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.

Flux Power Holdings, Inc. – Flux Power Holdings, Inc. Non-Qualified Stock Option Agreement (February 13th, 2019)

Pursuant to the terms and conditions of the Flux Power Holdings, Inc. 2014 Equity Incentive Plan (the "Plan") and this Non-Qualified Stock Option Agreement, together with the attached Terms and Conditions, which are incorporated herein by reference (the "Agreement"), you have been granted an Non-Qualified Stock Option to purchase shares of common stock (this "Option") as outlined below.

ShockWave Medical, Inc. – I Am Pleased to Offer You a Position With Shockwave Medical (The Company), as Its Chief Financial Officer. If You Decide to Join Us, You Will Receive an Annual Salary of $290,000 Which Will Be Paid Semi-Monthly in Accordance With the Companys Normal Payroll Procedures. As an Employee, You Will Also Be Eligible to Receive Certain Employee Benefits Including Health, Dental and Vision Care Coverage, Paid Vacation and Paid Company Holidays. In Addition, if You Decide to Join the Company, It Will Be Recommended at the First Meeting of the Companys Board of Directors Following Your Start Date That t (February 8th, 2019)
ShockWave Medical, Inc. – I Am Pleased to Offer You a Position With Shockwave Medical (The Company), as Its President and Chief Executive Officer and a Member of the Companys Board of Directors (The Board). If You Decide to Join Us, You Will Receive a Base Annual Salary of $375,000, Less Applicable Withholdings, Which Will Be Paid Semi- Monthly in Accordance With the Companys Normal Payroll Procedures. In Addition, You Will Be Eligible to Receive an Annual Bonus in an Amount Equal to Forty Percent (40%) of Your Then Existing Annual Base Salary Subject to Your and the Companys Achievement of Milestones to Be Established (February 8th, 2019)
Cerner Corporation Associate Equity Participation Program Non-Qualified Stock Option Agreement (February 8th, 2019)

WHEREAS, the Stock Option Committee of the Board of Directors of the Company (the "Committee") has determined that the Optionee is eligible to receive an option to purchase shares of common stock of the Company under the Company's Non-Qualified Stock Option Plan D or Plan E (the "Plan"), as so indicated on the Face;

Expedia, Inc. Stock Option Agreement (February 8th, 2019)

THIS AGREEMENT (this "Agreement"), dated [*], is entered into by and between Expedia, Inc., a Delaware corporation (the "Corporation") and [*] (the "Participant"). All capitalized terms used herein, to the extent not defined, shall have the meanings set forth in the Corporation's Fourth Amended and Restated 2005 Stock and Annual Incentive Plan (as amended from time to time, the "Plan").

ShockWave Medical, Inc. – I Am Pleased to Offer You a Promotion to the Position of Chief Commercial Officer Beginning on December 3, 2018. In This Role, You Will Receive an Annual Base Salary of $310,000 Less Applicable Withholdings, Which Will Be Paid Semi- Monthly in Accordance With the Companys Normal Payroll Procedures. As in Your Prior Position, You Will Continue to Be Eligible to Receive Certain Employee Benefits Including Health, Dental and Vision Care Coverage, Paid Vacation, Paid Company Holidays and Participate in the Company Annual Bonus Incentive Plan. If the Bonus Plan Is Approved by the Board of Directors, (February 8th, 2019)
Unifi, Inc. – Stock Option Agreement (February 6th, 2019)

This Stock Option Agreement (this "Agreement") is made by and between UNIFI, INC., a New York corporation (the "Company"), and [_________], an Independent Director of the Company (the "Optionee").

Monaker Group, Inc. – Monaker Group, Inc. 2017 Equity Incentive Plan Stock Option Agreement (January 25th, 2019)

Unless otherwise defined herein, the terms in the Stock Option Agreement (the "Option Agreement") have the same meanings as defined in the Monaker Group, Inc. 2017 Equity Incentive Plan (the "Plan").

Amcon Distributing Company – Amcon Distributing Company 2018 Omnibus Incentive Plan [Incentive][or][nonqualified] Stock Option Agreement (January 18th, 2019)

This [Incentive][OR][Nonqualified] Stock Option Agreement dated [__________], 20[__] (this "Award Agreement"), is made by and between AMCON Distributing Company, a Delaware corporation (the "Company"), and [_______] ("Optionee").

