![]() Grant that forms part of this agreement (the Notice of Grant), to the Participant of an option to purchase, in whole or in part, on the terms provided herein and in the Companys 2021 Stock Incentive Plan (the This agreement evidences the grant by the Company, on the grant date (the Grant Date) set forth in the Notice of The correct approach to calculate the final exercise date is to use the day immediately prior to the date ten years out from the date of the stock option award grant (5 years in the case of a 10% Of grant for the option to qualify as an ISO. The Final Exercise Date must be no more than 10 years (5 years in the case of a 10% Shareholder) from the date Incentive stock option (an ISO) under Section 422 of the Internal Revenue Code. ![]() ![]() The date of grant (110% in the case of a Participant that owns more than 10% of the total combined voting power of all classes of stock of the Company or its parent or subsidiary (a ∱0% Shareholder)) for the option to qualify as an This must be at least 100% of the Grant Date Fair Market Value (as defined in the Plan) of the Common Stock on Issuance of stock, stock options or other equity securities. This option satisfies in full all commitments that the Company has to the Participant with respect to the Shares that are subject to vesting schedule:Īll vesting is dependent on the Participant remaining an Eligible Participant, as provided herein. Number, if any, of Shares that vest immediately on the grant date: Number of shares of the Companys Common Stock subject to this option ( Shares): Incentive Stock Option or Nonstatutory Stock Option: The terms and conditions attached hereto are also a part hereof. (the Company) hereby grants the following stock option pursuant to its 2021 Stock Incentive
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