FORM OF NON-QUALIFIED STOCK OPTION NOTICE FOR NON-EXECUTIVE DIRECTORS [RECIPIENT NAME] [RECIPIENT ADDRESS]Option Agreement |
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NON-QUALIFIED STOCK OPTION NOTICE [RECIPIENT NAME] This Option Notice (the "Notice") dated as of [GRANT DATE] (the "Grant Date") is being sent to you by Virgin Media Inc., including any successor company (the "Company"). As you are presently serving as a director of Virgin Media Inc. or one of its subsidiary corporations, in recognition of your services and pursuant to the Virgin Media Inc. 2006 Stock Incentive Plan the Company has granted you the Option provided for in this Notice. The Option is subject to the terms and conditions set forth in the Plan, which is incorporated herein by reference, and defined terms used but not defined in this Notice shall have the meaning set forth in the Plan. 1. Grant of Option. The Company hereby irrevocably grants to you, as of the Grant Date, an option to purchase up to [NUMBER] shares of the Company's common stock at a price of $[EXERCISE PRICE] per share (the "Option"). The Option is n |
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