Non-Qualified Stock Option Agreement under the Natrol, Inc.Non-Qualified Stock Option Agreement • July 7th, 2006 • Natrol Inc • Medicinal chemicals & botanical products • Delaware
Pursuant to the Natrol, Inc. 2006 Stock Option and Incentive Plan (the “Plan”), Natrol, Inc., a Delaware corporation (together with all successors thereto, the “Company”), hereby grants to the person named above (the “Optionee”), who is a of the Company or any of its subsidiaries, an option (the “Stock Option”) to purchase on or prior to the expiration date specified above, or such earlier date as is specified herein, all or any part of the number of shares of Common Stock, par value $0.01 per share (“Common Stock”), of the Company indicated above (the “Option Shares”), at the per share option exercise price specified above, subject to the terms and conditions set forth in this Non-Qualified Stock Option Agreement (the “Agreement”) and in the Plan. This Stock Option is not intended to qualify as an “incentive stock option” as defined in Section 422(b) of the Internal Revenue Code of 1986, as amended from time to time (the “Code”). All capitalized terms used herein and not otherwise def
