Exhibit 10.50
Form of Stock Option Grant
Agreement
Grant No.
ENDO PHARMACEUTICALS HOLDINGS
INC.
2007 STOCK INCENTIVE PLAN
STOCK OPTION AGREEMENT
This Stock Option Agreement (the
“Option Agreement”) is made and entered into as of the
date of grant set forth below (the “Date of Grant”) by
and between Endo Pharmaceuticals Holdings Inc., a Delaware
corporation (the “Company”), and the optionee named
below (the “Optionee”). Capitalized terms not defined
herein shall have the meaning ascribed to them in the
Company’s 2007 Stock Incentive Plan (the
“Plan”).
Name of Optionee:
Social Security No.:
Address:
Shares Subject to Option:
Exercise Price Per Share:
Date of Grant:
Expiration Date:
Vesting Dates:
Classification of Option
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(Check
one):
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¨ Incentive Stock Option
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¨ Non-Qualified Stock
Option
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1. Number of Shares . The
Company hereby grants to the Grantee an option (the
“Option”) to purchase the total number of shares of
Company Stock set forth above as Shares Subject to Option (the
“Option Shares”) at the Exercise Price Per Share set
forth above (the “Exercise Price”), subject to all of
the terms and conditions of this Option Agreement and the
Plan.
2. Incorporation of Plan .
The Plan is hereby incorporated by reference and made a part
hereof, and the Option and this Option Agreement shall be subject
to all terms and conditions of the Plan.
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3. Option Term . The term of
the Option and of this Option Agreement (the “Option
Term”) shall commence on the Date of Grant set forth above
and, unless previously terminated pursuant to Section 7 of the
Plan or Paragraph 4 of this Option Agreement, shall terminate upon
the Expiration
