Common use of Acceptance of Stock Option Clause in Contracts

Acceptance of Stock Option. In order for the Stock Option to be subject to taxation at the time of grant, you must affirmatively accept the Stock Option in writing within 60 days after the offer date by signing below and returning this original executed Addendum to: Boston Scientific Green Xxxxxx Xxxxxxxxxxxxxx 0X 0000 Xxxxxx Xxxxxxx Attn.: Xxxxxxxx Xxxxx I hereby accept ________ (number) Option Shares underlying the Stock Option granted to me by the Company on the Grant Date. The undersigned acknowledges that he/she has been encouraged to discuss this matter with a financial and/or tax advisor and that this decision is made in full knowledge. Employee Signature: _______________________________ Employee Printed Name: _______________________________ Date of Acceptance: _______________________________ If you fail to affirmatively accept the Stock Option in writing within 60 days after the offer date, the Stock Option will not be subject to taxation at the time of grant but instead will be subject to taxation on the date you exercise the Stock Option (or such other treatment as may apply under Belgian tax law at the time of exercise).

Appears in 2 contracts

Samples: Qualified Stock Option Agreement (Boston Scientific Corp), Qualified Stock Option Agreement (Boston Scientific Corp)

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Acceptance of Stock Option. In order for the Stock Option to be subject to taxation at the time of grant, you must affirmatively accept the Stock Option in writing within 60 days after the offer date by signing below and returning this original executed Addendum to: Boston Scientific Green Xxxxxx Square Xxxxxxxxxxxxxx 0X 0000 Xxxxxx Xxxxxxx Attn.: Xxxxxxxx Xxxxx I hereby accept ________ (number) Option Shares underlying the Stock Option granted to me by the Company on the Grant Date. The undersigned acknowledges that he/she has been encouraged to discuss this matter with a financial and/or tax advisor and that this decision is made in full knowledge. Employee Signature: _______________________________ Employee Printed Name: _______________________________ Date of Acceptance: _______________________________ If you fail to affirmatively accept the Stock Option in writing within 60 days after the offer date, the Stock Option will not be subject to taxation at the time of grant but instead will be subject to taxation on the date you exercise the Stock Option (or such other treatment as may apply under Belgian tax law at the time of exercise).

Appears in 2 contracts

Samples: Qualified Stock Option Agreement (Boston Scientific Corp), Qualified Stock Option Agreement (Boston Scientific Corp)

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