BioMarin Pharmaceutical Inc. 2006 Share Incentive Plan Stock Option Agreement (Form)
This agreement is between BioMarin Pharmaceutical Inc. and an employee or other eligible participant. It grants the participant the right to purchase a specified number of company shares at a set price, according to the 2006 Share Incentive Plan. The agreement outlines the grant date, exercise price, number of shares, type of option, expiration date, and vesting schedule. The participant must follow the plan’s terms and conditions, and the option may be subject to accelerated vesting under certain circumstances.
Exhibit 10.11
BIOMARIN PHARMACEUTICAL INC.
2006 Share Incentive Plan (as Amended and Restated 2010)
STOCK OPTIONS AGREEMENT
Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Option Agreement.
I. NOTICE OF STOCK OPTION GRANT
You have been granted an option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Option Agreement, as follows:
Grant Number: | [ ] | |
Grant Date: | [ ] | |
Exercise Price per Share: | $[ ] | |
Total Number of Shares Granted: | [ ] | |
Type of Option: | [Non-qualified/Incentive] | |
Term/Expiration Date: | [10 years from grant date] |
Vesting Schedule:
Subject to accelerated vesting as set forth below, this Option may be exercised, in whole or in part, in accordance with the following schedule:
[insert vesting schedule]