![]() In the previous sentence, ISOs include ISOs granted under any plan of the Company or any Parent or any Subsidiary. ![]() However, notwithstanding such designation, if the Optionee becomes eligible in any given year to exercise ISOs for Shares having a Fair Market Value in excess of $100,000, those Options representing the excess shall be treated as Non-Qualified Stock Options ( NSOs). To the extent designated as an Incentive Stock Option ( ISO), this Option is intended to qualify as an Incentive Stock Option under Section 422 of the Code. TYPE OF OPTION: Non-Qualified Stock Option The Optionee is granted an Option to purchase Class B Common Stock of the Company, subject in all events to the terms and conditions of the Plan and this Grant Agreement, as follows:ī. The Optionee agrees to be bound by the terms and conditions of the Plan, which are incorporated herein by reference and which control in case of any conflict with this Grant Agreement, except as otherwise specifically provided in the Plan. 2012 Equity Incentive Plan (the Plan). ![]() THIS STOCK OPTION GRANT AGREEMENT (the Grant Agreement) is made and entered into by and between Blue Apron Holdings, Inc., a Delaware corporation (the Company), and the following individual:Ĭapitalized terms used but not otherwise defined herein shall have the meanings set forth in the Blue Apron Holdings, Inc. ![]()
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