IT IS AGREED. 1. Subject to the terms of the Plan and this Agreement, on , 200 (the “Date of Grant”), the Company hereby grants to the Optionee a nonqualified stock option (the “Option”) to purchase shares of the common stock of the Company, $.50 par value per share, at a price of $ per share, subject to adjustment as provided in the Plan. The Option is exercisable in accordance with the following schedule:
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Samples: Nonqualified Stock Option Agreement (Quanex Corp), Nonqualified Stock Option Agreement (Quanex Corp)
IT IS AGREED. 1. Subject to the terms of the Plan and this Agreement, on , 200 (the “Date of Grant”), the Company hereby grants to the Optionee a nonqualified stock option (the “Option”) to purchase shares of the common stock of the Company, $.50 par value per share, at a price of $ per share, subject to adjustment as provided in the Plan. The Option is fully exercisable in accordance with at all times until the following schedule:expiration of the Option.
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IT IS AGREED. 1. Subject to the terms of the Plan and this Agreement, on , 200 (DATE) (the “Date of Grant”), the Company hereby grants to the Optionee a nonqualified stock option (the “Option”) to purchase (# OF SHARES) shares of the common stock of the Company, $.50 par value per share, at a price of $ (PRICE PER SHARE) per share, subject to adjustment as provided in the Plan. The Option is immediately exercisable in accordance with the following schedule:whole or in part.
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