This excerpt taken from the VRSN 10-Q filed Aug 9, 2007.
DIRECTORS NONQUALIFIED STOCK OPTION GRANT
This Stock Option Agreement (this Agreement) is made and entered into as of the Date of Grant set forth below (the Date of Grant) by and between VeriSign, Inc., a Delaware corporation (the Company), and the Optionee named below (Optionee). Capitalized terms not defined herein shall have the meaning ascribed to them in the Companys 2006 Equity Incentive Plan (the Plan).
1. Grant of Option. The Company hereby grants to Optionee a nonqualified stock option (this Option) to purchase up to the total number of shares of Common Stock of the Company set forth above as Total Option Shares (collectively, the Shares) at the Exercise Price Per Share set forth above (the Exercise Price), subject to all of the terms and conditions of this Agreement and the Plan.