Notice of Grant of Stock Options and Option Agreement職工優(yōu)先認(rèn)股權(quán)通知

-16-NoticeofGrantofStockOptionsandOptionAgreement職工優(yōu)先認(rèn)股權(quán)通知核心提示：AAACorporationAddress:_________[NAME]_________[Address]_________Pursuanttothetermsandconditionsofthecompanys_________(YEAR)NQStockOptionPlan(thePlan),youhavebeengrantedaNAAACorporationAddress:_________[NAME]_________[Address]_________Pursuanttothetermsandconditionsofthecompanys_________(YEAR)NQStockOptionPlan(the“Plan’),youhavebeengrantedaNonQualifiedStockOptiontopurchase_________shares(the“Option’)ofstockasoutlinedbelow.GrantedTo:_________GrantDate:_________(M,D,Y)OptionsGranted:_________OptionPriceperShare:$,_________ExpirationDate:_________(M,D,Y)VestingSchedule:25%peryearfor4years_________on_________(M,D,Y)_________on_________(M,D,Y)_________on_________(M,D,Y)_________on_________(M,D,Y)ThispageandtheattachedTermsandConditionstogetherconstitutetheOptionAgreement.ByyoursignatureandtheCompanyssignaturebelow,youandtheCompanyagreethattheseoptionsaregrantedunderandgovernedbythetermsoftheCompanys_________(YEAR)LongTermIncentiveStockPlanandtheOptionAgreement.AAACORPORATIONBy:_________By:_________Signature:_________Date:__________________(YEAR)AAALONGTERMINCENTIVESTOCKPLANNONQUALIFIEDSTOCKOPTIONTERMSANDCONDITIONSKK1.TheGranteeisentitledatthetimeortimesdesignatedinparagraph4hereofbutbeforethecloseofbusinessonthedaybeforethetenthanniversaryoftheDateofGrant(the“ExpirationDate’)topurchaseandreceivefromtheCompanythemaximumnumberofsharesofCommonStockoftheCompanysetforthaboveuponexerciseofthisOption,allsubject,however,tothetermsandconditionsstatedhereinandintheAAA_________(YEAR)LongTermIncentiveStockPlan,asamendedfromtimetotime(the“Plan’),andanyrulesorguidestoadministrationadoptedbytheCompanysCompensationandManagementDevelopmentCommitteeoranysuccessorcommitteeappointedbytheCompanysBoardofDirectorstoadministerthePlan(the“Committee’)ineffectfromtimetotime,including,withoutlimitation,thePlans_________(YEAR)GuidetoAdministration(the“Guide’).2.ThisOptionisnontransferableandnonassignableandmaybeexercisedsolelybytheGranteeoradulyappointedguardianorpersonalrepresentative,exceptasprovidedinparagraph3hereofintheeventofthedeathoftheGrantee.ThisOptionshallnotbean“incentivestockoption’withinthemeaningofSection422oftheInternalRevenueCodeof1986,asamended.3.ThisOptionshallterminateifandwhentheGranteeceasestobeanemployeeoftheCompanyoroneofitssubsidiaries,exceptasfollows:(i)IftheGranteediesorisDisabled(asdefinedbelow)whileemployedbytheCompanyorasubsidiary,thenextsucceedingvestinginstallmentofthisOptionshallvestandallinstallmentsunderthisOptionwhichhavevestedmaybeexercisedbytheGrantee(or,inthecaseoftheGranteesdeath,bytheGranteessuccessor)untilthefifthanniversaryoftheGranteesdeathorDisability,whicheverfirstoccurs,butinnoeventaftertheExpirationDate.(ii)NotwithstandinganyretirementprovisionssetforthintheGuidetothecontrary,iftheGranteeRetires(asdefinedbelow)whileemployedbytheCompanyorasubsidiary,(x)thenextsucceedingvestinginstallmentofthisOptionshallvestasoftheGranteesRetirementdate,(y)anyandallsucceedinginstallmentsofthisOptionwillvestasofthedate(s)thattheywouldhaveotherwisevestedhadtheGranteeremainedemployedbytheCompanyoroneofitssubsidiaries,and(z)allinstallmentsunderthisOptionwhichhavevestedasoftheGranteesRetirementdateorwhichvestasdescribedintheforegoingclause(y)maybeexercisedbytheGrantee(or,inthecaseoftheGranteesdeath,bytheGranteessuccessor)untilthefifthanniversaryoftheGranteesRetirement,butinnoeventaftertheExpirationDate.