NOTICE OF STOCK. OPTION GRANT [Optionee's Name and Address] The undersigned Optionee has 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 Share Granted ________________________________ Total Exercise Price ________________________________ Type of Option: ______ Incentive Stock Option ______ Nonstatutory Stock Option Term/Expiration Date: ________________________________ Vesting Schedule: ________________________________ This Option shall be exercisable, in whole or in part, according to the following vesting schedule: 25% of the Shares subject to the Option shall vest twelve months after the Vesting Commencement Date, and 1/16 of the Shares subject to the Option shall vest each quarter thereafter, subject to Optionee's continuing to be a Service Provider on such dates.
Appears in 2 contracts
Samples: Form of Stock Option Agreement (Iss Group Inc), Iss Group Inc
NOTICE OF STOCK. OPTION GRANT ---------------------------- [Optionee's Name and Address] The undersigned Optionee has been granted an Option to Purchase purchase Common Stock of the Company, subject to the terms and Conditions conditions of the Plan and this Option Agreement, as follows: Grant Number ___Identification Number: _____________________________ Date of Grant ___Grant: _____________________________ Vesting Commencement Date ___Date: _____________________________ Exercise Price per Share ____Share: $____________________________ Total Number of Share Granted ___Shares Granted:_____________________________ Total Exercise Price ____Price: $____________________________ Type of Option: ______ Incentive Stock Option ______ Nonstatutory Stock Option Term/Expiration Date: ________________________________ Vesting Schedule: ________________________________ ---------------- [COMPLETE VESTING SCHEDULE, BELOW IS EXAMPLE. EACH GRANT MAY HAVE DIFFERENT VESTING] This Option shall be exercisable, in whole or in part, according to the following vesting schedule: 25[__% of the Shares subject to the Option shall vest twelve months after immediately on the Vesting Commencement Date, and 1/16 __% of the Shares subject to the Option shall vest each quarter thereafteryear thereafter for __ consecutive years, subject to Optionee's continuing to be a Service Provider on such dates.]
Appears in 1 contract
Samples: Modem Media Inc
NOTICE OF STOCK. OPTION GRANT [Optionee's Name and Address] The undersigned Optionee has been granted an Option to Purchase purchase Common Stock of the Company, subject to the terms and Conditions conditions of the Plan and this Option Agreement, as follows: 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: This Option shall be exercisable, in whole or in part, according to the following vesting schedule: ____% of the Shares subject to the Option shall vest ___________________ after the Vesting Commencement Date, and ____% of the Shares subject to the Option shall vest ________________________________ Date of Grant ________________________________ Vesting Commencement Date ________________________________ Exercise Price per Share ________________________________ Total Number of Share Granted ________________________________ Total Exercise Price ________________________________ Type of Option: ______ Incentive Stock Option ______ Nonstatutory Stock Option Term/Expiration Date: ________________________________ Vesting Schedule: ________________________________ This Option shall be exercisable, in whole or in part, according to the following vesting schedule: 25% of the Shares subject to the Option shall vest twelve months after the Vesting Commencement Date, and 1/16 of the Shares subject to the Option shall vest each quarter thereafter, subject to Optionee's Optionee continuing to be a Service Provider on such dates.
Appears in 1 contract
Samples: Stock Option Agreement (Netscape Communications Corp)