Grant of Stock Options Letter

Name Address Date Dear Stephen, The stock options in the amount of ______________, priced at ______________ an option that are being transferred from “COMPANY A” to “COMPANY B” on this date of _____________, represent the full amount of consideration for all work and services provided by “COMPANY B” to “COMPANY A” up to _________________. We acknowledge this is payment in full, and that “COMPANY B” will make no additional claims for consideration for activities that took place preceding _________________. Sincerely,