(iii)Subjecttothefollowingsentence,iftheemploymentoftheGranteewiththeCompanyorasubsidiaryisterminatedforanyreasonotherthantheGranteesdeath,RetirementorDisability,thisOptionmaybeexercised(astonotmorethanthenumberofsharesastowhichtheGranteemighthaveexercisedthisOptiononthedateonwhichhisorheremploymentterminated)onlywithin90daysfromthedateofsuchterminationofemployment,butinnoeventaftertheExpirationDate;provided,however,thatiftheGranteeisdismissedbytheCompanyorasubsidiaryforcause,ofwhichtheCommitteeshallbethesolejudge,thisOptionshallexpireforthwith.IftheGranteedieswithin90daysafteraterminationofemploymentdescribedintheprecedingsentence(otherthanaterminationbytheCompanyorasubsidiaryforcause),thisOptionmaybeexercisedbytheGranteessuccessorforoneyearfromthedateoftheGranteesdeath,butinnoeventaftertheExpirationDateandastonotmorethanthenumberofsharesastowhichtheGranteemighthaveexercisedthisOptiononthedateonwhichhisorheremploymentbytheCompanyorasubsidiaryterminated.(iv)Forpurposesofthisinstrument,“Disabled’meansdisabledpursuanttotheprovisionsoftheCompanys(oroneofitssubsidiarys)LongTermDisabilityPlanapplicabletotheGrantee;or,iftheGranteeisnotcoveredbysuchaLongTermDisabilityPlan,theincapacityoftheGrantee,duetoinjury,illness,disease,orbodilyormentalinfirmity,toengageintheperformanceofsubstantiallyalloftheusualdutiesofemploymentwiththeCompanyorthesubsidiarywhichemploystheGrantee,suchdisabilitytobedeterminedbytheCommitteeuponreceiptandinrelianceoncompetentmedicaladvicefromoneormoreindividuals,selectedbytheCommittee,whoarequalifiedtogivesuchprofessionalmedicaladvice.Forpurposesofthisinstrument,“Retire’meansthattheGranteeterminatesemploymentafterattainingage55withatleast10yearsofservice(otherthaninconnectionwithaterminationbytheCompanyorasubsidiaryforcause).4.Subjecttotheearliervestingand/orterminationofthisOptionpursuanttoparagraph3orparagraph8hereof,thisOptionshallbecomeexercisableasto25percentofthetotalnumberofsharessetforthaboveonthefirstanniversaryoftheDateofGrant,andoneachsucceedinganniversaryoftheDateofGrantthisOptionshallbecomeexercisableastoanadditional25percentofthetotalnumberofsharessothatonthefourthanniversaryoftheDateofGrantthisOptionshallbeexercisableinfull.Subjecttotheearliervestingand/orterminationofthisOptionpursuanttoparagraph3orparagraph8hereof,thisOptionmaybeexercisedtotheextentthatitisexercisableinaccordancewiththeforegoingatanytimeuptotheExpirationDate.5.InordertoexercisethisOption,theGranteeorsuchotherpersonasmaybeentitledtoexercisethesameshall(i)executeanddelivertotheCorporateSecretaryoftheCompanyawrittennoticeindicatingthenumberofsharessubjecttothisOptiontobeexercised,and/or(ii)completesuchotherexerciseprocedureasmaybeprescribedbytheCorporateSecretaryoftheCompany.ThedateofexerciseofthisOptionshallbethedaysuchnoticeisreceivedbytheCorporateSecretaryoftheCompanyorthedaysuchexerciseproceduresaresatisfied,asapplicable;providedthatinnoeventshallthisOptionbeconsideredtohavebeenexercisedunlessthepershareexercisepriceofthisOptionispaidinfull(orprovidedforinaccordancewiththefollowingsentence)foreachofthesharestobeacquiredonsuchexerciseandallrequiredtaxwithholdingobligationswithrespecttosuchexercisehavebeensatisfiedorprovidedforinaccordancewithparagraph8hereof.Thepurchasepriceshallbepaidincashor,inthesolediscretionoftheCommitteeandonsuchtermsandconditionsastheCorporateSecretaryoftheCompanymayprescribe,eitherinwholeorinpartinCommonStockoftheCompany(eitheractuallyorbyattestationandvaluedattheirfairmarketvalueonthedateofexerciseofthisOptionasdefinedinparagraph6hereof)orpursuanttoacashlessexercisearrangedthroughabrokerorotherthirdparty.6.ThefairmarketvalueofthesharesofCommonStockoftheCompanyonthedateofexerciseofthisOptionshallbetheclosingpriceinthecompositetapeoftheCommonStockontheNewYorkStockExchangeonsuchdate,or,iftherewasnotradingonsuchdate,theclosingpriceonthenextprecedingdateonwhichtherewastradinginsuchshares;provided,however