Common use of NOTICE OF STOCK OPTION XXXXX Clause in Contracts

NOTICE OF STOCK OPTION XXXXX. Xxxxxx Xxxxxxx You have been granted an option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Option Agreement, as follows: Date of Grant: February 1, 2000 Vesting Commencement Date: February 1, 2000 Exercise Price per Share: $4.00 Total Number of Shares Granted: 5,000 Total Exercise Price: $20,000.00 Type of Option: ¨ Incentive Stock Option x Nonstatutory Stock Option Term/ Expiration Date: Ten Years/February 1, 2010 * Or earlier, pursuant to the termination period set forth below. Exercise and Vesting Schedule: This Option is exercisable immediately, in whole or in part, and shall vest according to the following vesting schedule: One-sixteenth (1/16th) of the Shares subject to the Option shall vest three months after the Vesting Commencement Date and on the last day of each three month anniversary thereafter, subject to your continuing to be a Service Provider on such dates. Notwithstanding the foregoing, if the Company merges with or into another entity, sells all or substantially all of its assets, or enters into any other similar transaction or reorganization as a result of which the shareholders of the Company immediately prior to such transaction will not hold at least 50% of the voting power of the surviving, purchasing or continuing entity, as applicable (taking into account any securities issued to the shareholders of the Company in the transaction) (a “Change of Control Transaction”), then the Option shall become fully vested and exercisable simultaneously with the closing of the Change of Control Transaction (or, in the case of a merger, as of any earlier date that is necessary to permit the Optionee, if he exercises the Option in whole or in part, to receive the same per Share merger consideration (to the extent of Optioned Shares acquired upon exercise) that will be paid to the other holders of Shares). The Board shall notify the Optionee at least fifteen (15) days prior to the closing of a Change of Control Transaction (or at such earlier time as the Board, in its reasonable judgment, deems necessary to give effect to the intent of this provision), and such notification shall include a statement as to whether or not the Option will be assumed by the surviving or purchasing entity or whether an equivalent, fully vested, substitute option will be provided by such entity.

NOTICE OF STOCK OPTION XXXXX. Xxxxxx Xxxxxxx Xxxxx El Xxxxx You have been granted an option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Option Agreement, as follows: Date of Grant: February 1, 2000 Vesting Commencement Date: February 1, 2000 Exercise Price per Share: $4.00 Total Number of Shares Granted: 5,000 Total Exercise Price: $20,000.00 Type of Option: ¨ Incentive Stock Option x Nonstatutory Stock Option Term/ Expiration Date: Ten Years/February 1, 2010 * Or earlier, pursuant to the termination period set forth below. Exercise and Vesting Schedule: This Option is exercisable immediately, in whole or in part, and shall vest according to the following vesting schedule: One-sixteenth (1/16th) of the Shares subject to the Option shall vest three months after the Vesting Commencement Date and on the last day of each three month anniversary thereafter, subject to your continuing to be a Service Provider on such dates. Notwithstanding the foregoing, if the Company merges with or into another entity, sells all or substantially all of its assets, or enters into any other similar transaction or reorganization as a result of which the shareholders of the Company immediately prior to such transaction will not hold at least 50% of the voting power of the surviving, purchasing or continuing entity, as applicable (taking into account any securities issued to the shareholders of the Company in the transaction) (a “Change of Control Transaction”), then the Option shall become fully vested and exercisable simultaneously with the closing of the Change of Control Transaction (or, in the case of a merger, as of any earlier date that is necessary to permit the Optionee, if he exercises the Option in whole or in part, to receive the same per Share merger consideration (to the extent of Optioned Shares acquired upon exercise) that will be paid to the other holders of Shares). The Board shall notify the Optionee at least fifteen (15) days prior to the closing of a Change of Control Transaction (or at such earlier time as the Board, in its reasonable judgment, deems necessary to give effect to the intent of this provision), and such notification shall include a statement as to whether or not the Option will be assumed by the surviving or purchasing entity or whether an equivalent, fully vested, substitute option will be provided by such entity.

