NOTICE OF GRANT OF STOCK OPTIONS Sample Clauses

NOTICE OF GRANT OF STOCK OPTIONS. Name No. of Options Exercise Price Expiration Date Vesting
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NOTICE OF GRANT OF STOCK OPTIONS. Optionee: Xxxxx Xxxxxxx Xxxxx Date: February ___, 2007 Number of Shares Subject To The Option: 300,000 (NQO’s) Strike Price Per Share: $______ Vesting: February 9, 2008 Expiration Date: February 8, 2014 EXHIBIT 2 FORM OF NOTICE OF EXERCISE Administrator of 2004 Stock Option and Restricted Stock Plan c/o Office of the Corporate Secretary Arkados Group, Inc. 000 Xxx Xxx Xxxxxxxxx Xxxx, 0xx Xxxxx Xxxxxxxxxx, XX 00000 Gentlemen: I hereby exercise the Stock Option granted to me on February 9, 2007, by Arkados Group, Inc. (the “Company”), subject to all the terms and provisions thereof and of the Arkados Group, Inc. 2004 Stock Option and Restricted Stock Plan (the “Plan”), and notify you of my desire to purchase ____________ shares of Common Stock of the Company at a price of $___________ per share pursuant to the exercise of said Option. This will confirm my understanding with respect to the shares to be issued to me by reason of this exercise of the Option (the shares to be issued pursuant hereto shall be collectively referred to hereinafter as the “Shares”), unless such exercise occurs after a registration statement is filed and effective, as follows:
Sample 1
NOTICE OF GRANT OF STOCK OPTIONS. Subject to Closing, Purchaser will grant Seller an option to purchase shares of the Company’s Common Stock (“Stock Options Grant”) in accordance with the Purchaser's 2020 Equity Award Plan (the “Plan”) and with the following key terms: Option holder:
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NOTICE OF GRANT OF STOCK OPTIONS and Option Agreement CorVel Corporation ID: 30-0000000 2000 Xxxx Xxxxxx Xxxxx 000 Xxxxxx, Xxxxxxxxxx 00000 You have been granted an option to acquire CorVel Corporation (the “Corporation”) common stock (the “Common Stock”) as follows: Non-Qualified Stock Option Grant No 00 Date of Grant Stock Option Plan 1988 Option Price Per Share $ — Total Number of Shares Granted — Total Price of Shares Granted $ 000000.00 Expiration Date — Provided you continue to be a Service Provider (as defined in the Stock Option Agreement attached hereto as Exhibit A) throughout the specified period, the Option will become exercisable with respect to (i) 25% of the Optioned Shares one year from the Grant Date, and (ii) the balance of the Optioned Shares in a series of equal monthly installments for each complete month of service over the 3 year period thereafter. Optionee (and Optionee’s spouse) hereby agree(s) that the option is granted pursuant to and in accordance with the express terms and conditions of the Stock Option Agreement and the Corporation’s Restated Omnibus Incentive Plan (formerly the 1988 Executive Stock Option Plan, which is described in the Plan Summary and Prospectus attached hereto as Exhibit B). Optionee CorVel Corporation Date Date
Sample 1
NOTICE OF GRANT OF STOCK OPTIONS. The Notice shall specify the date of grant (the “Grant Date”), the Option price (the “Exercise Price”), the number of shares granted to the Employee, the expiration date of the Option, the vesting schedule of the Option, and the type of Option, specifying whether the grant is for non-qualified stock options (“NQ”) or incentive stock options (“ISO”). The ISO only applies to Employees in the United States and is intended to qualify as an incentive stock option within the meaning of Sexxxxx 000 xx xxx Xxxxxx Xxxxxx Xnternal Revenue Code of 1986, as amended. The Notice is incorporated herein by reference and the terms of this Agreement are incorporated by reference in the Notice.
Sample 1
NOTICE OF GRANT OF STOCK OPTIONS. The Notice shall specify the date of grant (the “Grant Date”), the Option price (the “Exercise Price”), the number of shares granted to the Employee, the expiration date of the Option, the vesting schedule of the Option, and that the grant is for non-qualified stock options (“NQ”). The Notice is incorporated herein by reference and the terms of this Agreement are incorporated by reference in the Notice.
Sample 1

Related to NOTICE OF GRANT OF STOCK OPTIONS

  • Grant of Stock Options This non-qualified Stock Option is granted under and pursuant to the Plan and is subject to each and all of the provisions thereof.

