Common use of Grant of Option Clause in Contracts

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the Corporation hereby grants to the Optionee the right and option (the "Option") to purchase all or any part of the Option Shares of the Corporation's common stock, $.01 par value per share (the "Common Stock"), which Option is not intended to qualify as an incentive stock option, as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the Corporation Company hereby grants to the Optionee the right and option (the "“Option"”) to purchase all or any part of the Option Shares of the Corporation's Company’s common stock, $.01 par value per share (the "“Common Stock"”), which Option is not intended to qualify as an incentive stock option, as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. Pursuant The Company has granted to the Plan Optionee the right, privilege and option (the “Option”) to purchase [Shares] shares (the “Option Shares”) of the Company’s common stock, $0.50 par value (the “Common Stock”), according to the terms and subject to the terms and conditions hereinafter set forth herein and therein, as set forth in the Corporation hereby grants to the Optionee the right and option (the "Option") to purchase all or any part of the Option Shares of the Corporation's common stock, $.01 par value per share (the "Common Stock"), which Plan. The Option is not intended to qualify as be an incentive stock option, as defined in option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the Corporation The Company hereby grants to the Optionee the right right, privilege and option (the "“Option"”) to purchase all or any part [NUMBER OF SHARES] shares (the “Option Shares”) of the Option Shares of the Corporation's Company’s common stock, $.01 0.01 par value per share (the "“Common Stock"”), which according to the terms and subject to the conditions hereinafter set forth and as set forth in the Plan. The Option is granted hereunder shall not intended to qualify as be an incentive stock option, as defined in option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the The Corporation hereby irrevocably grants to the Optionee the right and option (hereinafter called the "Option") to purchase all or any part of the Option Shares an aggregate of __________ shares of the Corporation's common stock, $.01 par value per share Common Stock (such number being subject to adjustment as provided in paragraph 7 hereof) on the "Common Stock"), which terms and conditions herein set forth. The Option is not intended by the parties hereto to qualify as be, and shall not be treated as, an incentive stock option, option (as such term is defined in under Section 422 of the Internal Revenue Code of 1986, as amended 1986 (hereinafter called the "Code")).

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the The Corporation hereby grants to the Optionee the right and option (the "Option") to purchase all or any part of an aggregate of one hundred thousand (100,000) Common Shares (subject to adjustment as provided in Paragraph 6 hereof) on the Option Shares of the Corporation's common stock, $.01 par value per share terms and conditions set forth herein (the "Common StockOption"), which . The Optionee acknowledges that the Option is not intended to qualify as an "incentive option" within the meaning of an "incentive stock option, as defined in option plan" and Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the Corporation The Company hereby grants to the Optionee the right right, privilege, and option (the "“Option"”) to purchase all or any part _______________ (______) shares (the “Option Shares”) of the Option Shares of the Corporation's Company’s common stock, $.01 0.0001 par value per share (the "“Common Stock"”), which according to the terms and subject to the conditions hereinafter set forth and as set forth in the Plan. The Option is not intended to qualify as be an “incentive stock option, ,” as defined that term is used in Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the 1.1 The Corporation hereby grants to the Optionee the right and option (the "Option") to purchase all or any part of the Option Shares an aggregate of ______ whole shares of Common Stock, par value $.01 per share, of the Corporation's common stock, $.01 par value per share Corporation (the "Common Stock"), which Option is not intended ) (such number being subject to qualify adjustment as an incentive stock option, as defined provided in Section 422 of 8 hereof) on the Internal Revenue Code of 1986, as amended terms and conditions set forth in this Agreement and in the Corporation's Stock Option Plan (the "CodePlan"), a copy of which has previously been provided to the Optionee.

Grant of Option. Pursuant to the Plan and subject Subject to the terms and conditions set forth herein and thereinherein, the Corporation hereby grants to the Optionee the right and option to purchase, in the aggregate, up to ______ shares of the Common Stock (the "OptionShares") which shall consist of treasury shares of Common Stock. The Option shall be deemed granted by the Corporation to purchase all or any part the Optionee as of the Grant Date. This Option Shares of is not granted pursuant to the Corporation's common stockCryoLife, $.01 par value per share Inc. Amended and Restated Non-Employees Directors Plan (the "Common Stock"), which Option is not intended to qualify as an incentive stock option, as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "CodePlan").

Grant of Option. Pursuant to the Plan and subject Subject to the terms and conditions set forth herein and therein, the Corporation hereby grants to the Optionee the right and option (the "Option") to purchase all or any part of the Option Shares of the Corporation's common stock, $.01 par value per share (the "Common Stock"), which Option is not intended to qualify as an incentive stock option, as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the The Corporation hereby grants to Optionee, as of the Optionee the right and Grant Date, an option to purchase up to ____________ shares of Common Stock (the "OptionOption Shares") to purchase all or any part of the ). The Option Shares shall be purchasable from time to time during the option term specified in Paragraph 2 at the price of the Corporation's common stock, $.01 par value __________ per share (the "Common Stock"), which Option is not intended to qualify as an incentive stock option, as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "CodeExercise Price").

