Common use of Grant of Option Clause in Contracts

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ [ # of shares ] shares of common stock of the Company (“Shares”) at an exercise price of $_________ [ share price at close of business day ] per Share. The Option shall become exercisable according to Paragraph Section 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee Participant a nonqualified stock option (the “Option”) to purchase ___________ [•] shares of common stock of Company Stock (each a “Share”, and together the Company (“Shares”) at an exercise price Exercise Price of $_________ [•] per Share. The Option shall become exercisable according to Paragraph Section 2 below.

Grant of Option. Subject to the terms and conditions set forth in this of Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ $ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. (a) Subject to the terms and conditions set forth in of this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified an incentive stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ $ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee Participant a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company Common Stock (“Shares”) at an exercise price Exercise Price of $_________ per Share. The Option shall become exercisable according to Paragraph Section 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the The Company hereby grants to the Grantee a nonqualified stock the right and option (the “"Option”") to purchase all or any part of an aggregate of _________________ shares of common stock of Shares on the Company (“Shares”) at an exercise price of $_________ per Shareterms and conditions and subject to all the limitations set forth herein and in the Plan, which is incorporated herein by reference. The Option shall become exercisable according to Paragraph 2 belowgranted hereby is a Non-Qualified Stock Option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. Subject to the terms and conditions set forth prescribed in this the Agreement and in pursuant to the provisions of the Plan, the Company hereby grants to Grantee as of the Grantee Grant Date a nonqualified stock option Non-Qualified Stock Option (the “"Option”") to purchase ____all or any part of _______ shares of voting common stock of the Company (“Shares”the "Stock") at an exercise price of $_________ per Share. The Option shall become exercisable according to Paragraph 2 belowshare (the "Exercise Price").

Grant of Option. (a) Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified an incentive stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ $ per Share. The Option shall become exercisable according to Paragraph Section 2 below.

Grant of Option. (a) Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ [ ] shares of common stock of the Company (“Shares”) Stock at an exercise price of $_________ [ ] per Shareshare of Company Stock. The Option shall become vested and exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option Nonqualified Stock Option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ per ShareShare (the “Exercise Price”). The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) [●] Shares at an exercise price Exercise Price of $_________ [●] per Share. The Option shall become exercisable according to Paragraph Paragraphs 2 and 3 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ per Share. The Option shall vest and become exercisable according to Paragraph 2 below. The Option is not intended to qualify and will not be treated as an Incentive Stock Option.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee Participant a nonqualified stock option (the “Option”) to purchase ___________ [●] shares of common stock of Company Stock (each a “Share”, and together the Company (“Shares”) at an exercise price Exercise Price of $_________ [●] per Share. The Option shall become exercisable according to Paragraph Section 2 below.

Grant of Option. (a) Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified Participant an incentive stock option (the “Option”) to purchase ___________ [•] shares of common stock of Company Stock (each a “Share”, and together the Company (“Shares”) at an exercise price Exercise Price of $_________ [•] per Share. The Option shall become exercisable according to Paragraph Section 2 below.

Grant of Option. (a) Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified an incentive stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ $ per Share. The Option shall become exercisable according to Paragraph Section 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the PlanAgreement, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ [ ] shares of common stock of the Company Stock (“Shares”) at an exercise a purchase price (the “Exercise Price”) of $_________ [ ]per Share. The Option shall become vested and exercisable according to Paragraph Section 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the PlanAgreement, the Company hereby grants to the Grantee a nonqualified stock option (the “"Option”") to purchase ___________ _____shares of common stock of the Company (“"Shares”") at an exercise price of $__________ per Share. The Option shall become exercisable according to Paragraph 2 3 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ $ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. (a) Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ [ ] shares of common stock of the Company (“Shares”) Stock at an exercise price of $_________ [$ ] per Shareshare of Company Stock. The Option shall become vested and exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement Stock Option Grant and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “"Option”") to purchase ___________ shares of common stock of the Company (“"Shares”") at an exercise option price of $_________ per Shareshare. The Option shall become vested and exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the PlanStock Option Agreement, the Company Company, with the approval and at the direction of the Committee, hereby grants to the Grantee a nonqualified stock option (the “Option”) Nonqualified Stock Option to purchase <<___________ >> shares of common stock of the Company (“Shares”) Common Stock at an exercise price of $_________ 3.58 per Shareshare (the “Option”) under the Plan. The Grantee hereby accepts the Option shall become exercisable according and agrees to Paragraph 2 belowbe bound by the terms and conditions of this Stock Option Agreement and the Plan with respect to the award.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company Stock (“Shares”) at an exercise price Exercise Price of $_________ $ per Share. The Option shall become vested and exercisable according to Paragraph Section 2 below.

