EX-10.1 3 doc2.txt EXHIBIT 10.1 FORM OF NOTICE OF STOCK OPTION GRANT Mr. Roger S. Mertz 100 Stony Point Road, Suite 200 Santa Rosa, CA 95401 You have been granted an option to purchase Common Stock of SonomaWest Holdings, Inc., a California corporation (the "Company") as follows:
Grant Number 178 Date of Grant April 24, 2000 Option Price Per Share $5.00 Total Number of Shares Granted 5,000 Total Price Of Shares Granted $25,000 Type of Option [ ] Incentive Stock Option [X] Non-Qualified Stock Option Term/Expiration Date April 24, 2010
EXERCISE SCHEDULE This Option may be exercised in whole or in part, in accordance with the following vesting schedule: VESTING SCHEDULE DATE OF VESTING NUMBER OF SHARES TOTAL VESTED April 24, 2000 5,000 5,000 This option may be exercised for three months after membership on the Company's Board of Directors terminates except as set out in Sections 6, 7 and 8 of the Stock Option Agreement (but in no event later than the Expiration Date). By your signature and the signature of the Company's representative below, you and the Company agree that this Option is granted under and governed by the terms and conditions of the SonomaWest Holdings 1996, Stock Option Plan and the Stock Option Agreement, all of which are attached and made a part of this document. OPTIONEE: SONOMAWEST HOLDINGS, INC. By: --------------------------- --------------------------------- Signature Names: ---------------------------- Title: ----------------------------