Common use of Option Grant Clause in Contracts

Option Grant. The Company hereby grants to the Optionee the right and the option (the "Option") to purchase all or any part of 100,000 shares of the Company's Common Stock at a purchase price of $1.50 per share.

Option Grant. The Company hereby grants to the Optionee the right and the ------------ option (the "Option") to purchase from the Company on the terms and conditions set forth herein all or any part of 100,000 an aggregate of thirty-thousand (30,000) shares of the Company's Common Stock at a of the Company (the "Stock"). The purchase price of the Stock subject to the Option shall be $1.50 7.28125 per share.

Option Grant. The Company hereby grants to the Optionee Optionee, on the terms and conditions of this Agreement and the Plan, the right and the option (the "“Option"”) to purchase all or any part of 100,000 shares (the “Grant Shares”) of the Company's ’s Common Stock at a purchase price of $1.50 1.13 per share. The terms and conditions applicable to grants of options of the Company’s Common Stock, as set forth in the Plan, are hereby incorporated into and made part of this Agreement.

Option Grant. The Company hereby grants to the Optionee on the terms and conditions of this Agreement the right and the option (the "“Option"”) to purchase all or any part of 100,000 shares of the Company's ’s Common Stock at a purchase price of $1.50 $ per share. The terms and conditions of the Option grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option is intended to be an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

Option Grant. The Company hereby grants to the Optionee on the terms and conditions of this Agreement the right and the option (the "“Option"”) to purchase all or any part of 100,000 _______ shares of the Company's ’s Common Stock at a purchase price of $1.50 ______ per share. The terms and conditions of the Option grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option is intended to be an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

Option Grant. The In accordance with, and subject to, the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Optionee the right and the option a Nonqualified Stock Option (the "“Option"”) to purchase from the Company all or any part of 100,000 an aggregate of 125,000 shares of common stock of the Company's Common Stock Company (the “Option Shares”), at a the purchase price of $1.50 83.03 per shareOption Share (the “Exercise Price”).

Option Grant. The Company hereby grants to the Optionee on the terms and conditions of this Agreement the right and the option (the "Option") to purchase all or any part of 100,000 [____] shares of the Company's Common Stock at a purchase price of $1.50 [_____] per share. The terms and conditions of the Option grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option is intended to be an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

Option Grant. The Company hereby grants to the Optionee the right and the ------------ option (the "Option") to purchase from the Company on the terms and conditions set forth herein all or any part of 100,000 an aggregate of one-hundred-fifty-thousand (150,000) shares of the Company's Common Stock at a of the Company (the "Stock"). The purchase price of the Stock subject to the Option shall be $1.50 7.28125 per share.

Option Grant. The Company hereby grants to the Optionee on the terms and conditions of this Agreement the right and the option (the "Option") to purchase all or any part of 100,000 _________ shares of the Company's Common Stock at a purchase price of $1.50 _____ per share. The terms and conditions of the Option grant set forth in attached EXHIBIT A are hereby incorporated into and made a part of this Agreement. The Option is intended to be an Incentive Stock Option as defined in Section 422A of the Internal Revenue Code of 1986, as amended.

Option Grant. The Company hereby grants to the Optionee the right and the ------------ option (the "Option") to purchase from the Company on the terms and conditions set forth herein all or any part of 100,000 an aggregate of ten-thousand (10,000) shares of the Company's Common Stock at a of the Company (the "Stock"). The purchase price of the Stock subject to the Option shall be $1.50 7.28125 per share.

Option Grant. The Company hereby grants to the Optionee on the terms and conditions of this Agreement the right and the option (the "“Option"”) to purchase all or any part of 100,000 shares of the Company's ’s Common Stock at a purchase price of $1.50 $ per share. The terms and conditions of the Option grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option is intended not to be an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

Option Grant. The Company hereby grants to the has granted Optionee the right and the a nonqualified stock option (the "“Option"”) to purchase all or any part of 100,000 shares of the Company's ’s Common Stock at (each, a purchase price “Share”) upon the terms and conditions set out in the Plan, this Agreement and the Grant Statement, subject to Optionee’s execution and delivery of $1.50 per sharethis Agreement and the Grant Statement to the Company. This Option is granted under and subject to the terms and conditions of the Plan. In case on any conflict between the terms of the Plan and this Agreement or the Grant Statement, the terms of the Plan shall apply.

Option Grant. The Company hereby grants to the Optionee the right and the option (the "Option") Option to purchase all or any part of 100,000 from the Company twenty-five thousand (25,000) shares of the Company's Common Stock of the Company at a purchase price of $1.50 per share2.00 share (the "Option Price"), which is the fair market value of the Common Stock on the da~e of grant, pursuant to the Plan.

Option Grant. The Company hereby grants to the Optionee the right and the ------------ option (the "Option") to purchase from the Company on the terms and conditions set forth herein all or any part of 100,000 an aggregate of fifteen-thousand (15,000) shares of the Company's Common Stock at a of the Company (the "Stock"). The purchase price of the Stock subject to the Option shall be $1.50 7.28125 per share.

Option Grant. The Company hereby grants to the Optionee on the terms and conditions of this Agreement the right and the option (the "Option") to purchase all or any part of 100,000 _____________ shares of the Company's Common Stock at a purchase price of $1.50 _______ per share. The terms and conditions of the Option grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option is intended to be an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

Option Grant. The Company hereby grants to the Optionee on the terms and conditions of this Agreement the right and the option (the "Option") to purchase all or any part of 100,000 shares of the Company's Common Stock common stock at a purchase ------------- price of $1.50 $ per share. The terms and conditions of this Option --------------- set forth in the attached Exhibit A are hereby incorporated into and made a part of this Agreement. This Option is intended to be an "incentive stock option" as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

Option Grant. The Company hereby grants to the Optionee on the terms and conditions of this Agreement the right and the option (the "Option") to purchase all or any part of 100,000 of________ shares of the Company's Common Stock common stock at a purchase price of $1.50 _______ per share. The terms and conditions of this Option set forth in the attached Exhibit A are hereby incorporated into and made a part of this Agreement.

Option Grant. The Company hereby grants to Optionee, on the Optionee terms and subject to the conditions of this Agreement, the right and the option (the "Option") to purchase all or any part of 100,000 //Stock// shares of the Company's Common Stock common stock at a purchase price of $1.50 //Price// per share. The Option is intended to be an Incentive Stock Option, as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Option Grant. The Company hereby grants to the Optionee on the terms and conditions of this Agreement the right and the option (the "Option") to purchase all or any part of 100,000 [ ] shares of the Company's Common Stock at a purchase price of $1.50 [ ] per share. The terms and conditions of the Option grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option is intended to be an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

Option Grant. The Company hereby grants to the Optionee Optionee, on the terms and conditions of this Agreement and the Plan, the right and the option (the "“Option"”) to purchase all or any part of 100,000 __________ shares (the “Grant Shares”) of the Company's Common Stock at a purchase price of $1.50 __________ per share. The terms and conditions applicable to grants of options of the Company's Common Stock, as set forth in the Plan, are hereby incorporated into and made part of this Agreement.