Deltek Systems, Inc. 2005 Stock Option Grant Notice to Richard P. Lowrey
Deltek Systems, Inc. has granted Richard P. Lowrey a nonqualified option to purchase 25,000 shares of its common stock at $36.10 per share. The option was granted on November 3, 2005, with vesting starting from May 2, 2005, according to the schedule in the Stock Option Agreement. The option expires ten years from the grant date. Both parties have agreed that the grant is subject to the terms of the 2005 Stock Option Plan and the attached agreement.
Exhibit 10.36
Please sign and return this Form by the due date of November 23, 2005.
DELTEK SYSTEMS, INC.
2005 STOCK OPTION PLAN
NOTICE OF FIRST STOCK OPTION GRANT
You have been granted the following option to purchase Common Stock of Deltek Systems, Inc. (the Company):
name of optionee: | Richard P. Lowrey | |||||
total number of shares granted: | 25,000 shares of Common Stock | |||||
type of option: | Nonqualified Stock Option | |||||
option price: | $36.10 per whole share of Common Stock | |||||
date of grant: | November 3, 2005 | |||||
vesting commencement date: | May 2, 2005 | |||||
vesting schedule: | As set forth in Section 4.1 of the attached Stock Option Agreement | |||||
expiration date of the option: | 10 years from date of grant |
By your signature and the signature of the Companys representative below, you and the Company agree
that this option is granted under and governed by the terms and conditions of the 2005 Stock Option Plan
and the Stock Option Agreement, both of which are attached hereto and made part of this document.
OPTIONEE | DELTEK SYSTEMS, INC. | |||||||
/s/ Richard Lowrey 1/16/06 | /s/ Kevin Parker 11/3/2005 | |||||||
Optionee Signature Date | Name: | Kevin Parker Date | ||||||
Title: | Chief Executive Officer |