Date of Option Grant definition

Date of Option Grant means __________________.

Date of Option Grant means .

Date of Option Grant means the “Date of Grant” as set forth in the Notice of Grant.

Examples of Date of Option Grant in a sentence

• In addition, if the Notice designates this Option as an Incentive Stock Option, the Optionee shall (a) promptly notify the Chief Financial Officer of the Company if the Optionee disposes of any of the shares acquired pursuant to the Option within one (1) year after the date the Optionee exercises all or part of the Option or within two (2) years after the Date of Option Grant and (b) provide the Company with a description of the circumstances of such disposition.

• Until such time as the Optionee disposes of such shares in a manner consistent with the provisions of this Option Agreement, unless otherwise expressly authorized by the Company, the Optionee shall hold all shares acquired pursuant to the Option in the Optionee's name (and not in the name of any nominee) for the one-year period immediately after the exercise of the Option and the two-year period immediately after Date of Option Grant.

• Until such time as the Optionee disposes of such shares in a manner consistent with the provisions of this Option Agreement, unless otherwise expressly authorized by the Company, the Optionee shall hold all shares acquired pursuant to the Option in the Optionee’s name (and not in the name of any nominee) for the one-year period immediately after the exercise of the Option and the two-year period immediately after Date of Option Grant.

• If the Option is an Incentive Stock Option, I agree that I will promptly notify the Chief Financial Officer of the Company if I transfer any of the Shares within one (1) year from the date I exercise all or part of the Option or within two (2) years of the Date of Option Grant.

• If the underlying Shares do not increase in value after the Date of Option Grant, the Option will have little or no value.

More Definitions of Date of Option Grant

Date of Option Grant means the effective date of grant of the Option as set forth in the Notice.

Date of Option Grant means _______________.

Date of Option Grant. 2000 Name of Optionee: _________________________________________________ Optionee's Social Security Number: _____-____-_____ Number of Shares Covered by Option: ______________ Exercise Price per Share: $_____.___ Vesting Start Date: _____________, 2000 Vesting Schedule: Subject to all the terms of the attached Agreement, your right to purchase Shares under this Option vests as to [one-fourth (1/4)] of the total number of Shares covered by this Option, as shown above, on the one-year anniversary of the Vesting Start Date. Thereafter, the number of Shares which you may purchase under this Option shall vest at the rate of [one-forty-eighth (1/48)] per month on the 1st day of each of the [thirty-six (36) months] following the month of the one-year anniversary of the Vesting Start Date. [OR SUBSTITUTE A DIFFERENT VESTING SCHEDULE] The resulting aggregate number of vested Shares will be rounded to the nearest whole number. No additional Shares will vest after your Service has terminated for any reason. By signing this cover sheet, you agree to all of the terms and conditions described in the attached Agreement and in the Plan, a copy of which is also enclosed. Optionee:________________________________________ (Signature) Company:_________________________________________ (Signature) Title:_________________________________ Attachment ---------- SUNRISE TELECOM INCORPORATED 2000 STOCK PLAN NONSTATUTORY STOCK OPTION AGREEMENT The Plan and The text of the Plan is incorporated in this Agreement by Other Agreements reference. Certain capitalized terms used in this Agreement are defined in the Plan. This Agreement and the Plan constitute the entire understanding between you and the Company regarding this Option. Any prior agreements, commitments or negotiations concerning this Option are superseded. Vesting This Option is only exercisable before it expires and then only with respect to the vested portion of the Option. This Option will vest according to the Vesting Schedule on the attached cover sheet. Term Your Option will expire in any event at the close of business at Company headquarters on the day before the 10th anniversary of the Date of Option Grant, as shown on the cover sheet. Your Option will expire earlier if your Service terminates, as described below. Regular Termination If your Service terminates for any reason, other than death, Disability or Cause, as defined below, then your Option will expire at the close of business at Company headquarters on the 90t...

Date of Option Grant means %%OPTION_DATE,’Month DD, YYYY’%-%

Date of Option Grant means ________________________ , 199_.

Date of Option Grant means April 23, 2001.

Date of Option Grant means September 20, 2006.