GENOMIC HEALTH, INC.
2005 STOCK INCENTIVE PLAN
NOTICE OF STOCK OPTION GRANT
You have been
granted the following Option to purchase Common Stock of GENOMIC
HEALTH, INC. (the “Company”) under the Company’s
2005 Stock Incentive Plan (the “Plan”):
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«Name_of_Optionee»
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Total Number
of Option Shares Granted:
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«Total_Number_of_Shares»
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«Type_of_Option»
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Exercise
Price Per Share:
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$«Exercise_Price_Per_Share»
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«Date_of_Grant»
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Vesting
Commencement Date:
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«Vesting_Commencement_Date»
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This Option
becomes exercisable with respect to the first 1/4
th of the shares subject to this Option when you
complete 12 months of continuous service as an Employee or a
Consultant from the Vesting Commencement Date. Thereafter, this
Option becomes exercisable with respect to an additional
1/48 th
of the shares subject to this Option
when you complete each additional month of such service
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«Expiration_Date» This Option
expires earlier if your Service terminates earlier, as described in
the Stock Option Agreement.
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By your signature
and the signature of the Company’s representative below, you
and the Company agree that this Option is granted under and
governed by the term and conditions of the Plan and the Stock
Option Agreement, both of which are attached to and made a part of
this document.
By signing this
document you further agree that the Company may deliver by e-mail
all documents relating to the Plan or this award (including without
limitation, prospectuses required by the Securities and Exchange
Commission) and all other documents that the Company is required to
deliver to its security holders (including without limitation,
annual reports and proxy statements). You also agree that the
Company may deliver these documents by posting them on a website
maintained by the Company or by a third party under contract with
the Company. If the Company posts these documents on a website, it
will notify you by e-mail.
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OPTIONEE:
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Genomic
Health , Inc.
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By:
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G. Bradley
Cole
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Title Chief
Financial Officer
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Genomic
Health, Inc.
2005 Stock Incentive
Plan
GENOMIC HEALTH, INC.
2005 STOCK INCENTIVE PLAN
STOCK OPTION AGREEMENT
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This Option is
intended to be an incentive stock option under Section 422 of
the Internal Revenue Code or a nonstatutory option, as provided in
the Notice of Stock Option Grant. Even if this Option is designated
as an incentive stock option, it shall be deemed to be a
nonstatutory option to the extent required by the $100,000 annual
limitation under Section 422(d) of the Internal Revenue
Code.
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This Option
becomes exercisable in installments, as shown in the Notice of
Stock Option Grant. This Option will in no event become exercisable
for additional shares after your service as an Employee or a
Consultant has terminated for any reason.
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This Option
expires in any event at the close of business at Company
headquarters on the day before the 10th anniversary of the Grant
Date, as shown on the Notice of Stock Option Grant (fifth
anniversary for a more than 10% stockholder as provided under the
Plan if this is an incentive stock option). This Option may expire
earlier if your Service terminates, as described below.
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If your Service
terminates for any reason except death or “Total and
Permanent Disability” (as defined in the Plan), then this
Option will expire at the close of business at Company headquarters
on the date three (3) months after the date your Service
terminates (or, if earlier, the Expiration Date). The Company has
discretion to determine when your Service terminates for all
purposes of the Plan and its determinations are conclusive and
binding on all persons.
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If your Service
terminates because of death, then this Option will expire at the
close of business at Company headquarters on the date
12 months after the date your Service terminates (or, if
earlier, the Expiration Date). During that period of up to
12 months, your estate or heirs may exercise the
Option.
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If your Service
terminates because of your Total and Permanent Disability, then
this Option will expire at the close of business at Company
headquarters on the date 12 months after the date your Service
terminates (or, if earlier, the Expiration Date).
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For purposes of
this Option, your Service does not terminate when you go on a
military leave, a sick leave or another bona fide leave of
absence, if the leave was approved by the Company in writing and if
continued crediting of Service is required by the terms of the
leave or by applicable law. But your Service terminates when the
approved leave ends, unless you immediately return to active
work.
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If you go on a
leave of absence, then the vesting schedule specified in
the
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Genomic
Health, Inc.
2005 Stock Incentive
Plan
-1-
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Notice of Stock
Option Grant may be adjusted in accordance with the Company’s
leave of absence policy or the terms of your leave. If you commence
working on a part-time basis, then the vesting schedule specified
in the Notice of Stock Option Grant may be adjusted in accordance
with the Company’s part-time work policy or the terms of an
agreement between you and the Company pertaining to your part-time
schedule.
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The Company
will not permit you to exercise this Option if the issuance of
shares at that time would violate any law or regulation. The
inability of the Company to obtain approval from any regulatory
body having authority deemed by the Company to be necessary to the
lawful issuance and sale of the Company stock pursuant to this
Option shall relieve the Company of any liability with respect to
the non-issuance or sale of the Company stock as to which such
approval shall not have been obtained. However, the Company shall
use its best efforts to obtain such approval.
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When you wish
to exercise this Option you must notify the Company by completing
the attached “Notice of Exercise of Stock Option” form
and filing it with the Human Resources Department of the Company.
Your notice must specify how many shares you wish to purchase. Your
notice must also specify how your shares should be registered. The
notice will be effective when it is received by the Company. If
someone else wants to exercise this Option after your death, that
person must prove to the Company’s satisfaction that he or
she is entitled to do so.
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When you submit
your notice of exercise, you must include payment of the Option
exercise price for the shares you are purchasing. Payment may be
made in the following form(s):
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• Your personal check, a
cashier’s check or a money order.
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• Certificates for shares of
Company stock that you own, a
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