SIGMA LABS, INC. FORM OF NON-QUALIFIED STOCK OPTION AGREEMENTNon-Qualified Stock Option Agreement • April 1st, 2019 • Sigma Labs, Inc. • Miscellaneous manufacturing industries • Nevada
THIS NON-QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is made effective as of the ________ day of ___________ (the “Effective Date”) by and between Sigma Labs, Inc., a Nevada corporation (the “Company”), and _________ (“Optionee”).
BY E-MAILSigma Labs, Inc. • April 1st, 2019 • Miscellaneous manufacturing industries
As you know, I am pleased to inform you that, effective as of __________, upon the terms and subject to the conditions set forth in this letter (this “Letter Agreement”), Sigma Labs, Inc. (the “Company”) granted you _________ shares of common stock of the Company, based on a stock price of $____ per share (the “Shares”), under the Company’s 2013 Equity Incentive Plan, as amended (the “Plan”). A copy of the Plan, as in effect on the date hereof, is attached as Exhibit A.
