IXYS Corporation 2009 Equity Incentive Plan Stock Option Grant Agreement

Contract Categories: Business Finance › Warrant Agreements
Summary

This agreement is between IXYS Corporation and an employee who is being granted a stock option under the company's 2009 Equity Incentive Plan. The agreement specifies the number of shares, exercise price, and vesting schedule for the option. By accepting, the employee agrees to the plan's terms and acknowledges understanding of the agreement. The option becomes exercisable over a set period, and the employee must notify the company of any address changes. Both parties must sign the agreement for it to be effective.

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EX-10.4 5 f53251exv10w4.htm EX-10.4 exv10w4
Exhibit 10.4
IXYS CORPORATION
2009 EQUITY INCENTIVE PLAN
NOTICE OF STOCK OPTION GRANT AND AGREEMENT
         
Name:
  Option Number:    
Address:
  Plan Name:   2009 Equity Incentive Plan
Employee ID:
        
Effective                     , 20___, (“Grant Date”), you have been granted [a qualified/non-qualified] stock option to purchase                      (                    ) shares of IXYS Corporation common stock at an Exercise Price of $                      per share pursuant to the IXYS Corporation 2009 Equity Incentive Plan (the “Plan”). Except as otherwise defined herein, terms with initial capital letters shall have the same meanings set forth in the Plan. A copy of the Plan is attached to this Notice and Agreement. The terms and conditions of the Plan are incorporated herein by this reference. Subject to the terms and conditions of the Plan, this Option shall become “vested” and exercisable over a period of [___(___)] years beginning on the Grant Date as follows:
          [Insert vesting schedule]
By accepting this grant and exercising any portion of the Option, you represent that you: (i) agree to the terms and conditions of this Notice and Agreement and the Plan; (ii) have reviewed the Plan and the Notice and Agreement in their entirety, and have had an opportunity to obtain the advice of legal counsel and/or your tax advisor with respect thereto; (iii) fully understand and accept all provisions hereof; (iv) agree to accept as binding, conclusive, and final all of the Administrator’s decisions regarding, and all interpretations of, the Plan and the Notice and Agreement; and (v) agree to notify the Company upon any change in your home address indicated above.
Please return a signed copy of this Notice of Stock Option Grant and Agreement to [insert contact name and address of the Company], and retain a copy for your records.
               
IXYS Corporation          
 
              
By:
      Dated:      
 
             
[Insert Title]          
 
              
PARTICIPANT          
 
              
 
      Dated:      
           
[Insert Title]