FORM OF PROMISE TO GRANT STOCK OPTION(S)Promise to Grant Stock Option(s) • December 28th, 2001 • Wink Communications Inc • Radio & tv broadcasting & communications equipment
In exchange for your agreement to cancel certain stock options ("Old Option(s)") you received from Wink Communications, Inc. ("Wink"), Wink hereby promises to grant you a stock option or options, as applicable, to purchase [_________] shares of Wink's common stock on July 31, 2002 (the "New Option(s)"). The exercise price of each New Option will be the closing price of Wink's common stock as listed on the Nasdaq National Market on July 31, 2002, except as otherwise set forth in the Exchange Offer Documents (as defined below). Each New Option will vest according to the same vesting schedule as the Old Option it replaces, subject to your continued employment with Wink, as described below. Each New Option will otherwise be subject to the standard terms and conditions under Wink's 1999 Stock Plan, as amended, and applicable form of stock option agreement.
