Common use of Option Grant Clause in Contracts

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

Appears in 2 contracts

Sources: Nonqualified Stock Option Agreement (Creative Computers Inc), Nonqualified Stock Option Agreement (Creative Computers Inc)

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

Appears in 2 contracts

Sources: Incentive Stock Option Agreement (Paulson Capital Corp), Non Statutory Stock Option Agreement (Paulson Capital Corp)

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 an aggregate of thirty-thousand (30,000) 100,000 shares of the Company's Common Stock of the Company (the "Stock"). The at a purchase price of the Stock subject to the Option shall be $7.28125 1.50 per share.

Appears in 2 contracts

Sources: Stock Option Agreement (Headwaters Inc), Stock Option Agreement (Covol Technologies Inc)

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 ------------ option a Nonqualified Stock Option (the "Option") to purchase from the Company on the terms and conditions set forth herein all or any part of an aggregate of thirty-thousand (30,000) 125,000 shares of the Common Stock common stock of the Company (the "Stock"“Option Shares”). The , at the purchase price of $83.03 per Option Share (the Stock subject to the Option shall be $7.28125 per share“Exercise Price”).

Appears in 2 contracts

Sources: Employment Agreement (Itt Industries Inc), Employment Agreement (Itt Corp)

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

Appears in 1 contract

Sources: Non Statutory Stock Option Agreement (Athena Medical Corp)

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 from the Company on the terms and conditions set forth herein all or any part of an aggregate of thirty-thousand (30,000) shares of the Company's Common Stock of the Company (the "Stock"). The at a purchase price of the Stock subject to $ per share. The terms and conditions of the Option shall grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option will not be $7.28125 per sharetreated as an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended, and is therefore a Non-Statutory Stock Option.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (McCormick & Schmicks Seafood Restaurants Inc.)

Option Grant. The Company hereby grants to the Optionee the right and ------------ option (the "Option") Option to purchase from the Company on the terms and conditions set forth herein all or any part of an aggregate of thirtytwenty-five thousand (30,00025,000) shares of the Common Stock of the Company at a purchase price of $2.00 share (the "StockOption Price"). The purchase price , which is the fair market value of the Common Stock subject on the date of grant, pursuant to the Option shall be $7.28125 per sharePlan.

Appears in 1 contract

Sources: Stock Option Agreement (First Southern Bancshares Inc/De)

Option Grant. The Company hereby grants to Optionee the right and ------------ option (the "Option") to purchase from the Company on the terms and conditions set forth herein all or any part of an aggregate of thirtyten-thousand (30,00010,000) shares of the Common Stock of the Company (the "Stock"). The purchase price of the Stock subject to the Option shall be $7.28125 per share.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Creative Computers Inc)

Option Grant. The Company hereby grants to Optionee the right and ------------ option (the "Option") to purchase from the Company on the terms and conditions set forth herein all or any part of an aggregate of thirtyone-hundred-fifty-thousand (30,000150,000) shares of the Common Stock of the Company (the "Stock"). The purchase price of the Stock subject to the Option shall be $7.28125 per share.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Creative Computers Inc)

Option Grant. The Company hereby grants to the Optionee the right and ------------ option (the "Option") to purchase from the Company on the terms and conditions set forth herein of this Agreement the right and the option (the “Option”) to purchase all or any part of an aggregate of thirty-thousand (30,000) shares of the Company’s Common Stock of the Company (the "Stock"). The at a purchase price of the Stock subject to $ per share. The terms and conditions of the Option shall grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option will not be $7.28125 per sharetreated as an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended and is, therefore, a Non-Statutory Stock Option.

Appears in 1 contract

Sources: Non Statutory Stock Option Agreement (Erickson Air-Crane Inc)

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 from the Company on the terms and conditions set forth herein all or any part of an aggregate of thirty-thousand (30,000) [____] shares of the Company's Common Stock of the Company (the "Stock"). The at a purchase price of the Stock subject to $[_____] per share. The terms and conditions of the Option shall grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option is intended to be $7.28125 per sharean Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Microhelix Inc)

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 from the Company on the terms and conditions set forth herein all or any part of an aggregate of thirty-thousand (30,000) _____________ shares of the Company's Common Stock of the Company (the "Stock"). The at a purchase price of the Stock subject to $_______ per share. The terms and conditions of the Option shall grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option is intended to be $7.28125 per sharean Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Verasun Energy Corp)

