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Notice of Award of Stock Options

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This document provides notice to an individual or entity (the “Optionee”) that a corporation grants them the option to purchase stock at a specific price. The notice states the number of shares that can be purchased, the price they can be purchased at, and the date they can be exercised. This document should be used by small businesses or other entities that want to grant an option to purchase stock at a specific price to an Optionee.

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									This document provides notice to an individual or entity (the “Optionee”) that a
corporation grants them the option to purchase stock at a specific price. The notice
states the number of shares that can be purchased, the price they can be purchased at,
and the date they can be exercised. This document should be used by small
businesses or other entities that want to grant an option to purchase stock at a specific
price to an Optionee.
                     ___________ [Instruction: Insert Company Name]
                   ___________ [Instruction: Insert Company Address 1]
                   ___________ [Instruction: Insert Company Address 2]

                                                        ___________ [Instruction: Insert Date]

___________ [Instruction: Insert Optionee Name]
___________ [Instruction: Insert Address 1]
___________ [Instruction: Insert Address 2]

         Re:   Notice of Award of Stock Options

Dear ___________ [Instruction: Insert Optionee Name]:

       Effective ___________ [Instruction: Insert Date], you have been awarded a Non-
Qualified Stock Option to buy ___________ (_____) [Instruction: Insert Amount] shares of
common stock of ___________ [Instruction: Insert Company Name] (the “Company”) at
___________ Dollars ($_____) [Instruction: Insert Amount] per share. The total option price
of the shares granted is ___________ Dollars ($_____) [Instruction: Insert Amount]. The
shares will become exercisable (“vest”) and expire on the dates indicated below:

Shares                           Vest Date                        Expiration Date




       Please sign this notice in the space provided below to confirm that this Option is awarded
under and governed by the terms and conditions of the Company’s Stock Incentive Plan and the
Stock Option Agreement, both of which are attached and made a part of this document.

                                             Very Truly Yours,

                                             ___________ [Instruction: Insert Company
                                             Name]


                                             ________________________________
                                             [Instruction: sign]
                                             ___________ [Instruction: Insert Name of
                                             Signatory], ___________ [Instruction: Insert
                                             Title]
Acknowledged and agreed as of the foregoing date.




________________________________ [Instruction: sign]
___________ [Instruction: Insert Optionee Name]

								
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