Common use of Grant of Option Clause in Contracts

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to Optionee the Optionee a non-qualified stock right and option under the Plan (the "Option") to purchase from the Company all or any part of an aggregate of Five Thousand (5,000) shares of the number of Shares set forth on the signature page to this Agreement Stock, on the terms and conditions hereinafter set forthforth herein. The This Option shall NOT not be treated as an incentive stock option under within the meaning of Section 422 422A(b) of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified incentive stock option under the Plan options (collectively, the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on shown at the signature page to end of this Agreement on the terms and conditions hereinafter set forth. The This Option shall NOT is intended to be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option Optionee, under the Plan and subject to the terms and conditions of the Plan, a stock option (the "“Option"”) to purchase all or any part of an aggregate of the number of Shares shares of Common Stock (the “Shares”) set forth below the Optionee’s name on the signature page to this Agreement hereto, on the terms and conditions hereinafter set forth. The Option granted hereunder shall NOT be treated as a nonstatutory stock option and is not intended to constitute an incentive stock option under Section section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. The Company hereby grants to the Optionee a non-qualified an incentive stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock the right and option under the Plan (the "Option") to purchase all or any part of an aggregate of 50,000 shares (the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth"Option") which Option is intended as a "nonqualified stock option". The Option shall NOT be treated is in all respects limited and conditioned as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")hereinafter provided. 2.

Grant of Option. The Company hereby grants to the Optionee a non-qualified an incentive stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on shown at the signature page to end of this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT This option is intended to be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee Grantee a non-qualified stock option under the Plan (the "Option") under the 2001 Plan to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Pursuant to the Plan, the Company hereby grants to the Optionee a non-qualified stock the right and option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares shares of Common Stock set forth on the signature page to this Agreement on Signature Page (the terms and conditions hereinafter set forth"Shares"). The Option shall NOT be treated is a nonqualified stock option that is not intended to qualify as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"), and this Agreement shall be so construed. The Company does not warrant any particular tax consequences of the Option.

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option under the Plan options (collectively, the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on shown at the signature page to end of this Agreement on the terms and conditions hereinafter set forth. The This Option shall NOT is not intended to be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby irrevocably grants to Employee the Optionee a non-qualified stock right and option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares shares of Stock set forth on above at the signature page option price indicated below (this “Option”), subject to this Agreement on the terms and conditions hereinafter set forthof this Agreement and the Plan. The This Option shall NOT not be treated as an incentive stock option under Section 422 within the meaning of section 422(b) of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. The Subject to the terms of this Agreement and Section 6.1 of the Plan, the Company hereby grants to Optionee the Optionee a non-qualified stock right and option under the Plan (the "Option") to purchase from the Company all or any part of an the aggregate of the number of Shares set forth on shares of Stock specified in the signature page to this Agreement on the terms and conditions hereinafter set forthGrant Notice (“Option”). The Option shall NOT granted under this Agreement is not intended to be treated as an incentive stock option “Incentive Stock Option” under Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. The Company hereby grants to the Optionee a non-qualified nonqualified stock option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of the shares of Common Stock (such number of Shares set forth on the signature page being subject to this Agreement adjustment as provided in Paragraph 6) on the terms and conditions hereinafter set forth. The Option shall NOT be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Subject to the terms and conditions set forth herein and in the Plan, the Company hereby grants to Optionee the Optionee Option to purchase any or all of the Shares. The Option hereby granted is an incentive stock option within the meaning of Section 422 of the Code. To the extent the Options fails to qualify as an incentive stock option because it exceeds the $100,000 limit of Section 422 of the Code it shall be a non-qualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")provided in applicable Treasury regulations.

Grant of Option. The Company hereby grants to Effective as of the date hereof, the Optionee a non-qualified stock is hereby granted an option under the Plan (the "Option") to purchase all or any part of an aggregate of the number __________ shares of Shares set forth on the signature page Stock, pursuant to this Agreement on the terms and conditions hereinafter set forthof this Agreement. The Option is not intended to be and shall NOT not be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number shares of Shares set forth on the signature page Common Stock (such number being subject to this Agreement adjustment as provided in Paragraph 6) on the terms and conditions hereinafter set forth. The Option shall NOT be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended forth (the "Code"“Option”).

