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IMMERSION CORPORATION NOTICE OF GRANT OF STOCK OPTION |
Participant:
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Employee ID: | |||||
Date of Grant: |
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Option Number: |
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Number of Option Shares: |
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Exercise Price Per Share: |
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Vesting Commencement Date: |
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Option Expiration Date: |
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Tax Status of Option:
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Nonstatutory Stock Option. | |||||
| Vested Shares: | Except as provided in the Stock Option Agreement and provided the Participants Service has not terminated prior to the applicable date, the number of Vested Shares (disregarding any resulting fractional share) as of any date is determined by multiplying the Number of Option Shares by the Vested Ratio determined as of such date as follows: | |||||
| Vested Ratio | ||||||
| Prior to first anniversary of Vesting Commencement Date | 0 | |||||
| On first anniversary of Vesting Commencement Date (the Initial Vesting Date) | 1/4 | |||||
| Plus | ||||||
| For each additional full month of the Participants continuous Service from Initial Vesting Date until the Vested Ratio equals 1/1, an additional | 1/48 | |||||
| Local Law: | The laws, rules and regulations of [United States], of which the Participant is a resident. | |||||
| IMMERSION CORPORATION | PARTICIPANT | |||||||
By: |
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| Signature | ||||||||
Date: |
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| Date | ||||||||
Address:
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801 Fox Lane | Address: | ||||||
| San Jose, California 95131 | ||||||||
ATTACHMENTS:
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2008 Employment Inducement Award
Plan, as amended to the Date of Grant; Stock Option Agreement, Exercise Notice and Plan Prospectus |