Common use of Grant of Option Clause in Contracts

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Thousand (11,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Ten Thousand (11,00010,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Two Hundred Thousand (11,000200,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Two Hundred Twenty-Five Thousand (11,000225,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Three Hundred Thousand (11,000300,000) shares of Common Shares Stock of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Two Hundred Fifty Thousand (11,000250,000) shares of Common Shares Stock of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Five Hundred Thousand (11,000500,000) shares of Common Shares Stock of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Fifteen Thousand (11,00015,000) shares of Common Shares Stock of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Two Thousand (11,0002,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Two Hundred Seventy-Five Thousand (11,000275,000) shares of Common Shares Stock of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Twenty Thousand (11,00020,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven One Hundred Thousand (11,000) Common Shares of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven One Hundred Thousand (11,000100,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Thousand Two Million (11,0002,000,000) shares of Common Shares Stock of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Thousand fifty thousand (11,00050,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Forty Thousand (11,00040,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Thousand One Million (11,0001,000,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Ten Thousand (11,00010,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Twenty Five Thousand (11,00025,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Thousand one hundred thousand (11,000100,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Thousand Fifty (11,00050,000) thousand Common Shares of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Twenty Thousand (11,00020,000) Common Shares of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven One Hundred Eighty-Eight Thousand Eight Hundred Sixty-Five (11,000188,865) shares of Common Shares Stock of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Fifteen Thousand (11,00015,000) Common Shares of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Thousand (11,000) fifteen thousand Common Shares of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Fifty Thousand (11,000) Common Shares of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Seven Hundred Fifty Thousand (11,000750,000) shares of Common Shares Stock of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Fifteen Thousand (11,00015,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Three Hundred Ten Thousand (11,000310,000) shares of the Common Shares Stock of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Twenty Thousand (11,00020,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Thousand three hundred fifty thousand (11,000350,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven One Hundred Fifty Thousand (11,000150,000) Common Shares of the Company (the "Option Shares") during the following periods:period(s):

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Thousand two hundred thousand (11,000200,000) Common Shares of the Company (the "Option Shares") during the following periods, subject to acceleration as provided in Section 6 hereof:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Two Hundred Fifty-Five Thousand Six Hundred Eighty-Nine (11,000255,689) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Thirty-Five Thousand (11,00035,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Ten Thousand (11,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Twenty-Five Thousand Five Hundred Sixty-Eight (11,00025,568) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Fifteen Thousand (11,00015,000) Common Shares of the Company (the "Option Shares") during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven One Hundred Thirty Thousand (11,000130,000) shares of Common Shares Stock of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Seventy Thousand (11,00070,000) Common Shares of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase up to Eleven Twenty Thousand (11,00020,000) Common Shares of the Company (the "“Option Shares"”) during the following periods:

Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to Eleven Thirty Thousand (11,000) Common Shares of the Company (the "Option Shares") during the following periods: