ABII » Topics » NOTICE OF STOCK OPTION AWARD

This excerpt taken from the ABII 10-Q filed Dec 20, 2007.

NOTICE OF STOCK OPTION AWARD

 

Grantee’s Name and Address:

       
       
       

You (the “Grantee”) have been granted an option to purchase shares of Common Stock, subject to the terms and conditions of this Notice of Stock Option Award (the “Notice”), the Abraxis BioScience, Inc. 2007 Stock Incentive Plan, as amended from time to time (the “Plan”) and the Stock Option Award Agreement (the “Option Agreement”) attached hereto, as follows. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Notice.

 

Award Number

      

Date of Award

      

Vesting Commencement Date

      

Exercise Price per Share

     $_____________________________________________________________

Total Number of Shares Subject

to the Option (the “Shares”)

      

Total Exercise Price

     $______________________________________________________________

Type of Option:

     _______    Incentive Stock Option
     _______    Non-Qualified Stock Option

Expiration Date:

      

Post-Termination Exercise Period:

     Three (3) Months

Vesting Schedule:

Subject to the Grantee’s Continuous Service and other limitations set forth in this Notice, the Plan and the Option Agreement, the Option may be exercised, in whole or in part, in accordance with the following schedule:

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