Exhibit 99.3
IMMERSION CORPORATION
NOTICE OF GRANT OF STOCK OPTION
(For Non-U.S. Participant)
The Participant has been granted an option (the "Option") to purchase certain
shares of Stock of Immersion Corporation pursuant to the Immersion Corporation
2007 Equity Incentive Plan (the "Plan"), as follows:
Participant: Employee ID:
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Date of Grant:
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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: The tenth anniversary of the Date of Grant.
Vested Shares: Except as provided in the Stock Option Agreement and provided the
Participant's 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
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Prior to first anniversary of Vesting Commencement
Date 0
On first anniversary of Vesting Commencement Date
(the "Initial Vesting Date") 1/4
Plus
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For each additional full month of the
Participant's 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 [Name of Country], of which
the Participant is a resident.
By their signatures below or by electronic acceptance or authentication in a
form authorized by the Company, the Company and the Participant agree that the
Option is governed by this Grant Notice and by the provisions of the Plan and
the Stock Option Agreement, both of which are made a part of this document. The
Participant acknowledges that copies of the Plan, the Stock Option Agreement and
the prospectus for the Plan are available on the Company's internal web site and
may be viewed and printed by the Participant for attachment to the Participant's
copy of this Grant Notice. The Participant represents that the Participant has
read and is familiar with the provisions of the Plan and the Stock Option
Agreement, and hereby accepts the Option subject to all of their terms and
conditions.
IMMERSION CORPORATION PARTICIPANT
By:
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Signature
Its:
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Date
Address: 801 Fox Lane --------------------------
San Jose, California 95131 Address
ATTACHMENTS: 2007 Equity Incentive Plan, as amended to the Date of Grant; Stock
Option Agreement, Exercise Notice and Plan Prospectus