Common use of Option Grant Clause in Contracts

Option Grant. Effective as of the Effective Date, pursuant to a stock option agreement, Executive will be awarded an option to purchase Seven Hundred Twenty-Five Thousand (725,000) shares of Avid Technology, Inc. common stock (the “Stock Option”). The exercise price will be the closing price of the stock on the Effective Date (the “Start Price”).

Appears in 3 contracts

Samples: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology, Inc.), Employment Agreement (Avid Technology, Inc.)

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Option Grant. Effective as of January 28, 2008 (the Effective “Grant Date”), pursuant to a stock option agreement, Executive will be awarded an option to purchase Seven Two Hundred Twenty-Five Sixty Thousand (725,000260,000) shares of Avid Technology, Inc. common stock (the “Stock Option”). The exercise price will be the closing price of the stock on the Effective Date (the “Start Price”)Grant Date.

Appears in 2 contracts

Samples: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology, Inc.)

Option Grant. Effective as of On the Effective Date, pursuant to a stock option agreement, Executive will be awarded an option to purchase Seven Hundred Twenty-Five Thousand two hundred thousand (725,000200,000) shares of Avid Technology, Inc. common stock (the “Stock Option”). The exercise price will be the closing price of the stock on the Effective Date (the “Start Price”)Date.

Appears in 2 contracts

Samples: Executive Employment Agreement (Avid Technology, Inc.), Executive Employment Agreement (Avid Technology, Inc.)

Option Grant. Effective as of On the Effective Date, pursuant to a stock option agreement, Executive will be awarded an option to purchase Seven Two Hundred Twenty-Forty Five Thousand (725,000245,000) shares of Avid Technology, Inc. common stock (the “Stock Option”). The exercise price will be the closing price of the stock on the Effective Date (the “Start Price”)Date.

Appears in 2 contracts

Samples: Executive Employment Agreement (Avid Technology Inc), Executive Employment Agreement (Avid Technology, Inc.)

Option Grant. Effective as of the Effective Date, pursuant to a stock option agreement, Executive will be was awarded an option to purchase Seven Four Hundred TwentySixty-Five Thousand (725,000465,000) shares of Avid Technology, Inc. common stock (the "Stock Option"). The exercise price will be is the closing price of the stock on the Effective Date (the "Start Price").

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology, Inc.)

Option Grant. Effective as of On the Effective Date, pursuant to a stock option agreement, Executive will be awarded an option to purchase Seven Hundred Twentyseventy-Five Thousand five thousand (725,00075,000) shares of Avid Technology, Inc. common stock (the “Stock Option”). The exercise price will be the closing price of the common stock on the Effective Date (the “Start Price”)Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology, Inc.)

Option Grant. Effective as of On the Effective Date, pursuant to a stock option agreement, Executive will be awarded an option to purchase Seven Hundred Twenty-Five Eighty Thousand (725,00080,000) shares of Avid Technology, Inc. common stock (the “Stock Option”). The exercise price will be the closing price of the stock on the Effective Date (the “Start Price”)Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Option Grant. Effective as of On the Effective Date, pursuant to a stock option agreement, Executive will be awarded an option to purchase Seven Hundred TwentyForty-Five Thousand (725,00045,000) shares of Avid Technology, Inc. common stock (the "Stock Option"). The exercise price will be the closing price of the stock on the Effective Date (the “Start Price”)Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology, Inc.)

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Option Grant. Effective as of On the Effective Date, pursuant to a stock option agreement, Executive will be awarded an option to purchase Seven Hundred TwentyForty-Five Thousand (725,00045,000) shares of Avid Technology, Inc. common stock (the “Stock Option”). The exercise price will be the closing price of the stock on the Effective Date (the “Start Price”)Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Option Grant. Effective as of On the Effective Date, pursuant to a stock option agreement, Executive will be awarded an option to purchase Seven Fifty-Two Thousand Five Hundred Twenty-Five Thousand (725,00052,500) shares of Avid Technology, Inc. common stock (the “Stock Option”). The exercise price will be the closing price of the stock on the Effective Date (the “Start Price”)Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Option Grant. Effective as of On the Effective Date, pursuant to a stock option agreement, Executive will be awarded an option to purchase Seven Hundred Twenty-Five Thirty Thousand (725,00030,000) shares of Avid Technology, Inc. common stock (the “Stock Option”). The exercise price will be the closing price of the stock on the Effective Date (the “Start Price”)Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology Inc)

Option Grant. Effective as of the Effective Date, pursuant to a stock option agreement, Executive will be awarded an option to purchase Seven Hundred Twenty-Five Thousand (725,000) shares of Avid Technology, Inc. common stock (the "Stock Option"). The exercise price will be the closing price of the stock on the Effective Date (the "Start Price").

Appears in 1 contract

Samples: Executive Employment Agreement (Avid Technology, Inc.)

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