NONQUALIFIED STOCK OPTION AGREEMENT UNDER THE SWITCH & DATA 2007 STOCK INCENTIVE PLANNonqualified Stock Option Agreement • March 29th, 2007 • Switch & Data Facilities Company, Inc. • Telephone communications (no radiotelephone) • Delaware
This Nonqualified Stock Option Agreement (this “Option Agreement”) is made and entered into effective as of {date of grant} (the “Date of Grant”), by and between Switch & Data Facilities Company, Inc., a Delaware corporation (the “Company”), and {name of grantee} (the “Grantee”). Capitalized terms not defined herein shall have the meaning ascribed to them in the Switch & Data 2007 Stock Incentive Plan (the “Plan”). [NOTE: The Option Agreement may be used for an option granted as a substitute and replacement for an option granted by a predecessor entity that is merged into or acquired by the Company, in which event the following provision is included: On {date of grant of prior option}, the Company’s predecessor {name of predecessor entity} (the “Predecessor”) granted to the Grantee a nonqualified stock option to purchase {number of shares subject to prior option} shares of the Predecessor’s {description of predecessor stock subject to prior option} for ${exercise price of prior option}
INCENTIVE STOCK OPTION AGREEMENT UNDER THE SWITCH & DATA 2007 STOCK INCENTIVE PLANIncentive Stock Option Agreement • March 29th, 2007 • Switch & Data Facilities Company, Inc. • Telephone communications (no radiotelephone) • Delaware
This Incentive Stock Option Agreement (this “Option Agreement”) is made and entered into effective as of {date of grant} (the “Date of Grant”), by and between Switch & Data Facilities Company, Inc., a Delaware corporation (the “Company”), and {name of grantee} (the “Grantee”). Capitalized terms not defined herein shall have the meaning ascribed to them in the Switch & Data 2007 Stock Incentive Plan (the “Plan”). The Option (as defined below) is intended to be an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). [NOTE: The Option Agreement may be used for an option granted as a substitute and replacement for an option granted by a predecessor entity that is merged into or acquired by the Company, in which event the following provision is included: On {date of grant of prior option}, the Company’s predecessor {name of predecessor entity} (the “Predecessor”) granted to the Grantee an incentive stock option to purchase {number of shares
