AMOUNT OF STOCK SUBJECT TO OPTION. The Company hereby grants to the Optionee, subject to the terms and conditions set forth in this Agreement, the Option to purchase Two Thousand (2,000) shares of authorized and unissued common stock of the Company (without nominal or par value, with a stated value of $5.00 per share) or shares reacquired by the Company and held in treasury (the "Stock"), which Stock is to be issued by the Company upon the exercise of the Option as hereinafter set forth. 2.
Appears in 1 contract
AMOUNT OF STOCK SUBJECT TO OPTION. The Company hereby grants to the Optionee, subject to the terms and conditions set forth in this Agreement, the Option to purchase Two Thousand (2,000) ______ shares of authorized and unissued common stock of the Company (without nominal or par value, with a stated value of $5.00 per share) or shares reacquired by the Company and held in treasury (the "Stock"), which Stock is to be issued by the Company upon the exercise of the Option as hereinafter set forth. 2.
Appears in 1 contract
AMOUNT OF STOCK SUBJECT TO OPTION. The Company hereby grants to the Optionee, subject to the terms and conditions set forth in this Agreement, the Option to purchase Two Thousand (2,000) Total>> shares of authorized and unissued common stock of the Company (without nominal or par value, with a stated value of $5.00 per share) or shares reacquired by the Company and held in treasury (the "Stock"), which Stock is to be issued by the Company upon the exercise of the Option as hereinafter set forth. 2.
Appears in 1 contract
AMOUNT OF STOCK SUBJECT TO OPTION. The Company hereby grants to the Optionee, subject to the terms and conditions set forth in this Agreement, the Option to purchase Two Thousand (2,000) 60,000 shares of authorized and unissued common stock of the Company (without nominal or par value, with a stated value of $5.00 per share) or shares reacquired by the Company and held in treasury (the "Stock"), which Stock is to be issued by the Company upon the exercise of the Option as hereinafter set forth. 2.
Appears in 1 contract
AMOUNT OF STOCK SUBJECT TO OPTION. The Company hereby grants to the Optionee, subject to the terms and conditions set forth in this Agreement, the Option to purchase Two Thousand (2,000) ____________ shares of authorized and unissued common stock of the Company (without nominal or par value, with a stated value of $5.00 per share) or shares reacquired by the Company and held in treasury (the "Stock"), which Stock is to be issued by the Company upon the exercise of the Option as hereinafter set forth. 2.
Appears in 1 contract
Samples: Stock Option Agreement (Pennsylvania Enterprises Inc)
AMOUNT OF STOCK SUBJECT TO OPTION. The Company hereby grants to the Optionee, subject to the terms and conditions set forth in this Agreement, the Option to purchase Two Four Thousand (2,0004,000) shares of authorized and unissued common stock of the Company (without nominal or par value, with a stated value of $5.00 per share) or shares reacquired by the Company and held in treasury (the "Stock"), which Stock is to be issued by the Company upon the exercise of the Option as hereinafter set forth. 2.
Appears in 1 contract