Examples of Socket Mobile in a sentence
Except as provided by any applicable law, your service with Socket Mobile will remain “at-will” regardless of your participation in the Offer and can be terminated by you or Socket Mobile at any time with or without cause or notice.
Any new options granted to you will be subject to the terms and conditions of our 2004 Plan and a new option agreement to be entered into between you and Socket Mobile.
For purposes of your eligibility to participate in this Offer, your employment with Socket Mobile will not be considered to have terminated while you are on a leave of absence that has been approved by Socket Mobile.
In order to continue to vest in your new options, you must remain a service provider with us (or any Socket Mobile parent or subsidiary) through each relevant vesting date.
You are an “eligible service provider” if you are an employee, executive officer, director or consultant of Socket Mobile as of the date that the Offer commences, who holds an eligible option and remains a service provider of Socket Mobile through the new option grant date.
To receive a new option, you must remain in the service of Socket Mobile or a successor entity through the new option grant date.
Each person to whom a copy of this Offer to Exchange is delivered may obtain a copy of any or all of the documents to which we have referred you, other than exhibits to such documents, unless such exhibits are specifically incorporated by reference into such documents, at no cost, by writing to Xxxx Xxxx, Chief Financial Officer, Socket Mobile, Inc., 40675 Encyclopedia Cir., Fremont, CA 94538 or telephoning Xx. Xxxx at (000) 000-0000.
You should direct questions about this Offer or requests for additional copies of this Offer to Exchange (as defined below) and the other Offer documents to Xxxx Xxxx, our Chief Financial Officer, at: Socket Mobile, Inc.
In addition, although we intend to accept all validly tendered eligible options promptly after the expiration of this Offer, due to certain requirements under U.S. securities laws, if we have not accepted your options by 9:00 p.m., Pacific Daylight Time, on July 24, 2024 (which is the 40th U.S. business day following the commencement of the Offer), you may withdraw your options at any time thereafter up to such time as Socket Mobile does accept your properly tendered options.
Effective as of today, _______________, _________________, the undersigned ("Optionee") hereby elects to exercise Optionee's option to purchase _________ shares of the Common Stock ("Shares") of Socket Mobile, Inc.