LEAPFROG ENTERPRISES, INC. STOCK OPTION AGREEMENTStock Option Agreement • June 11th, 2008 • Leapfrog Enterprises Inc • Games, toys & children's vehicles (no dolls & bicycles) • California
This option (i) is not intended to qualify as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”); (ii) is not subject to, and is granted outside of, the Company’s 2002 Equity Incentive Plan; and (iii) is granted pursuant to the June 5, 2008 approval by the Company’s stockholders of the Company’s option exchange program.
