Common use of Option Grant Clause in Contracts

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 ________ shares of the Company's common stock at a purchase price of $ per share. The Option is not intended to be an Incentive Stock Option, as defined in Section 422 of the Internal REvenue Code of 1986, as amended (the "Code") and therefore is a non-qualified stock option.

Option Grant. The Company hereby grants to the Optionee on the ------------ the terms and conditions of this Agreement the right and the option (the "Option") to purchase all or any part of ________ shares of the Company's common stock at a purchase price of $ $_____ per share. The Option is not intended to be an Incentive Stock Option, as defined in Section 422 of the Internal REvenue Revenue Code of 1986, as amended (the "Code") and therefore is a non-qualified stock option.

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 ________ shares of the Company's common stock Nonvoting Common Stock at a purchase price of $ $_____ per share. The terms and conditions of the Option grant set forth in the attached Exhibit A are hereby incorporated into and made a part of this Agreement. The Option is not intended to be an Incentive Stock Option, as defined in Section 422 of the Internal REvenue Revenue Code of 1986, as amended (the "Code") and therefore is a non-qualified stock option).

Option Grant. The Company hereby grants to the Optionee Optionee, on ------------ the terms and conditions of this Agreement Agreement, the right and the option (the "OptionOPTION") to purchase all or any part of _______________ (_________) shares of the Company's common stock Common Stock at a purchase price of $ ___________ ($____) per share. The terms and conditions of the Option is grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option will not intended to be treated as an Incentive Stock Option, Option as defined in Section 422 of the Internal REvenue Revenue Code of 1986, as amended (the "Code") amended, and is therefore is a nonNon-qualified stock optionStatutory Stock Option.

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 ________ shares of the Company's common stock Common Stock at a purchase price of $ per share. The terms and conditions of the Option is grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option will not intended to be treated as an Incentive Stock Option, Option as defined in Section 422 of the Internal REvenue Revenue Code of 1986, as amended (the "Code") amended, and is therefore is a nonNon-qualified stock optionStatutory Stock Option.

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 «Options» shares of the Company’s Common Stock at a purchase price of $________ shares per share. The terms and conditions of the Company's common stock at Option grant set forth in the attached Exhibit A are hereby incorporated into and made a purchase price part of $ per sharethis Agreement. The Option is not intended to be an Incentive Stock Option, as defined in Section 422 422A of the Internal REvenue Revenue Code of 1986, as amended (the "“Code") ”), and therefore is a nonNon-qualified stock optionStatutory Stock Option.

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 ________ shares of the Company's common stock ’s Common Stock at a purchase price of $ per share. The terms and conditions of the Option is grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option will not intended to be treated as an Incentive Stock Option, Option as defined in Section 422 of the Internal REvenue Revenue Code of 1986, as amended (the "Code") and therefore is is, therefore, a nonNon-qualified stock optionStatutory Stock Option.

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 ________ shares ( ) of the Company's common stock ’s Common Stock (the “Grant Shares”) at a purchase price of $ per share. The terms and conditions applicable to grants of options of the Company’s Common Stock, as set forth in the Plan, are incorporated into and made part of this Agreement. The Option is will not intended to be treated as an Incentive Stock Option, Option as defined in Section 422 of the Internal REvenue Revenue Code of 1986, as amended (the "Code") amended, and is therefore is a nonNon-qualified stock optionStatutory Stock Option.

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 ________ 400,000 shares of the Company's common stock ’s Common Stock at a purchase price of $ $1.10 per share. The To the maximum extent possible, the Option is not intended to be and shall be treated as an Incentive Stock Option, as defined in Section 422 422A of the Internal REvenue Revenue Code of 1986, as amended (the "“Code") and therefore is ”). To the extent the Option may not be treated as an Incentive Stock Option under the Code, the Option shall be treated as a non-qualified stock optionoption under 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 ________ 667,000 shares of the Company's common stock ’s Common Stock at a purchase price of $ $1.09 per share. The To the maximum extent possible, the Option is not intended to be and shall be treated as an Incentive Stock Option, as defined in Section 422 422A of the Internal REvenue Revenue Code of 1986, as amended (the "“Code") and therefore is ”). To the extent the Option may not be treated as an Incentive Stock Option under the Code, the Option shall be treated as a non-qualified stock optionoption under 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 ________ NUMBER shares of the Company's common stock ’s Common Stock at a purchase price of $ OPTION PRICE per share. The terms and conditions of the Option grant set forth in the attached Exhibit A are hereby incorporated into and made a part of this Agreement. The Option is not intended to be an Incentive Stock Option, as defined in Section 422 422A of the Internal REvenue Revenue Code of 1986, as amended (the "“Code") ”), and therefore is a nonNon-qualified stock optionStatutory Stock Option.

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 ________ shares of the Company's common stock Nonvoting Common Stock at a purchase price of $ $_____ per share. The terms and conditions of the Option grant set forth in the attached Exhibit A are hereby incorporated into and made a part of this Agreement. The Option is not intended to be an Incentive Stock Option, as defined in Section 422 422A of the Internal REvenue Revenue Code of 1986, as amended (the "Code") ), and therefore is a nonNon-qualified stock optionStatutory Stock Option.

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 ________ shares of the Company's common stock ’s Common Stock at a purchase price of $ 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 not intended to be an Incentive Stock Option, as defined in Section 422 422A of the Internal REvenue Revenue Code of 1986, as amended (the "“Code"”) and therefore is a nonNon-qualified stock optionQualified Stock Option.

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 __________ shares of the Company's common stock Common Stock at a purchase price of $ $________ per share. The terms and conditions of the Option grant set forth in the attached Exhibit A are hereby incorporated into and made a part of this Agreement. The Option is not intended to be an Incentive Stock Option, as defined in Section 422 422A of the Internal REvenue Revenue Code of 1986, as amended (the "Code") ), and therefore is a nonNon-qualified stock optionStatutory Stock Option.

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 ____ shares of the Company’s common stock, $.001 par value per share (“Common Stock”) at a purchase price of $_____ shares of the Company's common stock at a purchase price of $ per share. The terms and conditions of the Option is grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option will not intended to be treated as an Incentive Stock Option, Option as defined in Section 422 of the Internal REvenue Revenue Code of 1986, as amended (the "Code") amended, and is therefore is a nonNon-qualified stock optionStatutory Stock Option.

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 ________ [Number] shares of the Company's common stock ’s Common Stock at a purchase price of $ [Exercise Price] per share. The terms and conditions of the Option grant set forth in the attached Exhibit A are hereby incorporated into and made a part of this Agreement. The Option is not intended to be an Incentive Stock Option, as defined in Section 422 422A of the Internal REvenue Revenue Code of 1986, as amended (the "“Code") ”), and therefore is a nonNon-qualified stock optionStatutory Stock Option.