Additional Limitations on Transferability of Awards. Notwithstanding the provisions of Section 10(a) of the Plan, an Award granted to a California Participant may not be transferred to an executor or guardian upon the disability of the Participant. * * * * 13
EVELO KALEIDO BIOSCIENCES, INC.
NONSTATUTORY INCENTIVE STOCK OPTION AGREEMENT GRANTED UNDER 2015 STOCK INCENTIVE PLAN 1. Grant of Option. This
Nonstatutory Incentive Stock Option Agreement (the "Agreement") evidences the grant by
Evelo Kaleido Biosciences,
Inc., Inc. (f/k/a VL32, Inc.), a Del
...aware corporation (the "Company"), on [ , 20 ] (the "Grant Date") to [ ], an employee, consultant or director employee of the Company (the "Participant"), of an option to purchase, in whole or in part, on the terms provided herein and in the Company's 2015 Stock Incentive Plan (the "Plan"), a total of [ ] shares (the "Shares") of common stock, $0.001 par value per share, of the Company ("Common Stock") at $[ ] per Share. Unless earlier terminated, this option shall expire at 5:00 p.m., Eastern time, on [ , 20 ] [date is ten years minus one day from grant date] (the "Final Exercise Date"). It is intended that the option evidenced by this Agreement shall not be an incentive stock option as defined in Section 422 of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the "Code"). Except as otherwise indicated by the context, the term "Participant", as used in this option, shall be deemed to include any person who acquires the right to exercise this option validly under its terms.
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Additional Limitations on Transferability of Awards. Notwithstanding the provisions of Section 10(a) of the Plan, an Award granted to a California Participant may not be transferred to an executor or guardian upon the disability of the Participant.
* * * * 13
EVELO BIOSCIENCES, KYN THERAPEUTICS INC.
NONSTATUTORY INCENTIVE STOCK OPTION AGREEMENT GRANTED UNDER
2015 2016 STOCK INCENTIVE PLAN 1. Grant of Option. This
Nonstatutory Incentive Stock Option Agreement (the "Agreement") evidences the grant by
Evelo Biosciences, Kyn Therapeutics Inc., a Delaw
...are corporation (the "Company"), on [ , 20 ] (the "Grant Date") to [ ], an employee, consultant or director employee of the Company (the "Participant"), of an option to purchase, in whole or in part, on the terms provided herein and in the Company's 2015 2016 Stock Incentive Plan (the "Plan"), a total of [ ] shares (the "Shares") of common stock, $0.001 par value per share, of the Company ("Common Stock") at $[ ] per Share. Unless earlier terminated, this option shall expire at 5:00 p.m., Eastern time, on [ , 20 ] [date is ten years minus one day from grant date] (the "Final Exercise Date"). It is intended that the option evidenced by this Agreement shall not be an incentive stock option as defined in Section 422 of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the "Code"). Except as otherwise indicated by the context, the term "Participant", as used in this option, shall be deemed to include any person who acquires the right to exercise this option validly under its terms.
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Additional Limitations on Transferability of Awards. Notwithstanding the provisions of Section 10(a) of the Plan, an Award granted to a California Participant may not be transferred to an executor or guardian upon the disability of the Participant.
* * * * 13
EVELO BIOSCIENCES, RUBIUS THERAPEUTICS, INC.
NONSTATUTORY INCENTIVE STOCK OPTION AGREEMENT GRANTED UNDER
2015 2014 STOCK INCENTIVE PLAN 1. Grant of Option. This
Nonstatutory Incentive Stock Option Agreement (the "Agreement") evidences the grant by
Evelo Biosciences, Rubius Therapeutics, Inc.,
... a Delaware corporation (the "Company"), on [ , 20 ] (the "Grant Date") to [ ], an employee, consultant or director employee of the Company (the "Participant"), of an option to purchase, in whole or in part, on the terms provided herein and in the Company's 2015 2014 Stock Incentive Plan (the "Plan"), a total of [ ] shares (the "Shares") of common stock, $0.001 par value per share, of the Company ("Common Stock") at $[ ] per Share. Unless earlier terminated, this option shall expire at 5:00 p.m., Eastern time, on [ , 20 ] [date is ten years minus one day from grant date] (the "Final Exercise Date"). It is intended that the option evidenced by this Agreement shall not be an incentive stock option as defined in Section 422 of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the "Code"). Except as otherwise indicated by the context, the term "Participant", as used in this option, shall be deemed to include any person who acquires the right to exercise this option validly under its terms.
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