Grant of Option; Certain Terms and Conditions. The Company hereby --------------------------------------------- grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the "Option Shares") at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the "Option"). On each anniversary of the Date of Grant, the Option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: ____________________ Date of Grant: _____________________ Number of shares purchasable: _____________________ Exercise Price per share: _____________________ Expiration Date: _____________________ Annual Vesting Rate: ____________________% The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").
Grant of Option; Certain Terms and Conditions. The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: Gxxxxx X. Xxxxxxx Date of Grant: August 23, 2001 Number of shares purchasable: 5,000 Exercise Price per share: $15.70 Expiration Date: August 22, 2006 Annual Vesting Rate: 100% vested on date of grant The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (an “Incentive Stock Option”).
Grant of Option; Certain Terms and Conditions. The Company hereby grants to Optionee, and Optionee hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 o’clock p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each of the first, second, third, fourth and fifth anniversaries of March 31, 2004, the Option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Vesting Rate indicated below. Optionee: Xxxxx X. Xxxxx Date of Grant: March 31, 2004 Number of shares purchasable: 19,444 Exercise Price per share: $100.00 Expiration Date: March 30, 2014 Vesting Rate: 20% per year on a cumulative basis The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code (an “Incentive Stock Option”).
Grant of Option; Certain Terms and Conditions. The Company hereby --------------------------------------------- grants to Employee, and Employee hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the "Option Shares") at the Exercise Price per share indicated below, which option shall expire at 5:00 o'clock p.m., Boston time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the "Option"). The Option shall become exercisable to purchase ("Vesting Rate") that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Vesting Rate indicated below. Employee: Xxxx. X. Xxxxxxx Date of Grant: August 30, 2000 Number of shares purchasable: 47,893 Exercise Price per share: $10.50 Expiration Date: August 30, 2010 Vesting Rate: 17% on August 30, 2001; 17% on August 30, 2002; 33% on August 30, 2003; 33% on August 30, 2004. The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code.
Grant of Option; Certain Terms and Conditions. The Company hereby grants to Optionee, and Optionee hereby accepts, as of the Date of Grant indicated below, an option (the "Option") to purchase the number of Common Shares indicated below (the "Option Shares") at the Exercise Price per share indicated below. The Option shall expire at 5:00 p.m., prevailing Pacific Time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in the 1995 Plan and this Agreement. Optionee: ____________________ Date of Grant: _____________, 199__ Numbers of shares purchasable: ______________shares Exercise Price per share: $_________ Expiration Date: _____________, 200__ Vesting Rate: _________shares on__
Grant of Option; Certain Terms and Conditions. The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below.
Grant of Option; Certain Terms and Conditions. The Company hereby grants to Optionee, and Optionee hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the "Option Shares") at the Exercise Price per share indicated below, which option shall expire at 5:00 o'clock p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the "Option"). On each of the first, second, third, fourth and fifth anniversaries of , 2005 (each a "Vesting Date"), the Option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Vesting Rate indicated below. Optionee: Date of Grant: , 2005 Number of shares purchasable: Exercise Price per share: $1,000.00 Expiration Date: , 2015 Vesting Rate: 20% The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code.
Grant of Option; Certain Terms and Conditions. The Company hereby grants to Employee, and Employee hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the "Option Shares") at the Exercise Price per share indicated below, which option shall expire at 5:00 o'clock p.m., Pacific Time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the "Option"). The Option shall become exercisable to purchase ("vest with respect to") that all of the Option Shares on the later of the Date of Grant or the date the Condition is satisfied. Employee: Xxxxxxx X. Xxxxxx Date of Grant: July 26, 1994 Number of share purchasable: 30,000 Exercise Price per share: 17.00 Expiration Date: July 26, 2004 The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code (an "Incentive Stock Option").
Grant of Option; Certain Terms and Conditions. As of the date hereof ("Date of Grant"), the Company hereby grants to Optionee, and Optionee hereby accepts, an option (the "Option") to purchase 81,250 shares of Common Stock (the "Option Shares") at the Exercise Price per share of $7.00 ("Exercise Price"). This Option shall expire at 5:00 p.m., Pacific Standard Time, on September 1, 2008 (the "Expiration Date"), or on such earlier date as provided herein, and shall be subject to all of the terms and conditions set forth in this Agreement.
Grant of Option; Certain Terms and Conditions. Virata and the --------------------------------------------- Company hereby grant to Employee, and Employee hereby accepts, as of the Date of Grant, an option (the "Option") to purchase the number of Ordinary Shares indicated below (the "Option Shares") at the Exercise Price per share indicated below, which option shall expire at 5:00 o'clock p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the "Option"). The Option shall become exercisable to purchase upon vesting, and shall vest with respect to that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Vesting Rate indicated below (the "Options Subject to Vesting").
