Examples of Stock Option Agreement in a sentence
The Option Plan shall have been amended by the Company on the date of execution of this Agreement in the form set forth in Exhibit E and such amendment shall remain in full force and effect without any further amendments, and each Optionholder shall have executed the modified standard form Employee Stock Option Agreement in the form set forth in Exhibit E.
You will vest in 25% of the Option shares after 12 months of continuous service, and the balance will vest in equal monthly installments over the next 36 months of continuous service, as described in the applicable Stock Option Agreement.
The Option will be subject to the terms and conditions applicable to options granted under the Company's Stock Plan (the "Plan"), as described in the Plan and the applicable Stock Option Agreement.
Type of Security: ____ Option to purchase Common Stock or ____ Restricted Common Stock Exercise/Purchase Price: Exercise or purchase price shall be equal to the fair market value of the Company’s Common Stock, which will be documented in the applicable Stock Option Agreement or Restricted Stock Purchase Agreement to be entered into by Advisor and the Company.
The options will be reflected in a separate Stock Option Agreement.