Fairchild Semiconductor Non-Qualified Stock Option Agreement with Thomas Beaver dated May 4, 2004
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Summary
This agreement between Fairchild Semiconductor International, Inc. and employee Thomas Beaver grants him the option to purchase up to 50,100 shares of the company’s Class A Common Stock at $19.65 per share. The options vest over four years and must be exercised within eight years from the grant date, subject to continued employment and certain exceptions for retirement, disability, or death. The options are non-transferable except by inheritance. The agreement outlines the terms for exercising the options if employment ends for various reasons.
EX-10.29 4 b58483fsexv10w29.txt EX-10.29 NON-QUALIFIED STOCK OPTION AGREEMENT DATED MAY 4, 2004 (FAIRCHILD SEMICONDUCTOR (R) LOGO) EXHIBIT 10.29 FAIRCHILD SEMICONDUCTOR STOCK PLAN NON-QUALIFIED STOCK OPTION AGREEMENT This is a Non-Qualified Stock Option Agreement under the Fairchild Semiconductor Stock Plan, dated MAY 4, 2004 (the Grant Date) between Fairchild Semiconductor International, Inc. (the Company) and THOMAS BEAVER, a regular salaried employee of the Company or one of its subsidiaries (you or the Optionee).