Nonstatutory Stock Option Agreement for Non-Employee Directors Granted Under 2006 Stock Incentive PlanNonstatutory Stock Option Agreement • October 8th, 2009 • Sucampo Pharmaceuticals, Inc. • Pharmaceutical preparations
This agreement evidences the grant by Sucampo Pharmaceuticals, Inc., a Delaware corporation (the “Company”), on __________, 200__ (the “Grant Date”) to ___________, a director of the Company (the “Participant”), of an option to purchase, in whole or in part, on the terms provided herein and in the Company’s 2006 Stock Incentive Plan (the “Plan”), a total of ________ shares (the “Shares”) of Class A common stock, $0.01 par value per share, of the Company (“Common Stock”) at $_____ per Share. Unless earlier terminated, this option shall expire at 5:00 p.m., Eastern time, on the tenth anniversary of the Grant Date (the “Final Exercise Date”).
