Common use of Optionee Acknowledgment Clause in Contracts

Optionee Acknowledgment. Optionee acknowledges and agrees that the vesting of Shares pursuant to this Option Agreement is earned only by continuing service with the Company. Optionee further acknowledges and agrees that nothing in this Agreement, nor in the Plan shall confer upon the Optionee any right to continue in the service of the Company, nor shall it interfere in any way with Optionee’s right or the Company’s right to terminate Optionee’s service at any time, with or without Cause. Optionee acknowledges receipt of a copy of the Plan and represents that he or she is familiar with the terms and provisions thereof. Optionee has reviewed the Plan and this Option in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option and fully understands all provisions of the Option. By executing this Agreement, the Optionee hereby agrees to be bound by all of the terms of both the Plan and this Agreement. GLASSBRIDGE ENTERPRISES, INC. By: Date Its: OPTIONEE Date SAMPLE NOTICE OF EXERCISE Glass Bridge Enterprises, Inc. Compensation Committee Date of Exercise: Ladies and Gentlemen: This constitutes notice under my stock Option that I elect to purchase the number of Shares for the price set forth below. Type of Option: Incentive Stock Option Grant Date: Number of Shares as to which Option is exercised: Certificates to be issued in name of: Total exercise price: $ Cash payment delivered herewith: $ By this exercise, I agree (i) to execute or provide such additional documents as GlassBridge Enterprises, Inc. (the “Company”) may reasonably require pursuant to the terms of this Notice of Exercise and the Company’s 2023 Equity Incentive Plan (the “Plan”), and (ii) to provide for the payment by me to the Company (in the manner designated by the Company) of the Company’s withholding obligation, if any, relating to the exercise of this Option. Very truly yours, Optionee

Appears in 1 contract

Samples: Incentive Stock Option Agreement (GlassBridge Enterprises, Inc.)

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Optionee Acknowledgment. Optionee acknowledges and agrees that the vesting of Shares pursuant to this Option Agreement is earned only by continuing service with the Company. Optionee further acknowledges and agrees that nothing in this Agreement, nor in the Plan shall confer upon the Optionee any right to continue in the service of the Company, nor shall it interfere in any way with Optionee’s right or the Company’s right to terminate Optionee’s service at any time, with or without Cause. Optionee acknowledges receipt of a copy of the Plan and represents that he or she is familiar with the terms and provisions thereof. Optionee has reviewed the Plan and this Option in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option and fully understands all provisions of the Option. By executing this Agreement, the Optionee hereby agrees to be bound by all of the terms of both the Plan and this Agreement. GLASSBRIDGE ENTERPRISESATTEST: BofI Holding, INC. Inc. By: Date Date Its: OPTIONEE , Optionee Date SAMPLE NOTICE OF EXERCISE Glass Bridge EnterprisesBofI Holding, Inc. Compensation Committee Date of Exercise: Ladies and Gentlemen: This constitutes notice under my stock Option that I elect to purchase the number of Shares for the price set forth below. Type of Option: Incentive Stock Option Non-Qualified Grant Date: Number of Shares as to which Option is exercised: Certificates to be issued in name of: Total exercise price: $ Cash payment delivered herewith: $ By this exercise, I agree (i) to execute or provide such additional documents as GlassBridge EnterprisesBofI Holding, Inc. (the “Company”) may reasonably require pursuant to the terms of this Notice of Exercise and the Company’s 2023 Equity 2014 Stock Incentive Plan (the “Plan”), and (ii) to provide for the payment by me to the Company (in the manner designated by the Company) of the Company’s withholding obligation, if any, relating to the exercise of this Option. Very truly yours, OptioneeOptionee BOFI HOLDING, INC. 2014 STOCK INCENTIVE PLAN PERFORMANCE [STOCK] [UNIT] AGREEMENT THIS AGREEMENT made as of ___________, 20[___] (the “Grant Date”), by and between BofI Holding, Inc. (the “Company”), and ___________________ (the “Awardee”).

Appears in 1 contract

Samples: Agreement (BofI Holding, Inc.)

