EX-10.3
from 10-K
13 pages
Tempest - Form of Stock Option Agreement (1-48 Monthly, 1 Yr. Cliff) Tempest Therapeutics, Inc. 2017 Equity Incentive Plan Stock Option Agreement Unless Otherwise Defined Herein, the Terms Defined in the 2017 Equity Incentive Plan (The “Plan”) Shall Have the Same Defined Meanings in This Stock Option Agreement (The “Option Agreement”). I. Notice of Stock Option Grant Name: Address: The Undersigned Participant Has Been Granted an Option to Purchase Common Stock of the Company, Subject to the Terms and Conditions of the Plan and This Option Agreement, as Follows: Date of Grant: <as Described on Carta> Vesting Commencement Date: <as Described on Carta> Exercise Price Per Share: $<as Described on Carta> Total Number of Shares Granted: <as Described on Carta> Total Exercise Price : $<as Described on Carta> Type of Option: <as Described on Carta> Incentive Stock Option <as Described on Carta> Nonstatutory Stock Option Term/Expiration Date: <as Described on Carta> Vesting Schedule: This Option Shall Be Exercisable, in Whole or in Part, According to the Following Vesting Schedule: One Fourth (1/4th) of the Shares Subject to the Option Shall Vest on the Twelve (12) Month Anniversary of the Vesting Commencement Date; the Balance of the Shares Shall Vest in a Series of Thirty-Six (36) Successive Equal Monthly Installments Measured From the Twelve (12) Month Anniversary of the Vesting Commencement Date, Subject to Participant Remaining a Service Provider (As Defined in the Plan) as of Each Such Vesting Date
12/34/56