Common use of Option Agreement Clause in Contracts

Option Agreement. Each Award of an Option will be evidenced by an Award Agreement that will specify the exercise price, the term of the Option, the number of Shares subject to the Option, the exercise restrictions, if any, applicable to the Option, and such other terms and conditions as the Administrator, in its sole discretion, will determine.

Appears in 11 contracts

Sources: Agreement and Plan of Merger (Envirotech Vehicles, Inc.), Agreement and Plan of Merger (Envirotech Vehicles, Inc.), Agreement and Plan of Merger (Welsbach Technology Metals Acquisition Corp.)

Option Agreement. Each Award of an Option will be evidenced by an Award Agreement that will specify the exercise pricedate of grant of the Option, the Exercise Price, the term of the Option, the number of Shares shares of Stock subject to the Option, the exercise restrictions, if any, applicable to the Option, including the dates upon which the Option is first exercisable in whole and/or part, and such other terms and conditions as the AdministratorCommittee, in its sole discretion, will may determine.

Appears in 3 contracts

Sources: Merger Agreement (Southport Acquisition Corp), Merger Agreement (Angel Studios, Inc.), Merger Agreement (Southport Acquisition Corp)

Option Agreement. Each Award of an Option will be evidenced by an Award Agreement that will specify the exercise price, the term of the Option, the number of Shares of Common Stock subject to the Option, the exercise restrictions, if any, applicable to the Option, and such other terms and conditions as the Administrator, in its sole discretion, will determine.

Appears in 1 contract

Sources: Employment Agreement (Rackspace Hosting, Inc.)