SEC Contract Filing

Filing Date: 2020-08-10

Document Content:
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<TYPE>EX-10.2
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<FILENAME>scyx-ex102_239.htm
<DESCRIPTION>EX-10.2
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
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<p style="text-align:center;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">SCYNEXIS, INC.</p>
<p style="text-align:center;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2009 STOCK OPTION PLAN</p>
<p style="text-align:center;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">ADJUSTED FOR RESERVE STOCK SPLIT: July 17, 2020</p>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Purpose</font></p></td>
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<p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The purpose of this 2009 Stock Option Plan (the &#8220;<font style="font-weight:bold;">Plan</font>&#8221;) of SCYNEXIS, Inc., a Delaware corporation (the &#8220;<font style="font-weight:bold;">Company</font>&#8221;), is to advance the interests of the Company&#8217;s stockholders by enhancing the Company&#8217;s ability to attract, retain and motivate persons who are expected to make important contributions to the Company and by providing such persons with equity ownership opportunities and performance-based incentives that are intended to align their interests with those of the Company&#8217;s stockholders. Except where the context otherwise requires, the term &#8220;<font style="font-weight:bold;">Company</font>&#8221; includes the Company&#8217;s present or future parent or subsidiary corporations as defined in Sections 424(e) or (f) of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the &#8220;<font style="font-weight:bold;">Code</font>&#8221;) and other business ventures (including, without limitation, any joint venture or limited liability company) in which the Company has a controlling interest, as determined by the Board of Directors of the Company (the &#8220;<font style="font-weight:bold;">Board</font>&#8221;).<font style="font-weight:bold;"> </font></p>
<p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p>
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<p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">All of the Company&#8217;s employees, officers, directors, and individual consultants and advisors (each a &#8220;<font style="font-weight:bold;">Service Provider</font>&#8221;) are eligible to receive options (each, an &#8220;<font style="font-weight:bold;">Option</font>&#8221;) to purchase shares of the common stock of the Company, $0.001 par value per share (the &#8220;<font style="font-weight:bold;">Common Stock</font>&#8221;) under the Plan. Each person who receives an Option under the Plan is deemed a &#8220;<font style="font-weight:bold;">Participant.</font>&#8221;<font style="font-weight:bold;"> </font></p>
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