PUREDEPTH, INC. AMENDMENT OF STOCK OPTION AGREEMENT AMENDMENT NO. 2

Option Agreement

You are currently viewing:

This Option Agreement involves

PUREDEPTH, INC. | Mark Yahiro

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.

Title: PUREDEPTH, INC. AMENDMENT OF STOCK OPTION AGREEMENT AMENDMENT NO. 2
Date: 12/27/2007

Exhibit 10.25

PUREDEPTH, INC.

AMENDMENT OF STOCK OPTION AGREEMENT

AMENDMENT NO. 2

THIS AMENDMENT No. 2 OF THE STOCK OPTION AGREEMENT is made by and between PureDepth, Inc., a Delaware corporation (the “Company”), and Mark Yahiro (the “Optionee”).

RECITALS

WHEREAS, the Optionee holds an option to purchase shares of the Company’s Common Stock (the “Option”) pursuant to the Company’s 2006 Stock Incentive Plan (the “Plan”), which was evidenced by a form of Stock Option Agreement (the “Option Agreement”);

WHEREAS, the Option was subsequently amended by the parties on (“Amendment No.1) in order to provide for a fixed exercise schedule for the Option and a fixed resale schedule; and

WHEREAS, the parties wish to amend the Option such that exercised shares that are not sold by Optionee during one calendar year may be sold in subsequent years, as set forth below.

AGREEMENT

NOW, THEREFORE, the Company and the Optionee agree as follows:

1. Definitions . Unless otherwise defined herein, capitalized terms sha

SITE SEARCH

AGREEMENTS / CONTRACTS

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates