Date of Option Grant Sample Clauses

Date of Option Grant. May 8, 2002 ----------------- Name of Optionee: William McGlashan, Jr. ------------------------------- Xxxxxxxx'x Xxxxxx Security Number: --------------- Number of Shares Covered by Option: 1,000,000 ------------------ Exercise Price per Share: $1.74 -------------- Vesting Start Date: May 8, 2002 -------------------- BY SIGNING THIS COVER SHEET, YOU AGREE TO ALL OF THE TERMS AND CONDITIONS DESCRIBED IN THE ATTACHED AGREEMENT AND IN THE PLAN, A COPY OF WHICH IS ALSO ENCLOSED. Optionee: /s/ William McGlashan ______________________________________________________________________ (Signature) Company: ______________________________________________________________________ (Signature) Title: ________________________________________ Attachment CRITICAL PATH, INC. AMENDED AND RESTATED 1998 STOCK OPTION PLAN NONSTATUTORY STOCK OPTION AGREEMENT NONSTATUTORY STOCK This option is not intended to be an incentive stock OPTION option under section 422 of the Internal Revenue Code and will be interpreted accordingly. VESTING The option is immediately exercisable. The Shares under this option will vest in accordance with the vesting schedule indicated below: NUMBER OF OPTIONS VESTING EVENT 1,000,000 Vesting in one-third of the Shares under this option on the first anniversary of the Vesting Start Date listed on the cover sheet to this Agreement and vesting thereafter in equal quarterly installments from the first anniversary of the Vesting Start Date for a period of two (2) years subject to continued employment with the Company during that period and all other terms and conditions as described herein. Shares that are not yet vested under this Agreement are referred to as Restricted Shares. Your option vesting will cease in the event that your employment and service as a Company director both terminate for any reason. Your option vesting will also cease upon your voluntary resignation of employment or upon a termination for Cause (as such terms are defined in your employment agreement with the Company). Repurchase Right If your employment and service as a Company director both terminate for any reason, then your Shares will be automatically repurchased by the Company to the extent that they have not vested before the termination date and do not vest as a result of the termination. This means that the Restricted Shares will immediately revert to the Company. You will receive a payment for Restricted Shares that are repurchased equal to the price you paid per share. The Compan...
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Date of Option Grant. November 8, 2001 ------------------- Name of Optionee: William McGlashan, Jr. ------------------------ Oxxxxxxx'x Xxxxxx Xxxxxity Number: Number of Shares Covered by Option: 813,000 --------------- Exercise Price per Share: $1.13 ------- Vesting Start Date: November 8, 2001 ----------------- BY SIGNING THIS COVER SHEET, YOU AGREE TO ALL OF THE TERMS AND CONDITIONS DESCRIBED IN THE ATTACHED AGREEMENT AND IN THE PLAN, A COPY OF WHICH IS ALSO ENCLOSED. Optionee: /s/ William McGlashan ------------------------------------------------- (Signature) Company: /s/ David Hayden ------------------------------------------------- (Signature) Title: ---------------------------------- Attachment CRITICAL PATH, INC. AMENDED AND RESTATED 1998 STOCK OPTION PLAN NONSTATUTORY STOCK OPTION AGREEMENT NONSTATUTORY STOCK OPTION This option is not intended to be an incentive stock option under section 422 of the Internal Revenue Code and will be interpreted accordingly. VESTING The Shares under this option will vest in accordance with the vesting schedule indicated below: NUMBER OF OPTIONS VESTING EVENT
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Date of Option Grant. The date of an Option grant shall be the date on which the Committee's determination to grant the same is final, or such later date as shall be specified by the Committee in connection with its determination; provided that the date of grant for an Option granted pursuant to Section 6.2 hereof shall be as specified in Section 6.
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Date of Option Grant. Name of Optionee (“you”, “your”, or “Optionee”): Number of Shares Covered by Option: Exercise Price per Share: $ Fair Market Value of a Share on Date of Option Grant: $ Expiration Date: This Option will expire earlier as a result of certain events, including your Termination of Service, as provided in this Agreement. Vesting Calculation Date:
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Date of Option Grant. This letter is dated ____________, but the Options shall be deemed to have been granted effective as of ____________. MEMC Electronic Materials, Inc. By:_____________________________________ Huston E. Sherrill Title: Corporate Vice President, Human Resources Exhibit A MEMC Electronic Materials, Inc. 1995 Equity Incentive Plan Stock Option Award Letter Agreement ____________ Participant Name: Number of Options: Exercise Price:
Sample 1
Date of Option Grant. As of June 1, 2010 Name and Address of Optionee: Roeland Baan Number of Shares Exercise Price FMV Stock Option 115,981 $ 29.76 Premium Stock Option 28,995 $ 44.64 Super-Premium Stock Option 28,995 $ 59.52 TOTAL 173,971
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Related to Date of Option Grant