Grant of Option. The Company hereby irrevocably grants to Employee the Optionee a non-qualified stock right and option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement shares of Stock, on the terms and conditions hereinafter set forthforth herein and in the Plan, which Plan is incorporated herein by reference as a part of this Agreement. The This Option shall NOT not be treated as an incentive stock option under Section 422 within the meaning of section 422(b) of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of the number of [number] Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock the option under the Plan (the "Option") to purchase all or any part or all of an aggregate of the number shares of Shares set forth on the signature page to this Agreement on its Class A Common Stock upon the terms and conditions hereinafter set forthforth in this Agreement and the Plan. The Such Option shall NOT not be treated as an incentive stock option under “Incentive Stock Option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "Option") to purchase from the Company all or any part of an the aggregate amount of _______ shares of Common Stock (the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth"Optioned Shares"). The Option is intended to constitute a non-qualified stock option and shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby grants to Optionee the Optionee a non-qualified stock option under the Plan (the "Option") Option to purchase all or any part of an aggregate of the number of Shares set forth on subject to the signature page to this Agreement Option on the terms and conditions hereinafter set forthforth in this Agreement. Optionee is entitled to purchase _______ Shares pursuant to the Option. The Option shall NOT is intended to be treated as a Nonstatutory Stock Option and not an incentive stock option under Incentive Stock Option within the meaning of Section 422 of the Internal Revenue Code of 1986Code. Nonstatutory Stock Option Agreement (Heart Test Laboratories, as amended (the "Code"Inc.).

Grant of Option. The Company hereby irrevocably grants to Employee the Optionee a non-qualified stock right and option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares shares of Stock set forth on above at the signature page to this Agreement option price indicated below, on the terms and conditions hereinafter set forthforth herein and in the Plan, which Plan is incorporated herein by reference as a part of this Agreement. The This Option shall NOT not be treated as an incentive stock option under Section 422 within the meaning of section 422(b) of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "“Option"”) to purchase from the Company all or any part of an the aggregate amount of ________ shares of Common Stock (the “Optioned Shares”) and the Optionee acknowledges receipt of the number grant of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forthOption. The Option is intended to constitute a nonstatutory stock option and shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby grants grants, subject to stockholder approval as set forth below, to the Optionee a non-qualified an incentive stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on shown at the signature page to end of this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT This option is intended to be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby irrevocably grants under the Plan and subject to the terms and conditions of the Plan to the Optionee a non-qualified stock option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option This option shall NOT not be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. The Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "Option") to purchase from the Company all or any part of an the aggregate amount of ________ shares of Common Stock (the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth"Optioned Shares"). The Option is intended to constitute a nonstatutory stock option and shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby irrevocably grants to Optionee the Optionee a non-qualified stock right and option under the Plan (the "“Option"”) to purchase all or any part of an the aggregate of the number of Shares set forth on the signature page to this Agreement shares of Company Stock stated above on the terms and conditions hereinafter set forthforth herein. The This Option shall NOT be treated is not intended to qualify as an incentive stock option under Section within the meaning of section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”). Reference in this Agreement to any section of the Code shall be deemed to include any amendments or successor provisions to such section and any regulations under such section.

Grant of Option. The Subject to the terms, conditions and provisions of the Plan and those hereinafter set forth, the Company hereby irrevocably grants to the Optionee a non-qualified stock option under the Plan Nonqualified Stock Option (the "“Option"”) to purchase all or any part Shares, subject to adjustment in accordance with the provisions of an aggregate Section 7 of the number of Shares set forth on the signature page to this Agreement on the terms Agreement. This Option is a nonqualified stock option and conditions hereinafter set forth. The Option shall NOT not be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock the right and option under the Plan (the "Option") to purchase all or any part of an aggregate of ___________ Shares, such Shares being subject to adjustment as provided in Section 9 of the number of Shares set forth on the signature page to this Agreement Plan, on the terms and conditions hereinafter therein set forth. The Option shall NOT is a Nonqualified Stock Option and is not intended to be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")Incentive Stock Option.

