Amended Notice of Stock Option Grant between Unwired Planet, Inc. and Boris Teksler
This amended notice updates the terms of a stock option grant from Unwired Planet, Inc. to Boris Teksler. The main change extends the period during which Mr. Teksler can exercise his stock options to 12 months after his service with the company ends, whether as an employee, board member, or consultant. All other terms of the original stock option grant remain unchanged. Both parties have acknowledged and agreed to the amended terms by signing the document.
Exhibit 10.1
| Amended Notice of Stock Option Grant | Unwired Planet, Inc. |
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| ID: 94 ###-###-#### |
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| 20 First Street, First Floor |
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| Los Altos, CA 94022 |
| Boris Teksler | Option Number: | N/A |
| 60 Doud Drive | Plan: | N/A |
| Los Altos, CA 94022 | Vesting Commencement Date: | June 1, 2015 |
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| Amended Notice Date: | June 15, 2016 |
Having received the affirmative vote of a majority of the Company’s stockholders of record at a special meeting held on June 15, 2016, this Amended Notice now amends and replaces the “Termination Period” section of your original Notice of Stock Option Grant with the following:
Termination Period
This Option, to the extent then exercisable, may be exercised for a period of 12 months after termination of your service in any capacity (either as an employee, member of the Board of Directors or as a consultant). You are responsible for keeping track of these exercise periods. The Company has no duty to, and will not, provide further notice of such periods.
Except as amended herein the original Notice of Stock Option Grant remains unchanged and in full force and effect.
Acknowledgement and Agreement
By signing below, you agree to all terms applicable to your stock option grant provided to you in writing.
Please sign this Amended Notice and return an original copy to Kathlene Smith by regular mail, or you may scan and email the document to her.
| /s/ Boris Teksler | 6/15/2016 |
| /s/ Richard S. Chernicoff | 15 Jun 2016 |
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| Boris Teksler | Date |
| Richard Chernicoff | Date | |
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| Chairman of the Board |
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