50 of the Top 250 law firms use our Products every day
[NUMBER] shares of Common
Stock
INVERNESS MEDICAL INNOVATIONS PLC
(“the Company”)
HM REVENUE AND CUSTOMS SHARE
OPTION PLAN (2007) (“the Plan”)
THIS IS TO
CERTIFY THAT: [NAME OF PARTICIPANT]
WAS ON [DATE OF
GRANT] GRANTED SUBJECT TO THE RULES OF THE PLAN AN OPTION TO
ACQUIRE [NUMBER OF OPTION SHARES] SHARES OF COMMON STOCK OF $0.001
EACH IN THE CAPITAL OF THE COMPANY AT AN OPTION PRICE OF [PRICE]
DOLLARS PER SHARE.
The Option is
first exercisable in stages pursuant to Rule 2.6 of the Plan
as follows:
|
|
|
|
|
|
|
|
|
Proportion of
Shares over which
|
|
|
|
|
|
the Option
may be exercised from
|
|
Cumulative
proportion of the Shares
|
|
Specified
Anniversary
|
|
the Specified
Anniversary
|
|
which the
Option may be exercised
|
1st anniversary
of the Date of Grant
|
|
One quarter of
the Shares subject to the Option, rounded up if necessary to
nearest whole Share.
|
|
One quarter of
the Shares subject to the Option, rounded up if necessary to
nearest whole Share
|
|
|
|
|
|
|
2nd anniversary
of the Date of Grant
|
|
One quarter of
the Shares subject to the Option, rounded up if necessary to
nearest whole Share.
|
|
Half of the
Shares subject to the Option, rounded up if necessary to nearest
whole Share.
|
|
|
|
|
|
|
3rd anniversary
of the Date of Grant
|
|
One quarter of
the Shares subject to the Option, rounded up if necessary to
nearest whole Share.
|
|
Three quarters
of the Shares subject to the Option, rounded up if necessary to
nearest whole Share.
|
|
|
|
|
|
|
4th anniversary
of the Date of Grant
|
|
The Shares
subject to the Option over which the Option has not before that
date become exerciseable.
|
|
All of the
Shares subject to the Option.
|
In
accordance with Rule 6.8 of the Plan, the Grantor has
determined that it shall NOT b
|
