless specifically set forth otherwise herein. The parties hereto agree as follows:

Marathon Patent Group, Inc. 2018 Equity Incentive Plan Non-Qualified Stock Option Agreement (October 16th, 2018)

This NON--QUALIFIED STOCK OPTION AGREEMENT (the "Option Agreement"), dated as of the __ day of ______, 201_ and (the "Grant Date"), is between Marathon Patent Group, Inc., a Nevada corporation (the "Company"), and ________________ (the "Optionee"), a director, officer, employees of, or consultant or advisor to, the Company or a Subsidiary of the Company (a "Related Corporation"), pursuant to Marathon Patent Group, Inc. 2018 Equity Incentive Plan (the "Plan"), approved by shareholders at the 2017 Annual Meeting of Shareholders held March 7, 2018.

World Acceptance Corporation – Stock Option Agreement (October 16th, 2018)

THIS AGREEMENT, effective as of the Grant Date above, represents the grant by the Company of an option to purchase the Option Shares to the Participant named above, pursuant to the provisions of the Plan and this Agreement. All capitalized terms shall have the meanings ascribed to them in the Plan, unless specifically set forth otherwise herein. The parties hereto agree as follows:

Non-Statutory Stock Option Agreement (October 12th, 2018)

THIS NON-STATUTORY STOCK OPTION AGREEMENT is made as of _______, 2010, by and between Ark Restaurants Corp., a New York corporation having its principal executive offices at 85 Fifth Avenue, New York, NY 10003 (the "Grantor"), and _______________ an individual residing at [___________________________] (the "Optionee").

ADDvantage Technologies Group, Inc. – Non-Qualified Stock Option Agreement (October 11th, 2018)

This NON-QUALIFIED STOCK OPTION AGREEMENT (the "Agreement"), made and entered into as of October 8, 2018, by and between ADDvantage Technologies Group, Inc., an Oklahoma corporation (the "Company"), and the below named employee of the Company (the "Optionee");

Generex Biotechnology Corporation – Stock Option Agreement (October 9th, 2018)

This STOCK OPTION AGREEMENT (this "Agreement"), dated as of October 3, 2018 (the "Grant Date"), is between (the "Optionee") and Generex Biotechnology Corporation, a Delaware corporation (the "Company").

Advance Holdings, LLC – 2018 Equity Incentive Plan Stock Option Agreement (October 9th, 2018)

Unless otherwise defined herein, the terms defined in the Revolve Group, Inc. 2018 Equity Incentive Plan (the "Plan") will have the same defined meanings in this Stock Option Agreement, which includes the Notice of Stock Option Grant (the "Notice of Grant"), the Terms and Conditions of Stock Option Grant attached hereto as Exhibit A, and all appendices and exhibits attached thereto (all together, the "Option Agreement").

Seitel – Seitel Holdings, Inc. Stock Option Agreement (October 9th, 2018)

THIS STOCK OPTION AGREEMENT (this "Agreement") is entered into as of October 3, 2018 (the "Grant Date") between Seitel Holdings, Inc., a Delaware corporation (the "Company"), and Robert D. Monson ("Participant").

LogicBio Therapeutics, Inc. – Logicbio Therapeutics, Inc. 2014 Equity Incentive Plan Stock Option Agreement (October 9th, 2018)
Seitel – Seitel Holdings, Inc. Stock Option Agreement (October 9th, 2018)

THIS STOCK OPTION AGREEMENT (this "Agreement") is entered into as of October 3, 2018 (the "Grant Date") between Seitel Holdings, Inc., a Delaware corporation (the "Company"), and [____________] ("Participant").

LogicBio Therapeutics, Inc. – Logicbio Therapeutics, Inc. 2018 Equity Incentive Plan Non-Statutory Stock Option Agreement (October 9th, 2018)
Axonics Modulation Technologies, Inc. – Axonics Modulation Technologies, Inc. Stock Option Agreement (October 5th, 2018)
Denali Holding Inc. – AMENDED AND RESTATED STOCK OPTION AGREEMENT Time Vesting Option (October 4th, 2018)
Denali Holding Inc. – AMENDED AND RESTATED STOCK OPTION AGREEMENT Performance Vesting Option (October 4th, 2018)
FORM OF HEAT BIOLOGICS, INC. NON-STATUTORY STOCK OPTION AGREEMENT Granted Under 2018 Stock Incentive Plan (October 4th, 2018)
Denali Holding Inc. – AMENDED AND RESTATED STOCK OPTION AGREEMENT Time Vesting Option (October 4th, 2018)
Denali Holding Inc. – STOCK OPTION AGREEMENT Non-Employee Director Option Sign-On Grant (October 4th, 2018)
Denali Holding Inc. – AMENDED AND RESTATED STOCK OPTION AGREEMENT Non-Employee Director Option Annual Grant (October 4th, 2018)