Tuesday Morning Corporation Non-Qualified Stock Option Grant and Option Agreement
Tuesday Morning Corporation has granted a non-qualified stock option to an employee, allowing them to purchase a specified number of company shares at a set price per share. The agreement outlines the vesting schedule, expiration date, and total option price. Both the employee and the company must sign the agreement, which is governed by the terms of the company's Stock Option Plan and the attached Option Agreement. This grant is effective as of the specified date and is subject to the conditions detailed in the plan and agreement.
Exhibit 10.2
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| Tuesday Morning Corporation |
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| Notice of Grant of Stock Options |
| ID: 75 ###-###-#### |
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| and Option Agreement |
| 6250 LBJ Freeway |
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| Dallas, Texas 75240 |
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| Employee |
| Option Number: |
| 000000XX |
| 1234 Elm Street |
| Plan: |
| XXXX |
| Any Town, ST 12345 |
| ID: |
| xxx |
Effective x/xx/xxxx, you have been granted a(n) Non-Qualified Stock Option to buy xx,xxx.xxxx shares of Tuesday Morning Corporation (the Company) stock at $xx.xxxxx per share.
The total option price of the shares granted is $xxx,xxx.xx.
Shares in each period will become fully vested on the date shown.
| Shares |
| Vest Type |
| Full Vest |
| Expiration |
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| xx,xxx.xxxx |
| xxxxxxxx |
| x/xx/xxxx |
| x/xx/xxxx |
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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.
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| Employee | Date |
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