Optionee Acknowledgment. Optionee agrees, represents and acknowledges that (1) Optionee’s exercise of the Option and agrees that the vesting purchase of Option Shares pursuant to this Option Agreement is earned only by continuing service with the Company. Optionee further acknowledges will be for Optionee’s own account and agrees that nothing in this Agreement, nor in the Plan shall confer upon the Optionee not on behalf of any others; (2) certain laws govern and restrict Optionee’s right to continue offer, sell or otherwise dispose of any Option Shares, unless an exemption from such laws is available and otherwise deemed appropriate by the Committee; (3) Optionee will not offer, sell or otherwise dispose of any Option Shares in any way which would cause Optionee or any the service Company to violate any Requirement or require the Company to register such disposition under any Requirement; (4) Optionee may be required upon Option exercise or upon subsequent transfer of Option Shares to furnish representations and undertakings deemed appropriate by the Committee for compliance with Requirements; (5) certificates evidencing Option Shares will bear such legends, if any, deemed appropriate by the Committee for compliance with Requirements; (6) Optionee will not offer, sell or otherwise dispose of any Option Shares in violation of any policy of the Company, nor shall it interfere in any way with Optionee’s right or ; (7) the Company’s right Option is not intended to terminate Optionee’s service at any time, with or without Cause. Optionee acknowledges receipt be an incentive stock option within the meaning of a copy Section 422 of the Plan Code; (8) Optionee only has rights as a stockholder of Option Shares if and represents to the extent that he or she is familiar with Optionee exercises the terms Option and provisions thereof. retains ownership of Option Shares; (9) Optionee has reviewed received and read a signed original of this Agreement; (10) Optionee, by signing below, accepts the Plan and this Option in their entirety, has had an opportunity to obtain Option; (11) Optionee will be bound by the advice of counsel prior to executing this Option and fully understands all provisions of this Agreement as of the Option. By executing this Agreement, the Grant Date; and (12) Optionee hereby has read and agrees to be bound by all the Company’s Securities Trading Policy or any successor policy, and by any applicable trading black-out dates the Company may designate. The parties, or their respective, authorized representatives, have signed this Agreement effective as of the terms of both the Plan and this Agreement. GLASSBRIDGE ENTERPRISES, INC. By: Date Its: OPTIONEE Date SAMPLE NOTICE OF EXERCISE Glass Bridge Enterprises, Inc. Compensation Committee Date of Exercise: Ladies and Gentlemen: This constitutes notice under my stock Option that I elect to purchase the number of Shares for the price set forth below. Type of Option: Incentive Stock Option Grant Date: Number of Shares as to which Option is exercised: Certificates to be issued in name of: Total exercise price: $ Cash payment delivered herewith: $ By this exercise, I agree (i) to execute or provide such additional documents as GlassBridge EnterprisesOptionee Gateway, Inc. (the “Company”) may reasonably require pursuant to the terms of this Notice of Exercise Signed: Signed: Xxxxx X. Xxxxxx Xxxxxxxx X. Xxxxx Chairman and the Company’s 2023 Equity Incentive Plan (the “Plan”), and (ii) to provide for the payment by me to the Company (in the manner designated by the Company) of the Company’s withholding obligation, if any, relating to the exercise of this Option. Very truly yours, OptioneeChief Executive Officer

Appears in 1 contract

Samples: Stock Option Agreement (Gateway Inc)

Optionee Acknowledgment. Optionee acknowledges and agrees that the vesting of Shares shares pursuant to this Option Agreement is earned only by continuing service with the Company. Optionee further acknowledges and agrees that nothing in this the Agreement, nor in the Plan shall confer upon the Optionee any right to continue in the service of the Company, nor shall it interfere in any way with Optionee’s right or the Company’s right to terminate Optionee’s service at any time, with or without Causecause. Optionee acknowledges receipt of a copy of the Plan and represents that he or she is familiar with the terms and provisions thereof. Optionee has reviewed the Plan and this Option in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option and fully understands all provisions of the Option. By executing this Agreement, the Optionee hereby agrees to be bound by all of the terms of both the Plan and this Agreement. GLASSBRIDGE ENTERPRISESLiveDeal, Inc. Amended and Restated 2003 Stock Plan Nonqualified Option Agreement ATTEST: LIVE VENTURES INCORPORATED (F/K/A LIVEDEAL, INC. .) /s/ Xxxxxxx X. Xxxxx By: /s/ Xxxxxxx X. Xxxxxxx 1/11/2021 Date 1/11/2021 Its: OPTIONEE Chief Financial Officer Date /s/ Xxx Xxxxx , Optionee 1/11/2021 Date LiveDeal, Inc. Amended and Restated 2003 Stock Plan Nonqualified Option Agreement SAMPLE NOTICE OF EXERCISE Glass Bridge EnterprisesLiveDeal, Inc. Compensation Committee Date of Exercise: Ladies and Gentlemen: This constitutes notice under my stock Option that I elect to purchase the number of Shares for the price set forth below. Type of Option: Incentive Stock Option Non-Qualified Grant Date: Number of Shares as to which Option is exercised: Certificates to be issued in name of: Total exercise price: $ Cash payment delivered herewith: $ By this exercise, I agree (i) to execute or provide such additional documents as GlassBridge EnterprisesLiveDeal, Inc. (the “Company”) may reasonably require pursuant to the terms of this Notice of Exercise and the Company’s 2023 Equity Incentive Amended and Restated 2003 Stock Plan (the “Plan”), and (ii) to provide for the payment by me to the Company (in the manner designated by the Company) of the Company’s withholding obligation, if any, relating to the exercise of this Option. Very truly yours, Optionee

