SEC Contract Filing

Filing Date: 2016-02-24

Document Content:
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<TYPE>EX-10.34
<SEQUENCE>5
<FILENAME>a15-23245_1ex10d34.htm
<DESCRIPTION>EX-10.34
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<p align="right" style="margin:0in 0in .0001pt 112.2pt;text-align:right;text-indent:35.75pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit&nbsp;10.34</font></b></p>
<p style="margin:0in 0in .0001pt 112.2pt;text-indent:35.75pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ECHOSTAR CORPORATION<br> EMPLOYEE STOCK OPTION AGREEMENT</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This Stock Option Agreement (the &#147;Agreement&#148;) is entered into effective as of [Grant Date] (the &#147;Grant Date&#148;), by and between EchoStar Corporation, a Nevada corporation (the &#147;Company&#148;), and [Participant Name] (&#147;Employee&#148;).</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">RECITAL</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WHEREAS, the Company, pursuant to its 2008 Stock Incentive Plan (the &#147;Plan&#148;) desires to grant this stock option to Employee, and Employee desires to accept such stock option, each under the terms and conditions set forth in this Agreement.</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">AGREEMENT</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">NOW, THEREFORE, in consideration of the premises, the mutual covenants herein contained, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:</font></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Grant of Option</u></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Company hereby grants to Employee, as of the Grant Date, the right and option (hereinafter called the &#147;Option&#148;) to purchase all or any part of an aggregate of [Number of Options Granted] shares of the Class&nbsp;A Common Stock of the Company, par value $0.001 per share (the &#147;Common Shares&#148;), at the price of $[Grant Price] per share (the &#147;Option Price&#148;), on the terms and conditions set forth in this Agreement, which price was equal to or greater than the fair market value of a Common Share on the Grant Date (or the last trading day prior to the Grant Date, if the Grant Date was not a trading day). The Option Price is subject to adjustment as provided in this Agreement and the Plan. [The Option is intended to be an incentive stock option (an &#147;ISO&#148;) within the meaning of the Internal Revenue Code of 1986, as amended, and regulations thereunder (the &#147;Code&#148;).]</font></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Notwithstanding anything in the Plan to the contrary, this Agreement and the Options granted hereunder shall be null and void and of no further force and effect unless and until the Employee shall have accepted and acknowledged this Agreement within thirty (30) days after the Grant Date by</font></b><b> following the then-current procedures implemented by the Company&#146;s administrator for the Plan (the &#147;Administrator&#148;), as such Administrator and procedures are designated by the Company in its sole and absolute discretion for any reason or no reason from time to time.</b></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">[Employee understands, acknowledges, agrees and hereby stipulates that to the extent that the aggregate fair market value (as determined by the Company in its sole and absolute discretion for any reason or no reason at any time and from time to time as of the time the Option was granted) of the Common Shares with respect to which all ISOs are exercisable for the first time by Employee during any calendar year exceeds one-hundred thousand dollars ($100,000), in accordance with Section&nbsp;422(d)&nbsp;of the Code, such