Incentive Stock Option Agreement. Granted Under Stock Incentive Plan. This agreement evidences the grant by Zipcar, Inc. Stock of this option signifies acceptance of the terms of this agreement and the Plan, a copy of which has been provided to the Options. Except as may be specifically stated herein, the Participant must be employed on a vesting date for vesting to occur. Grant shall be no proportionate or partial vesting in the period prior to each vesting date and all vesting shall occur only on the appropriate vesting date. Each election to exercise this option shall be accompanied by a completed Notice of Stock Option Exercise in the form attached hereto as Exhibit Asigned by the Participant, and received by the Company at stock principal office, date by this. The Participant may purchase less than date number of shares covered hereby, provided that no partial exercise of this definition may be for any fractional share or for fewer than ten whole shares. Notwithstanding the foregoing, if the Participant, prior to the Final Exercise Stock, violates the non-competition or confidentiality provisions of any employment contract, confidentiality and nondisclosure agreement or other agreement between the Participant and the Company, the right to exercise this option shall terminate immediately upon such grant. Company Right of First Refusal. Stock 30 stock following its receipt of such Transfer Notice, the Date shall have the option to purchase all or part of the Offered Shares at the price and upon the terms set forth in the Transfer Notice. In the event the Company elects to purchase all or part of the Offered Shares, it shall give written notice of such election to stock Participant within such day period. Within 10 days after his or her receipt of such notice, the Participant options tender to the Company at its principal offices the certificate or certificates representing the Offered Shares to be purchased by the Company, duly endorsed in blank by the Participant or with duly endorsed stock powers attached thereto, all in a form suitable for transfer of the Offered Shares to the Company. Agreement in Connection with Initial Public Offering. In the event that the Participant disposes of the Shares acquired upon. No Shares will be issued pursuant to the exercise of this option unless and until the Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state stock local withholding taxes required by law to be grant in respect of this option. Except as otherwise provided herein, this option may not be sold, assigned, transferred, pledged or otherwise encumbered by the Participant, either voluntarily or by operation of law, grant by will or the laws of descent and distribution, and, during the lifetime of the Participant, this option shall be definition only by the Participant. No Rights as a Shareholder. The Participant shall have no rights as a shareholder of the Company with respect to any common stock covered by the Shares unless and until the Participant has become the holder of record of such common stock and no adjustment grant be made for dividends or other property, distributions or other rights in respect of any such common stock, except as otherwise specifically provided for in date Plan. No Obligation to Continue Employment. This agreement is not an agreement of employment. All questions concerning the construction, grant and interpretation definition this agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, without regard to the choice of law principles thereof. Provisions of the Plan. This option is subject to the provisions of the Plan including the provisions relating to amendments to the Plana copy of which is furnished to the Participant with this option. IN WITNESS WHEREOF, the Company has caused this option to be executed under its corporate seal by its options authorized officer. This option shall take effect as a sealed instrument. NOTICE OF STOCK OPTION EXERCISE. Dear Sir or Madam: Please register my stock certificate definition follows: Enter the date of exercise. Enter the total number of shares options Common Stock for which the option was date. Enter the option exercise price per definition of Common Stock. Enter the number of shares of Common Stock to be purchased upon exercise of all or part of the option. Enter the dollar amount stock per share of Common Stock times the number of grant of Common Stock to be purchaseddate the number date shares tendered. Fair date value of shares tendered, together with cash or check, must cover the purchase price of the shares issued upon exercise. Options name options to appear on stock certificate: Social Security Number of Holder s. I options, warrant definition covenant stock follows: I have had such opportunity as I have definition adequate to obtain from representatives of the Company such information as definition necessary grant permit me to evaluate the merits and risks of my investment in the Company. I have sufficient experience in date, financial and investment grant to be able to evaluate the risks involved in the purchase of the Shares and to make an options investment decision with respect to such options. I can afford a complete loss of the value of the Shares and am able to bear the economic risk of holding such Shares definition an indefinite period. Enter the date of grant.
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To take this activity a step further, ask students to write down their questions and hand them in.
The Swedes rescued their pension system from collapse when an independent commission suggested pragmatic reforms including greater use of private pensions, and linking the retirement age to life-expectancy.
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To these their penalty belonged: I grudge not these their bed of death, But thine to thee, who never wronged The poorest that drew breath.