Notice of Exercise of Options under Stock Option Agreement

This Notice of Exercise of Options Under Stock Option Agreement will effectively give notice that an individual intends to exercise an option to purchase stock. This notice sets out the name of the corporation issuing the stock, date of stock option agreement and the number of optioned shares. It also instructs the corporation to issue the stock and the location where the shares should be sent. It is imperative that this type of option notice be clearly set out in writing. (continued ...)