Common use of Initial Stock Option Grant Clause in Contracts

Initial Stock Option Grant. On the Effective Date, the Executive shall be granted an option (the “Initial Stock Option”) to purchase 250,000 shares of common stock of the Company (the “Common Stock”). The Initial Stock Option shall have:

Initial Stock Option Grant. On the Effective Date (the “Grant Date”), the Corporation will grant the Executive shall be granted an a nonqualified stock option (the “Initial Stock Option”) to purchase 250,000 Four Hundred and Fifty Thousand (450,000) shares of common stock of the Company (the “Common Stock”). The Initial Stock Option shall have:, $0.01 par value, of the

Initial Stock Option Grant. On the Effective Date, the Executive shall you will be granted an option (the “Initial Stock Option”) options to purchase 250,000 acquire 100,000 shares of common stock of the Company (the “Common Stock”"Options"). The Initial Stock Option shall have:Options will be non-qualified stock options