MASTER STOCK OPTION AWARD AGREEMENT TERMS AND CONDITIONS (For Nonqualified Stock Options)Master Stock Option Award Agreement • February 14th, 2003 • Cree Inc • Semiconductors & related devices • North Carolina
This Master Stock Option Agreement (this “Master Agreement” or “Agreement”) is entered into between you (the “Participant” named below) and Cree, Inc., a corporation formed under the laws of the State of North Carolina (the “Company”).
STOCK OPTION AWARD AGREEMENTStock Option Award Agreement • February 14th, 2003 • Cree Inc • Semiconductors & related devices • North Carolina
Effective as of (the “Grant Date”), you (“Participant”) have been granted a nonqualified stock option (the “Option”) to purchase shares (“Shares”) of the common stock of Cree, Inc. (the “Company”) at $ per share, as described more fully in this Agreement.
