Common use of Number of Option Shares Clause in Contracts

Number of Option Shares. The Company hereby grants to the Optionee a non-qualified stock option (the “Option”), to purchase two million (2,000,000) shares (the “Option Shares”) of the Company’s common stock, par value $0.001 per share (“Common Stock”).

Appears in 4 contracts

Samples: Adrian John Sumnall Employment Agreement (Tricell Inc), Neil Proctor Employment Agreement (Tricell Inc), Neil Pursell Employment Agreement (Tricell Inc)

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Number of Option Shares. The This Agreement evidences the grant by the Company hereby grants to the Optionee Director of a non-qualified stock option (the “Option”)) to purchase, from time to purchase two million (2,000,000) time, an aggregate of 2,500 shares (the “Option Shares”) of the Company’s common stockCommon Stock, par value $0.001 0.01 per share (the “Common Stock”), under Section 3.1 of the Plan, subject to the terms and conditions and to adjustment as set forth herein or in the Plan.

Appears in 1 contract

Samples: Equity Incentive Plan Non Qualified Stock Option Award Agreement (Allergan Inc)

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