Common use of Option; Number of Shares; Option Price Clause in Contracts

Option; Number of Shares; Option Price. The Option (as defined below) granted hereunder is intended to be a nonstatutory stock option and therefore shall not qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended. Employee shall have the right and option to purchase all or any part of an aggregate of [●] shares of $0.01 par value common stock of the Company (“Share(s)”) at the purchase price of $[●] per Share (the “Option”).

Option; Number of Shares; Option Price. The Option (as defined below) granted hereunder is intended to be a nonstatutory stock option and therefore shall not qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended. Employee shall have the right and option to purchase all or any part of an aggregate of [●] twenty eight thousand, two hundred sixty six (28,266) shares of $0.01 0.001 par value common stock of the Company (“Share(s)”) at the purchase price of $[●] 4.60 per Share (the “Option”).

Option; Number of Shares; Option Price. The Option (as defined below) granted hereunder is intended to be a nonstatutory stock option and therefore shall not qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended. Employee Grantee shall have the right and option to purchase all or any part of an aggregate of [●] one hundred fifty thousand (150,000) shares of $0.01 0.001 par value common stock of the Company (“Share(s)”) at the purchase price of $[●] 3.78 per Share (the “Option”).

Option; Number of Shares; Option Price. The Option (as defined below) granted hereunder is intended to be a nonstatutory stock option and therefore shall not qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended. Employee Grantee shall have the right and option to purchase all or any part of an aggregate of [●] _________ shares of $0.01 0.0001 par value common stock of the Company (“Share(s)”) at the purchase price of $[●] ___ per Share (the “Option”).

Option; Number of Shares; Option Price. The Option (as defined below) granted hereunder is intended to be a nonstatutory stock option and therefore shall not qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended. Employee shall have the right and option to purchase all or any part of an aggregate of [●] three hundred sixty thousand (360,000) shares of $0.01 par value common stock of the Company (“Share(s)”) at the purchase price of $[●] 1.72 per Share (the “Option”).

Option; Number of Shares; Option Price. The Option (as defined below) granted hereunder is intended to be a nonstatutory stock option and therefore therefore, shall not qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended. Employee shall have the right and option to purchase all or any part of an aggregate of [●________] shares of $0.01 par value common stock of the Company (“Share(s)”) at the purchase price of $[●] 0.38 per Share (the “Option”).

Option; Number of Shares; Option Price. The Option (as defined below) granted hereunder is intended to be a nonstatutory stock option and therefore shall not qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended. Employee shall have the right and option to purchase all or any part of an aggregate of [●] seventy thousand, six hundred sixty six (70,666) shares of $0.01 0.001 par value common stock of the Company (“Share(s)”) at the purchase price of $[●] 4.60 per Share (the “Option”).