Common use of Form of Option Clause in Contracts

Form of Option. The Option would be granted pursuant to the inducement grant exception under Nasdaq Rule 5635(c)(4) and not pursuant to the Company’s 2015 Stock Option Incentive Plan or any other equity incentive plan of the Company, as an inducement that is material to the Executive entering into employment with the Company. The Option would also be subject to such other terms and conditions as are set for in the applicable Option agreement.

Form of Option. The Option would be granted pursuant to the inducement grant exception under Nasdaq Rule 5635(c)(4) and not pursuant to the Company’s 2015 Stock Option Incentive Plan or any other equity incentive plan of the Company, as an inducement that is material to the Executive Executive’s entering into employment with the Company. The 2721533v1/999-283 Option would also be subject to such other terms and conditions as are set for forth in the applicable Option award agreement.