Inducement Stock Option Agreement Sample Contracts

QUADRAMED CORPORATION INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • January 5th, 2010 • Quadramed Corp • Services-computer programming services • Virginia

THIS AGREEMENT, is made as of the 5th day of January 2010, by and between QuadraMed Corporation (“QuadraMed”) and Thomas J. Dunn (“Optionee”).

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Editas Medicine, Inc. Inducement Stock Option Agreement
Inducement Stock Option Agreement • February 28th, 2024 • Editas Medicine, Inc. • Biological products, (no disgnostic substances) • Delaware
LANTRONIX, INC. INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • September 4th, 2020 • Lantronix Inc • Computer communications equipment • Delaware

As an inducement material to the hiring of ____________ (the “Optionee”) as ____________ of 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.

RECITALS:
Inducement Stock Option Agreement • February 1st, 2006 • Capstone Turbine Corp • Engines & turbines • Delaware
Inducement Stock Option Agreement (Nonstatutory Stock Option)
Inducement Stock Option Agreement • September 25th, 2006 • Anadys Pharmaceuticals Inc • Pharmaceutical preparations

Pursuant to your Stock Option Grant Notice (“Grant Notice”) and this Stock Option Agreement, Anadys Pharmaceuticals, Inc. (the “Company”) has granted you an option to purchase the number of shares of the Company’s Common Stock indicated in your Grant Notice at the exercise price indicated in your Grant Notice. This option is granted as an “inducement grant” under NASDAQ Marketplace Rule 4350(i)(1)(A)(iv) and is therefore being granted outside the Company’s 2004 Equity Incentive Plan (the “Plan”). However, this option is subject to all of the terms and conditions in the Plan and this Stock Option Agreement, as though the option was issued pursuant to the Plan. Defined terms not otherwise defined in this Stock Option Agreement but defined in the Plan shall have the same meanings as in the Plan.

LANTRONIX, INC. INDUCEMENT STOCK OPTION AGREEMENT
Inducement 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.

UNITED STATES
Inducement Stock Option Agreement • July 8th, 2022 • California

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • February 2nd, 2007 • Autobytel Inc • Services-computer programming, data processing, etc. • California

THIS AGREEMENT, made as of the 30th day of January, 2007 (the “Grant Date”), by and between Autobytel Inc. (“Autobytel” or the “Company”) and Monty Houdeshell (“Optionee”).

ION Geophysical Corporation Employment Inducement Stock Option Agreement
Inducement Stock Option Agreement • November 14th, 2008 • Ion Geophysical Corp • Measuring & controlling devices, nec • Texas

THIS EMPLOYMENT INDUCEMENT STOCK OPTION AGREEMENT (the “Agreement”) is made effective as of the GrantDay day of GrantMonth, 2008 (the “Date of Grant”) by and between ION Geophysical Corporation, a Delaware corporation (the “Company”), and FName LName (the “Optionee”).

ALIMERA SCIENCES, INC. Inducement Stock Option Agreement
Inducement Stock Option Agreement • January 4th, 2024 • Alimera Sciences Inc • Pharmaceutical preparations

Pursuant to your employment agreement with Alimera Sciences, Inc. (the “Company”), dated December 11, 2023 (the “Employment Agreement”), the Company hereby grants to you (“Executive” or “you”) the following inducement option (the “Option”) to purchase shares of the Company’s common stock (the “Common Shares”), subject to the terms and conditions set forth in this Inducement Stock Option Agreement and the exhibits hereto (this “Agreement”). Capitalized terms not otherwise defined herein shall have the meanings assigned to such terms in Exhibit B hereto.

QUADRAMED CORPORATION INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • December 3rd, 2009 • Quadramed Corp • Services-computer programming services • Virginia

THIS AGREEMENT, made as of the 5th day of November 2009, by and between QuadraMed Corporation (“QuadraMed”) and Michael J. Simpson (“Optionee”).

GLEACHER & COMPANY, INC. INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • May 10th, 2011 • Gleacher & Company, Inc. • Security brokers, dealers & flotation companies • Delaware

THIS INDUCEMENT STOCK OPTION AGREEMENT (this “Agreement”) confirms the grant on May 9, 2011 (the “Grant Date”) by Gleacher & Company, Inc., a Delaware corporation (the “Company”), to Thomas Hughes (“Employee”) of non-qualified options (“Options”) to acquire shares of the Company’s common stock (“Shares”), as follows:

PDL BioPharma, Inc. Nonstatutory Inducement Stock Option Agreement (Amended 11/15/19)
Inducement Stock Option Agreement • March 11th, 2020 • PDL Biopharma, Inc. • Biological products, (no disgnostic substances) • Delaware

PDL BioPharma, Inc., has granted to Participant named in the Nonstatutory Inducement Stock Option Grant Notice (the “Notice”) to which this Nonstatutory Inducement Stock Option Agreement (this “Agreement”) is attached an option (the “Option”) to purchase certain shares of Common Stock upon the terms and conditions set forth in the Notice and this Agreement. By signing the Notice, the Participant: (a) acknowledges receipt of and represents that Participant has read and is familiar with the Notice and this Agreement and the current prospectus under the registration statement filed with the Securities and Exchange Commission (the “Prospectus”) which covers the Option, (b) accepts the Award subject to all of the terms and conditions of the Notice and this Agreement and (c) agrees to accept as binding, conclusive and final all decisions or interpretations of the Committee upon any questions arising under the Notice and this Agreement.

