MASTER AGREEMENTMaster Agreement • February 27th, 2007 • Select Comfort Corp • Household furniture
THIS MASTER AGREEMENT, made and entered into this, by and between SELECT COMFORT CORPORATION, a corporation organized and existing under the laws of the state of Minnesota, hereinafter referred to as “Buyer” and XXXXXXXX, organized under the laws of XXXXXXXX, hereinafter referred to as “Seller”.
Nonstatutory Stock Option Award Agreement (Subject to Performance Adjustment)Stock Option Award Agreement • February 27th, 2007 • Select Comfort Corp • Household furniture
In recognition of your contributions to the ultimate success of our Company, and to enable you to share in that success, the Board of Directors has approved the grant to you of nonstatutory stock options under the Company’s 2004 Stock Incentive Plan (the “Plan”). This letter serves as formal documentation of these stock options, giving you the right to purchase up to ( ) shares of the Company’s Common Stock at a price of $XX.XX per share, subject to the performance adjustment described below, vesting provisions and other terms and conditions of this letter and the Plan.