Grant of Option. The Pursuant to the Plan, the Company hereby grants to the Optionee a non-qualified stock as of the date thereof the option under the Plan (the "Option") to purchase all or any part of an aggregate of [Amount] shares of Stock (the number “Option”), subject to adjustment in accordance with Section 3(d) of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forthPlan. The Option shall NOT be treated is not intended to qualify as an incentive stock option under Section 422 422A of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option Optionee, under the Plan and subject to the terms and conditions of the Plan, a stock option (the "OptionOPTION") to purchase all or any part of an aggregate of the number of Shares shares of Common Stock (the "SHARES") set forth below the Optionee's name on the signature page to this Agreement hereto, on the terms and conditions hereinafter set forth. The Option granted hereunder shall NOT be treated as a nonstatutory stock option and is not intended to constitute an incentive stock option under Section section 422 of the Internal Revenue Code of 1986, as amended (the "CodeCODE").

Grant of Option. The Subject to the terms of this Agreement and Section 6.2 of the Plan, the Company hereby grants to Optionee the Optionee a non-qualified stock right and option under the Plan (the "Option") to purchase from the Company all or any part of an the aggregate of the number of Shares set forth on shares of Stock specified in the signature page to this Agreement on the terms and conditions hereinafter set forthGrant Notice (“Option”). The Option shall NOT granted under this Agreement is intended to be treated as an incentive stock option “Incentive Stock Option” under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby irrevocably grants to the Optionee Employee a non-qualified stock option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of shares of Common Stock (the number of Shares set forth on the signature page to this Agreement “Shares”) on the terms and conditions hereinafter set forth. The This Option shall NOT not be treated as an incentive stock option under Section 422 422A of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. The Company hereby irrevocably grants to Employee the Optionee a non-qualified stock right and option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares shares of Stock set forth on above at the signature page to this Agreement option price indicated below (the "Option"), on the terms and conditions hereinafter set forthforth herein and in the Plan, which Plan is incorporated herein by reference as a part of this Agreement. The This Option shall NOT not be treated as an incentive stock option under Section 422 within the meaning of section 422(b) of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on shown at the signature page to end of this Agreement on the terms and conditions hereinafter set forth. The Option This option shall NOT not be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Subject to the terms and conditions provided in this Agreement and the Plan, the Company hereby grants to the Optionee a non-qualified nonqualified stock option under to purchase all or part of «Shares_Granted» Shares of the Plan Company (the "Option") to at a per share purchase all or any part price of an aggregate «Option_Price», effective as of «Option_Date» (the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth"Grant Date"). The Option shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee Employee a non-qualified stock option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of the number of Shares shares of Common Stock as set forth on in the signature page attached Notice of Grant, subject to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT be treated as an incentive stock option under adjustment in accordance with Section 422 8 of the Internal Revenue Code of 1986, as amended (the "Code")Plan.

Grant of Option. The Company hereby irrevocably grants to Employee the Optionee a non-qualified stock right and option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of _______ shares of Stock at the number of Shares set forth on the signature page to this Agreement option price indicated below, on the terms and conditions hereinafter set forthforth herein and in the Plan, which is incorporated herein by reference as a part of this Agreement. The This Option shall NOT not be treated as an incentive stock option under within the meaning of Section 422 422(b) of the U.S. Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee Grantee a non-qualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of the number of [number] Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT be treated as an incentive stock option under Section 422 of , and the Internal Revenue Code of 1986, as amended (terms and conditions set forth in the "Code")Plan.

Grant of Option. The Company hereby grants to Optionee the Optionee a non-qualified stock right and option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of the number ________ shares of Shares set forth on the signature page to this Agreement Stock, on the terms and conditions hereinafter set forthforth in this Agreement and in the Plan. The Option shall NOT be treated as an “incentive stock option under Section 422 option” within the meaning of section 422(b) of the Internal Revenue Code of 1986, as amended (the "“Code"”), to the maximum extent permitted under the Code, and as a non-statutory stock option to the extent it exceeds the limitations imposed by the Code for incentive stock options.

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of 200,000 Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT be treated as an incentive stock option under Section 422 of , and the Internal Revenue Code of 1986, as amended (terms and conditions set forth in the "Code")Plan.

