The terms applicable to the assigned portion shall be the same as those The assigned portion may only be exercised by the Living Trust. (a) This option may be assigned in whole or in part during Optionee’s lifetime to a Living Trust. The term of this option shall commence on the Grant Date and continue toīe in effect until the close of business on the last business day prior to the Expiration Date specified in attached Schedule I, unless sooner terminated in accordance with Paragraph 5 or 6 below. The remaining terms and conditions governing this option shallĢ. The option is a non-statutory option under the US federal income tax laws. Of this option (the “Expiration Date”) are also indicated on attached Schedule I to this Agreement. Share (the “Exercise Price”), the applicable vesting schedule by which this option shall vest and become exercisable incrementally for the Option Shares (the “Vesting Schedule”) and the date to be used to measure the maximum term The date on which this option is granted (the “Grant Date”), the number of shares of Common Stock purchasable under this option (the “Option Shares”), the exercise price payable per Purchase shares of Common Stock under the Plan. The Corporation hereby grants to the person identified on attached Schedule I (the “Optionee”) an option to NOW, THEREFORE, the Corporation hereby grants an option to Optionee upon the following terms and conditions:ġ. All capitalized terms in this Agreement shall have the meaning assigned to them in the attached Appendix. Services to the Corporation (or a Related Entity), and this Agreement is executed pursuant to, and is intended to carry out the purposes of, the Plan in connection with the Corporation’s grant of an option to Optionee.ī.
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