Atossa Genetics Inc. – STOCK OPTION AGREEMENT UNDER THE ATOSSA GENETICS INC. 2010 STOCK OPTION AND INCENTIVE PLAN (As Amended January 13, 2019) Name of Optionee: ___________ No. Of Option Shares: ___________ Option Exercise Price Per Share: __________ Vesting Commencement Date: ____________ Grant Date: ___________ Expiration Date: _____________ (January 15th, 2019)

Pursuant to the Atossa Genetics Inc. 2010 Stock Option and Incentive Plan as amended through the date hereof (the "Plan"), Atossa Genetics Inc. (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 $0.18 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; provided, however, that the Stock Option is subject to and conditioned upon stockholder approval within one year of January 13, 2019 of (i) an increase in the number of shares issuable under the Plan so that the Stock is included in the Plan, and (ii) all other amendments to the Plan that may be necessary so that the Stock Option is valid under the Plan (the "Stockholder Approval"). If Stockholder Approval is not obtained within one year of January 1

Herman Miller, Inc. Long-Term Incentive Plan Stock Option Agreement (January 9th, 2019)

This certifies that Herman Miller, Inc. (the "Company") has on August 22, 2018 (the "Award Date"), granted to Andrea Owen (the "Participant") an award (the "Award") of an option to purchase 77,447 shares of the Company's common stock, par value $.20 per share (the "Option Shares") pursuant to and under the Herman Miller, Inc. 2011 Long-Term Incentive Plan (the "Plan") and subject to the terms set forth in this Option Agreement. A copy of the Plan Prospectus has been delivered to Participant, and a copy of the Plan is available from the Company on request. The Plan is incorporated into this Option Agreement by reference, and in the event of any conflict between the terms of the Plan and this Option Agreement, the terms of the Plan will govern; provided, however, that definitions under this Award Agreement shall govern. Any capitalized terms not defined herein will have the meaning set forth in the Plan.

MarketAxess Holdings, Inc. – Stock Option Agreement Pursuant to the Marketaxess Holdings Inc. 2012 Incentive Plan (January 9th, 2019)
Herman Miller, Inc. Long-Term Incentive Plan Stock Option Agreement (January 9th, 2019)

This certifies that Herman Miller, Inc. (the "Company") has on %%OPTION_DATE,'Month DD, YYYY'%-% (the "Award Date"), granted to %%FIRST_NAME%-% %%LAST_NAME%-% (the "Participant") an award (the "Award") of an option to purchase %%TOTAL_SHARES_GRANTED,'999,999,999'%-% shares of the Company's common stock, par value $.20 per share (the "Option Shares") pursuant to and under the Herman Miller, Inc. 2011 Long-Term Incentive Plan (the "Plan") and subject to the terms set forth in this Option Agreement. A copy of the Plan Prospectus has been delivered to Participant, and a copy of the Plan is available from the Company on request. The Plan is incorporated into this Option Agreement by reference, and in the event of any conflict between the terms of the Plan and this Option Agreement, the terms of the Plan will govern; provided, however, that definitions under this Award Agreement shall govern. Any capitalized terms not defined herein will have the meaning set forth in the Plan.

Cavco Industries, Inc. – Cavco Industries, Inc. Stock Option Agreement (January 8th, 2019)

Effective [DATE], you have been granted a non-qualified Option to purchase up to [NUMBER OF SHARES] shares of the common stock, par value $.01 per share, of Cavco Industries, Inc., a Delaware corporation (the "Company"), for [OPTION PRICE] per share (the "Option"). This Option is granted under the Cavco Industries, Inc. 2005 Stock Incentive Plan (as such plan may be amended from time to time, the "Plan"). A copy of the Plan is available to you upon request to the Corporate Secretary during the term of this Option. This Option will terminate upon the close of business on [TERMINATION DATE] unless earlier terminated as described herein or in the Plan. This Option will vest and become exercisable in the amounts and on the dates shown below, provided that, except as expressly provided in the proviso of the first sentence of the next paragraph, the optionee must be in continuous Employment or in continuous service as a Director from the Grant Date through the date shown below for the Option

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").