Grant of Share Option. The Company grants to the Participant on the date set forth above (the “Date of Grant”) an option (the “Share Option”) to purchase, pursuant to and subject to the terms set forth in this Agreement and in the Plan, up to the number of Shares set forth above (the “Shares”) with an exercise price per Share as set forth above, in each case subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof. The Share Option evidenced by this Agreement is a non-statutory option (that is, an option that is not intended to qualify as an ISO) and is granted to the Participant in connection with the Participant’s Employment.
Grant of Share Option. 3.1 The Company hereby grants to the Option-holder an Option to acquire Shares in the Company in accordance with the provisions of Schedule 14 of Finance Act 2000.
Grant of Share Option. 1.1. In consideration of the fact that Optionee individually has made significant efforts to the development and implementation of business of the Company and its affiliates and continues to participate actively in Company’s daily activity and works for the Company benefit, the Company hereby grants to Optionee an option (the “Option”) to purchase, under the terms and conditions of this Agreement, certain part of the Company’s ordinary shares (the “Shares”) at an exercise price per share of [Specify the amount] (the “Per Share Exercise Price”).
Grant of Share Option. The Company hereby grants to the Optionee a non-qualified share option (the “Share Option”) to purchase all or any part of an aggregate ________________Shares, such number being subject to adjustment as provided in Paragraph 5 hereof, on the terms and conditions hereinafter set forth.
Grant of Share Option. Subject to and upon the terms, conditions, and restrictions set forth in this Agreement and in the Company's Second Amended and Restated 1998 Stock Option Plan (the "Plan"), the Company hereby grants to the Optionee a stock option (the "Option") to purchase 400,000 of the Company's Ordinary Shares (the "Optioned Shares"). The Option may be exercised from time to time in accordance with the terms of this Agreement. The price at which the Optioned Shares may be purchased pursuant to this Option shall be $____ per share, subject to adjustment as hereinafter provided (the "Option Price"). The Option is intended to be a nonqualified stock option and shall not be treated as an "incentive stock option" within the meaning of that term under Section 422 of the Code, or any successor provision thereto.
Grant of Share Option. The Company grants to the Participant on the date set forth above (the “Date of Grant”) an option (the “Share Option”) to purchase, pursuant to and subject to the terms set forth in this Agreement and in the Plan, up to the number of Shares set forth above (the “Shares”) with an exercise price per Share as set forth above, in each case subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof. The percentage of the Share Option that may be earned by the Participant will be determined in accordance with Section 2 below. The Share Option evidenced by this Agreement is a non-statutory option (that is, an option that is not intended to qualify as an ISO) and is granted to the Participant in connection with the Participant’s Employment.
Grant of Share Option. (a) The Company hereby grants to the Participant the right and option (the “Option”) to purchase up to, but not exceeding in the aggregate, Ordinary Shares/ADSs, on the terms and conditions set forth herein.
Grant of Share Option. Subject to and upon the terms, conditions, and restrictions set forth in this Agreement, Scottish Annuity hereby grants to the Optionee a stock option (the "Option") to purchase _______ of Scottish Annuity's Ordinary Shares (the "Optioned Shares"). The Option may be exercised from time to time in accordance with the terms of this Agreement. The price at which the Optioned Shares may be purchased pursuant to this Option shall be $____ per share, subject to adjustment as hereinafter provided (the "Option Price"). The Option is intended to be a nonqualified stock option and shall not be treated as an "incentive stock option" within the meaning of that term under Section 422 of the Internal Revenue Code of 1986, as amended, or any successor provision thereto.
Grant of Share Option. Subject to and upon the terms, conditions, and restrictions set forth in this Agreement and in the Company's Amended and Restated 1998 Stock Option Plan (the "Plan"), the Company hereby grants to the Optionee as of the Date of Grant a stock option (the "Option") to purchase _____________ of the Company's Ordinary Shares (the "Optioned Shares"). The Option may be exercised from time to time in accordance with the terms of this Agreement. The price at which the Optioned Shares may be purchased pursuant to this Option shall be $____________ per share subject to adjustment as hereinafter provided (the "Option Price"). The Option is intended to be a nonqualified stock option and shall not be treated as an "incentive stock option" within the meaning of that term under Section 422 of the Code, or any successor provision thereto.
Grant of Share Option. Company hereby grants to Grantee an irrevocable option (the "Share Option") to purchase for US$23.25 per share (the "Exercise Price") in cash up to 1,350,901 Common Shares (the "Shares"), provided, that in no event shall the number of Option Shares for which this Option is exercisable, when added to the number of Shares and Additional Shares subject to the option granted under the Voting and Option Agreement dated even date herewith between Company and certain of Company's shareholders exceed 19.9% of the number of Common Shares currently issued and outstanding. Notwithstanding the foregoing, if at any time that this Share Option is exercisable pursuant to the terms and conditions of this Agreement an Acquisition Proposal has theretofore been made for a per Share value (such value to be determined as of the close of the market on the trading day immediately prior to the date of the Exercise Notice) below the Exercise Price, then the Exercise Price as to 1,000 shares (as such 1,000 shares may be adjusted pursuant to Section 5) will be adjusted to be 90% of such per Share value (it being understood that such adjusted Exercise Price will not apply as to any other Option Shares).