Grant of Option. Pursuant to the Plan and subject Subject to the terms and conditions set forth herein and thereinhereof, the Corporation Company hereby grants to the Optionee the right and option to purchase from the Company up to, but not exceeding in the aggregate, ____ shares of the Company’s Common Shares, $____ par value (the "Option") to purchase all or any part “Common Shares”), at an exercise price of the Option Shares of the Corporation's common stock, $.01 par value ____ per share (the "Common Stock"“Option”), which . The Option is not intended to qualify as be an incentive stock option, as defined in option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the The Corporation hereby grants to the Optionee the right and a non-plan stock option (the "“Option"”) to purchase all or any part from the Corporation the total number of the Option Shares shares of the Corporation's common stock, $.01 0.001 par value per share share, of the Corporation set forth above in Section 1 as Total Option Shares (the "Common Stock"“Shares”) at the Exercise Price Per Share set forth above in Section 1 (the “Exercise Price”), which subject to all of the terms and conditions of this Agreement. This Option is not intended to qualify as an incentive shall constitute a nonqualified stock option, as defined in Section 422 option for purposes of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the The Corporation hereby grants to the Optionee the right and option (the "“Option"”) to purchase all or any part of up the number of shares (the “Option Shares Shares”) of the Corporation's ’s common stock, $.01 par value $1.00 per share (the "“Common Stock"Stock “), which set forth above, on the terms and conditions set forth in this Agreement and in the Plan. The purchase price of each Option is not intended to qualify as an incentive stock option, as defined in Section 422 of Share hereunder shall be the Internal Revenue Code of 1986, as amended (the "Code")Exercise Price Per Share set forth above.

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the The Corporation hereby grants to the Optionee the right and option (the "“Option"”) to purchase all or any part of the aggregate number of Common Shares set forth in the attached Stock Option Shares of Award Certificate, on the Corporation's common stock, $.01 par value per share (terms and conditions set forth in this Agreement and the "Common Stock"), which Plan. The Option is granted hereunder shall not intended to qualify as be an incentive stock option, as defined in option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the Corporation The Company hereby grants to the Optionee the right right, privilege, and option (the "Option") to purchase all or any part ___________ (_______) shares (the "Option Shares") of the Option Shares of the CorporationCompany's common stock, $.01 0.10 par value per share (the "Common Stock"), which according to the terms and subject to the conditions hereinafter set forth and as set forth in the Plan. The Option is not intended to qualify as be an "incentive stock option, ," as defined that term is used in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. Pursuant to the Plan and subject Subject to the terms and conditions set forth herein of this Agreement and thereinthe terms and conditions of the Plan, the Corporation Optionee is hereby grants to the Optionee granted the right and option (the "Option") to purchase from the Company all or any part of an aggregate of [SHARE AMOUNT] shares of Common Stock at the Option Shares exercise price of the Corporation's common stock, $.01 par value ____ per share (the "Common Stock"), which “Option”) under the Plan. The Option is shall not intended to qualify be treated as an incentive stock option, as defined in option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the 1.1 The Corporation hereby grants to the Optionee the right and option (the "Option") to purchase all or any part of the Option Shares an aggregate of Options whole shares of Common Stock, par value $.01 per share, of the Corporation's common stock, $.01 par value per share Corporation (the "Common Stock"), which Option is not intended ) (such number being subject to qualify adjustment as an incentive stock option, as defined provided in Section 422 of 8 hereof) on the Internal Revenue Code of 1986, as amended terms and conditions set forth in this Agreement and in the Corporation's Stock Option Plan (the "CodePlan"), a copy of which has previously been provided to the Optionee.

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the Corporation The Company hereby grants to the Optionee the right right, privilege, and option (the "“Option"”) to purchase all or any part _______________ (______) shares (the “Option Shares”) of the Option Shares of the Corporation's Company’s common stock, $.01 0.02 par value per share (the "“Common Stock"”), which according to the terms and subject to the conditions hereinafter set forth and as set forth in the Plan. The Option is not intended to qualify as be an “incentive stock option, ,” as defined that term is used in Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. Pursuant Subject to the provisions of this Agreement and to the Plan and subject to the terms and conditions set forth herein and thereinProvisions, the Corporation hereby grants to the Optionee the right and an option (the "Option") to purchase all or any part from the Corporation two hundred thousand (200,000) shares of the Option Shares of the Corporation's common stock, $.01 par value per share stock (the "Common StockOption Shares") at a price of one dollar ($1.00) per share, the fair market value (the "Exercise Price"), which . The Option is not intended by the parties hereto to qualify as be, and shall be treated as, an incentive stock option, option (as such term is defined in under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"amended).

