GRANT OPTION Clause Samples
GRANT OPTION. Centrum hereby grants to Employee the right and option to purchase from it, on the following terms and conditions, all or any part of an aggregate of Fifty Five Thousand Six Hundred Seventy One (55,671) shares of Centrum's common stock $.05 par value (the "Shares"). The purchase price for all Shares shall be $2.00 per share, exercisable and payable as hereinafter provided. The price per share represents the fair market value for these shares as of this date, as determined by Centrum's Board of Directors.
GRANT OPTION. Centrum hereby grants to Employee the right and option to purchase from it, on the following terms and conditions, all or any part of an aggregate of One Thousand Eight Hundred Ninety Eight (1,898) shares of Centrum's common stock $.05 par value (the "Shares"). The purchase price for all Shares shall be $2.00 per share, exercisable and payable as hereinafter provided. The price per share represents the fair market value for these shares as of this date, determined in accordance with the Performance Award Plan.
GRANT OPTION. ▇▇▇▇▇▇ hereby grants to ▇▇▇▇▇▇ the sole, exclusive and irrevocable right and option (the “Option”) to earn a one hundred (100%) percent right, title and interest in and to the Lahaina Property by:
GRANT OPTION. Pursuant to the provisions of the Company's 2002 Stock Option Plan (the "Plan"), the Company hereby grants to the Optionee, subject to the terms and conditions of the Plan, which terms and conditions are incorporated by reference herein, and subject further to the terms and conditions herein set forth, the right and option to purchase from the Company all or any part of an aggregate shares of Common Stock (no par value per share) of the Company (the "Common Stock") at the purchase price of $ per share (the "Option"), which purchase price is 100% of the fair market value of the Common Stock (as defined in the Plan) on the date of grant.
GRANT OPTION. On May 6, 2015 the CCLG of the Board of Lions Gate approved the grant to Employee of 33,333 Lions Gate restricted share units (the “Grant”) and the right to purchase 116,667 shares of Lions Gate common stock (the “Option”) in accordance with the terms and conditions of the 2012 Lions Gate Performance Incentive Plan (the “Plan”). The exercise price per share for the Option shall be the closing price (in regular trading) of Lions Gate common stock on the NYSE on the Award Date. The award date shall be May 5, 2015 (the “Award Date”). The Grant and Option shall be evidenced by and subject to the terms of an award agreement in the form generally then used by Lions Gate to evidence grants of restricted stock units and common stock under the Plan.
GRANT OPTION. ▇▇▇▇▇▇ hereby grants to ▇▇▇▇▇▇ the sole, exclusive and irrevocable right and option (the “Option”) to earn a one hundred (100%) percent right, title and interest in and to the Vicmarama Property by:
GRANT OPTION. ▇▇▇▇▇▇ hereby grants to ▇▇▇▇▇▇ the sole, exclusive and irrevocable right and option (the “Option”) to earn a one hundred (100%) percent right, title and interest in and to the ▇▇▇▇▇▇▇▇▇ Property by: