2005 Notice of Stock Option Grant

Contract Categories: Business Finance - Stock Agreements
EX-10.40 6 c02691exv10w40.htm 2005 NOTICE OF STOCK OPTION GRANT exv10w40
 

EXHIBIT 10.40
IRWIN COMMERCIAL FINANCE CORPORATION
2005 NOTICE OF STOCK OPTION GRANT
JOSEPH LaLEGGIA (“Optionee”)
3939 Triumph Street
Burnaby, BC V5C1Y9
CANADA
     Subject to the terms of the attached Irwin Commercial Finance Corporation 2005 Stock Option Agreement and the Shareholder Agreement of Irwin Commercial Finance Corporation (the “ICF Shareholder Agreement”), you have been granted an option to purchase common stock (the “Option”) of Irwin Commercial Finance Corporation (the “Company”) as follows:
     
Date of Grant:
  December 23, 2005
 
    
Company Board Approval Date:
  December 20, 2005
 
    
Exercise Price Per Share:
  $23,158 per share
 
    
Total Number of Shares Granted:
  45.02 shares
 
    
End of Term/Expiration Date:
  5:00 p.m. EST on December 31, 2009
 
    
Exercise:
  This Option is immediately exercisable by the Optionee.