EXHIBIT 10.7.2
e.Digital Corporation
SPECIAL STOCK OPTION GRANT NOTICE
e.Digital Corporation (the “Company”) hereby grants to the Optionee named below, an employee of the
Company, as an inducement material to the Optionee’s continuing employment with the Company, a stock option
to purchase the number of shares of the Company’s common stock set forth below. This option is subject to all
of the terms and conditions as set forth herein and the Stock Option Agreement (attached hereto), which is
incorporated herein in its entirety.
VESTING SCHEDULE:
ADDITIONAL TERMS/ACKNOWLEDGMENTS: The undersigned Optionee acknowledges receipt of, and
represents that the Optionee has read, understands, accepts and agrees to the terms of this Grant Notice and the
Stock Option Agreement. Optionee hereby accepts the Option subject to all of its terms and conditions and
further acknowledges that as of the Date of Grant, this Grant Notice and the Stock Option Agreement set forth
the entire understanding between Optionee and the Company regarding the acquisition of stock in the Company
and supersede all prior oral and written agreements pertaining to this particular option.
NOTE: THE OPTIONEE IS SOLELY RESPONSIBLE FOR ANY ELECTION TO EXERCISE THE
OPTION, AND THE COMPANY SHALL HAVE NO OBLIGATION WHATSOEVER TO PROVIDE
NOTICE TO THE OPTIONEE OF ANY MATTER, INCLUDING, BUT NOT LIMITED TO, THE DATE
THE OPTION TERMINATES.
e.Digital Corporation
Optionee:
William Blakeley
Grant No:
S-02
Date of Grant:
3/30/2006
Shares Subject to Option:
250,000 common shares
Exercise Price Per Share:
$0.145
Expiration Date:
3/30/2010
Intended to be Incentive Stock Option:
Yes (Subject to limit)
Vesting Start Date
Vesting Schedule
(83,334 shares vest on grant)
Subject to continuing Service (as defined in the Stock Option Agreement)
this option becomes exercisable with respect to the Shares Subject to
Option with 83,334 on the date of grant and the balance in equal a