  • Grant of Option The Corporation hereby grants to Optionee, as of the Grant Date, an option to purchase up to the number of Option Shares specified in the Grant Notice. The Option Shares shall be purchasable from time to time during the option term specified in Paragraph 2 at the Exercise Price.

  • Option Grant The Company hereby grants to the Optionee on the terms and conditions of this Agreement the right and the option (the “Option”) to purchase all or any part of shares of the Company’s Class A Common Stock at a purchase price of $ per share. The terms and conditions of the Option grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option is intended to be an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

  • Stock Option Grant Subject to the provisions set forth herein and the terms and conditions of the Plan, and in consideration of the agreements of the Participant herein provided, the Company hereby grants to the Participant an Option to purchase from the Company the number of shares of Common Stock, at the exercise price per share, and on the schedule, set forth above.

  • Award of Option This Agreement evidences the grant to the Optionee of an option (the “Option”) to purchase [ ] shares of the Company’s Common Stock (the “Option Shares”). The Option is subject to the terms set forth herein, and in all respects is subject to the terms and provisions of the Plan, which terms and provisions are incorporated herein by this reference. Except as otherwise specified herein or unless the context herein requires otherwise, the terms defined in the Plan will have the same meanings herein.

  • Grant of Options The Company hereby grants Optionee the right and option ("Option") to purchase the above described Twenty Million (20,000,000) shares of Common Stock, on the terms and conditions set forth herein and subject to the provisions of the Form S-8 registration statement in exchange for services provided by Employee to the Company, the options shall vest immediately upon the exercise hereof.

  • Xxxxx of Option The Plan Administrator of the Company hereby grants to the Optionee named in the Notice of Grant attached as Part I of this Agreement (the "Optionee") an option (the "Option") to purchase the number of Shares, as set forth in the Notice of Grant, at the exercise price per share set forth in the Notice of Grant (the "Exercise Price"), subject to the terms and conditions of the Plan, which is incorporated herein by reference. Subject to Section 15(c) of the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Option Agreement, the terms and conditions of the Plan shall prevail. If designated in the Notice of Grant as an Incentive Stock Option ("ISO"), this Option is intended to qualify as an Incentive Stock Option under Section 422 of the Code. However, if this Option is intended to be an Incentive Stock Option, to the extent that it exceeds the $100,000 rule of Code Section 422(d) it shall be treated as a Nonstatutory Stock Option ("NSO").

  • Period of Option Unless the Option is previously terminated pursuant to this Agreement, the term of the Option and this Agreement shall commence on the Date of Grant and shall terminate upon the tenth anniversary of the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

  • Vesting of Option The Option shall be 100% vested upon the date of grant.

  • NOTICE OF STOCK OPTION GRANT Name: Address: You have been granted an option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Award Agreement, as follows: Grant Number Date of Grant Vesting Commencement Date Exercise Price per Share $ Total Number of Shares Granted Total Exercise Price $ Type of Option: Incentive Stock Option Nonstatutory Stock Option Term/Expiration Date:

  • Stock Option Grants Executive will receive an annual grant of stock options during the term of this Agreement in a manner and under terms that are consistent with grants made to other executives of the Company.

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