,theCommitteeindeterminingsuchfairmarketvaluemayutilizesuchotherexchange,market,orlistingasitdeemsappropriate.Forpurposesofacashlessexercise,thefairmarketvalueofthesharesshallbethepriceatwhichthesharesinpaymentoftheexercisepricearesold.7.TheissueandsaleofsharesofstockuponanyexerciseofthisOptionisfurthersubjecttofullcompliancewithallthenapplicablerequirementsoflaw,theSecuritiesandExchangeCommission,theCommissionerofCorporationsoftheStateofCalifornia,orotherregulatoryagencieshavingjurisdictionovertheCompanyanditsshares,andofanyexchangesuponwhichstockoftheCompanymaybelisted.TheGranteeshallnothavetherightsandprivilegesofastockholderwithrespecttosharessubjecttoorpurchasedunderthisOptionuntilthedateappearingonthecertificate(s)issuedupontheexerciseofthisOption.8.ThenumberandpriceofsharessubjecttothisOptionaresubjecttoadjustmentupontheoccurrenceofeventssuchasstocksplits,stockdividendsandotherchangesincapitalizationinaccordancewithSection6ofthePlan.Intheeventofanyadjustment,theCompanywillgivetheGranteewrittennoticethereofwhichwillsetforththenatureoftheadjustment.Exceptassetforthbelowinthisparagraph8,theGranteesrightswithrespecttothisOptionintheeventofaChangeinControl(asdefinedinthePlan)shallbedeterminedunderSection6ofthePlan.Notwithstandingtheaccelerationprovisionsofparagraph3hereofbutsubjecttothelimitedexerciseperiodssetforththerein,furthersubjecttotheCompanysabilitytoterminatethisOptioninconnectionwithaChangeinControlinaccordancewiththeprovisionsofSection6ofthePlan,andfurthersubjecttotheexceptionssetforthinSectionXoftheGuide,thisOptionshallbecomefullyexercisableasofthedateoftheGranteesterminationofemploymentifeitherwithintheProtectedPeriod(asdefinedintheGuide)correspondingtoaChangeinControloftheCompanyorwithintwentyfour(24)calendarmonthsfollowingthedateofaChangeinControloftheCompany,theGranteesemploymentbytheCompanyanditssubsidiariesisinvoluntarilyterminatedbytheCompanyanditssubsidiariesforreasonsotherthanCause(asdefinedinSectionXoftheGuide)orbytheGranteeforGoodReason(asdefinedinSectionXoftheGuide).9.ThevestingofthisOptionrequirescontinuedemploymentthrougheachvestingdateasaconditiontothevestingofthecorrespondinginstallmentofthisOption.Unlessotherwiseexpresslyprovidedinparagraph3orparagraph8hereof,employmentbeforeorbetweenthespecifiedvestingdates,evenifsubstantial,willnotentitletheGranteetoanyproportionatevestingoravoidormitigateaterminationofrightsandbenefitsuponorfollowingaterminationofemployment.SubjecttotheleaveofabsenceprovisionsoftheGuide,theterm“employment’asusedhereinmeansactiveemploymentbytheCompanyoroneofitssubsidiariesandsalarycontinuationwithoutactiveemploymentwillnot,inandofitself,constitute“employment’forpurposeshereof(inthecaseofsalarycontinuationwithoutactiveemployment,theparticipantscessationofactiveemployeestatusshallbedeemedtobeaterminationof“employment’forpurposeshereof).Nothingcontainedinthisinstrument,thePlan,ortheGuideconstitutesanemploymentcommitmentbytheCompanyoranysubsidiary,affectstheGranteesstatus(iftheGranteeisotherwiseanatwillemployee)asanemployeeatwillwhoissubjecttoterminationwithoutcause,confersupontheGranteeanyrighttocontinueintheemployoftheCompanyoranysubsidiary,orinterferesinanywaywiththerightoftheCompanyorofanysubsidiarytoterminatesuchemploymentatanytime.10.TheCompanyorthesubsidiarywhichemploystheGranteeshallbeentitledtorequire,asaconditionofissuingsharesuponexerciseofthisOption,thattheGranteeorotherpersonexercisingthisOptionpayanysumsrequiredtobewithheldbyfederal,stateorlocaltaxlawwithrespecttotheexerciseofthisOption.Alternatively,theCompanyorsuchsubsidiary,initsdiscretion,maymakesuchprovisionsforthewithholdingofanytaxesasitdeemsappropriate.11.TheCompanywillpayallfederalandstatetransfertaxes,ifany,ando