Grant of the Option Sample Clauses

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of that number of Shares set forth in the Notice, subject to adjustment from time to time pursuant to the provisions of Section 13 of the Plan. The purchase price per share of the Shares subject to the Option (the “Option Price”) shall be the “Exercise Price (Per Share)” set forth in the Notice, subject to adjustment from time to time pursuant to the provisions of Section 13 of the Plan. The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.
Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of Common Shares as indicated in the grant summary in the Freescale equity recordkeeping system (each a “Share” and collectively, the “Shares”). The purchase price of the Shares subject to the Option shall be at the price indicated in the grant summary in the Freescale equity recordkeeping system (the “Exercise Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Code.
Grant of the Option. The Company hereby grants to the Participant the right and option to purchase, pursuant to Section 6 of the Plan and the terms and conditions hereinafter set forth, all or any part of an aggregate of [ ] Shares, subject to adjustment as set forth in the Plan. The Option Price shall be $[PRICE] per share, which the Company and the Participant agree is not less than the Fair Market Value of the Shares as of the date hereof. The Option is granted pursuant to and is governed in all respects by the Plan. This Option is not intended to constitute an incentive stock option under Section 422 of the Code.
Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of ___________ (________) shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $1.00 per share.
Grant of the Option. The Company hereby grants (subject to the Participant’s execution of the Investors Agreement) to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of shares of Common Stock (each, a “Share” and collectively, the “Shares”). The purchase price of the Shares subject to the Option shall be $ per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Code and is granted to the Participant in substitution for an option (which option is hereby cancelled) held by the Participant to acquire shares of Freescale Semiconductor, Inc., a Delaware corporation (the “Old Option”), such substitution being made in accordance with Treasury Regulation Section 1.424-1 and Proposed Treasury Regulation 1.409A-1(5)(v). The material terms of the Old Option (which is attached hereto as Exhibit A) are deemed incorporated into this Option except with respect to the exercise price and the number and kind of shares which have been adjusted, or as otherwise expressly provided herein or in the Investors Agreement.
Grant of the Option. The grant of an Option generally will not result in the imposition of a tax under the federal income tax laws.
Grant of the Option. The Company hereby grants to the Grantee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of the number of Shares subject to the Option set forth on the signature page hereto, subject to adjustment as set forth in the Plan. The Exercise Price shall be as set forth on the signature page hereto. The Option is intended to be a nonqualified stock option, and is not intended to be treated as an incentive stock option that complies with Section 422 of the Code.
Grant of the Option. The Company hereby grants to the Participant the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of __________ Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $_____ per Share (the "Option Price").
Grant of the Option. For good and valuable consideration, the receipt of which is hereby acknowledged, the Company hereby grants to the Holder a stock option (the "Option") to acquire from the Company, from time to time on the terms and conditions set forth herein, all or any portion of an aggregate of Fifty Thousand (50,000) shares of the Company's $.002 par value common stock (the "Common Stock"), at the price of $.15 per share (the "Exercise Price"). Each of the number of shares of Common Stock into which the Common Stock is exercisable and the Exercise Price is subject to adjustment as provided in Section 4 hereof.