Common use of Grant of Option and Exercise Price Clause in Contracts

Grant of Option and Exercise Price. The Company grants to Grantee the option (the “Option”) to purchase shares of Common Stock at an exercise price of $ per share, the Fair Market Value of the Company’s Common Stock on the Date of Grant, subject to the terms and conditions of this Agreement and of the Plan, the provisions of which are incorporated into this Agreement by this reference.

Grant of Option and Exercise Price. The Company grants to Grantee the ---------------------------------- option (the “"Option”") to purchase 20,000 shares of Common Stock at an exercise price of $ per share8.13, the Fair Market Value fair market value of the Company’s Common 's common Stock on the Date of Grant, subject to the terms and conditions date of this Agreement and of the Plan, the provisions of which are incorporated into this Agreement by this referenceAgreement.