Option Grants

Stock Option Grants

The Board of Directors of Apptix ASA have approved a 
stock option grant to members of the management as 
detailed in the attached spreadsheet. The grants are 
made under the Stock Option Program approved by the 
shareholders in the annual shareholder meeting on May 
4, 2010.  The terms of the new stock option grants 
include a five year contractual life at an option 
strike price of NOK 2.93, which is closing price at 
Oslo Bors on the date of grant. Vesting is over a 
four year term with 20% being vested at the grant 
date, 20% per year thereafter for years one and two 
and with quarterly vesting of 5% per quarter for 
years three and four.

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