  • Grant of Stock Option The Company grants to Employee the right and option (hereinafter referred to as the "Option") to purchase all or any part of up to ________ shares of the Company's Common Stock (the "Option Shares") on the terms and conditions set forth below and in the Plan.

  • NOTICE OF STOCK OPTION GRANT Name: Address: You have been granted an option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Award Agreement, as follows: Grant Number Date of Grant Vesting Commencement Date Exercise Price per Share $ Total Number of Shares Granted Total Exercise Price $ Type of Option: Incentive Stock Option Nonstatutory Stock Option Term/Expiration Date:

  • Exercise of Stock Options If stock options granted in connection with a Stock Incentive Plan are exercised:

  • Stock Option Grant Subject to the provisions set forth herein and the terms and conditions of the Plan, and in consideration of the agreements of the Participant herein provided, the Company hereby grants to the Participant an Option to purchase from the Company the number of shares of Common Stock, at the exercise price per share, and on the schedule, set forth above.

  • Stock Option Grants Executive will receive an annual grant of stock options during the term of this Agreement in a manner and under terms that are consistent with grants made to other executives of the Company.

  • Vesting of Stock Options All unvested stock options held by Executive, if any, shall vest immediately upon a Change of Control Termination as defined in Section 6.1.2. Executive may exercise such options in accordance with the terms and conditions of the stock option plan and the agreement pursuant to which such options were granted.

  • Exercise of Stock Option (a) The Optionee may exercise this Option only in the following manner: from time to time on or prior to the Expiration Date of this Option, the Optionee may give written notice to the Board of Directors or its authorized committee (the “Administrator”) of his or her election to purchase some or all of the vested Option Shares purchasable at the time of such notice. This notice shall specify the number of Option Shares to be purchased. Payment of the Stock Option purchase price for the Option Shares may be made by one or more of the following methods: (i) in cash, by certified or bank check or other instrument acceptable to the Administrator; (ii) in the form of shares of Stock that are not then subject to restrictions under any Company plan and that have been held by the Optionee for at least six months prior to the exercise date; or (iii) by the Optionee delivering to the Company a properly executed exercise notice together with irrevocable instructions to a broker to promptly deliver to the Company cash or a check payable and acceptable to the Administrator to pay the Stock Option purchase price, provided that in the event the Optionee chooses to pay the Stock Option purchase price as so provided in this subsection (iii), the Optionee and the broker shall comply with such procedures and enter into such agreements of indemnity and other agreements as the Administrator shall prescribe as a condition of such payment procedure. Payment instruments will be received subject to collection. The delivery of certificates representing the Option Shares will be contingent upon the Company’s receipt from the Optionee of full payment for the Option Shares, as set forth above and any agreement, statement or other evidence that the Administrator may require to satisfy itself that the issuance of Stock to be purchased pursuant to the exercise of Options under the Plan and any subsequent resale of the shares of Stock will be in compliance with applicable laws and regulations.

  • Grant of Stock Award In accordance with the Plan, and effective as of _________ __, 201_ (the “Date of Grant”), the Company granted to the Participant, subject to the terms and conditions of the Plan and this Agreement, a Stock Award of ______ shares of Common Stock (the “Stock Award”).

  • Grant of Stock Units Pursuant to the terms and conditions set forth in this Stock Award Agreement (including Section 1 above) and the Plan, the Administrator hereby grants to the Awardee named in Section 1, on the Grant Date set forth in Section 1, the number of Stock Units set forth in Section 1.

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