LANTRONIX, INC. INDUCEMENT RESTRICTED STOCK UNIT AWARD AGREEMENTInducement Restricted Stock Unit Award Agreement • August 31st, 2018 • Lantronix Inc • Computer communications equipment • Delaware
As an inducement material to the hiring of Fathi Hakam (the “Grantee”) as Vice President of Engineering, Lantronix, Inc., a Delaware corporation (the “Company”), hereby grants to the Grantee an award (the “Award”) of the number of restricted stock units set forth below (the “RSUs”). This Award is subject to all of the terms and conditions set forth herein and in this Inducement Restricted Stock Unit (the “Inducement Agreement”). This Award is not issued pursuant to the Company’s Amended & Restated 2010 Stock Incentive Plan or any other equity incentive plan of the Company.
LANTRONIX, INC. INDUCEMENT STOCK OPTION AGREEMENTInducement Stock Option Agreement • August 31st, 2018 • Lantronix Inc • Computer communications equipment • Delaware
As an inducement material to the hiring of Shahram Mehraban (the “Optionee”) as Vice President of Marketing, Lantronix, Inc., a Delaware corporation (the “Company”), hereby grants to the Optionee an award (the “Award”) of the number of non-qualified stock options set forth below. This Award is subject to all of the terms and conditions set forth herein and in this Inducement Stock Option Agreement (the “Inducement Agreement”). This Award is not issued pursuant to the Company’s Amended & Restated 2010 Stock Incentive Plan or any other equity incentive plan of the Company.
