Award of Options Sample Clauses

Award of Options. Subject to the terms and conditions of this Agreement and the Plan (the terms of which are incorporated herein by reference) and effective as of the Grant Date, the Company hereby grants to the Optionee a Number of Options to purchase Shares at the designated Exercise Price for each Share granted under these Options. The total Number of Options and the Exercise Price are set forth in Exhibit A.
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Award of Options. Pursuant to the Plan, the Company hereby awards to Employee options (the "Options") to acquire shares of Company common stock (the "Stock") at the exercise price of $ per share (the "Exercise Price"), subject to the terms and conditions set forth in this Agreement and the Plan. A copy of the Plan has been delivered to Employee. By signing below, Employee agrees to be bound by all the provisions of the Plan. The Option granted hereunder is a non-qualified stock option.
Award of Options. As of the Effective Date, you will be granted incentive stock options to purchase up to Sixty Thousand (60,000) in shares of the Company's common stock. Pursuant to the Company's 2014 Equity Incentive Plan (the "Equity Plan"), the options granted pursuant to this paragraph shall vest on each of the following dates: 20% on January 1, 2017; 20% on January 1, 2018; 20% on January 1, 2019; 20% on January 1, 2020; and 20% on January 1, 2021, all as more fully described in the Option Award Agreement dated as of the Effective Date between you and the Company. The above notwithstanding, in the event of a Change in Control all unvested equity grants, including options granted above, shall become immediately vested. The Option Award Agreement shall reflect the full vesting of options upon Change in Control.
Award of Options. Pursuant to the Plan, the Company hereby awards ---------------- to Employee options (the Options) to acquire 480,000 shares of Company common stock (the Stock) at the exercise price of $48.06 per share (the Exercise Price), subject to the terms and conditions set forth in this Agreement and the Plan. A copy of the Plan has been delivered to the Employee. By signing below, the Employee agrees to be bound by all the Plan provisions. The Options granted hereunder are nonqualified stock options.
Award of Options. The Company hereby awards to the Grantee an option (the "Option") to purchase a total of 5,620 shares of Common Stock, par value $.01 per share, of the Company (the "Company Stock"). The price at which a share of Common Stock may be purchased pursuant to the exercise of the Option (the "Option Price") shall be $.10 per share.
Award of Options. Employee shall be awarded stock options under the Company's 2000 Stock Option Plan of 50,000 at fair market value to be awarded as of the first date of service of the Employee, subject to the approval of the Option Committee of the Board of Directors.
Award of Options. Pursuant to the Plan, the Company hereby awards to the Participant options (the "Options") to purchase the number of shares of common stock, par value $.01 per share, of the Company (the "Stock") set forth in Exhibit A hereto. The exercise price per share (the "Exercise Price") of the Stock subject to the Options shall be as is set forth in Exhibit A. The Options include [Incentive Stock Options] [and non-qualified stock Options, as applicable,] as set forth on Exhibit A hereto; provided, however, that to the extent, but only to the extent, that the provisions of the Agreement or the nature of any actions taken by the Participant are inconsistent with the treatment of the Options as Incentive Stock Options, the Options shall be deemed to be non-qualified stock Options. A copy of the Plan and the Plan Prospectus has been delivered to the Participant. By signing below, the Participant agrees to be bound by all the provisions of the Agreement and the Plan.
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Award of Options. Pursuant to the Plan, the Company hereby awards to the Participant options (the "Options") to purchase the number of shares of common stock, par value $.01 per share, of the Company (the "Stock") set forth in Exhibit A hereto. The exercise price per share (the "Exercise Price") of the Stock subject to the Options shall be as is set forth in Exhibit A, such price being the Fair Market Value per share of Stock on the date of grant of the Options. The Options are non-qualified stock Options. A copy of the Plan and the Plan Prospectus has been delivered to the Participant. By signing below, the Participant agrees to be bound by all the provisions of the Agreement and the Plan.
Award of Options. The Corporation hereby grants you, during the ten (10) year period commencing on _________, ___(the Grant Date”) and ending on ___, ___(the “Option Period”), Options to purchase ( ___shares) of the Common Stock from the Corporation at a purchase price of $___.___per share (the “Option Price”). The Option Price is the fair market value of a share of Common Stock on the Grant Date.
Award of Options. On the Effective Date, the Employee shall be awarded stock options under the Company’s 1998 Stock Option Plan (the “Plan”) for 25,000 shares of the Company’s common stock, at an exercise price per share equal to the fair market value per share as of the Effective Date. Each award of a stock option under the Plan will have the terms set forth in, and be in substantially the form of, the standard form of stock option agreement approved for use under the Plan. During his employment under this Agreement, the Employee will also be eligible to receive other awards under the Plan, with any such award, however, being subject to the discretion of the Compensation Committee.
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