Grant of Option. The Company hereby irrevocably grants to Employee the Optionee a non-qualified stock right and option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of shares of Stock at the number of Shares set forth on the signature page to this Agreement option price indicated below, on the terms and conditions hereinafter set forthforth herein and in the Plan, which Plan is incorporated herein by reference as a part of this Agreement. The This Option shall NOT not be treated as an incentive stock option under within the meaning of Section 422 422(b) of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Subject to the terms and conditions of this Stock Option Agreement, the Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "Option") to purchase from the Company all or any part of an the aggregate amount of ______________ shares of Common Stock (the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth"Optioned Shares"). The Option is intended to constitute a nonstatutory stock option and shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Pursuant to the Plan, the Company hereby grants to the Optionee a non-qualified stock as of the date hereof the option under the Plan (the "Option") to purchase all or any part of an aggregate of [Amount] shares of Stock (the number “Option”), subject to adjustment in accordance with Section 3(d) of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forthPlan. The Option shall NOT be treated is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby grants to the Optionee a non-non- --------------- qualified stock option under the Plan (the "Option") to purchase all (or any part part) of an aggregate _________ shares of Common Stock (the number of Shares set forth on the signature page to this Agreement "Shares") on the terms and conditions hereinafter set forth. The Option This option shall NOT not be treated as an incentive stock option under Section 422 422A of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Subject to the terms of this Agreement and Section 7.1 of the Plan, the Company hereby grants to Optionee the Optionee a non-qualified stock right and option under the Plan (the "Option") to purchase from the Company all or any part of an the aggregate of the number of Shares set forth on shares of Stock specified in the signature page to this Agreement on the terms and conditions hereinafter set forthGrant Notice (“Option”). The Option shall NOT granted under this Agreement is not intended to be treated as an incentive stock option “Incentive Stock Option” under Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. The Company hereby grants to the Optionee a non-qualified an incentive stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of 60,000 Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option This option shall NOT be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants Subject to the Optionee terms and conditions of the Plan and this Agreement, the Participant was granted on the Grant Date the Option to purchase from the Corporation all or any part of the aggregate amount of ______ Shares (the "Optioned Shares"). The Option is intended to constitute a non-qualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock on the date of this Agreement the option under to purchase ________________ shares of Common Stock of the Plan Company (the "OptionOption Stock") subject to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forthherein. The Option shall NOT be treated This option is not granted as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified an incentive stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on shown at the signature page to end of this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT option is intended to be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Effective as of the date hereof, the Company hereby grants to the Optionee a non-qualified stock option under the Plan (the "Option") Option to purchase all or any part or all of an aggregate of the number [_______] shares of Shares set forth on the signature page to this Agreement on Common Stock upon the terms and conditions hereinafter set forthforth in this Agreement. The Option shall NOT be treated as subject in all respects to the provisions of this Agreement and of the Plan. The Option is not intended to be an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on shown at the signature page to end of this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT This option is intended to be treated as a non-qualified option which is not subject to the requirements of an incentive stock option under Section section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option under the Plan (the "Option") to purchase all (or any part part) of an aggregate _______ shares of Common Stock (the number of Shares set forth on the signature page to this Agreement "Shares") on the terms and conditions hereinafter set forth. The Option This option shall NOT not be treated as an incentive stock option under Section 422 422A of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Effective as of the date first written above, the Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "Option") to purchase all or any part of an aggregate of the number __________ shares of Shares set forth on the signature page Stock, pursuant to this Agreement on the terms and conditions hereinafter set forthof this Agreement. The Option is not intended to be and shall NOT not be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock Optionee, on the date of this Agreement, the option under to purchase ______ shares of Common Stock of the Plan Company (the "Option"“Option Stock”) subject to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forthherein contained, and subject only to adjustment in such number of shares as provided in Paragraph 7 below. The Option shall NOT be treated as option evidenced by this Agreement is intended to constitute a nonqualified stock option and not an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Subject to the terms and conditions provided in this Agreement and the Plan, the Company hereby grants to the Optionee a non-qualified nonqualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate «Shares_Granted» Shares of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended Company (the "Code"“Option”) at a per share purchase price of «Option_Price», effective as of «Option_Date» (the “Grant Date”).

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "Option") to purchase all or any part of an aggregate OPTION Common Shares of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forthCompany. The Option shall NOT be treated granted under the Plan. The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock Optionee, on the date of this Agreement, the option under to purchase _________ shares of Common Stock of the Plan Company (the "OptionOption Stock") subject to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forthherein contained, and subject only to adjustment in such number of shares as provided in Section 13 of the Plan. The Option shall NOT This option is a nonqualified stock option and will not be treated as an incentive stock option option, as defined under Section 422 422, or any successor provision, of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder.

