Common use of Option Grant Clause in Contracts

Option Grant. The Company hereby grants to the Optionee an option (the “Option”) to purchase the number of shares of the Company’s common stock (the “Shares”), for an exercise price per share (the “Option Price”) as of the Grant Date, all as set forth below: Shares under option: 50,000 Option Price per Share: $5.99 Grant Date: October 15, 2008 The Option granted hereunder will not be an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 3 contracts

Samples: Non Statutory Stock Option Agreement (Green Plains Renewable Energy, Inc.), Non Statutory Stock Option Agreement (Green Plains Renewable Energy, Inc.), Non Statutory Stock Option Agreement (Green Plains Renewable Energy, Inc.)

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Option Grant. The Company hereby grants to the Optionee an option (the "Option") to purchase the number of shares of the Company’s 's common stock (the "Shares"), for an exercise price per share (the "Option Price") as of the and based upon a Grant Date, all as set forth below: Shares under option: 50,000 100,000 Option Price per Share: $5.99 1.00 Grant Date: October 15November 22, 2008 1999 Vesting: November 22, 1999 The Option granted hereunder will not be an incentive stock option within the meaning of Section 422 subject to all of the Internal Revenue Code of 1986, as amendedterms and conditions set forth herein.

Appears in 2 contracts

Samples: Stock Option Agreement (Autotradecenter Com Inc), Stock Option Agreement (Autotradecenter Com Inc)

Option Grant. The Company hereby grants to the Optionee an option (the “Option”) to purchase the number a total of 75,000 shares of Common Stock of the Company’s common stock (the “Shares”), for Company at an option exercise price of $9.375 per share (the “Option Price”) as share, being not less than 100% of the Grant Date, all Fair Market Value of the Common Stock on the date of grant hereof. This option is not intended to qualify as set forth below: Shares under option: 50,000 Option Price per Share: $5.99 Grant Date: October 15, 2008 The Option granted hereunder will not be an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Samples: America Service Group Inc /De, America Service Group Inc /De

Option Grant. The Company hereby grants to the Optionee an option (the “Option”"OPTION") to purchase the number of shares of the Company’s 's common stock (the “Shares”"SHARES"), for an exercise price per share (the “Option Price”"OPTION PRICE") as of the and based upon a Grant Date, all as set forth below: Shares under option: 50,000 100,000 Option Price per Share: $5.99 0.35 Grant Date: October 15May 8, 2008 2003 Expiry Date: May 8, 2006 The Option granted hereunder will not be an incentive stock is a nonstatutory or nonqualified option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amendedfor tax purposes.

Appears in 2 contracts

Samples: Stock Option Agreement (Sulphco Inc), Stock Option Agreement (Sulphco Inc)

Option Grant. The Company hereby grants to the Optionee an option (the “Option”) to purchase the number of shares of the Company’s common stock (the “Shares”), for an exercise price per share (the “Option Price”) as of the Grant Date, all as set forth below: Shares under option: 50,000 Option Price per Share: $5.99 3.23 Grant Date: October 15November 1, 2008 The Option granted hereunder will not be an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Green Plains Renewable Energy, Inc.)

Option Grant. The Company hereby grants to the Optionee an the option (the "Option") to purchase 250,000 shares (the "Optioned Shares") of Common Stock from the Company at a price of $1.00 per share. The Optionee shall have the right to exercise the Option beginning on February 6, 2002 through and including February 5, 2007. The Option may be exercised in whole at any time or in part from time to time during the exercise period and is subject to adjustment as to price and number of shares of the Company’s common stock (the “Shares”), for an exercise price per share (the “Option Price”) as of the Grant Date, all as set forth below: Shares under option: 50,000 Option Price per Share: $5.99 Grant Date: October 15, 2008 The Option granted hereunder will not be an incentive stock option within the meaning of in Section 422 of the Internal Revenue Code of 1986, as amended5 hereof.

Appears in 1 contract

Samples: Stock Option Agreement (Wild Heart Ranch Inc)

Option Grant. The Company hereby grants to the Optionee an the option (the "Option") to purchase 25,000 shares (the "Optioned Shares") of Common Stock from the Company at a price of US $5.00 per share. The Optionee shall have the right to exercise the Option immediately upon the execution of this Agreement through and including March 1, 2007. The Option may be exercised in whole at any time or in part from time to time during the exercise period and is subject to adjustment as to price and number of shares of the Company’s common stock (the “Shares”), for an exercise price per share (the “Option Price”) as of the Grant Date, all as set forth below: Shares under option: 50,000 Option Price per Share: $5.99 Grant Date: October 15, 2008 The Option granted hereunder will not be an incentive stock option within the meaning of in Section 422 of the Internal Revenue Code of 1986, as amended5 hereof.

Appears in 1 contract

Samples: Stock Option Agreement (Select Therapeutics Inc)

Option Grant. The Company hereby grants to the Optionee an option (the “Option”) to purchase the number a total of 75,000 shares of Common Stock of the Company’s common stock (the “Shares”), for Company at an option exercise price of $9.3125 per share (the “Option Price”) as share, being not less than 100% of the Grant Date, all Fair Market Value of the Common Stock on the date of grant hereof. This option is not intended to qualify as set forth below: Shares under option: 50,000 Option Price per Share: $5.99 Grant Date: October 15, 2008 The Option granted hereunder will not be an incentive stock stop option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Nonqualified Stock Option (America Service Group Inc /De)

Option Grant. The As of the date of this Agreement, the Company hereby grants to the Optionee an option (the “Option”) to purchase the number a total of 200,000 shares of the Company’s common stock (the “Shares”), for ) of common stock of the Company at an exercise price per share (the “Option Price”) as of the Grant Date, all as set forth below: Shares under option: 50,000 Option Price $18.87 per Share: $5.99 Grant Date: October 15, 2008 . The Option granted hereunder will is not be intended to qualify as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Amendment Agreement (LKQ Corp)

Option Grant. The Company hereby grants to the Optionee an option ------------- (the "Option") to purchase the number of shares of the Company’s 's common stock (the "Shares"), for an exercise price per share (the "Option Price") as of the and based upon a Grant Date, all as set forth below: Shares under option: 50,000 3,000,000,000 Option Price per Share: $5.99 .0001 Grant Date: October 15February 3, 2008 2006 The Option granted hereunder will not be an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Stock Option Agreement (Marshall Holdings International, Inc.)