CAREDX, INC. INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • April 25th, 2024 • CareDx, Inc. • Services-medical laboratories • California

For purposes of this Inducement Stock Option Agreement (the “Agreement”), including the Notice of Stock Option Grant (the “Notice of Grant”) and Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, certain capitalized terms will have the meanings set forth in Section 21 of the Agreement.

CAPSTONE TURBINE CORPORATION INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • February 9th, 2007 • Capstone Turbine Corp • Engines & turbines • Delaware

THIS AGREEMENT is entered into on this 18th day of December, 2006 by and between Capstone Turbine Corporation (the “Company”) with Darren R. Jamison (the “Optionee”) to evidence the award of an option to purchase the common stock of the Company that was made on December 18, 2006.

CAPSTONE TURBINE CORPORATION INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • June 17th, 2009 • Capstone Turbine Corp • Engines & turbines

THIS AGREEMENT is entered into on this day of [date of agreement] by and between Capstone Turbine Corporation (the “Company”) with [name] (the “Optionee”) to evidence the award of an option to purchase the common stock of the Company that was made on [grant date].

MERSANA THERAPEUTICS, INC. Inducement Stock Option Agreement
Inducement Stock Option Agreement • May 10th, 2021 • Mersana Therapeutics, Inc. • Pharmaceutical preparations

This agreement (this “Agreement”) evidences a stock option (the “Stock Option”) granted by the Company to the individual named above (the “Optionee”), as an inducement material to the Optionee’s entering into employment with the Company. The Stock Option has been granted as an “inducement” award under Nasdaq Listing Rule 5635(c)(4), and as such, the Stock Option has been granted outside the Company’s existing equity compensation plans. However, the Stock Option will be governed in all respects as if issued pursuant to and subject to the terms of the Mersana Therapeutics, Inc. 2017 Stock Incentive Plan (as from time to time amended and in effect, the “Plan”).

NEPHROS, INC. INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • March 15th, 2024 • Nephros Inc • Surgical & medical instruments & apparatus • Delaware

THIS INDUCEMENT STOCK OPTION AGREEMENT (this “Agreement”), made effective as of this 1st day of November, 2023, by and between Nephros, Inc., a Delaware corporation (the “Company”), and Judy Krandel (“Participant”).

INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • May 29th, 2014 • InfuSystem Holdings, Inc • Surgical & medical instruments & apparatus • Delaware

THIS INDUCEMENT STOCK OPTION AGREEMENT (the “Agreement”), made as of April 29, 2013, by and between InfuSystem Holdings, Inc. (the “Company”) and Michael McReynolds (“Optionee”).

STAMPS.COM INC. FORM OF INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • March 1st, 2019 • STAMPS.COM Inc • Services-business services, nec • Delaware

As an inducement for you to accept employment with Stamps.com Inc., a Delaware corporation (the “Company”), you have been granted an option (the “Option”) to purchase shares of Common Stock of the Company on the terms and conditions set forth in this Agreement. The Option is not granted under any equity plan maintained by the Company.

Technology Solutions Company Non-Statutory Inducement Stock Option Agreement
Inducement Stock Option Agreement • November 14th, 2006 • Technology Solutions Company • Services-computer integrated systems design • Delaware

Technology Solutions Company, a Delaware corporation (the “Company”), hereby grants to the employee whose name appears below (the “Employee”), an option to purchase from the Company (the “Option”) such number of shares of its Common Stock, $0.01 par value (“Stock”), as set forth below, at the price per share set forth below, and subject to the other terms and conditions set forth herein and in Annex I hereto (“Annex I”). The Option is not granted pursuant to the Technology Solutions Company 1996 Stock Incentive Plan (as amended, the “Plan”) however, except to the extent otherwise set forth herein or in Annex I, the terms and conditions of the Plan applicable to stock options are incorporated herein by reference and shall apply as though the Option was granted pursuant to the Plan. All capitalized terms used in this Agreement and not otherwise defined herein shall have the respective meanings assigned to them in Annex I or the Plan. The Option shall become null and void unless the Emplo

INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • March 19th, 2013 • InfuSystem Holdings, Inc • Surgical & medical instruments & apparatus • Delaware

THIS INDUCEMENT STOCK OPTION AGREEMENT (the “Agreement”), made as of April 1, 2013, by and between InfuSystem Holdings, Inc (the “Company”) and Eric K. Steen (“Optionee”).

