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FISHER COMMUNICATIONS, INC.
STOCK OPTION GRANT NOTICE
2008 EQUITY INCENTIVE PLAN
Fisher
Communications, Inc. (the “Company”) hereby grants to
Participant an Option (the “Option”) to purchase shares
of the Company’s Common Stock. The Option is subject to all
the terms and conditions set forth in this Stock Option Grant
Notice (this “Grant Notice”) and in the Stock Option
Agreement and the Company’s 2008 Equity Incentive Plan (the
“Plan”), which are incorporated into this Grant Notice
in their entirety.
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Vesting
Commencement Date :
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Number of
Shares Subject to Option :
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Exercise
Price (per Share) :
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(subject to earlier termination
in
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accordance with
the terms of the Plan and the Stock Option Agreement)
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Nonqualified
Stock Option
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Vesting and
Exercisability Schedule :
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Additional
Terms/Acknowledgement :
The undersigned Participant acknowledges receipt of, and
understands and agrees to, this Grant Notice, the Stock Option
Agreement and the Plan. Participant further acknowledges that as of
the Grant Date, this Grant Notice, the Stock Option Agreement and
the Plan set forth the entire understanding between Participant and
the Company regarding the Option and supersede all prior oral and
written agreements on the subject.
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FISHER
COMMUNICATIONS, INC.
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PARTICIPANT
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By:
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Signature
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Date:
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Attachments :
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Address:
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1. Stock Option
Agreement
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2. Plan Summary
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Taxpayer
ID:
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FISHER COMMUNICATIONS, INC.
2008 EQUITY INCENTIVE PLAN
Pursuant to your
Stock Option Grant Notice (the “Grant Notice”) and this
Stock Option Agreement, Fisher Communications, Inc. has granted you
an Option under its 2008 Equity Incentive Plan (the
“Plan”) to purchase the number of shares of the
Company’s Common Stock indicated in your Grant Notice (the
“Shares”) at the exercise price indicated in your Grant
Notice. Capitalized terms not explicitly defined in this Stock
Option Agreement but defined in the Plan shall have the same
definitions as in the Plan.
The details of the
Option are as follows:
1.
Vesting and Exercisability . Subject to the limitations
contained herein, the Option will vest and become exercisable as
provided in your Grant Notice, provided that vesting will cease
upon the termination of your employment or service relationship
with the Company or a Related Company and the unvested portion of
the Option will terminate.
2.
Securities Law Compliance . Notwithstanding any other
provision of this Agreement, you may not exercise the Option unless
the Shares issuable upon exercise are registered under the
Securities Act or, if such Shares are not then so registered, the
Company has determined that such exercise and issuance would be
exempt from the registration requirements of the Securities Act.
The exercise of the Option must also comply with other applicable
laws and regulations governing the Option, and you may not exercise
the Option if the Company determines that such exercise would not
be in material compliance with such laws and
regulations.
3. Method
of Exercise . You may exercise the Option by giving written
notice to the Company, in form and substance satisfactory to the
Company, which will state your election to exercise the Option and
the number of Shares for
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