Stock Option Agreement (Nonstatutory) Sample Contracts
PDL BIOPHARMA, INC. STOCK OPTION AGREEMENT (NONSTATUTORY)Stock Option Agreement (Nonstatutory) • August 9th, 2006 • PDL Biopharma, Inc. • Biological products, (no disgnostic substances) • California
PDL BioPharma, Inc. has granted to the individual (the “Optionee”) named in the Notice of Grant of Stock Option (the “Notice”) to which this Stock Option Agreement (Nonstatutory) is attached an option (the “Option”) to purchase certain shares of Stock upon the terms and conditions set forth in this Option Agreement (the “Option Agreement”) and the Notice. The Option has been granted pursuant to the Company’s 1999 Nonstatutory Stock Option Plan (the “Plan”). By signing the Notice, the Optionee represents that the Optionee is familiar with the terms and provisions of this Option Agreement and accepts the Option subject to all of the terms and provisions hereof. The Optionee agrees to accept as final and binding all decisions or interpretations of the Board upon any questions arising under this Option Agreement or the Plan.