Appears in 1 contract

Samples: 2003 Stock Plan (LIVE VENTURES Inc)

Optionee Acknowledgment. Optionee acknowledges and agrees that the vesting of Shares pursuant to this Option Agreement is earned only by continuing service with the Company. Optionee further acknowledges and agrees that nothing in this Agreement, nor in the Plan shall confer upon the Optionee any right to continue in the service of the Company, nor shall it interfere in any way with Optionee’s right or the Company’s right to terminate Optionee’s service at any time, with or without Cause. Optionee acknowledges receipt of a copy of the Plan and represents that he or she is familiar with the terms and provisions thereof. Optionee has reviewed the Plan and this Option in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option and fully understands all provisions of the Option. By executing this Agreement, the Optionee hereby agrees to be bound by all of the terms of both the Plan and this Agreement. GLASSBRIDGE ENTERPRISES, BOUSTEAD WAVEFRONT INC. By: Title: Date Its, Optionee Date By his or her signature below, your spouse, if you are legally married as of the date of your execution of this Agreement, acknowledges that he or she has read this Agreement and the Plan and is familiar with the terms and provisions of this Agreement and of the Plan, and agrees to be bound by all the terms and conditions of this Agreement and the Plan. Dated: OPTIONEE Date Spouse’s Signature Printed Name By his or her signature below, you represent that you are not legally married as of the date of executing this Agreement. Dated: Purchaser’s Signature SAMPLE NOTICE OF EXERCISE Glass Bridge EnterprisesBoustead Wavefront, Inc. Compensation Committee Date of Exercise: Ladies and Gentlemen: This constitutes notice under my stock Option that I elect to purchase the number of Shares for the price set forth below. Type of Option: Incentive Stock Option Non-Qualified Grant Date: Number of Shares as to which Option is exercised: Certificates to be issued in name of: Total exercise price: $ Cash payment delivered herewith: $ By this exercise, I agree (i) to execute or provide such additional documents as GlassBridge EnterprisesBoustead Wavefront, Inc. (the “Company”) may reasonably require pursuant to the terms of this Notice of Exercise and the Company’s 2023 2022 Omnibus Equity Incentive Plan (the “Plan”), and (ii) to provide for the payment by me to the Company (in the manner designated by the Company) of the Company’s withholding obligation, if any, relating to the exercise of this Option. Very truly yours, Optionee

Appears in 1 contract

Samples: Equity Incentive Plan (Boustead Wavefront Inc.)

Optionee Acknowledgment. Optionee acknowledges and agrees that the vesting of Shares pursuant to this Option Agreement is earned only by continuing service with the Company. Optionee further acknowledges and agrees that nothing in this Agreement, nor in the Plan shall confer upon the Optionee any right to continue in the service of the Company, nor shall it interfere in any way with Optionee’s right or the Company’s right to terminate Optionee’s service at any time, with or without Cause. Optionee acknowledges receipt of a copy of the Plan and represents that he or she is familiar with the terms and provisions thereof. Optionee has reviewed the Plan and this Option in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option and fully understands all provisions of the Option. By executing this Agreement, the Optionee hereby agrees to be bound by all of the terms of both the Plan and this Agreement. GLASSBRIDGE ENTERPRISES, INC. FAT Brands Inc. By: :____________________________ ________ Date Its: OPTIONEE :____________________________ ____________________, Optionee ________ Date SAMPLE NOTICE OF EXERCISE Glass Bridge Enterprises, FAT Brands Inc. Compensation Committee Date of Exercise: Ladies and Gentlemen: This constitutes notice under my stock Option that I elect to purchase the number of Shares for the price set forth below. Type of Option: Incentive Stock Option Grant Date: Number of Shares as to which Option is exercised: Certificates to be issued in name of: Total exercise price: $ Cash payment delivered herewith: $ By this exercise, I agree (i) to execute or provide such additional documents as GlassBridge Enterprises, FAT Brands Inc. (the “Company”) may reasonably require pursuant to the terms of this Notice of Exercise and the Company’s 2023 2017 Omnibus Equity Incentive Plan (the “Plan”), and (ii) to provide for the payment by me to the Company (in the manner designated by the Company) of the Company’s withholding obligation, if any, relating to the exercise of this Option. Very truly yours, Optionee FAT BRANDS INC. 2017 OMNIBUS EQUITY INCENTIVE PLAN NON-QUALIFIED STOCK OPTION AGREEMENT THIS AGREEMENT made as of _____________, 201_ [insert date on which Committee grants the Option] (the “Grant Date”), by and between FAT Brands Inc. (the “Company”), and ____________________ (the “Optionee”).