Grant of Option. The Company hereby grants as of the Grant Date to the Optionee a non-qualified stock the right and option under the Plan (the "“Option"”) to purchase from the Company all or any part of an aggregate amount of ___shares of the number Stock of Shares set forth on the signature page to this Agreement Company on the terms and conditions hereinafter herein set forth. The Option shall NOT is intended to be treated as an “incentive stock option under option” as that term is defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to Optionee the Optionee a non-qualified stock right and option under the Plan (the "Option") to purchase all or any part of an aggregate of the number ___________ shares of Shares set forth on the signature page to this Agreement Stock, on the terms and conditions hereinafter set forthforth in this Agreement and in the Plan. The Option shall NOT be treated as an "incentive stock option under Section 422 option" within the meaning of section 422(b) of the Internal Revenue Code of 1986, as amended (the "Code"), to the maximum extent permitted under the Code, and as a non-statutory stock option to the extent it exceeds the limitations imposed by the Code for incentive stock options.

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option under the Plan (the "Option") under the 2000 Plan to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby irrevocably grants to Employee the Optionee a non-qualified stock right and option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of _______ shares of Stock at the number of Shares set forth on the signature page to this Agreement option price indicated below, on the terms and conditions hereinafter set forthforth herein and in the Plan, which Plan is incorporated herein by reference as a part of this Agreement. The This Option shall NOT not be treated as an incentive stock option under within the meaning of Section 422 422(b) of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option Optionee, under the Plan and subject to the terms and conditions of the Plan, a stock option (the "Option") to purchase all or any part of an aggregate of the number of Shares shares of Common Stock (the "Shares") set forth below the Optionee's name on the signature page to this Agreement hereto, on the terms and conditions hereinafter set forth. The Option granted hereunder shall NOT be treated as a nonstatutory stock option and is not intended to constitute an incentive stock option under Section section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Pursuant to, and subject to, the terms and conditions set forth herein and in the Plan, the Company hereby grants to the Optionee Participant a non-qualified stock option under the Plan (the "“Option"”) with respect to purchase all or any part shares of an aggregate common stock of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forthCompany (“Company Stock”). The Option shall NOT be treated as does not constitute an “incentive stock option under option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby grants to Optionee the Optionee a non-qualified stock right and option under the Plan (the "Option") to purchase all or any part of an aggregate of _______________ shares (the number "Shares") of Stock, such Shares set forth on the signature page being subject to this Agreement adjustment as provided in Paragraph 7 hereof, on the terms and conditions hereinafter herein set forth. The Option shall NOT is a Nonqualified Stock Option and is not intended to be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")Incentive Stock Option.

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "Option") to purchase all or any part of an aggregate ________ Common Shares of the number Company, subject to adjustment as provided in Section 5.3 of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forthPlan. The Option shall NOT be treated is granted under the Plan and is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock the right and option under (hereinafter called the Plan (the "“Option"”) to purchase from the Company all or any part of an aggregate amount of shares of the number of Shares set forth on Common Stock (the signature page to this Agreement “Shares”) on the terms and conditions hereinafter herein set forth. The Option shall NOT is intended to be treated as an “incentive stock option under option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (amended; however, to the "Code")extent that the Option does not so qualify with respect to the Optionee, then the Company shall treat this option as not so qualified and this Agreement shall represent a non-qualified option.

Grant of Option. The Subject to the terms and conditions provided in this Agreement and the Plan, the Company hereby grants to the Optionee a non-qualified nonqualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate 900,000 Shares of the number Company (the “Option”) at a per share purchase price of Shares set forth on «Option_Price», effective as of «Option_Date» (the signature page to this Agreement on the terms and conditions hereinafter set forth“Grant Date”). The Option shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. The Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "“Option"”) to purchase from the Company all or any part of an the aggregate amount of [Number of Shares] shares of Common Stock (the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth“Optioned Shares”). The Option is intended to constitute a nonqualified stock option and shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "Option") to purchase from the Company all or any part of an the aggregate amount of _________ shares of Common Stock (the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth"Optioned Shares"). The Option is intended to constitute a non-qualified stock option and shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of the number shares of Shares set forth on the signature page to this Agreement Common Stock on the terms and conditions hereinafter set forth. The Option shall NOT is not intended to be treated as an “incentive stock option under option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby irrevocably grants to the Optionee a nonNon-qualified stock option under the Plan Statutory Stock Option (the "“Option"”) to purchase all or any part of an aggregate of ( ) Shares (the number of Shares set forth on the signature page to this Agreement “Option Shares”) on the terms and conditions hereinafter set forth. The Option shall NOT is not intended to be treated as an “incentive stock option under option” as that term is used in Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth30,000 Shares. The Option is intended and shall NOT be treated as a nonqualified stock option and not as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option under the Plan (the "Option") Participant an Option to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement Shares, on the terms and conditions hereinafter set forthforth herein and in the Plan. The Option shall NOT be treated as is a non-qualified option and is not an incentive stock option under satisfying the requirements of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "Option") to purchase from the Company all or any part of an the aggregate amount of _____ shares of Common Stock (the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth"Optioned Shares"). The Option is intended to constitute a non-qualified stock option and shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended, or any successor provision thereto.