Grant of Option. Subject to all of the terms terms, conditions and conditions set forth in provisions of the Plan and of this Agreement and in the PlanAgreement, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) under the Plan pursuant to which Grantee shall have the right and option to purchase ___________ from the Company all or any part of an aggregate of 500 shares of the common stock of the Company Company, $0.10 par value per share (the “SharesCommon Stock”) at an exercise price ), which shall consist of $_________ per Share. The Option shall become exercisable according to Paragraph 2 belowauthorized and unissued or treasury shares.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee Participant a nonqualified stock option Non-Qualified Stock Option (the “Option”) to purchase [___________ ] shares of common stock of the Company (“Shares”) at an exercise price of $[_________ ] per Share. The Option shall become vested and exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) [ ] Shares at an exercise option price of $_________ [ ] per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this --------------- Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “"Option”") to purchase ___________ shares of common stock of the Company (“"Shares”") at an exercise price Exercise Price of $_________ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. (a) Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ a maximum of [# OPTIONS] shares of common stock of the Company (“Shares”) at an exercise price of $_________ [PRICE] per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. (A) Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified an incentive stock option (the “"Option”") to purchase ___________ shares of common stock of the Company (“"Shares”") at an exercise option price of $_________ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in of this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ $ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this of Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to all of the terms terms, conditions and conditions set forth in provisions of the Plan and of this Agreement and in the PlanAgreement, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) under the Plan pursuant to which Grantee shall have the right and option to purchase ___________ from the Company all or any part of an aggregate of shares of the common stock of the Company Company, $0.10 par value per share (the “SharesCommon Stock”) at an exercise price ), which shall consist of $_________ per Share. The Option shall become exercisable according to Paragraph 2 belowauthorized and unissued or treasury shares.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company Stock (“Shares”) at an exercise price of $_________ per Share. The Option shall become exercisable according to Paragraph 2 belowShare (the “Strike Price”).

Grant of Option. (a) Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified an incentive stock option (the “"Option”") to purchase ___________ 187,500 shares of common stock of the Company (“"Shares”") at an exercise price of $_________ per Share. , [which will be the fair market value of the Company's stock as of the grantee's first date of employment, May 15, 2002.] The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option Nonqualified Stock Option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ $ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Inducement Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) [●] Shares at an exercise price Exercise Price of $_________ [●] per Share. The Option shall become exercisable according to Paragraph Paragraphs 2 and 3 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ 800,000 shares of common stock of the Company (“Shares”) at an exercise price of $_________ $ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject Pursuant to the terms and conditions of the Plan and as set forth in this Agreement and in the PlanAgreement, the Company hereby grants to the Grantee a nonqualified stock Participant an option (the “Option”) to purchase _____________ (_______) shares of common stock Common Stock of the Company (“Option Shares”) at an exercise a price of $_______________ ($_____) per Shareshare (the “Option Price”), subject to the satisfaction of vesting and exercisability conditions and other limitations imposed by the Plan and this Agreement. The Option Shares shall become exercisable according to Paragraph 2 be payable upon exercise and payment of the Option Price as set forth in Section 8 and Section 9 below, respectively.

Grant of Option. Subject to the terms and conditions set forth in this Agreement, the Employment Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ per Share. The Option shall become exercisable according to Paragraph 2 Section ‎2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ [Granted: Options Granted] shares of common stock of the Company Common Stock (“Shares”) at an exercise price of $_________ [Price: Option Price] per ShareShare (the “Grant”). The Option shall vest and become exercisable according to Paragraph 2 below. The Option is not intended to qualify and will not be treated as an Incentive Stock Option.

Grant of Option. (a) Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ [# OPTIONS] shares of common stock of the Company (“Shares”) at an exercise price of $_________ [PRICE] per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option Non-Qualified Stock Option (the “Option”) to purchase ___________ the shares of common stock of the Company (“Shares”) at an a specified exercise price of $_________ per Share. Share set forth on Schedule A. The Option shall become exercisable according to Paragraph Section 2 below.