Appears in 1 contract

Samples: Agreement (Fat Brands, Inc)

Optionee Acknowledgment. Optionee acknowledges and agrees that the vesting of Shares pursuant to this Option Agreement is earned only by continuing service with the Company. Optionee further acknowledges and agrees that nothing in this Agreement, nor in the Plan shall confer upon the Optionee any right to continue in the service of the Company, nor shall it interfere in any way with Optionee’s right or the Company’s right to terminate Optionee’s service at any time, with or without Cause. Optionee acknowledges receipt of a copy of the Plan and represents that he or she is familiar with the terms and provisions thereof. Optionee has reviewed the Plan and this Option in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option and fully understands all provisions of the Option. By executing this Agreement, the Optionee hereby agrees to be bound by all of the terms of both the Plan and this Agreement. GLASSBRIDGE ENTERPRISES, BOUSTEAD WAVEFRONT INC. By: Title: Date Its, Optionee Date By his or her signature below, your spouse, if you are legally married as of the date of your execution of this Agreement, acknowledges that he or she has read this Agreement and the Plan and is familiar with the terms and provisions of this Agreement and of the Plan, and agrees to be bound by all the terms and conditions of this Agreement and the Plan. Dated: OPTIONEE Date Spouse’s Signature Printed Name By his or her signature below, you represent that you are not legally married as of the date of executing this Agreement. Dated: Purchaser’s Signature SAMPLE NOTICE OF EXERCISE Glass Bridge EnterprisesBoustead Wavefront, Inc. Compensation Committee Date of Exercise: Ladies and Gentlemen: This constitutes notice under my stock Option that I elect to purchase the number of Shares for the price set forth below. Type of Option: Incentive Stock Option Grant Date: Number of Shares as to which Option is exercised: Certificates to be issued in name of: Total exercise price: $ Cash payment delivered herewith: $ By this exercise, I agree (i) to execute or provide such additional documents as GlassBridge EnterprisesBoustead Wavefront, Inc. (the “Company”) may reasonably require pursuant to the terms of this Notice of Exercise and the Company’s 2023 2022 Omnibus Equity Incentive Plan (the “Plan”), and (ii) to provide for the payment by me to the Company (in the manner designated by the Company) of the Company’s withholding obligation, if any, relating to the exercise of this Option. Very truly yours, Optionee

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Boustead Wavefront Inc.)

Optionee Acknowledgment. Optionee acknowledges and agrees that the vesting of Shares pursuant to this Option Agreement is earned only by continuing service with the Company. Optionee further acknowledges and agrees that nothing in this Agreement, nor in the Plan shall confer upon the Optionee any right to continue in the service of the Company, nor shall it interfere in any way with Optionee’s right or the Company’s right to terminate Optionee’s service at any time, with or without Cause. Optionee acknowledges receipt of a copy of the Plan and represents that he or she is familiar with the terms and provisions thereof. Optionee has reviewed the Plan and this Option in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option and fully understands all provisions of the Option. By executing this Agreement, the Optionee hereby agrees to be bound by all of the terms of both the Plan and this Agreement. GLASSBRIDGE ENTERPRISESPHOENIX MOTOR, INC. By: Date Its: OPTIONEE ,Optionee Date Phoenix Motor, Inc. Omnibus Equity Incentive Plan Incentive Stock Option Agreement SAMPLE NOTICE OF EXERCISE Glass Bridge EnterprisesPhoenix Motor, Inc. Compensation Committee Date of Exercise: Ladies and Gentlemen: This constitutes notice under my stock Option that I elect to purchase the number of Shares for the price set forth below. Type of Option: Incentive Stock Option Grant Date: Number of Shares as to which Option is exercised: Certificates to be issued in name of: Total exercise price: $ Cash payment delivered herewith: $ By this exercise, I agree (i) to execute or provide such additional documents as GlassBridge EnterprisesPhoenix Motor, Inc. (the “Company”) may reasonably require pursuant to the terms of this Notice of Exercise and the Company’s 2023 2021 Omnibus Equity Incentive Plan (the “Plan”), and (ii) to provide for the payment by me to the Company (in the manner designated by the Company) of the Company’s withholding obligation, if any, relating to the exercise of this Option. Very truly yours, Optionee