Grant of Option. The Subject to Optionee’s acknowledgement and agreement with Section 7, the Company hereby grants to the Optionee a non-qualified stock the right and option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of the number of Shares set forth on shares (the signature page to this Agreement “Option Shares”) on the terms and subject to all conditions hereinafter and limitations set forthforth herein and in the Plan, which is incorporated herein by reference. The Optionee acknowledges receipt of a copy of the Plan and acknowledges that the definitive records pertaining to the grant of this Option, and exercises of rights hereunder, shall be retained by the Company. The Option shall NOT granted herein is intended to be treated a Nonqualified Stock Option as an incentive stock option under Section 422 of defined in the Internal Revenue Code of 1986, as amended (the "Code")Plan. 2.

Grant of Option. The Company hereby grants to Optionee the Optionee a non-qualified stock right and option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of the number shares of Shares set forth on the signature page to this Agreement Stock, on the terms and conditions hereinafter set forthforth herein and in the Plan, which Plan is incorporated herein by reference as a part of this Agreement. The This Option shall NOT not be treated as an incentive stock option under Section 422 within the meaning of section 422(b) of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock as of --------------- the date hereof the option under the Plan (the "Option") to purchase all or any part of an aggregate of 5,000 shares of Stock (the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth"Option"). The Option shall NOT be treated is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Optionee an option (the “Option”) to purchase from the Company all or any part of the aggregate amount of 2,000 shares of Common Stock (the “Optioned Shares”). The Option is intended to constitute a non-qualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended, or any successor provision thereto.

Grant of Option. The Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Optionee an option (the “Option”) to purchase from the Company all or any part of the aggregate amount of ___________________ shares of Common Stock (the “Optioned Shares”). The Option is intended to constitute a non-qualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby grants to Optionee the Optionee a non-qualified stock right and option under the Plan (the "Option") to purchase all or any part of an aggregate of the number _________ shares of Shares set forth on the signature page to this Agreement Stock, on the terms and conditions hereinafter set forthforth in this Agreement and in the Plan. The Option shall NOT be treated as a non-statutory stock option and not as an "incentive stock option under Section 422 option" within the meaning of section 422(b) of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock an option under the Plan to purchase 87,500 shares of Stock (the "“Option"”) to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forthforth in this Agreement and as otherwise provided in the Plan. The Option is not intended to be treated, and shall NOT not be treated construed, as an incentive stock option under Section 422 of Incentive Stock Option (as defined in the Internal Revenue Code of 1986, as amended (the "Code"Plan).

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of the number shares of Shares set forth on the signature page to this Agreement Common Stock on the terms and conditions hereinafter set forth. The Option shall NOT is [not] intended to be treated as an “incentive stock option under option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Subject to the terms and conditions of the Plan and this Option Agreement, the Company hereby grants to the Optionee a non-qualified stock the option under to purchase 50,000 shares of the Plan Company's Common Stock (the "OptionShares") to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth). The Option shall NOT be treated Options granted hereunder are designated as an nonqualified stock options and the Options are not incentive stock option under options as described in Section 422 of the Internal Revenue Code of 1986, as may be amended (the "Code").