NOTICE OF STOCK OPTION XXXXX. Xxxxxx Xxxxxxx You have «First Name» «Last_Name» «Address» «City», «State» «Zip» The undersigned Optionee has been granted an option Option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Option Agreement, as follows: Date of GrantXxxxx: February 1, 2000 «Grant Date» Vesting Commencement Date: February 1, 2000 «Vesting Date» Exercise Price per Share: $4.00 «Price» Total Number of Shares Granted: 5,000 «Shares» Total Exercise Price: $20,000.00 «Total Price» Type of Option: ¨ Incentive Stock Option x ¨ Nonstatutory Stock Option Term/ Term/Expiration Date: Ten Years/February 1, 2010 * Or earlier, pursuant to the termination period set forth below. Exercise and «Exp Date» Vesting Schedule: This Option is exercisable immediatelyshall be exercisable, in whole or in part, and shall vest according to the following vesting schedule: One-sixteenth (1/16th[One fifth ( 1/5th) of the Shares subject to the Option shall vest three twelve (12) months after the Vesting Commencement Date Date, and an additional one sixtieth ( 1/60th) of the Shares subject to the Option shall vest each month thereafter on the last same day of each three the month anniversary thereafteras the Vesting Commencement Date, subject to your Optionee continuing to be a Service Provider on such dates. .] Notwithstanding the foregoingforegoing and anything contrary in the Plan, if the Company merges with or into another entity, sells all or substantially all of its assets, or enters into any other similar transaction or reorganization as a result of which the shareholders of the Company immediately prior to such transaction will not hold at least 50% of the voting power of the surviving, purchasing or continuing entity, as applicable (taking into account any securities issued to the shareholders of extent the Company successor corporation in the transaction) (a “merger or Change of in Control Transaction”)refuses to assume or substitute for this Option, then the Optionee shall fully vest in and have the right to exercise this Option shall become as to all of the Optioned Stock, including Shares as to which it would not otherwise be vested or exercisable. If this Option becomes fully vested and exercisable simultaneously with the closing in lieu of the Change of Control Transaction (or, assumption or substitution in the case event of a mergermerger or Change in Control, as of any earlier date that is necessary to permit the Optionee, if he exercises the Option in whole or in part, to receive the same per Share merger consideration (to the extent of Optioned Shares acquired upon exercise) that will be paid to the other holders of Shares). The Board Administrator shall notify the Optionee at least in writing or electronically that this Option shall be fully exercisable for a period of fifteen (15) days prior to from the closing date of a Change of Control Transaction (or at such earlier time as the Board, in its reasonable judgment, deems necessary to give effect to the intent of this provision)notice, and this Option shall terminate upon the expiration of such notification shall include a statement as to whether or not the Option will be assumed by the surviving or purchasing entity or whether an equivalent, fully vested, substitute option will be provided by such entityperiod.

NOTICE OF STOCK OPTION XXXXX. Xxxxxx Xxxxxxx Xxxxxxxx X. Xxxxx You have been granted an option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Option Agreement, as follows: Date of Grant: February 1, 2000 Vesting Commencement Date: February 1, 2000 Exercise Price per Share: $4.00 Total Number of Shares Granted: 5,000 Total Exercise Price: $20,000.00 Type of Option: ¨ Incentive Stock Option x Nonstatutory Stock Option Term/ Expiration Date: Ten Years/February 1, 2010 * Or earlier, pursuant to the termination period set forth below. Exercise and Vesting Schedule: This Option is exercisable immediately, in whole or in part, and shall vest according to the following vesting schedule: One-sixteenth (1/16th) of the Shares subject to the Option shall vest three months after the Vesting Commencement Date and on the last day of each three month anniversary thereafter, subject to your continuing to be a Service Provider on such dates. Notwithstanding the foregoing, if the Company merges with or into another entity, sells all or substantially all of its assets, or enters into any other similar transaction or reorganization as a result of which the shareholders of the Company immediately prior to such transaction will not hold at least 50% of the voting power of the surviving, purchasing or continuing entity, as applicable (taking into account any securities issued to the shareholders of the Company in the transaction) (a “Change of Control Transaction”), then the Option shall become fully vested and exercisable simultaneously with the closing of the Change of Control Transaction (or, in the case of a merger, as of any earlier date that is necessary to permit the Optionee, if he exercises the Option in whole or in part, to receive the same per Share merger consideration (to the extent of Optioned Shares acquired upon exercise) that will be paid to the other holders of Shares). The Board shall notify the Optionee at least fifteen (15) days prior to the closing of a Change of Control Transaction (or at such earlier time as the Board, in its reasonable judgment, deems necessary to give effect to the intent of this provision), and such notification shall include a statement as to whether or not the Option will be assumed by the surviving or purchasing entity or whether an equivalent, fully vested, substitute option will be provided by such entity.