Standard Microsystems Corporation Non-Qualified Stock Option Grant and Agreement (2009 LTIP)

Contract Categories: Business Finance › Warrant Agreements
Summary

This agreement is between Standard Microsystems Corporation and an individual grantee. It grants the grantee a non-qualified stock option to purchase a specified number of company shares at a set price, under the 2009 Long-Term Incentive Plan. The shares vest in installments on certain dates, and the agreement is governed by the terms of the company's stock option plan and the attached option agreement. Both parties must sign to accept the terms.

Read More Arrow
EX-10.3 2 exhibit1.htm EX-10.3 EX-10.3

Exhibit 10.3

 
 
 
     
    Standard Microsystems Corporation
Notice of Grant of Stock Options
and Option Agreement 		 
ID: 11 ###-###-####
80 Arkay Drive
Hauppauge, New York 11788
 
 
 
         
Grantee Name
Grantee Address
Grantee City, State, Zip
  Option Number:
Plan:
ID: 		  ######
2009 LTIP
######
 
 
 

Effective mm/dd/yyyy, you have been granted a(n) Non-Qualified Stock Option to buy #,### shares of Standard Microsystems Corporation (the Company) stock at $##.### per share.

The total purchase price of the shares granted is $#,###.##.

Shares in each period will become fully vested on the date shown.

             
Shares   Vest Type   Full Vest   Expiration
#,###  
On Vest Date
  mm/dd/yyyy   mm/dd/yyyy
#,###  
On Vest Date
  mm/dd/yyyy   mm/dd/yyyy
#,###  
On Vest Date
  mm/dd/yyyy   mm/dd/yyyy
#,###  
On Vest Date
  mm/dd/yyyy   mm/dd/yyyy
 
 
 

By your signature and the Company’s signature below, you and the Company agree that these options are granted under and governed by the terms and conditions of the Company’s Stock Option Plan as amended and the Option Agreement, all of which are attached and made a part of this document.

 
 
 
     
                                 
Standard Microsystems Corporation
  Date
            
                
 
   
Name of Individual
  Date