This Stock Option Agreement (the "Agreement") is made as of [Date] between [Company Name] (the "Company") and [Employee Name] (the "Employee").
The Company hereby grants to the Employee the option to purchase [Number] shares of the Company’s common stock at an exercise price of [Price] per share.
The options shall vest according to the following schedule:
[Percentage]% after [Time Period]
[Percentage]% after [Time Period]
The Employee may exercise the option by providing written notice to the Company and paying the exercise price.
In the event of termination of employment, the Employee shall have [Number] days to exercise any vested options.
This Agreement shall be governed by the laws of [State/Country].
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
__________________________
[Company Representative Name]
[Title]
__________________________
[Employee Name]
Here are some templates that are similar to Stock Option Agreements (for larger organizations).