SEC Contract Filing

Filing Date: 2018-01-02

Document Content:
<DOCUMENT>
<TYPE>EX-10.18
<SEQUENCE>3
<FILENAME>veru-20170930xex10_18.htm
<DESCRIPTION>EX-10.18
<TEXT>
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 Exhibit 1018
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 <a name="_GoBack"></a><font style="display: inline;font-weight:bold;font-size:10pt;">Exhibit 10.18</font>
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 <font style="display: inline;font-size:10pt;">NON-QUALIFIED STOCK OPTION GRANT AGREEMENT</font>
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 <font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">THIS NON-QUALIFIED STOCK OPTION GRANT AGREEMENT dated as of __________ (the "Grant Date"), is between ___________ ("Optionee") and VERU INC., a Wisconsin corporation (the "Company").</font>
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 <font style="display: inline;font-size:10pt;">A.</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 30pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">The Company adopted Veru Inc. 2017 Equity Incentive Plan (the "Plan"), which was approved by its Board of Directors (the "Board") and shareholders effective July&nbsp;28, 2017.&nbsp;&nbsp;The Plan is administered by the Compensation Committee of the Board (the "Committee").</font>
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 <font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">B.</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">The Committee has designated Optionee as a participant in the Plan.</font>
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 <font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">C.</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Pursuant to the Plan, Optionee and the Company desire to enter into this Agreement setting forth the terms and conditions of the following option granted to Optionee under the Plan.</font>
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 <font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Optionee and the Company agree as follows:</font>
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