200185601 v2. (b) any shares of Common Stock so purchased from installments that have not vested as of the date of exercise will be subject to the purchase option in favor of the Company as described in the Company’s form of Early Exercise Stock Purchase Agreement; and
200185601 v2. By this exercise, I agree (i) to provide such additional documents as you may require pursuant to the terms of the HTG Molecular Diagnostics, Inc. 2014 Equity Incentive Plan and (ii) to provide for the payment by me to you (in the manner designated by you) of your withholding obligation, if any, relating to the exercise of this option. Very truly yours,
200185601 v2. HTG Molecular Diagnostics, Inc. Stock Option Grant Notice (2014 Equity Incentive Plan; Inducement Award) HTG Molecular Diagnostics, Inc. (the “Company”), pursuant to its 2014 Equity Incentive Plan (the “Plan”), hereby grants to Optionholder an option to purchase the number of shares of the Company’s Common Stock set forth below. This option is subject to all of the terms and conditions as set forth in this notice, in the Option Agreement, the Plan and the Notice of Exercise, all of which are attached hereto and incorporated herein in their entirety. Capitalized terms not explicitly defined herein but defined in the Plan or the Option Agreement will have the same definitions as in the Plan or the Option Agreement. If there is any conflict between the terms in this notice and the Plan, the terms of the Plan will control. This option is intended to be an Inducement Award (as defined in the Plan), and all shares issued on exercise of this option shall be funded from the Inducement Shares as provided in Section 3(e) of the Plan. Optionholder: Date of Grant: Vesting Commencement Date: Number of Shares Subject to Option: Exercise Price (Per Share): Total Exercise Price: Expiration Date: Type of Grant: ☒ Nonstatutory Stock Option Exercise Schedule: ☒ Same as Vesting Schedule ☐ Early Exercise Permitted Vesting Schedule: [1/4th of the shares vest on the one year anniversary of the Vesting Commencement Date; the balance of the shares vest in a series of twelve (12) successive equal quarterly installments on the last day of each calendar quarter, commencing with the last day of the calendar quarter first occurring after the one year anniversary of the Vesting Commencement Date, subject to the Optionholder’s Continuous Service through each such vesting date.]4 [The shares vest in a series of sixteen (16) successive equal quarterly installments on the last day of each calendar quarter, commencing with the last day of the calendar quarter first occurring after the Vesting Commencement Date, subject to the Optionholder’s Continuous Service through each such vesting date.]5 Payment: By one or a combination of the following items (described in the Option Agreement): ☒ By cash, check, bank draft or money order payable to the Company ☒ Pursuant to a Regulation T Program if the shares are publicly traded ☒ By delivery of already-owned shares if the shares are publicly traded ☒ Subject to the Company’s consent at the time of exercise, by a “net exercise” arrangement 2 Insert th...
