Notice of Grant of Stock Option Template

This notice of grant of stock option template has 3 pages and is a MS Word file type listed under our legal agreements documents.

Sample of our notice of grant of stock option template:

NOTICE OF GRANT OF STOCK OPTION This Notice of Grant of Stock Option (the "Agreement") is made and effective on [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Corporation"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [SECOND PARTNER NAME] (the "Optionee"), an individual with his/her main address located at: [COMPLETE ADDRESS] Notice is hereby given of the following option grant (the "Option") to purchase shares of the Common Stock of [YOUR COMPANY NAME] (the "Corporation"): Optionee: [INDIVIDUAL NAME] Grant Date: [EFFECTIVE DATE] Vesting Commencement Date: [EFFECTIVE DATE] Exercise Price: [AMOUNT] per share Number of Option Shares: [NUMBER] shares Expiration Date: [EFFECTIVE DATE] Type of Option: Non-Statutory Stock Option Vesting Schedule: [PERCENTAGE %] of the Option Shares are fully vested as of the Vesting Commencement Date.