Common use of Grant of Non-Qualified Options Clause in Contracts

Grant of Non-Qualified Options. On the Grant Date, the Company irrevocably granted to the Optionee the right and option to purchase all or any part of 250,000 shares of authorized but unissued shares of common stock of the Company (the “Options”) on the terms and conditions herein set forth, and further subject to the terms and conditions of the Plan. The Optionee acknowledges receipt of or access to a copy of the Plan.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Geraci Joseph Anthony Ii), Non Qualified Stock Option Agreement (Mill City Ventures III, LTD)

AutoNDA by SimpleDocs

Grant of Non-Qualified Options. On the Grant Date, the Company irrevocably granted to the Optionee Optionee, as a matter of separate agreement and not in lieu of salary or other compensation for services, the right and option to purchase all or any part of 250,000 300,000 shares of authorized but unissued shares of or treasury common stock of the Company (the “Options”) on the terms and conditions herein set forth, and further subject to the terms and conditions of the Plan. The Optionee acknowledges receipt of or access to a copy of the Plan, as amended.

Appears in 1 contract

Samples: Employment Agreement (Aspen Group, Inc.)

Grant of Non-Qualified Options. On the Grant Date, the Company irrevocably granted to the Optionee Optionee, as a matter of separate agreement and not in lieu of salary or other compensation for services, the right and option to purchase all or any part of 250,000 1,500,000 shares of authorized but unissued shares of or treasury common stock of the Company (the “Options”) on the terms and conditions herein set forth, and further subject to the terms and conditions of the Plan. The Optionee acknowledges receipt of or access to a copy of the Plan, as amended.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Aspen Group, Inc.)

AutoNDA by SimpleDocs

Grant of Non-Qualified Options. On the Grant Date, the Company irrevocably granted to the Optionee Optionee, as a matter of separate agreement and not in lieu of salary or other compensation for services, the right and option to purchase all or any part of 250,000 100,000 shares of authorized but unissued shares of or treasury common stock of the Company (the “Options”) on the terms and conditions herein set forth, and further subject to the terms and conditions of the Plan. The Optionee acknowledges receipt of or access to a copy of the Plan, as amended. .

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Aspen Group, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.