[STOCK PLAN NAME]
NOTICE OF STOCK OPTION GRANT
You have been granted an option to purchase Common Stock of [COMPANY NAME], a
Delaware corporation (the "Company"), as follows:
Date of Grant: __________
Exercise Price Per Share: $__________
Total Number of Shares: __________
Total Exercise Price: $__________
Type of Option:
__________ Shares Incentive Stock Option
__________ Shares Nonstatutory Stock Option
Expiration Date: __________
First Vesting Date: __________
Vesting/Exercise Schedule: So long as your Continuous Service Status does not terminate, the
Shares underlying this Option shall vest and become exercisable in accordance with the
following schedule: __________ of the Total Number of Shares shall vest and become
exercisable on __________ and __________ of the Total Number of Shares shall vest and
become exercisable on the __________ day of each month thereafter.
Termination Period: You may exercise this Option for 3 month(s) after termination of your
Continuous Service Status except as set out in Section 5 of the Stock Option Agreement (but in
no event later than the Expiration Date). You are responsible for keeping track of these exercise
periods following the termination of your Continuous Service Status for any reason. The
Company will not provide further notice of such periods.
Transferability: You may not transfer this Option.
By your signature and the signature of the Company's representative below, you and the
Company agree that this Option is granted under and governed by the terms and conditions of the
[COMPANY NAME] [STOCK PLAN NAME] and the Stock Option Agreement, both of which
are attached to and made a part of this document.
In addition, you agree and acknowledge that your rights to any Shares underlying this Option
will be earned only as you provide services to the Company over time, that the grant of this
Option is not as consideration for services you rendered to the Company prior to your date of