Common use of Grant of the Option Clause in Contracts

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").

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Autocam International LTD), Nonqualified Stock Option Agreement (Autocam International LTD), Stockholders' Agreement (Autocam International LTD)

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 __________ 87,000 Common Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $_____ 18.30 per Share (the "Option Exercise Price").

Appears in 1 contract

Samples: Award Agreement (Penn Traffic Co)

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 __________ the number of shares subject to the option as set forth above (the "Option Shares"), subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $_____ the exercise price per Share share as set forth above (the "Option Price").Exercise

Appears in 1 contract

Samples: Agreement (Cnet Networks Inc)

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 $_____ 20.00 per Share (the "Option Exercise Price").

Appears in 1 contract

Samples: Stock Option Agreement (Esg Re LTD)

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 __________ 87,000 Common Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $_____ 8.75 per Share (the "Option Exercise Price").

Appears in 1 contract

Samples: Award Agreement (Penn Traffic Co)

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 __________ SharesShares (the ‘‘Option’’), 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"’’).

Appears in 1 contract

Samples: Nonqualified Share Option Agreement (Aspen Insurance Holdings LTD)

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 __________ 240,000 Common Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $_____ 18.30 per Share (the "Option Exercise Price").

Appears in 1 contract

Samples: Award Agreement (Penn Traffic Co)

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 __________ 360,000 Common Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $_____ 18.30 per Share (the "Option Exercise Price").

Appears in 1 contract

Samples: Award Agreement (Penn Traffic Co)

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 __________ 240,000 Common Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $_____ 8.75 per Share (the "Option Exercise Price").

Appears in 1 contract

Samples: Award Agreement (Penn Traffic Co)

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 __________ 130,000 Common Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $_____ 18.30 per Share (the "Option Exercise Price").

Appears in 1 contract

Samples: Award Agreement (Penn Traffic Co)

Grant of the Option. The Company hereby grants to the Participant Optionee the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forthforth herein, all or any part of an aggregate of __________ 50,000 Shares (the "Option Shares"), subject to adjustment as set forth in the Plan. The purchase price of the Option Shares subject to the Option shall be $_____ 51.80 per Share (the "Option Exercise Price"). The Option is intended to be treated as a Non-Qualified Option. Subject to the restrictions, and under the circumstances described in the Plan, the Company shall adjust the number and kind of Option Shares and the Exercise Price in accordance with the provisions of the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Spectrasite Inc)