Take-Two Interactive Software, Inc. Stock Option Grant Letter to Employee

Summary

Take-Two Interactive Software, Inc. is granting the recipient a specified number of stock options to purchase shares of its common stock. The letter outlines the number of options, exercise price, vesting schedule, and expiration date. The grant is subject to the terms of the company's Stock Option Agreement and 2002 Stock Option Plan. The recipient must comply with these terms to exercise the options. This letter serves as formal notification of the award and its key terms.

EX-10.15 5 b411065ex10_15.htm EXHIBIT 10.15 Prepared and filed by St Ives Financial

Exhibit 10.15

STOCK OPTION GRANT LETTER

TO:

NAME

Congratulations. I am pleased to confirm that you have been awarded [OPTION AMOUNT] Stock Options to purchase shares of Common Stock of Take-Two Interactive Software, Inc.

The schedule for the grant is as follows:

Date of Grant:		[GRANT DATE]

Option Shares:		[OPTION AMOUNT]

Exercise Price Per Share:		[STRIKE PRICE]

Vest Schedule:		[OPTION AMOUNT] shares vesting on [GRANT DATE] [OPTION AMOUNT] shares vesting on [GRANT DATE] [OPTION AMOUNT] shares vesting on [GRANT DATE]

Expiration Date:		[EXPIRATION DATE]

The company appreciates your contributions to the success of our company.

Sincerely,

______________________________
Paul Eibeler
President and Chief Executive Officer

This Stock Option Grant is subject to the terms and conditions of the Stock Option Agreement and the Company’s 2002 Stock Option Plan, copies of which will be available through the Corporate Human Resources Department.