USA Non-Plan Stock Option Agreement

Create a Non-Plan Stock Option Agreement with this template for a USA company.

• The Option Agreement provides a means for a qualified employee to purchase stock which is not subject to a stock option plan.
• The option may not be transferred.
• There may be tax liability upon the exercise of the Option.
• To exercise the option, the employee must give the company a signed option notice, together with payment for the shares.
• Includes procedures for dealing with the options upon termination of the employee's employment due to death, disability, or for cause.

This USA Non-Plan Stock Option Agreement template is provided in MS Word format, and is fully editable to suit your needs.