Grant of Option. Pursuant Subject to the provisions of this Agreement and to the Plan and subject to the terms and conditions set forth herein and thereinProvisions, the Corporation hereby grants to the Optionee the right and an option (the "Option") to purchase all or any part from the Corporation one hundred fifty thousand (150,000) shares of the Option Shares of the Corporation's common stock, $.01 par value per share stock (the "Common StockOption Shares") at a price of one dollar ($1.00) per share, the fair market value (the "Exercise Price"), which . The Option is not intended by the parties hereto to qualify as be, and shall be treated as, an incentive stock option, option (as such term is defined in under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"amended).

Grant of Option. Pursuant Subject to the provisions of this Agreement and to the Plan and subject to the terms and conditions set forth herein and thereinProvisions, the Corporation hereby grants to the Optionee the right and an option (the "Option") to purchase all or any part from the Corporation ninety thousand (90,000) shares of the Option Shares of the Corporation's common stock, $.01 par value per share stock (the "Common StockOption Shares") at a price of one dollar ($1.00) per share, the fair market value (the "Exercise Price"), which . The Option is not intended by the parties hereto to qualify as be, and shall be treated as, an incentive stock option, option (as such term is defined in under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"amended).

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the The Corporation hereby grants to the Optionee the right and option (the "Option") to purchase all or any part of the Option Shares __________ shares of the Corporation's common stock, par value $.01 par value per share share, of the Corporation on the terms and conditions set forth in the Plan and herein (such number being subject to adjustment in accordance with the Plan) (the "Common StockOption Shares"), which . This Option is not intended to qualify as an incentive shall be a nonqualified stock option, as defined in Section 422 option within the meaning of the Internal Revenue Code of 1986, as amended (the "Code")amended, or any successor thereto.

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and thereinof this Agreement, the Corporation hereby grants to the Optionee the right and a nonqualified option (the "“Option"”) to purchase purchase, as provided in Section 3 hereof, all or any part of the Option Shares a total of the Corporation's common stock, $.01 par value per share 100,000 shares of Stock (the "Common Stock"“Option Shares”), which Option . This stock option is not intended to qualify as an incentive stock option, option as defined that term is described in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the The Corporation hereby grants to the Optionee the right and option (hereinafter the "Option") to purchase all or any part of an aggregate of ------------- shares of Common Stock (such number being subject to adjustment as hereinafter provided). The Optionee acknowledges that the Option Shares of the Corporation's common stock, $.01 par value per share (the "Common Stock"), which Option is not intended to qualify as an "incentive option" within the meaning of an "incentive stock option, as defined in option plan" and Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. Pursuant to the Plan Plan, and subject to the terms and conditions set forth herein and therein, the Corporation Company hereby grants to the Optionee the right and option (the "Option") to purchase all or any part an aggregate of _____ shares (the "Option Shares") of the Option Shares of the CorporationCompany's common stockCommon Stock, $.01 par value per share (the "Common Stock"), which Option is not intended to option does [not] qualify as an incentive stock option, as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the 1.1 The Corporation hereby grants to the Optionee the right and option (the "Option") to purchase all or any part of the Option Shares an aggregate of the Corporation's shares of common stock, $.01 par value per share share, of the Company (the "Common StockShares"), on the terms and conditions set forth in this Agreement and in the Plan, a copy of which Option is not intended has been provided to qualify as an incentive stock option, as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")Optionee.

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the Corporation The Company hereby grants to the Optionee the right right, privilege, and option (the "“Option"”) to purchase all or any part ( ) shares (the “Option Shares”) of the Option Shares of the Corporation's Company’s common stock, $.01 0.10 par value per share (the "“Common Stock"”), which according to the terms and subject to the conditions hereinafter set forth and as set forth in the Plan. The Option is not intended to qualify as be an “incentive stock option, ,” as defined that term is used in Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the Corporation The Company hereby grants to the Optionee the right right, privilege, and option (the "Option") to purchase all or any part ( ) shares (the "Option Shares") of the Option Shares of the Corporation's Company’s common stock, $.01 0.0001 par value per share (the "Common Stock"), which according to the terms and subject to the conditions hereinafter set forth and as set forth in the Plan. The Option is not intended to qualify as be an "incentive stock option, ," as defined that term is used in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the Corporation The Company hereby grants to the Optionee the right right, privilege, and option (the "“Option"”) to purchase all or any part ________ (_______) shares (the “Option Shares”) of the Option Shares of the Corporation's Company’s common stock, $.01 0.0001 par value per share (the "“Common Stock"”), which according to the terms and subject to the conditions hereinafter set forth and as set forth in the Plan. The Option is not intended to qualify as be an “incentive stock option, ,” as defined that term is used in Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. Pursuant to the Plan and subject to the terms and conditions set forth herein and therein, the Corporation The Company hereby grants to the Optionee the right right, privilege, and option (the "Option") to purchase all or any part ____ ( ) shares (the "Option Shares") of the Option Shares of the CorporationCompany's common stock, $.01 0.0001 par value per share (the "Common Stock"), which according to the terms and subject to the conditions hereinafter set forth and as set forth in the Plan. The Option is not intended to qualify as be an "incentive stock option, ," as defined that term is used in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").