Starbucks Corporation Non-Employee Director Stock Option Grant Agreement (2005)

Contract Categories: Business Finance › Stock Agreements
Summary

This agreement is between Starbucks Corporation and a non-employee director, granting the director options to purchase company stock under the 2005 Non-Employee Director Sub-Plan. The agreement specifies the number of options, exercise price, vesting schedule, and a 10-year term from the grant date. The director cannot defer these options under the company's Directors Deferred Compensation Plan. Both parties must sign the agreement for it to be effective.

Read More Arrow
EX-10.5 6 v05469exv10w5.txt EXHIBIT 10.5 EXHIBIT 10.5 [STARBUCKS COFFEE LOGO] STARBUCKS CORPORATION STOCK OPTION GRANT AGREEMENT FOR PURCHASE OF STOCK UNDER THE 2005 NON-EMPLOYEE DIRECTOR SUB-PLAN TO THE STARBUCKS CORPORATION 2005 LONG-TERM EQUITY INCENTIVE PLAN FOR VALUABLE CONSIDERATION, STARBUCKS CORPORATION (the "Company"), does hereby grant to the individual named below (the "Optionee"), the number of options to purchase a share of the Company's Common Stock (the "Options") set forth below for the exercise price per share (the "Exercise Price") set forth below. Such Options shall vest and terminate according to the vesting schedule and term information described below. All terms of this Stock Option Grant Agreement shall be subject to the terms and conditions of the 2005 Non-Employee Director Sub-Plan to the Starbucks Corporation 2005 Long-Term Equity Incentive Plan: OPTIONEE: NUMBER OF OPTIONS: TYPE OF OPTION GRANT: NON-QUALIFIED STOCK OPTION EXERCISE PRICE: $ DATE OF OPTION GRANT: TERM OF OPTION: 10 YEARS FROM DATE OF GRANT VESTING SCHEDULE:
The Optionee and the Company acknowledge and agree that the Optionee, with respect to the Options granted hereunder, shall not be entitled to make any deferral elections under the Starbucks Corporation Directors Deferred Compensation Plan. EXECUTED as of the Date of Option Grant. STARBUCKS CORPORATION By_______________________________ Its CHAIRMAN OPTIONEE _________________________________ _________________________________