Incentive Stock Option Agreement - Evelexa BioResources股票期权激励契约evelexa生物资源.doc

Document made available on Evelexa BioResources ( ),courtesy of Peter B. Finn, ESQ, Senior Partner, Rubin and Rudman LLP ( ),for educational purposes only. H- PAGE 8 APPENDIX H [NAME OF COMPANY]PRIVATE INCENTIVE STOCK OPTION AGREEMENT 1. Grant of Option. (NAME OF COMPANY), a corporation (the Company), hereby grants to (the Optionee), an option, pursuant to the Companys 200_ Stock Option Plan (the Plan), to purchase an aggregate of ( ) shares of Common Stock (Common Stock) of the Company at a price of $ per share, purchasable as set forth in and subject to the terms and conditions of this option and the Plan. Except where the context otherwise requires, the term Company shall include the parent and all present and future subsidiaries of the Company as defined in Sections 424(e) and 424(f) of the Internal Revenue Code of 1986, as amended or replaced from time to time (the Code). 2. Incentive Stock Option. This option is intended to qualify as an incentive stock option (Incentive Stock Option) within the meaning of Section 422 of the Code. 3. Exercise of Option and Provisions for Termination. (a) Vesting Schedule. Except as otherwise provided in this Agreement, this option may be exercised prior to the tenth anniversary of the date of grant (hereinafter the Expiration Date) as follows: (i) Immediately upon the date of grant, the Optionee may purchase up to _________________ (______) of the total shares subject to this option; (ii) At the end of one year from the date of grant, the Optionee may purchase up to an additional _______________ (______) of the total shares subject to this option. (iii)At the end of two years from the date of grant, the Optionee may purchase up to an additional ____________ (______) of the total shares subject to this option. The right of exercise shall be cumulative so that if the option is not exercised to the maximum extent permissible