CRA
International, Inc. (NASDAQ: CRAI), a worldwide leader in providing management,
economic, and financial consulting services, today announced it has
granted inducement stock options to purchase an aggregate of 175,000
shares of CRA's common stock. The grants were made to 7 former key
individuals at Marakon Associates who recently joined CRA as Vice
Presidents (the “Key Employees”) in connection with CRA’s recent
acquisition of substantially all of the assets of Marakon
Associates. Each option has a term of 7 years and an exercise price
equal to $50 per share. The options vest in 4 equal annual installments
beginning on the first anniversary of the date of grant, and are
generally non-transferable without CRA's approval.
The grants were made under CRA's 2009 Nonqualified Inducement Stock
Option Plan, which CRA adopted recently to facilitate the granting
of these stock options as an inducement to the Key Employees pursuant to
NASDAQ Listing Rule 5635(c)(4).
About CRA International
Founded in 1965, CRA
International is a leading global consulting firm that offers business
management, economic and financial expertise to major law firms,
businesses, accounting firms and governments. CRA's consultants combine
uncommon analytical rigor with practical experience and in-depth
understanding of industries and markets. CRA is adept at handling
critical, tough assignments with high-stakes outcomes. CRA's analytical
strength enables it to reach objective, factual conclusions that help
clients make important business and policy decisions and resolve
critical disputes. Headquartered in Boston, CRA has offices throughout
North America, Europe, the Middle East and Asia. Detailed information
about CRA is available at http://www.crai.com.
CRA International, Inc.
Wayne D. Mackie, 617-425-3740
Executive
Vice President, CFO
or
Sharon Merrill Associates, Inc.
Jim
Buckley, 617-542-5300
Executive Vice President