Appears in 1 contract

Samples: Equity Incentive Plan (Phoenix Motor Inc.)

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Optionee Acknowledgment. Optionee acknowledges and agrees that the vesting of Shares pursuant to this Option Agreement is earned only by continuing service with the Company. Optionee further acknowledges and agrees that nothing in this Agreement, nor in the Plan shall confer upon the Optionee any right to continue in the service of the Company, nor shall it interfere in any way with Optionee’s right or the Company’s right to terminate Optionee’s service at any time, with or without Cause. Optionee acknowledges receipt of a copy of the Plan and represents that he or she is familiar with the terms and provisions thereof. Optionee has reviewed the Plan and this Option in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option and fully understands all provisions of the Option. By executing this Agreement, the Optionee hereby agrees to be bound by all of the terms of both the Plan and this Agreement. GLASSBRIDGE ENTERPRISES, INC. By: Date Its: OPTIONEE Date SAMPLE NOTICE OF EXERCISE Glass Bridge GlassBridge Enterprises, Inc. Compensation Committee Date of Exercise: Ladies and Gentlemen: This constitutes notice under my stock Option that I elect to purchase the number of Shares for the price set forth below. Type of Option: Incentive Stock Option Non-Qualified Grant Date: Number of Shares as to which Option is exercised: Certificates to be issued in name of: Total exercise price: $ Cash payment delivered herewith: $ By this exercise, I agree (i) to execute or provide such additional documents as GlassBridge Enterprises, Inc. (the “Company”) may reasonably require pursuant to the terms of this Notice of Exercise and the Company’s 2023 Equity Incentive Plan (the “Plan”), and (ii) to provide for the payment by me to the Company (in the manner designated by the Company) of the Company’s withholding obligation, if any, relating to the exercise of this Option. Very truly yours, Optionee

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (GlassBridge Enterprises, Inc.)

Optionee Acknowledgment. Optionee acknowledges and agrees that the vesting of Shares pursuant to this Option Agreement is earned only by continuing service with the Company. Optionee further acknowledges and agrees that nothing in this Agreement, nor in the Plan shall confer upon the Optionee any right to continue in the service of the Company, nor shall it interfere in any way with Optionee’s right or the Company’s right to terminate Optionee’s service at any time, with or without Cause. Optionee acknowledges receipt of a copy of the Plan and represents that he or she is familiar with the terms and provisions thereof. Optionee has reviewed the Plan and this Option in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option and fully understands all provisions of the Option. By executing this Agreement, the Optionee hereby agrees to be bound by all of the terms of both the Plan and this Agreement. GLASSBRIDGE ENTERPRISES, INC. FAT Brands Inc. By: :____________________________ ________ Date Its: OPTIONEE :____________________________ ____________________, Optionee ________ Date SAMPLE NOTICE OF EXERCISE Glass Bridge Enterprises, FAT Brands Inc. Compensation Committee Date of Exercise: Ladies and Gentlemen: This constitutes notice under my stock Option that I elect to purchase the number of Shares for the price set forth below. Type of Option: Incentive Stock Option Non-Qualified Grant Date: Number of Shares as to which Option is exercised: Certificates to be issued in name of: Total exercise price: $ Cash payment delivered herewith: $ By this exercise, I agree (i) to execute or provide such additional documents as GlassBridge Enterprises, FAT Brands Inc. (the “Company”) may reasonably require pursuant to the terms of this Notice of Exercise and the Company’s 2023 2017 Omnibus Equity Incentive Plan (the “Plan”), and (ii) to provide for the payment by me to the Company (in the manner designated by the Company) of the Company’s withholding obligation, if any, relating to the exercise of this Option. Very truly yours, OptioneeOptionee FAT BRANDS INC. 2017 OMNIBUS EQUITY INCENTIVE PLAN RESTRICTED STOCK AGREEMENT THIS AGREEMENT made as of ___________, 201_ [insert date on which Committee awards the Restricted Stock] (the “Grant Date”), by and between FAT Brands Inc. (the “Company”), and ___________________ (the “Awardee”).

Appears in 1 contract

Samples: Agreement (Fat Brands, Inc)

Optionee Acknowledgment. Optionee acknowledges and agrees that the vesting of Shares pursuant to this Option Agreement is earned only by continuing service with the Company. Optionee further acknowledges and agrees that nothing in this Agreement, nor in the Plan shall confer upon the Optionee any right to continue in the service of the Company, nor shall it interfere in any way with Optionee’s right or the Company’s right to terminate Optionee’s service at any time, with or without Cause. Optionee acknowledges receipt of a copy of the Plan and represents that he or she is familiar with the terms and provisions thereof. Optionee has reviewed the Plan and this Option in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option and fully understands all provisions of the Option. By executing this Agreement, the Optionee hereby agrees to be bound by all of the terms of both the Plan and this Agreement. GLASSBRIDGE ENTERPRISESATTEST: BofI Holding, INC. Inc. By: Date Date Its: OPTIONEE , Optionee Date SAMPLE NOTICE OF EXERCISE Glass Bridge EnterprisesBofI Holding, Inc. Compensation Committee Date of Exercise: Ladies and Gentlemen: This constitutes notice under my stock Option that I elect to purchase the number of Shares for the price set forth below. Type of Option: Incentive Stock Option Grant Date: Number of Shares as to which Option is exercised: Certificates to be issued in name of: Total exercise price: $ Cash payment delivered herewith: $ By this exercise, I agree (i) to execute or provide such additional documents as GlassBridge EnterprisesBofI Holding, Inc. (the “Company”) may reasonably require pursuant to the terms of this Notice of Exercise and the Company’s 2023 Equity 2014 Stock Incentive Plan (the “Plan”), and (ii) to provide for the payment by me to the Company (in the manner designated by the Company) of the Company’s withholding obligation, if any, relating to the exercise of this Option. Very truly yours, Optionee BOFI HOLDING, INC. 2014 STOCK INCENTIVE PLAN NON-QUALIFIED STOCK OPTION AGREEMENT THIS AGREEMENT made as of _____________, 20[___] (the “Grant Date”), by and between BofI Holding, Inc. (the “Company”), and ____________________ (the “Optionee”).

Appears in 1 contract

Samples: Agreement (BofI Holding, Inc.)

Optionee Acknowledgment. Optionee acknowledges and agrees that the vesting of Shares shares pursuant to this Option Agreement is earned only by continuing service with the Company. Optionee further acknowledges and agrees that nothing in this the Agreement, nor in the Plan shall confer upon the Optionee any right to continue in the service of the Company, nor shall it interfere in any way with Optionee’s right or the Company’s right to terminate Optionee’s service at any time, with or without Causecause. Optionee acknowledges receipt of a copy of the Plan and represents that he or she is familiar with the terms and provisions thereof. Optionee has reviewed the Plan and this Option in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option and fully understands all provisions of the Option. By executing this Agreement, the Optionee hereby agrees to be bound by all of the terms of both the Plan and this Agreement. GLASSBRIDGE ENTERPRISES, INC. ByATTEST: XXXXXXX X. XXXXX LIVE VENTURES INCORPORATED /s/ Xxxxxxx X. Xxxxx By:/s/ Xxx Xxxxx 9/12/17 9-11-17 Date Date Its: OPTIONEE Date President and CEO SAMPLE NOTICE OF EXERCISE Glass Bridge Enterprises, Inc. Live Ventures Incorporated Compensation Committee Date of Exercise: Ladies and Gentlemen: This constitutes notice under my stock Option that I elect to purchase the number of Shares for the price set forth below. Type of Option: Incentive Stock Option Grant Date: Number of Shares as to which Option is exercised: Certificates to be issued in name of: Total exercise price: $ Cash payment delivered herewith: $ By this exercise, I agree (i) to execute or provide such additional documents as GlassBridge Enterprises, Inc. Live Ventures Incorporated (the “Company”) may reasonably require pursuant to the terms of this Notice of Exercise and the Company’s 2023 2014 Omnibus Equity Incentive Plan (the “Plan”), and (ii) to provide for the payment by me to the Company (in the manner designated by the Company) of the Company’s withholding obligation, if any, relating to the exercise of this Option. Very truly yours, Optionee. Xxxxxxx X. Xxxxx

Appears in 1 contract

Samples: Live Ventures Incorporated (LIVE VENTURES Inc)

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