Formation — Delaware C-Corp

Stock Option Package (Simple NSO, Delaware)

Stock Option Package (Simple NSO, Delaware) — part of the Delaware C-Corp formation suite. Fill in the blanks now; the formation intake will complete the whole packet from one set of answers.

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COVERS: Optionholder:
Vesting Commencement Date:
Number of Shares Subject to Option:
Exercise Price (Per Share):
Total Exercise Price:
and 29 more sections

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In plain English

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[COMPANY]
STOCK OPTION GRANT NOTICE
([YEAR] EQUITY INCENTIVE PLAN)

[COMPANY] (the “Company”), pursuant to its [YEAR] Equity Incentive Plan (the “Plan”), hereby grants to Optionholder an option to purchase the number of shares of the Company’s Common Stock set forth below. This option is subject to all of the terms and conditions as set forth herein and in the Option Agreement, the Plan, and the Notice of Exercise, all of which are attached hereto and incorporated herein in their entirety.

Optionholder:

Date of Grant:

Vesting Commencement Date:

Number of Shares Subject to Option:

Exercise Price (Per Share):

Total Exercise Price:

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