Cell Therapeutics, Inc. Notice of Grant of Non-Qualified Stock Options and Option Agreement
This agreement is between Cell Therapeutics, Inc. and an individual recipient, granting the recipient a non-qualified stock option to purchase company shares at a specified price. The agreement outlines the number of shares, vesting schedule, and expiration date, and is governed by the terms of the Cell Therapeutics, Inc. 2003 Equity Incentive Plan. Both parties must sign the agreement for it to be valid. The recipient must return a signed copy to the company to accept the grant.
Exhibit 10.19
| Notice of Grant of Stock Options and Option Agreement | Cell Therapeutics, Inc. ID: 91-1533912 501 Elliott Ave W. Suite 400 Seattle, WA 98119
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Option Number: Plan:
ID:
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Effective , you have been granted a(n) Non-Qualified Stock Option to buy shares of Cell Therapeutics, Inc. (the Company) stock at $ per share.
The total option price of the shares granted is $ .
Shares in each period will become fully vested on the date shown.
| Shares | Vest Type | Full Vest | Expiration |
By your signature and that of James Bianco, President and Chief Executive Officer
below, you and Cell Therapeutics, Inc. (‘cti’) agree the option(s) herein above are granted under and
governed by the terms and conditions of the Cell Therapeutics, Inc. 2003 Equity Incentive Plan,
(as amended), (the ‘Plan’) and this Option Agreement. The Plan is available on cti’s intranet, and is
incorporated herein by this reference, and made a part of this Option Agreement.
Please sign one copy of this Option Agreement (the other copy is for your files) and return to
the Stock Option Administrator in Finance and Accounting.
| Cell Therapeutics, Inc. | Date | |
| Date |
