Nuvelo, Inc. Notice of Grant of Stock Option to Optionee under 2004 Equity Incentive Plan
This agreement is between Nuvelo, Inc. and an individual (the Optionee), granting the Optionee the right to purchase company stock at a specified price under the 2004 Equity Incentive Plan. The agreement outlines the number of shares, exercise price, vesting schedule, and expiration date. The Optionee agrees to the terms of the plan and the attached Stock Option Agreement. The grant is subject to the conditions and timelines specified in the documents.
Exhibit 10.3
Nuvelo, Inc.
NOTICE OF GRANT OF STOCK OPTION
(the “Optionee”) has been granted an option (the “Option”) to purchase certain shares of Stock of Nuvelo, Inc. pursuant to the Nuvelo, Inc. 2004 Equity Incentive Plan (the “Plan”), as follows:
| Date of Option Grant: | ||
| Option Number: | ||
| Number of Option Shares: | ||
| Exercise Price: | $ per share | |
| Begin Vest Date: | ||
| Option Expiration Date: | ||
| Tax Status of Option: |
The total option price of the shares granted is $ .
Shares in each period will become fully vested on the date shown.
| Shares | Expiration | Full Vest | Vest Type | Begin Vest Date | ||||
| On Vest Date |
By their signatures below, the Company and the Optionee agree that the Option is governed by this Notice and by the provisions of the Plan and the Stock Option Agreement, both of which are attached to and made a part of this document. The Optionee acknowledges receipt of copies of the Plan and the Stock Option Agreement, represents that the Optionee has read and is familiar with their provisions, and hereby accepts the Option subject to all of their terms and conditions.
| Nuvelo, Inc. | OPTIONEE | |||||||
| By: | ||||||||
| Signature | ||||||||
| Its: | ||||||||
| Date | ||||||||
| Address: 675 Almanor Avenue Sunnyvale, CA 94085 | ||||||||
| Address | ||||||||
ATTACHMENTS:
2004 Equity Incentive Plan as amended to the Date of Option Grant; Stock Option Agreement and Exercise Notice
Date:
Time:
