NonQualifiedStockOptionandStockRepurchaseAgreement优先认股权条约及股权赎回条约docWord格式.docx

NonQualifiedStockOptionandStockRepurchaseAgreement优先认股权条约及股权赎回条约docWord格式.docx

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1.GRANTUNDER_________（YEAR）STOCKPLAN.ThisoptionisgrantedpursuanttoandisgovernedbytheCompany’s_________（YEAR）StockPlan,asamendedon（thePlan）and,unlessthecontextotherwiserequires,termsusedhereinshallhavethesamemeaningasinthePlan.DeterminationsmadeinconnectionwiththisoptionpursuanttothePlanshallbegovernedbythePlanasitexistsonthisdate.

2.GRANTASNON-QUALIFIEDOPTION;

OTHEROPTIONS.ThisoptionshallbetreatedforfederalincometaxpurposesasaNon-QualifiedOptionandisnotintendedtoqualifyasanincentivestockoptionunderSection422oftheInternalRevenueCodeof1986,asamended,andtheregulationsthereunder（theCode）.ThisoptionisinadditiontoanyotheroptionsheretoforeorhereaftergrantedtotheOptioneebytheCompanyoranyRelatedCorporation（asdefinedinthePlan）,butaduplicateoriginalofthisinstrumentshallnoteffectthegrantofanotheroption.

3.VESTINGOFOPTIONIFBUSINESSRELATIONSHIPCONTINUES.

（a）FULLEXERCISABILITY.SubjecttoSections4and5hereof,thisoptionmaybeexercisedatanytimeandfromtimetotimeforalloranyportionoftheOptionShares,exceptthatthisoptionmaynotbeexercisedforafractionofashare.

（b）VESTING.IftheOptioneehascontinuedtoservetheCompanyoranyRelatedCorporationinthecapacityofanemployee,officer,directororconsultant（suchserviceisdescribedhereinasmaintainingorbeinginvolvedinaBusinessRelationshipwiththeCompany）throughthevestingdatesspecifiedbelow,UnvestedSharesshallbecomeVestedShares（orshallvest）onsuchdatesinanamountequaltothenumberofOptionSharessetforthoppositetheapplicabledate:

Lessthanoneyearfrom-0OptionShares

theVestingStartDate

Oneyearfrom-25%of

theVestingStartDate（thetheOptionShares

AnniversaryDate）

EverymonthaftertheAnniversaryDate-anadditional

（e.g.,iftheAnniversaryDateis2.0833%of

August10,theOptionShares

thenonthe10thdayofeach

monththereafter;

iftheAnniversary

Dateisonadayofthemonthforwhich

thereisnocorrespondingdayina

givenmonth,thenonthelastdayof

suchmonth）uptoandincludingthe

35thmonthaftertheAnniversaryDate）

The36thmonthaftertheAnniversaryThebalanceoftheOptionShares

Date

OptionSharesshallbecalledUnvestedSharesand,whenissued,shallbesubjecttotheCompany’sRepurchaseOptiondescribedinSection6unlessanduntiltheybecomeVestedSharesinaccordancewiththevestingschedulesetforthabove（atwhichtimesuchRepurchaseOptionshallterminateastosuchVestedShares）.AnyvestingofOptionSharesunderthisoptionshallfirstbedeemedtoapplytosharesissueduponexerciseofthisoption（intheorderofsuchexercise）andthentounissuedsharessubjecttothisoption;

andanyexerciseofthisoptionshallbedeemedtoapplyfirsttoanythenunissuedVestedShares.ThetermOptionSharesusedwithoutreferencetoeitherUnvestedSharesorVestedSharesshallmeanbothUnvestedSharesandVestedShares,withoutdistinction.

Inaddition,intheeventtheCompany’sRepurchaseOptionistriggeredpursuanttoSection6below,andtheCompanyelectsnottoexerciseitsoptionfortherepurchaseofanyoralloftheUnvestedShares,thenupontheexpirationoftheRepurchaseOptionPeriod,anyandallOptionSharesnotrepurchasedbytheCompanyshallbecomeVestedShares.

（c）VESTINGONSALE.Notwithstandingtheforegoing,upontheconsummationofaSaleoftheCompany（asdefinedbelow）,50%oftheOptionShareswhichremainUnvestedSharesatthetimeoftheconsummationofsuchSaleoftheCompanyshallimmediatelybecomeVestedShares,andtheremainingUnvestedShares（theRemainingUnvestedShares）shallcontinuetovestattheratesetforthinSubsection3（b）hereof（providingthatforpurposesofthisSubsection,OptionShares,asusedinSubsection3（b）,shallmeanthenumberofOptionSharessetforthontheCoverSheettothisAgreement）,beginningwiththefirstsuchdatefollowingtheconsummationofsuchSaleoftheCompanyonwhichOptionShareswouldhavecontinuedtovesthadtherenotbeenaSaleoftheCompany,andprovidedfurtherthatalloftheRemainingUnvestedSharesshallbecomeVestedShares（i）atthetimeoftheconsummationoftheSaleoftheCompanyif,atorpriortotheSaleoftheCompany,theOptioneeisnotofferedemploymentbythesuccessortotheCompany

（1）atthesameorhighertotalcompensationlevelthanineffectfortheOptioneeasanemployeeoftheCompanypriortotheSaleoftheCompany,

