EX-10.1 2 ex10_1.txt EXHIBIT 10.1 EXHIBIT 10.1 FORM OF OPTION AGREEMENT WITH TRANSFER RESTRICTIONS -------------------------------------------------------------------------------- CONCURRENT COMPUTER CORPORATION NOTICE OF GRANT OF STOCK OPTIONS ID: #04-2735766 AND OPTION AGREEMENT 4375 River Green Parkway Duluth, Georgia 30096 Phone: 678-258-4000 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Employee Name Option Number: 015329 Address Plan: 2001 City, State and Zip Code ID: XXXXXXXXX -------------------------------------------------------------------------------- Effective 6/22/2005, you have been granted a(n) Non-Qualified Stock Option to buy XX,XXX shares of CONCURRENT COMPUTER CORPORATION (the Company) stock at $2.1500 per share. The total option price of the shares granted is $XXX,XXX.XX Shares in each period will become fully vested on the date shown. Shares Vest Type Full Vest Expiration ------------- ------------- ------------- ------------- XX,XXX On Vest Date 6/22/2005 6/22/2015 -------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- --------------------------------------- --------------------- CONCURRENT COMPUTER CORPORATION Date --------------------------------------- --------------------- Employee Name Date ADDENDUM TO OPTION AGREEMENT Restrictions on Transfer of Option Shares ---------------------------------------------- For the purposes of this Addendum, capitalized terms used but not defined in this Addendum or the Option Agreement are used as defined in the Amended and Restated 2001 Stock Option Plan (the "Plan"). The optionee may not assign, alienate, pledge, attach, sell or otherwise transfer or encumber the Stock acquired upon the exercise of the Option (the "Option Shares") and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance (a "Transfer") shall be void and unenforceable against the Company; provided; however, that the optionee may Transfer: (i) (A) 25% of the total number of Option Shares underlying the original Option on the first anniversary of the date of grant, (B) 50% of the total number of Option Shares underlying the original Option on the second anniversary of the date of grant, (C) 75% of the total number of Option Shares underlying the original Option on the third anniversary of the date of grant, and (D) all the remaining Option Shares underlying the Option on the fourth anniversary of the date of grant. Notwithstanding the foregoing, all restrictions on Transfer described in this Addendum will lapse upon a Change of Control.