Common use of NOTICE OF STOCK OPTION Clause in Contracts

NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxxxx 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 November 8, 1999 Vesting Commencement Date November 8, 1999 Exercise Price per Share $6.50 Total Number of Shares Granted 300,000 Total Exercise Price $1,950,000.00 Nonstatutory Stock Option --- Term/Expiration Date: November 8, 2009 Exercise and Vesting Schedule: ----------------------------- So long as Optionee is a Service Provider, this Option shall be exercisable in whole or in part, and shall vest according to the following vesting schedule: Fifteen thousand (15,000) of the shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date and an additional one forty-eighth (1/48) of the remaining 285,000 shares shall vest each month thereafter, subject to the Optionee's continuing to be a service provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Ondisplay Inc)

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NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxxxx Xxxxx Xxxxxxx Xxxx 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 November 8Grant: May 26, 1999 Vesting Commencement Date November 8Date: May 26, 1999 Exercise Price per Share Share: $6.50 0.75 Total Number of Shares Granted 300,000 Granted: 130,000 Total Exercise Price Price: $1,950,000.00 97,500.00 X Nonstatutory Stock Option --- ----- Term/Expiration Date: November 8Ten Years/May 26, 2009 2009* _______________ * Or earlier, pursuant to the termination period set forth below. Exercise and Vesting Schedule: ----------------------------- So long as Optionee This Option is a Service Providerexercisable immediately, this Option shall be exercisable in whole or in part, and shall vest according to the following vesting schedule: Fifteen thousand One-fourth (15,0001/4th) of the shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 shares Shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date Date, and an additional one fortyone-eighth sixteenth (1/481/16th) of the remaining 285,000 shares Shares subject to the Option shall vest on the last day of each three month anniversary thereafter, subject to the Optionee's your continuing to be a service provider Service Provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Numerical Technologies Inc)

NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxxxx Xxxxx Xxxx You have 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 Grant November 85, 1999 2001 Vesting Commencement Date November 85, 1999 2001 Exercise Price per Share $6.50 4.90 Total Number of Shares Granted 300,000 150,000 Total Exercise Price $1,950,000.00 735,000.00 Type of Option _____ Incentive Stock Option X Nonstatutory Stock Option --- ----- Term/Expiration Date: November 84, 2009 2011 Exercise and Vesting Schedule: ----------------------------- So long Subject to accelerated vesting as Optionee is a Service Providerset forth below, this Option shall may be exercisable exercised, in whole or in part, and shall vest according in accordance to the following vesting schedule: Fifteen thousand (15,000) 25% of the shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 shares Shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date Date, and an additional one forty-eighth (1/48) 1/48 of the remaining 285,000 shares Shares subject to the Option shall vest each month thereafterthereafter on the same day of the month as the Vesting Commencement Date, subject to the Optionee's Optionee continuing to be a service provider Service Provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Avanex Corp)

NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxxxx Xxxx 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 Grant: November 817, 1999 Vesting Commencement Date November 8Date: September 13, 1999 Exercise Price per Share Share: $6.50 1.50 Total Number of Shares Granted 300,000 Granted: 100,000 Total Exercise Price Price: $1,950,000.00 150,000.00 Type of Option: X Incentive Stock Option ----- ____ Nonstatutory Stock Option --- Term/Expiration Date: Ten Years/November 817, 2009 --------------- * Or earlier, pursuant to the termination period set forth below. Exercise and Vesting Schedule: ----------------------------- So long as Optionee This Option is a Service Providerexercisable immediately, this Option shall be exercisable in whole or in part, and shall vest according to the following vesting schedule: Fifteen thousand One-fourth (15,0001/4th) of the shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 shares Shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date Date, and an additional one fortyone-eighth sixteenth (1/481/16th) of the remaining 285,000 shares Shares subject to the Option shall vest on the last day of each three month anniversary thereafter, subject to the Optionee's your continuing to be a service provider Service Provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Numerical Technologies Inc)

NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxxxx Xxxxx Xxx You have 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 Grant November 85, 1999 2001 Vesting Commencement Date November 85, 1999 2001 Exercise Price per Share $6.50 4.90 Total Number of Shares Granted 300,000 1,000,000 Total Exercise Price $1,950,000.00 4,900,000.00 Type of Option _____ Incentive Stock Option X Nonstatutory Stock Option --- ----- Term/Expiration Date: November 84, 2009 2011 Exercise and Vesting Schedule: ----------------------------- So long Subject to accelerated vesting as Optionee is a Service Providerset forth below, this Option shall may be exercisable exercised, in whole or in part, and shall vest according in accordance to the following vesting schedule: Fifteen thousand (15,000) 25% of the shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 shares Shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date Date, and an additional one forty-eighth (1/48) 1/48 of the remaining 285,000 shares Shares subject to the Option shall vest each month thereafterthereafter on the same day of the month as the Vesting Commencement Date, subject to the Optionee's Optionee continuing to be a service provider Service Provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Avanex Corp)

NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxxxx Xxxxx Xxxx 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 November 8Grant: February 3, 1999 Vesting Commencement Date November 8Date: December 15, 1999 1998 Exercise Price per Share Share: $6.50 0.50 Total Number of Shares Granted 300,000 Granted: 115,000 Total Exercise Price Price: $1,950,000.00 57,500.00 Type of Option: X Incentive Stock Option ----- ____ Nonstatutory Stock Option --- Term/Expiration Date: November 8Ten Years/February 3, 2009 --------------- * Or earlier, pursuant to the termination period set forth below. Exercise and Vesting Schedule: ----------------------------- So long as Optionee This Option is a Service Providerexercisable immediately, this Option shall be exercisable in whole or in part, and shall vest according to the following vesting schedule: Fifteen thousand One-fourth (15,0001/4th) of the shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 shares Shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date Date, and an additional one fortyone-eighth sixteenth (1/481/16th) of the remaining 285,000 shares Shares subject to the Option shall vest on the last day of each three month anniversary thereafter, subject to the Optionee's your continuing to be a service provider Service Provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Numerical Technologies Inc)

NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxx Xxxxxx 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 November 8Grant: October 23, 1999 1998 Vesting Commencement Date November 8Date: October 15, 1999 1998 Exercise Price per Share Share: $6.50 0.50 Total Number of Shares Granted 300,000 Granted: 90,000 Total Exercise Price Price: $1,950,000.00 45,000 Type of Option: X Incentive Stock Option ----- _____ Nonstatutory Stock Option --- Term/Expiration Date: November 8Ten Years/ October 23, 2009 2008* _______________ * Or earlier, pursuant to the termination period set forth below. Exercise and Vesting Schedule: ----------------------------- So long as Optionee This Option is a Service Providerexercisable immediately, this Option shall be exercisable in whole or in part, and shall vest according to the following vesting schedule: Fifteen thousand One-sixteenth (15,0001/16th) of the shares Shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 shares subject to the Option shall vest twelve (12) three months after the Vesting Commencement Date and an additional one forty-eighth (1/48) on the last day of the remaining 285,000 shares shall vest each three month anniversary thereafter, subject to the Optionee's your continuing to be a service provider Service Provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Numerical Technologies Inc)

NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxxxx Xxxxx Xxxxxxx Xxxx 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 November 8Grant: December 27, 1999 Vesting Commencement Date November 8Date: December 27, 1999 Exercise Price per Share Share: $6.50 1.50 Total Number of Shares Granted 300,000 Granted: 145,000 Total Exercise Price Price: $1,950,000.00 217,500.00 Type of Option: ______ Incentive Stock Option X Nonstatutory Stock Option --- ------ Term/Expiration Date: November 8Ten Years/December 27, 2009 2009* _______________ * Or earlier, pursuant to the termination period set forth below. Exercise and Vesting Schedule: ----------------------------- So long as Optionee This Option is a Service Providerexercisable immediately, this Option shall be exercisable in whole or in part, and shall vest according to the following vesting schedule: Fifteen thousand One-fourth (15,0001/4th) of the shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 shares Shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date Date, and an additional one fortyone-eighth sixteenth (1/481/16th) of the remaining 285,000 shares Shares subject to the Option shall vest on the last day of each three month anniversary thereafter, subject to the Optionee's your continuing to be a service provider Service Provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Numerical Technologies Inc)

NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxxxx Xxxxx Yao-Xxxx Xxxx 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 November 8Grant: February 1, 1999 2000 Vesting Commencement Date November 8Date: February 1, 1999 2000 Exercise Price per Share $6.50 Share: $ 4.00 Total Number of Shares Granted 300,000 Granted: 333,333 Total Exercise Price Price: $1,950,000.00 1,333,332.00 Type of Option: _____ Incentive Stock Option X Nonstatutory Stock Option --- ----- Term/Expiration Date: November 8Ten Years/February 1, 2009 2010* _______________ * Or earlier, pursuant to the termination period set forth below. Exercise and Vesting Schedule: ----------------------------- So long as Optionee This Option is a Service Providerexercisable immediately, this Option shall be exercisable in whole or in part, and shall vest according to the following vesting schedule: Fifteen thousand One-fourth (15,0001/4th) of the shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 shares Shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date Date, and an additional one fortyone-eighth sixteenth (1/481/16th) of the remaining 285,000 shares Shares subject to the Option shall vest on the last day of each three month anniversary thereafter, subject to the Optionee's your continuing to be a service provider Service Provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Numerical Technologies Inc)

NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxxxx Xxxxx Xxxxxxxx Xxxxxxxxxx You have 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 Grant November 8August 14, 1999 2001 Vesting Commencement Date November 8May 24, 1999 2001 Exercise Price per Share $6.50 7.45 Total Number of Shares Granted 300,000 200,000 Total Exercise Price $1,950,000.00 1,490,000.00 Type of Option X Incentive Stock Option --- ___ Nonstatutory Stock Option --- Term/Expiration Date: November 8August 13, 2009 2011 Exercise and Vesting Schedule: ----------------------------- So long Subject to accelerated vesting as Optionee is a Service Providerset forth below, this Option shall may be exercisable exercised, in whole or in part, and shall vest according in accordance to the following vesting schedule: Fifteen thousand (15,000) The Option shall vest over a four-year period from the Vesting Commencement Date with 6/48ths of the shares Shares subject to the Option shall vest immediately upon vesting at the Vesting Commencement Date, one-fourth (1/4) end of six months and 1/48/th/ of the remaining 285,000 shares Shares subject to the Option shall vest twelve (12) months after vesting at the Vesting Commencement Date and an additional one forty-eighth (1/48) end of the remaining 285,000 shares shall vest each month thereafter, subject to the Optionee's Optionee continuing to be a service provider Service Provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Avanex Corp)

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NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxxxx Xxxx 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 November 8Grant: December 27, 1999 Vesting Commencement Date November 8Date: December 27, 1999 Exercise Price per Share Share: $6.50 1.50 Total Number of Shares Granted 300,000 Granted: 55,000 Total Exercise Price Price: $1,950,000.00 82,500.00 Type of Option: X Incentive Stock Option ----- ____ Nonstatutory Stock Option --- Term/Expiration Date: November 8Ten Years/December 27, 2009 --------------- * Or earlier, pursuant to the termination period set forth below. Exercise and Vesting Schedule: ----------------------------- So long as Optionee This Option is a Service Providerexercisable immediately, this Option shall be exercisable in whole or in part, and shall vest according to the following vesting schedule: Fifteen thousand One-fourth (15,0001/4th) of the shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 shares Shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date Date, and an additional one fortyone-eighth sixteenth (1/481/16th) of the remaining 285,000 shares Shares subject to the Option shall vest on the last day of each three month anniversary thereafter, subject to the Optionee's your continuing to be a service provider Service Provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Numerical Technologies Inc)

NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxx Xxxxxx 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 November 8Grant: March 31, 1999 Vesting Commencement Date November 8Date: October 15, 1999 1998 Exercise Price per Share Share: $6.50 0.50 Total Number of Shares Granted 300,000 Granted: 60,000 Total Exercise Price Price: $1,950,000.00 30,000.00 Type of Option: X Incentive Stock Option ----- ____ Nonstatutory Stock Option --- Term/Expiration Date: November 8Ten Years/March 31, 2009 2009* --------------- * Or earlier, pursuant to the termination period set forth below. Exercise and Vesting Schedule: ----------------------------- So long as Optionee This Option is a Service Providerexercisable immediately, this Option shall be exercisable in whole or in part, and shall vest according to the following vesting schedule: Fifteen thousand One-fourth (15,0001/4th) of the shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 shares Shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date Date, and an additional one fortyone-eighth sixteenth (1/481/16th) of the remaining 285,000 shares Shares subject to the Option shall vest on the last day of each three month anniversary thereafter, subject to the Optionee's your continuing to be a service provider Service Provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Numerical Technologies Inc)

NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxxx Xxxxxx 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 November 8September 20, 1999 Vesting Commencement Date November 8September 20, 1999 Exercise Price per Share $6.50 5.00 Total Number of Shares Granted 300,000 200,000 Total Exercise Price $1,950,000.00 1,000,000.00 Nonstatutory Stock Option --- Term/Expiration Date: November 8September 20, 2009 Exercise and Vesting Schedule: ----------------------------- So long as Optionee is a Service Provider, this Option shall be exercisable in whole or in part, and shall vest according to the following vesting schedule: Fifteen thousand Ten Thousand (15,00010,000) of the shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 190,000 shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date and an additional one forty-eighth (1/48) of the remaining 285,000 190,000 shares shall vest each month thereafter, subject to the Optionee's continuing to be a service provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Ondisplay Inc)

NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxx Xxxxxx 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 November 8Grant: December 27, 1999 Vesting Commencement Date November 8Date: October 21, 1999 Exercise Price per Share Share: $6.50 1.50 Total Number of Shares Granted 300,000 Granted: 125,000 Total Exercise Price Price: $1,950,000.00 187,500.00 Type of Option: X Incentive Stock Option ----- ____ Nonstatutory Stock Option --- Term/Expiration Date: November 8Ten Years/December 27, 2009 --------------- * Or earlier, pursuant to the termination period set forth below. Exercise and Vesting Schedule: ----------------------------- So long as Optionee This Option is a Service Providerexercisable immediately, this Option shall be exercisable in whole or in part, and shall vest according to the following vesting schedule: Fifteen thousand One-fourth (15,0001/4th) of the shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 shares Shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date Date, and an additional one fortyone-eighth sixteenth (1/481/16th) of the remaining 285,000 shares Shares subject to the Option shall vest on the last day of each three month anniversary thereafter, subject to the Optionee's your continuing to be a service provider Service Provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Numerical Technologies Inc)

NOTICE OF STOCK OPTION. GRANT ---------------------------- Xxxxxx Xxxxx Xxxx 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 November 8Grant: December 27, 1999 Vesting Commencement Date November 8Date: December 14, 1999 Exercise Price per Share Share: $6.50 1.50 Total Number of Shares Granted 300,000 Granted: 55,000 Total Exercise Price Price: $1,950,000.00 82,500.00 Type of Option: X Incentive Stock Option ----- ____ Nonstatutory Stock Option --- Term/Expiration Date: November 8Ten Years/December 27, 2009 --------------- * Or earlier, pursuant to the termination period set forth below. Exercise and Vesting Schedule: ----------------------------- So long as Optionee This Option is a Service Providerexercisable immediately, this Option shall be exercisable in whole or in part, and shall vest according to the following vesting schedule: Fifteen thousand One-fourth (15,0001/4th) of the shares subject to the Option shall vest immediately upon the Vesting Commencement Date, one-fourth (1/4) of the remaining 285,000 shares Shares subject to the Option shall vest twelve (12) months after the Vesting Commencement Date Date, and an additional one fortyone-eighth sixteenth (1/481/16th) of the remaining 285,000 shares Shares subject to the Option shall vest on the last day of each three month anniversary thereafter, subject to the Optionee's your continuing to be a service provider Service Provider on such dates.

Appears in 1 contract

Samples: Stock Option Agreement (Numerical Technologies Inc)

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