Common use of DESCRIPTION OF YOUR NONQUALIFIED STOCK OPTION Clause in Contracts

DESCRIPTION OF YOUR NONQUALIFIED STOCK OPTION. You have been granted a Nonqualified Stock Option (“NSO”) to purchase [Number of Common Shares] Shares at an exercise price of $[Exercise Price] for each Share (“Exercise Price”) on or before [Day Prior to Tenth Anniversary of Grant Date] (“Expiration Date”). The Grant Date of the NSO is [Grant Date]. To accept this Award Agreement, you must return a signed copy of this Award Agreement no later than [Date 30 Days After Grant Date], to [Third Party Administrator] (the “Third Party Administrator”) as follows: [Third Party Administrator] Attention: [TPA Contact’s Name] [TPA Contact’s Address] [TPA Telephone Number]

Appears in 5 contracts

Samples: Nonqualified Stock Option Award Agreement (Scotts Miracle-Gro Co), Term Incentive Plan (Scotts Miracle-Gro Co), Scotts Miracle-Gro Co

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DESCRIPTION OF YOUR NONQUALIFIED STOCK OPTION. You have been granted a Nonqualified Stock Option (“NSO”) to purchase [Number of Common Shares] Shares at an exercise price of $[Exercise Price] for each Share (“Exercise Price”) on or before [Day Prior to Tenth Anniversary of Grant Date] (“Expiration Date”). The Grant Date of the NSO is [Grant Date]. To accept this Award Agreement, you must return a signed copy of this Award Agreement no later than [Date 30 Days After Grant Date], to [Third Party Administrator] (the “Third Party Administrator”) as follows: [Third Party Administrator] Attention: [TPA Contact’s Name] [TPA Contact’s Address] [TPA Telephone Number]

Appears in 1 contract

Samples: Scotts Miracle-Gro Co

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