Non-Qualified Stock Options AWARD AGREEMENT WITH FIFTY-FIFTY VESTINGNon-Qualified Stock • March 17th, 2022 • Sypris Solutions Inc • Industrial instruments for measurement, display, and control
Effective as of [month/day/year] (“Grant Date”), the Company hereby grants to [OPTIONEE NAME] certain rights to purchase up to: [# of options granted] total Shares for [exercise price $X.XX] per Share until [6th anniversary of grant date] (“Expiration Date”) on the Terms of this Agreement, the attached Program, and the 2020 Sypris Omnibus Plan (“Plan”) as follows:
