Date
[Employee Name]
[Address][City, State Zip Code]
Dear [ ]:
Pursuant to the terms and conditions of the AVX Corporation 2004 Stock Option Plan (the 'Plan'), you have been granted an Incentive Stock Option to purchase [ ] shares of stock as outlined below.
Granted To: [ ]
Grant Date: [ ]
Granted: [ ]
Grant Price:$[ ] Total Cost to Exercise: $[ ]
Expiration Date: [ ]
Vesting Schedule: 25% per year for 4 years
[ ] on xx/xx/xx
[ ] on xx/xx/xx
[ ] on xx/xx/xx
[ ] on xx/xx/xx
Date
[Employee Name]
[Address][City, State Zip Code]
Dear [ ]:
Pursuant to the terms and conditions of the AVX Corporation 2004 Stock Option Plan (the 'Plan'), you have been granted a Non-Qualified Stock Option to purchase [ ] shares of stock as outlined below.
Granted To: [ ]
Grant Date: [ ]
Granted: [ ]
Grant Price:$[ ] Total Cost to Exercise: $[ ]
Expiration Date: [ ]
Vesting Schedule: Special Vesting
[ ] on xx/xx/xx
[ ] on xx/xx/xx
[ ] on xx/xx/xx
Pursuant to the terms and conditions of the Plan, you have been granted an Incentive Stock Option to purchase [ ] shares of stock as outlined below.
Granted To: [ ]
Grant Date: [ ]
Granted: [ ]
Grant Price:$[ ] Total Cost to Exercise: $[ ]
Expiration Date: [ ]
Vesting Schedule: Special Vesting
[ ] on xx/xx/xx
[ ] on xx/xx/xx
[ ] on xx/xx/xx