ViewCast 2005 Stock Incentive Plan Stock Option Agreement
Name of Optionee:
|
Xxxxx X. Xxxxxxxxxxx | |
Address:
|
000 Xxxxx Xxxxx Xxxx, Xxxxxx, XX 00000 |
This Stock Option Agreement is intended to set forth the terms and conditions on which a Stock
Option has been granted under the ViewCast 2005 Stock Incentive Plan. Set forth below are the
specific terms and conditions applicable to this Stock Option. Attached as Exhibit A are
its general terms and conditions.
| Grant Date: | October 21, 2010 |
|
| Class of Optioned Shares* | Common |
|
| No. of Optioned Shares* | 25,000 |
|
| Exercise Price Per Share* | $0.235 |
|
| Option Type (ISO or NQSO) | Time based NQSO (Subject to rules and regulations) |
|
| Vesting | 100% will vest on 10/21/2011 |
|
| Earliest Exercise Date* | 10/21/2011 |
|
| Option Expiration Date* | 10/21/2017 |
| * | Subject to adjustment as provided in the Plan and the General Terms and Conditions. |
By signing where indicated below, XxxxXxxx.xxx, Inc. (the “Company”) grants this Stock Option upon
the specified terms and conditions, and the Optionee acknowledges receipt of this Stock Option
Agreement, including Exhibit A, and agrees to observe and be bound by the terms and
conditions set forth herein and acknowledges receipt of a copy of the ViewCast 2005 Stock Incentive
Plan.
| XxxxXxxx.xxx, Inc. | Optionee | |||||||
By
|
/s/ Xxxxxx X. Xxxxxx
|
/s/ Xxxxx X. Xxxxxxxxxxx
|
||||||
| Name: Xxxxxx X. Xxxxxx | ||||||||
| Title: CFO | ||||||||
Instructions: This page should be completed by or on behalf of the Board of Directors or its
committee. Any blank space intentionally left blank should be crossed out. An option grant
consists of a number of optioned shares with uniform terms and conditions. Where options are
granted on the same date with varying terms and conditions (for example, varying exercise prices or
earliest exercise dates), the options should be recorded as a series of grants each with its own
uniform terms and conditions.
