PROVIDIAN FINANCIAL CORPORATION 2000 STOCK INCENTIVE PLANEquity Incentive Plan Agreement |
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Providian Financial Corporation. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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Exhibit 10.1
Form of CEO Non-Qualified Stock Option Award Agreement
PROVIDIAN FINANCIAL CORPORATION
2000 STOCK INCENTIVE PLAN
NON-QUALIFIED STOCK OPTION AWARD
Providian Financial Corporation, a Delaware corporation (the “Company”), hereby awards to the Participant named below, subject to the terms and conditions set forth in this Non-Qualified Stock Option Award (“Agreement”) and the Company’s 2000 Stock Incentive Plan (the “Plan”), as amended from time to time, the right and option to purchase all or any part of the shares of the Company’s Common Stock, at the exercise price and otherwise on the terms and conditions set forth in this Agreement.
Grant Date:
Name of Participant (“Grantee”):
Number of Optioned Shares:
Exercise Price:
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The Plan and Other Agreements |
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The terms and conditions of the Plan are incorporated into this Agreement by reference. Unless otherwise defined in this Agreement, capitalized terms used in this Agreement are used as defined in the Plan. |
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This Agreement and the Plan constitute the entire understanding between Grantee and the Company regarding this Stock Option Award, except as otherwise provided under the heading “Vesting” below. Except to the extent provided under the heading “Vesting” below, any prior agreements or understandings related to the subject herein are superseded. |
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Expiration
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The option shall expire on the 10th anniversary of the Grant Date, or, if earlier, at the earliest of the following:
• immediately on termination of Grantee’s Service for Cause; • 90 days after the termination of Grantee’s continuous Service for any reason other than Cause, death, Disability, or Retirement; or • five years after Grantee’s death, determination of Disability, or Retirement.
Notwithstanding the foregoing, the option is
exercisable no later than the last trading day on or before the expirati
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