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DIANTHUS THERAPEUTICS, INC. INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • March 21st, 2024 • Dianthus Therapeutics, Inc. /DE/ • Pharmaceutical preparations • Delaware

Dianthus Therapeutics, Inc. (the “Company”) hereby grants to the Optionee named below an option (the “Stock Option”) to purchase on or prior to the Expiration Date set forth below all or part of the number of shares of Common Stock, par value $0.001 per share, of the Company (the “Stock”) set forth below (the “Option Shares”) at the Exercise Price per Share set forth below subject to the terms and conditions set forth herein. The Stock Option is an inducement material to the Optionee’s entry into employment with the Company within the meaning of Nasdaq Listing Rule 5635(c)(4). The Stock Option is granted outside of the Amended and Restated Dianthus Therapeutics, Inc. Stock Option and Incentive Plan (the “Plan”), but shall be subject to the terms and conditions substantially identical to the terms and conditions set forth in the Plan as if the Stock Option were a non-qualified stock option granted under the Plan. Unless provided otherwise herein, the terms and conditions of the Plan app

INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • August 12th, 2021 • Diffusion Pharmaceuticals Inc. • Pharmaceutical preparations • Illinois

This INDUCEMENT STOCK OPTION AGREEMENT (this “Agreement”) is entered into and effective as of [•], 2021 (the “Grant Date”) by and between Diffusion Pharmaceuticals Inc., a Delaware corporation (the “Company”), and [•] (“Optionee”).

RADIUS HEALTH, INC. EMPLOYMENT INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • February 28th, 2019 • Radius Health, Inc. • Pharmaceutical preparations

THIS STOCK OPTION AGREEMENT (the “Agreement”) is entered into as of the Grant Date set forth below (the “Grant Date”) between Radius Health, Inc., a corporation organized under the laws of the State of Delaware (the “Company”), and the individual identified in paragraph 1 below, currently residing at the address set out at the end of this Agreement (the “Optionee”).

QUADRAMED CORPORATION INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • March 22nd, 2004 • Quadramed Corp • Services-computer programming services • Virginia
RADIUS HEALTH, INC. EMPLOYMENT INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • March 1st, 2018 • Radius Health, Inc. • Pharmaceutical preparations • Delaware

THIS STOCK OPTION AGREEMENT (the “Agreement”) is entered into as of the Grant Date set forth below (the “Grant Date”) between Radius Health, Inc., a corporation organized under the laws of the State of Delaware (the “Company”), and the individual identified in paragraph 1 below, currently residing at the address set out at the end of this Agreement (the “Optionee”).

CAPSTONE TURBINE CORPORATION INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • November 9th, 2005 • Capstone Turbine Corp • Engines & turbines • Delaware

THIS AGREEMENT is entered into on this 5th day of August, 2005 by and between Capstone Turbine Corporation (the “Company”) with Walter J. McBride (the “Optionee”) to evidence the award of an option to purchase the common stock of the Company that was made on July 11, 2005.

SYROS PHARMACEUTICALS, INC. INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • October 13th, 2021 • Syros Pharmaceuticals, Inc. • Pharmaceutical preparations • Delaware

This option satisfies in full all commitments that the Company has to the Participant with respect to the issuance of stock, stock options or other equity securities.

FORM OF INDUCEMENT STOCK OPTION AGREEMENT
Inducement Stock Option Agreement • June 16th, 2006 • Autobytel Inc • Services-computer programming, data processing, etc. • Delaware

THIS AGREEMENT is made as of the day of , 200 (the “Grant Date”), by and between Autobytel Inc. (“Autobytel” or the “Company”) and [Name of employee] (“Optionee”).

Technology Solutions Company Non-Statutory Inducement Stock Option Agreement
Inducement Stock Option Agreement • May 15th, 2006 • Technology Solutions Company • Services-computer integrated systems design • Delaware

Technology Solutions Company, a Delaware corporation (the “Company”), hereby grants to the employee whose name appears below (the “Employee”), an option to purchase from the Company (the “Option”) such number of shares of its Common Stock, $0.01 par value (“Stock”), as set forth below, at the price per share set forth below, and subject to the other terms and conditions set forth herein and in Annex I hereto (“Annex I”). The Option is not granted pursuant to the Technology Solutions Company 1996 Stock Incentive Plan (as amended, the “Plan”) however, except to the extent otherwise set forth herein or in Annex I, the terms and conditions of the Plan applicable to stock options are incorporated herein by reference and shall apply as though the Option was granted pursuant to the Plan. All capitalized terms used in this Agreement and not otherwise defined herein shall have the respective meanings assigned to them in Annex I or the Plan. The Option shall become null and void unless the Emplo

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