Common use of NOTICE OF STOCK OPTION XXXXX Clause in Contracts

NOTICE OF STOCK OPTION XXXXX. <first_name> <last_name> You (the “Optionee”) have been granted an option to purchase shares of the Company’s Stock, subject to the terms and conditions of the Plan and this Award Agreement, as follows: Date of Grant <award_date> Exercise Price per Share <award_price> Number of Shares Subject to the Option <shares_awarded> Type of Option Non-Qualified Option (NQSO) Term/Expiration Date Tenth anniversary of the Date of Grant, unless earlier terminated as provided in the Plan and/or this Award Agreement