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 from the Company on the terms and conditions set forth herein all or any part of an aggregate of thirty-thousand (30,000) _________ shares of the Company's Common Stock of the Company (the "Stock"). The at a purchase price of the Stock subject to $_____ per share. The terms and conditions of the Option shall grant set forth in attached EXHIBIT A are hereby incorporated into and made a part of this Agreement. The Option is intended to be $7.28125 per sharean Incentive Stock Option as defined in Section 422A of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Stock Option Agreement (Macheezmo Mouse Restaurants Inc)

Option Grant. The Company hereby grants to the Optionee the right and ------------ option (the "Option") Option to purchase from the Company on the terms and conditions set forth herein all or any part of an aggregate of thirtytwenty-five thousand (30,00025,000) shares of the Common Stock of the Company at a purchase price of $2.00 share (the "StockOption Price"). The purchase price , which is the fair market value of the Common Stock subject on the da~e of grant, pursuant to the Option shall be $7.28125 per sharePlan.

Appears in 1 contract

Sources: Stock Option Agreement (First Southern Bancshares Inc/De)

Option Grant. The Company hereby grants to the Optionee the right and ------------ option (the "Option") to purchase from the Company on the terms and conditions set forth herein of this Agreement the right and the option (the “Option”) to purchase all or any part of an aggregate of thirty-thousand (30,000) shares of the Company’s Common Stock of the Company (the "Stock"). The at a purchase price of the Stock subject to $ per share. The terms and conditions of the Option shall grant set forth in attached Exhibit A are hereby incorporated into and made a part of this Agreement. The Option is not intended to be $7.28125 per sharean Incentive Stock Option, as defined in Section 422A of the Internal Revenue Code of 1986, as amended (the “Code”) and therefore is a Non-Qualified Stock Option.

Appears in 1 contract

Sources: Stock Option Agreement (Avi Biopharma Inc)

Option Grant. The Company hereby grants to Optionee the right and ------------ option (the "Option") to purchase from the Company on the terms and conditions set forth herein all or any part of an aggregate of thirtyfifteen-thousand (30,00015,000) shares of the Common Stock of the Company (the "Stock"). The purchase price of the Stock subject to the Option shall be $7.28125 per share.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Creative Computers Inc)

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 from the Company on the terms and conditions set forth herein all or any part of an aggregate of thirty-thousand (30,000) [ ] shares of the Company's Common Stock of the Company (the "Stock"). The at a purchase price of the Stock subject to $[ ] per share. The terms and conditions of the Option shall grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option is intended to be $7.28125 per sharean Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (McCormick & Schmicks Seafood Restaurants Inc.)

Option Grant. The Company hereby grants to has granted Optionee the right and ------------ a nonqualified stock option (the "Option") to purchase from shares of the Company on Company’s Common Stock (each, a “Share”) upon the terms and conditions set forth herein all or any part out in the Plan, this Agreement and the Grant Statement, subject to Optionee’s execution and delivery of an aggregate of thirty-thousand (30,000) shares of this Agreement and the Common Stock of Grant Statement to the Company (the "Stock")Company. The purchase price of the Stock This Option is granted under and subject to the Option 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 be $7.28125 per shareapply.

Appears in 1 contract

Sources: Stock Option Agreement (Universal Electronics Inc)

Option Grant. The Company hereby grants to Optionee Optionee, on the terms and subject to the conditions of this Agreement, 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 an aggregate of thirty-thousand (30,000) //Stock// shares of the Common Company's common stock at a purchase price of $//Price// per share. The Option is intended to be an Incentive Stock Option, as defined in Section 422 of the Company Internal Revenue Code of 1986, as amended (the "StockCode"). The purchase price of the Stock subject to the Option shall be $7.28125 per share.

Appears in 1 contract

Sources: Stock Option Agreement (Medicalogic Inc)

Option Grant. The Company hereby grants to the Optionee the right and ------------ option (the "Option") to purchase from the Company on the terms and conditions set forth herein of this Agreement the right and the option (the “Option”) to purchase all or any part of an aggregate of thirty-thousand (30,000) shares of the Company’s Common Stock of the Company (the "Stock"). The at a purchase price of the Stock subject to $ per share. The terms and conditions of the Option shall grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option is intended not to be $7.28125 per sharean Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Non Statutory Stock Option Agreement (Verasun Energy Corp)

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

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Paulson Capital (Delaware) Corp.)

Option Grant. The Company hereby grants to the Optionee on the terms and conditions of this Agreement the right and ------------ option (the "Option") to purchase from the Company on the terms and conditions set forth herein all or any part of an aggregate of thirty-thousand (30,000) shares of the Common Stock Company's common stock at a purchase ------------- price of $ 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 Company (the "Stock"). The purchase price Internal Revenue Code of the Stock subject to the Option shall be $7.28125 per share1986, as amended.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Athena Medical Corp)