Date of Option Grant definition

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

Date of Option Grant means .

Date of Option Grant means ________________________ , 199_.

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. [YEAR] Name of Optionee: _________________________________________________ Number of Shares Covered by Option: ______________ Exercise Price per Share: $_____.___ Fair Market Value of a Share on Date of Option Grant: $_____.___ Expiration Date: _____________, [YEAR] [DO NOT EXCEED TEN YEARS FROM GRANT] Vesting Calculation Date: _____________, [YEAR] Vesting Schedule: Subject to all the terms of the attached Agreement including without limitation your continued Service, your right to purchase Shares under this Option shall vest at the rate of one-twelfth (1/12) of the total number of Shares covered by this Option per calendar month on the last day of each of the twelve (12) months following the month of the Vesting Calculation Date. The resulting aggregate number of vested Shares will be rounded to the nearest whole number. All unvested Shares subject to this Option shall also become fully vested and exercisable upon a Change in Control subject to your continued Service through such Change in Control. No 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, the Plan and Plan prospectus, copies of which are also enclosed. Optionee: __________________________________________________________ (Signature) Company: __________________________________________________________ (Signature) Title: ______________________________________________________________ Attachment NTN BUZZTIME, INC. 2010 PERFORMANCE INCENTIVE PLAN NONSTATUTORY STOCK OPTION AGREEMENT The Plan and Other Agreements The text of the Plan is incorporated in this Agreement by 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. Nonstatutory Stock Option This Option is not intended to be an Incentive Stock Option under section 422 of the Code and will be interpreted accordingly. This Option is not intended to be deferred compensation under section 409A of the Code and will be interpreted accordingly. 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 no lat...

Date of Option Grant means ___________.

Date of Option Grant means

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

Date of Option Grant means September 18, 1998.

Date of Option Grant means , 200__.

Date of Option Grant means April 27, 2001.