Grant of Option. The Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Optionee an option (the “Option”) to purchase from the Company all or any part of the aggregate amount of _______ shares of Common Stock (the “Optioned Shares”). The Option is intended to constitute a non-qualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Subject to the terms and conditions provided in this Agreement and the Plan, the Company hereby grants to the Optionee a non-qualified nonqualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate «Shares_Granted» Shares of the number Company (the “Option”) at a per share purchase price of Shares set forth on «Option_Price», effective as of «Option_Date» (the signature page to this Agreement on the terms and conditions hereinafter set forth“Grant Date”). The Option shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. The Subject to the terms of this Agreement and Section 6.1 of the Plan, the Company hereby grants to Optionee the Optionee a non-qualified stock right and option under the Plan (the "Option") to purchase from the Company all or any part of an the aggregate of the number of Shares set forth on shares of Stock specified in the signature page to this Agreement on the terms and conditions hereinafter set forthGrant Notice (“Option”). The Option shall NOT granted under this Agreement is not intended to be treated as an incentive stock option “Incentive Stock Option” under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants to Optionee the Optionee a non-qualified stock right and option under the Plan (the "Option") to purchase all or any part of an aggregate of the number ___________ shares of Shares set forth on the signature page to this Agreement Stock, on the terms and conditions hereinafter set forthforth in this Agreement and in the Plan. The Option shall NOT be treated as a non-statutory stock option and not as an "incentive stock option under Section 422 option" within the meaning of section 422(b) of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Subject to the terms and conditions provided in this Agreement and the Plan, the Company hereby grants to the Optionee a non-qualified nonqualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate 750,000 Shares of the number Company (the “Option”) at a per share purchase price of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth$ . . The Option shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "Option") to purchase all or any part of an aggregate 2,000 Common Shares of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forthCompany. The Option shall NOT be treated granted under the Plan. The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby irrevocably grants under the 2010 Plan and subject to the Optionee terms and conditions of the 2010 Plan to the Participant a non-qualified stock option under the Plan (the "“Option"”) to purchase all or any part of an aggregate of the number of [ ] Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option This option shall NOT not be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "“Code"”).

Grant of Option. The Company hereby irrevocably grants under the ----------------- Plan and subject to the terms and conditions of the Plan to the Optionee a non-qualified stock option under the Plan (the "Option") to purchase all or any part up to 15,000 shares (the "Shares") of an aggregate of the number of Shares set forth on the signature page to this Agreement Common Stock on the terms and conditions hereinafter set forth. The Option This option shall NOT not be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby grants as of the Grant Date to the Optionee a non-qualified stock the right and option under the Plan (the "“Option"”) to purchase from the Company all or any part of an aggregate amount of ___shares (the “Shares”) of the number Stock of Shares set forth on the signature page to this Agreement Company on the terms and conditions hereinafter herein set forth. The Option shall NOT is intended to be treated as an “incentive stock option under option,” as such term is defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Optionee a non-qualified stock an option under the Plan (the "Option") to purchase from the Company all or any part of an the aggregate amount of ___________ shares of Common Stock (the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth"Optioned Shares"). The Option is intended to constitute a nonqualified stock option and shall NOT not be treated as an incentive stock option under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The Option is not granted under a stock option plan of the Company and shall NOT be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby irrevocably grants under the Plan and subject to the terms and conditions of the Plan to the Optionee a non-qualified stock option under the Plan (the "Option") to purchase all or any part up to 5,000 shares (the "Shares") of an aggregate of the number of Shares set forth on the signature page to this Agreement Common Stock on the terms and conditions hereinafter set forth. The Option This option shall NOT not be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Company hereby irrevocably grants to the Optionee a non-qualified stock the right and option under the Plan (hereinafter called the "Option") to purchase all or any part of an aggregate of the SHARES of Common Stock (such number of Shares set forth on the signature page being subject to this Agreement adjustment as provided in Article 7 hereof) on the terms and conditions hereinafter herein set forth. The Optionee acknowledges that the Option shall is NOT be treated as an "incentive option" within the meaning of an "incentive stock option under plan" and Section 422 422A of the Internal Revenue Code of 1986Code, as amended (amended, and that it is being granted pursuant to the "Code")Plan.

Grant of Option. The Company hereby grants to the Optionee a non-qualified stock option under the Plan (the "Option") to purchase all or any part of an aggregate of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forth. The This Option is not granted under the Company's stock option plan and shall NOT not be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Grant of Option. The Pursuant to, and subject to, the terms and conditions set forth herein and in the Plan, the Company hereby grants to the Optionee Participant a non-qualified stock option under the Plan (the "Option") with respect to purchase all or any part ________ shares of an aggregate common stock of the number of Shares set forth on the signature page to this Agreement on the terms and conditions hereinafter set forthCompany ("Company Stock"). The Option shall NOT be treated as does not constitute an "incentive stock option under option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.