Grant of Option. (a) Subject to the terms and conditions set forth in of this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified an incentive stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ $ per Share. The Option shall vest and become exercisable according to Paragraph 2 below. The Option is not intended to qualify and will not be treated as an Incentive Stock Option.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock an option (the “"Option”") to purchase ___________ shares of common stock of the Company (“"Shares”") at an exercise price of $_________ per Share. The Option shall become exercisable according to in accordance with the terms of Paragraph 2 below. The Option shall be a Nonqualified Stock Option, within the meaning of the Plan.

Grant of Option. Subject to all of the terms terms, conditions and conditions set forth in provisions of the Plan and of this Agreement and in the PlanAgreement, the Company hereby grants to the Grantee a nonqualified stock an option (the “Option”) under the Plan pursuant to which Optionee shall have the right and option to purchase ___________ from the Company all or any part of an aggregate of shares of the common stock of the Company Company, $0.10 par value per share (the “SharesCommon Stock”) at an exercise price ), which shall consist of $_________ per Share. The Option shall become exercisable according to Paragraph 2 belowauthorized and unissued or treasury shares.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ per Share. The Option shall become exercisable according to Paragraph 2 below and its term shall be as set forth in Paragraph 3 below. In no event, however, will the Option expire later than the Termination Date (as defined below in Paragraph 3).

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase [___________ ] shares of common stock of the Company Stock (“Shares”) at an exercise price Exercise Price of $[_________ ] per Share. The Option shall become vested and exercisable according to Paragraph Section 2 below.

Grant of Option. Subject to the terms and conditions set forth in this of Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. (a) Subject to the terms and conditions set forth in this Agreement and in the PlanPlan and subject to shareholder approval of the Plan changes discussed above, the Company hereby grants to the Grantee a nonqualified an incentive stock option (the “"Option”") to purchase ___________ 112,500 shares of common stock of the Company (“"Shares”") at an exercise price of $_________ per Share. , [which will be the fair market value of the Company's stock as of the grantee's first date of employment, May 15, 2002.] The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. (a) Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified an incentive stock option (the “"Option”") to purchase ___________ shares of common stock of the Company (“"Shares”") at an exercise price Exercise Price of $_________ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company Common Stock (“Option Shares”) at an exercise price of $_________ per Option Share, which represents the fair market value on the date of grant. The Option shall become exercisable according to Paragraph Section 2 below.

Grant of Option. (a) Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock an option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ $ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ <OPTION SHARES> shares of common stock of the Company (“Shares”) at an exercise price of $_________ <EXERCISE PRICE> per Share. The Option shall become exercisable according to Paragraph Section 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ $ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option Nonqualified Stock Option (the “"Option”") to purchase ___________ shares of common stock of the Company (“"Shares”") at an exercise price of $_________ per Share. The Option shall become exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement Grant Instrument and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ______________ shares of common stock of the Company (“Shares”) at an exercise price of $__________ per Share. The Option shall become vested and exercisable according to Paragraph 2 below.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ «Options_Granted» shares of common stock of the Company (“Shares”) at an exercise price of $_________ «Option_Price» per Share. The Option shall vest and become exercisable according to Paragraph 2 below. The Option is not intended to qualify and will not be treated as an Incentive Stock Option.

Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified an incentive stock option (the “Option”) to purchase ___________ shares of common stock of the Company (“Shares”) at an exercise price of $_________ per Share. The Option shall become exercisable according to Paragraph Section 2 below.

Grant of Option. Subject to the terms and conditions of the Plan and the terms and conditions set forth in this Agreement and in the PlanAgreement, the Company hereby grants to the Grantee a nonqualified stock the option (the “Option”) to purchase ___________ shares of common stock all or any part of the Company (“Option Shares”) . The price at an exercise price of $___which the Option Shares may be acquired is ______ per Shareshare, which equals or exceeds the Fair Market Value per share of Stock on the Effective Date. The Option shall become exercisable according option granted pursuant to Paragraph 2 belowthis Agreement is a Nonqualified Option.

Grant of Option. Subject to the terms and conditions set forth in of this Agreement and in the Plan, the Company hereby grants to the Grantee a nonqualified stock option (the “Option”) to purchase ___________ 1,000,000 shares of common stock of the Company (“Shares”) at an exercise price of $_________ 0.05 per Share. The Option shall become exercisable according to Paragraph 2 below.