（2）consistingofresponsibilitiesnotmateriallyreducedfromthelevelofresponsibilitiesundertakenbytheOptioneeasanemployeeoftheCompanypriortotheSaleoftheCompany,and（3）withina40-mileradiusoftheCompany’sprincipalofficespriortotheSaleoftheCompany（exceptforbusinesstravelconsistentwithOptionee’sresponsibilitiesasanemployeeoftheCompany）,or（ii）iftheOptioneeisofferedandacceptsemploymentmeetingthecriteriasetforthinclause（i）ofthissentencebut,withinthe12monthsfollowingtheSaleoftheCompany,

（1）theOptionee’stotalcompensationlevelisreducedbelowthetotalcompensationineffectfortheOptioneeasanemployeeoftheCompanypriortotheSaleoftheCompany,

（2）theOptionee’sresponsibilitiesaremateriallyreducedbelowthelevelofresponsibilitiestheOptioneehadasanemployeeoftheCompanypriortotheSaleoftheCompany,（3）theOptioneeistransferredbythesuccessortotheCompany（theNewEmployer）toalocationbeyonda40-mileradiusoftheCompany’sprincipalofficespriortotheSaleoftheCompany（exceptforbusinesstravelconsistentwithOptionee’sresponsibilitiesasanemployeeoftheNewEmployer）,or（4）theOptionee’semploymentwiththeNewEmployeristerminatedbytheNewEmployerwithoutCause,atthetimeofthehappeningofanyeventenumeratedinthisclause（ii）.

Forpurposesoftheforegoing,SaleoftheCompanyshallmean（i）thesalebytheCompanyofall,orsubstantiallyall,ofitsassets;

（ii）thesalebyCompanyshareholdersofgreaterthan50%ofthestockoftheCompanyinasingletransactionoragroupofrelatedtransactions;

or,（iii）themergerorconsolidationoftheCompanywith,orinto,anothercompanywheretheoutstandingsharesoftheCompanyimmediatelypriortosuchmergerorconsolidationrepresentorareconvertedintoorexchangedforsecuritieswhichrepresentlessthan50%ofthevotingpowerofthesurvivingorresultingentity.

Forpurposesoftheforegoing,CauseshallmeanamaterialviolationbytheOptioneethatisnotcuredwithinareasonabletimeafterwrittennoticethereofofanynoncompetitionagreementbetweentheOptioneeandtheNewEmployeroranyofitssubsidiariesorafindinginacriminalproceedingthattheOptioneehascommittedfeloniouscriminalmisconductinconnectionwiththeOptionee’semploymentbytheNewEmployer,whichmisconducthasbeenmateriallyinjurioustotheinterestsoftheNewEmployer.Further,andwithoutlimitingthegeneralityoftheforegoing,thefollowingcircumstancesshallbedeemednottoinvolvethevoluntaryresignationbyaOptioneeoraterminationbytheNewEmployerforCause:

（i）thedeathoftheOptionee,（ii）thedisabilityorincapacityoftheOptioneewhichpreventstheOptioneefromcontinuinghisemploymentwiththeNewEmployer,inOptionee’sthen-currentcapacity,or（iii）theresignationoftheOptioneewithin_________daysofavoteoftheboardofdirectorsoftheNewEmployertoremoveaOptioneefromhisthen-currentoffice（otherthanforCause）.

（d）OTHERACCELERATION.Notwithstandingtheforegoing,inaccordancewithandsubjecttotheprovisionsofthePlan,theCommitteemay,initsdiscretion,acceleratethedatethatanyUnvestedSharesbecomeVestedSharesunderthisOption.

Theforegoingrightsarecumulativeand（subjecttoSections4or5hereofiftheOptioneeceasestomaintainaBusinessRelationshipwiththeCompanyandallRelatedCorporations）maybeexerciseduptoandincludingthedatewhichistenyearsfromthedatethisoptionisgranted.

（e）PARTIALEXERCISE.Thisoptionmaybeexercisedinpartatanytimeandfromtimetotimewithintheabovelimits,exceptthatthisoptionmaynotbeexercisedforafractionofashareunlesssuchexerciseiswithrespecttothefinalinstallmentofstocksubjecttothisoptionandcashinlieuofafractionalsharemustbepaid,inaccordancewithParagraph13（G）ofthePlan,topermittheOptioneetoexercisecompletelysuchfinalinstallment.AnyfractionalsharewithrespecttowhichaninstallmentofthisoptioncannotbeexercisedbecauseofthelimitationcontainedintheprecedingsentenceshallremainsubjecttothisoptionandshallbeavailableforlaterpurchasebytheOptioneeinaccordancewiththetermshereof.

4.TERMINATIONOFBUSINESSRELATIONSHIP.IftheOptionee’sBusinessRelationshipwiththeCompanyandallRelatedCorporationsisterminated,otherthanbyreasonofdeath,disabilityordissolutionasdefinedinSection5,vestingofUnvestedSharesshallimmediatelycease,thisoptionmaybeexercisedonlyastoanyOptionSharesthatareVestedSharesonthedateofterminationoftheOptionee’sBusinessRelationshipandthisoptionshallterminate（andmaynolongerbeexercised）afterthepassageof90daysafterthedateofterminationoftheOptionee’sBusinessRelationship（butinnoeventlaterthanthescheduledexpirationdate