Non-Qualified Stock Option Grant under 2005 Equity Incentive Plan

Summary

This agreement grants an individual the right to purchase a specified number of company shares at a set price, under the company's 2005 Equity Incentive Plan. The agreement outlines the grant date, exercise price, total cost, expiration date, and vesting schedule. By signing, the recipient agrees to the terms of both the grant and the plan. The option is non-qualified, meaning it does not receive special tax treatment. The agreement is effective upon signature and subject to the plan's rules.

EX-10.1 2 c00316exv10w1.htm GRANT OF NON-QUALIFIED STOCK OPTION exv10w1

Exhibit 10.1

Grant of Non-Qualified Stock Option

Pursuant to the terms and conditions of the Company’s 2005 Equity Incentive Plan (the “Plan”), you have been granted a Non-Qualified Stock Option to purchase ___shares of stock as outlined below:


Granted To:

Grant Date:

Granted:

Grant Price:		Total Cost to Exercise:

Expiration Date:

Vesting Schedule:

By my signature below, I hereby acknowledge receipt of this Grant on the date shown above, which has been issued to me under the terms and conditions of the Plan. I further acknowledge receipt of the copy of the Plan and agree to conform to all of the terms and conditions of the Grant and the Plan.


Signature:				Date