Option Grant. The Company hereby grants to the Optionee an option (the "Option") to purchase the number of shares of the Company’s 's common stock (the "Shares"), for an exercise price per share (the "Option Price") as of the and based upon a Grant Date, all as set forth below: Shares under option: 50,000 100,000 Option Price per Share: $5.99 0.35 Grant Date: October 15May 8, 2008 2003 Expiry Date: May 8, 2006 The Option granted hereunder will not be an incentive stock is a nonstatutory or nonqualified option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amendedfor tax purposes.

Appears in 1 contract

Samples: Stock Option Agreement (Sulphco Inc)

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Option Grant. The Company hereby grants to the Optionee an the option (the "Option") to purchase 100,000 shares (the "Optioned Shares") of Common Stock from the Company at a price of $1.00 per share. The Optionee shall have the right to exercise the Option beginning on July 12, 2002 through and including July 11, 2005. The Option may be exercised in whole at any time or in part from time to time during the exercise period and is subject to adjustment as to price and number of shares of the Company’s common stock (the “Shares”), for an exercise price per share (the “Option Price”) as of the Grant Date, all as set forth below: Shares under option: 50,000 Option Price per Share: $5.99 Grant Date: October 15, 2008 The Option granted hereunder will not be an incentive stock option within the meaning of in Section 422 of the Internal Revenue Code of 1986, as amended5 hereof.

Appears in 1 contract

Samples: Stock Option Agreement (Wild Heart Ranch Inc)

Option Grant. The Company hereby grants to the Optionee an option (the “Option”) to purchase the number a total of 60,000 shares of Common Stock of the Company’s common stock (the “Shares”), for Company at an option exercise price of $13.125 per share (the “Option Price”) as share, being not less than 100% of the Grant Date, all Fair Market Value of the Common Stock on the date of grant hereof. This option is not intended to qualify as set forth below: Shares under option: 50,000 Option Price per Share: $5.99 Grant Date: October 15, 2008 The Option granted hereunder will not be an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. 2.

Appears in 1 contract

Samples: Nonqualified Stock (America Service Group Inc /De)

Option Grant. The Company hereby grants to the Optionee an the option (the "Option") to purchase 15,000 shares (the "Optioned Shares") of Common Stock from the Company at a price of US $4.25 per share. The Optionee shall have the right to exercise the Option immediately upon the execution of this Agreement through and including October 25, 2007. The Option may be exercised in whole at any time or in part from time to time during the exercise period and is subject to adjustment as to price and number of shares of the Company’s common stock (the “Shares”), for an exercise price per share (the “Option Price”) as of the Grant Date, all as set forth below: Shares under option: 50,000 Option Price per Share: $5.99 Grant Date: October 15, 2008 The Option granted hereunder will not be an incentive stock option within the meaning of in Section 422 of the Internal Revenue Code of 1986, as amended5 hereof.

Appears in 1 contract

Samples: Stock Option Agreement (Select Therapeutics Inc)

Option Grant. The Company hereby grants to the Optionee an option (the “Option”) to purchase the number a total of two hundred thousand (200,000) shares of Common Stock of the Company’s common stock (the “Shares”), for Company at an option exercise price of $13.81 per share (the “Option Price”) as share, being not less than 100% of the Grant Date, all Fair Market Value of a share of Common Stock on the date hereof. This option is NOT intended to qualify as set forth below: Shares under option: 50,000 Option Price per Share: $5.99 Grant Date: October 15, 2008 The Option granted hereunder will not be an "incentive stock option option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amendedamended (the "Code").

Appears in 1 contract

Samples: Stock Option Agreement (Alternative Resources Corp)

Option Grant. The Company hereby grants to the Optionee an option (the ------------- "Option") to purchase the number of shares of the Company’s 's common stock (the "Shares"), for an exercise price per share (the "Option Price") as of the and based upon a Grant Date, all ail as set forth below: Shares under option: 50,000 1,000,000,000 Option Price per Share: $5.99 Grant Date: October 15, 2008 The Option granted hereunder will not be an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.$ .0001

Appears in 1 contract

Samples: Gateway Distributors LTD Stock Option Agreement (Gateway Distributors LTD)

Option Grant. The Company hereby grants to the Optionee an the option (the "Option") to purchase 100,000 shares (the "Optioned Shares") of Common Stock from the Company at a price of $1.00 per share. The Optionee shall have the right to exercise the Option beginning on June 21, 2002 through and including June 20, 2005. The Option may be exercised in whole at any time or in part from time to time during the exercise period and is subject to adjustment as to price and number of shares of the Company’s common stock (the “Shares”), for an exercise price per share (the “Option Price”) as of the Grant Date, all as set forth below: Shares under option: 50,000 Option Price per Share: $5.99 Grant Date: October 15, 2008 The Option granted hereunder will not be an incentive stock option within the meaning of in Section 422 of the Internal Revenue Code of 1986, as amended5 hereof.

Appears in 1 contract

Samples: Stock Option Agreement (Wild Heart Ranch Inc)

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