Common use of NOTICE OF STOCK OPTION Clause in Contracts

NOTICE OF STOCK OPTION. GRANT -------------------------------- [Optionee's Name and Address] 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: Grant Number -------------------------------- Date of Grant -------------------------------- Vesting Commencement Date -------------------------------- Exercise Price per Share $ -------------------------------- Total Number of Shares Granted -------------------------------- Total Exercise Price $ -------------------------------- Type of Option: ___ Incentive Stock Option ___ Nonstatutory Stock Option Term/Expiration Date: -------------------------------- Vesting Schedule: ----------------- Subject to accelerated vesting as set forth below, this Option may be exercised, in whole or in part, in accordance with the following schedule: Termination Period: ------------------- This Option may be exercised for three months after Optionee ceases to be a Service Provider. Upon the death or Disability of the Optionee, this Option may be exercised for twelve months after Optionee ceases to be a Service Provider. In no event shall this Option be exercised later than the Term/Expiration Date as provided above.

Appears in 1 contract

Samples: Stock Option Agreement (Garden Com Inc)

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NOTICE OF STOCK OPTION. GRANT -------------------------------- ---------------------------- [Optionee's Name and Address] 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: Grant Number -------------------------------- _________________________ Date of Grant -------------------------------- _________________________ Vesting Commencement Date -------------------------------- _________________________ Exercise Price per Share $ -------------------------------- $________________________ Total Number of Shares Granted -------------------------------- _________________________ Total Exercise Price $ -------------------------------- $_________________________ Type of Option: ___ Incentive Stock Option ___ Nonstatutory Stock Option Term/Expiration Date: -------------------------------- _________________________ Vesting Schedule: ----------------- Subject to accelerated vesting as set forth below, this ---------------- This Option may be exercised, in whole or in part, in accordance with the following schedule: Termination Period: ------------------- ------------------ This Option may be exercised for three months _____ [days/months] after Optionee ceases to be a Service Provider. Upon the death or Disability of the Optionee, this Option may be exercised for twelve months after Optionee ceases to be a Service Providersuch longer period as provided in the Plan. In no event shall this Option be exercised later than the Term/Expiration Date as provided above.

Appears in 1 contract

Samples: Stock Option Agreement (Rational Software Corp)

NOTICE OF STOCK OPTION. GRANT -------------------------------- ---------------------------- [Optionee's Name and Address] 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: Grant Number -------------------------------- ______________________________ Date of Grant -------------------------------- ______________________________ Vesting Commencement Date -------------------------------- ______________________________ Exercise Price per Share $ -------------------------------- $_____________________________ Total Number of Shares Granted -------------------------------- ______________________________ Total Exercise Price $ -------------------------------- $_____________________________ Type of Option: ___ Incentive Stock Option ___ Nonstatutory Stock Option Term/Expiration Date: -------------------------------- ------------------------------ Vesting Schedule: ----------------- ---------------- Subject to accelerated vesting as set forth below, this Option may be exercised, in whole or in part, in accordance with the following schedule: Termination Period: ------------------- ------------------ This Option may be exercised for three months after Optionee ceases to be a Service Provider. Upon the death or Disability of the Optionee, this Option may be exercised for twelve months after Optionee ceases to be a Service Provider. In no event shall this Option be exercised later than the Term/Expiration Date as provided above.

Appears in 1 contract

Samples: Stock Option Agreement (Garden Com Inc)

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NOTICE OF STOCK OPTION. GRANT -------------------------------- ---------------------------- [Optionee's Name and Address] --------------------------- ----------------------------- ----------------------------- ----------------------------- 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: Grant Number -------------------------------- Number: _________________________ Date of Grant -------------------------------- Grant: _________________________ Vesting Commencement Date -------------------------------- Date: _________________________ Exercise Price per Share $ -------------------------------- Share: $________________________ Total Number of Shares Granted -------------------------------- Total Exercise Price $ -------------------------------- Type of Optionfor which Option is Granted: ___ Incentive Stock Option _______________________ Nonstatutory Stock Option Total Exercise Price: $________________________ Term/Expiration Date: -------------------------------- _________________________ Vesting Schedule: ----------------- Subject to accelerated vesting as set forth below, this ---------------- This Option may be exercised, in whole or in part, in four equal cumulative installments on or after each successive annual anniversary of the Date of Grant in accordance with the following schedule: Number of Shares Exercise Becoming Exercisable Date -------------------- -------- First Anniversary ___________________ _______ Second Anniversary ___________________ _______ Third Anniversary ___________________ _______ Fourth Anniversary ___________________ _______ Termination Period: ------------------- ------------------ This Option may be exercised for three months (3) month after Optionee ceases to termination of your status as a Director, or such longer period as may be a Service Provider. Upon the applicable upon death or Disability of Optionee as provided in the Optionee, this Option may be exercised for twelve months after Optionee ceases to be a Service ProviderPlan. In no event shall this Option be exercised later than the Term/Expiration Date as provided above.

Appears in 1 contract

Samples: Stock Option Agreement (Four Media Co)

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