Exhibit 10.3
Standard Microsystems Corporation | ||
Notice of Grant of Stock Options and Option Agreement | ID:11-2234952 80 Arkay Drive Hauppauge, New York 11788 |
Grantee Name Grantee Address Grantee City, State, Zip | Option Number: Plan: ID: | ###### 2009 LTIP ###### |
Effective mm/dd/yyyy, you have been granted a(n) Non-Qualified Stock Option to buy #,### shares of Standard Microsystems Corporation (the Company) stock at $##.### per share.
The total purchase price of the shares granted is $#,###.##.
Shares in each period will become fully vested on the date shown.
Shares | Vest Type | Full Vest | Expiration | |||
#,### | On Vest Date | mm/dd/yyyy | mm/dd/yyyy | |||
#,### | On Vest Date | mm/dd/yyyy | mm/dd/yyyy | |||
#,### | On Vest Date | mm/dd/yyyy | mm/dd/yyyy | |||
#,### | On Vest Date | mm/dd/yyyy | mm/dd/yyyy |
By your signature and the Company’s signature below, you and the Company agree that these options are granted under and governed by the terms and conditions of the Company’s Stock Option Plan as amended and the Option Agreement, all of which are attached and made a part of this document.
Standard Microsystems Corporation | Date | |
Name of Individual | Date |