Common use of GRANT OF OPTION; OPTION TERM Clause in Contracts

GRANT OF OPTION; OPTION TERM. Subject to the terms and conditions herein, the Company grants to the Grantee during the period commencing on the Effective Grant Date and expiring at 5:00 p.m., Denver, Colorado time ("Close of Business") on July 11, 2007, the tenth anniversary of the Effective Grant Date (the "Option Term"), subject to earlier termination as provided in paragraphs 9 and 13(b) below, an option to purchase from the Company, at the price per share set forth on Schedule 1 hereto (the "Series A Stock Option Price"), the number of shares of Series A Common Stock of the Company ("Series A Stock") set forth on said Schedule 1 (the "Series A Stock Option Shares"). The Series A Stock Option Price and Series A Stock Option Shares are subject to adjustment pursuant to paragraph 13 below. This option is as a "Nonqualified Stock Option" and is hereinafter referred to as the "Series A Stock Option".

Appears in 5 contracts

Samples: Non Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc), Non Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc), Non Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc)

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GRANT OF OPTION; OPTION TERM. Subject to the terms and conditions herein, the Company grants to the Grantee during the period commencing on the Effective Grant Date and expiring at 5:00 p.m., Denver, Colorado time ("Close of Business") on July 11, 2007, the tenth anniversary of the Effective Grant Date (the "Option Term"), subject to earlier termination as provided in paragraphs 9 8 and 13(b12(b) below, an option to purchase from the Company, at the price per share set forth on Schedule 1 hereto (the "Series A Stock Option Price"), the number of shares of Series A Common Stock of the Company ("Series A Stock") set forth on said Schedule 1 (the "Series A Stock Option Shares"). The Series A Stock Option Price and Series A Stock Option Shares are subject to adjustment pursuant to paragraph 13 12 below. This option is as a "Nonqualified Stock Option" and is hereinafter referred to as the "Series A Stock Option".

Appears in 2 contracts

Samples: Non Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc), Non Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc)

GRANT OF OPTION; OPTION TERM. Subject to the terms and conditions herein, the Company grants to the Grantee during the period commencing on the Effective Grant Date and expiring at 5:00 p.m., Denver, Colorado time ("Close of Business") on July 11_________, 2007, the tenth anniversary of the Effective Grant Date (the "Option Term"), subject to earlier termination as provided in paragraphs 9 8 and 13(b12(b) below, an option to purchase from the Company, at the price per share set forth on Schedule 1 hereto (the "Series A Stock Option Price"), the number of shares of Series A Common Stock of the Company ("Series A Stock") set forth on said Schedule 1 (the "Series A Stock Option Shares"). The Series A Stock Option Price and Series A Stock Option Shares are subject to adjustment pursuant to paragraph 13 12 below. This option is as a "Nonqualified Stock Option" and is hereinafter referred to as the "Series A Stock Option".

Appears in 1 contract

Samples: Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc)

GRANT OF OPTION; OPTION TERM. Subject to the terms and conditions herein, the Company grants to the Grantee during the period commencing on the Effective Grant Date and expiring at 5:00 p.m., Denver, Colorado time ("Close of Business") on July 11_________, 2007, the tenth anniversary of the Effective Grant Date (the "Option Term"), subject to earlier termination as provided in paragraphs 9 and 13(b) below, an option to purchase from the Company, at the price per share set forth on Schedule 1 hereto (the "Series A Stock Option Price"), the number of shares of Series A Common Stock of the Company ("Series A Stock") set forth on said Schedule 1 (the "Series A Stock Option Shares"). The Series A Stock Option Price and Series A Stock Option Shares are subject to adjustment pursuant to paragraph 13 below. This option is as a "Nonqualified Stock Option" and is hereinafter referred to as the "Series A Stock Option".

Appears in 1 contract

Samples: Non Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc)

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GRANT OF OPTION; OPTION TERM. Subject to the terms and conditions herein, the Company grants to the Grantee during the period commencing on the Effective Grant Date and expiring at 5:00 p.m., Denver, Colorado time ("Close of Business") on July 11_________, 2007, the tenth anniversary of the Effective effective Grant Date (the "Option Term"), subject to earlier termination as provided in paragraphs 9 8 and 13(b12(b) below, an option to purchase from the Company, at the price per share set forth on Schedule 1 hereto (the "Series A Stock Option Price"), the number of shares of Series A Common Stock of the Company ("Series A Stock") set forth on said Schedule 1 (the "Series A Stock Option Shares"). The Series A Stock Option Price and Series A Stock Option Shares are subject to adjustment pursuant to paragraph 13 12 below. This option is as a "Nonqualified Stock Option" and is hereinafter referred to as the "Series A Stock Option.".

Appears in 1 contract

Samples: Non Qualified Stock Option and Stock Appreciation Rights Agreement (Tci Music Inc)

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