Option; Number of Shares; Price Sample Clauses

Option; Number of Shares; Price. The Company hereby grants to ------------------------------- Optionee the right (the "Option") to purchase up to a maximum of _______ shares (the "Shares") of the Common Stock, $0.01 par value per share, of the Company (the "Common Stock"), at a purchase price of $3.317 per share (the "Option Price"), to be paid in accordance with Section 6 hereof. The Option and the right to purchase all or any portion of the Shares is subject to the terms and conditions stated in this Agreement and in the Plan, including, without limitation, the provisions of Sections 4 and 11 of the Plan under which the Option shall be subject to modification and Sections 14(b) and 15 of the Plan and Sections 3 and 4 hereof pursuant to which the Option is subject to acceleration and/or termination. It is intended that the Option will not qualify for treatment as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").
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Option; Number of Shares; Price. The Corporation hereby grants, to Optionee the right acquire eight hundred eighty thousand (880,000) shares (the "Shares") of the common stock of the Corporation ("Common Stock") at a purchase price of One Cent ($.01) per share (the "Purchase Price") ("Option"). The Option and the right to acquire all or any portion of the Shares shall be exercisable upon certain events set forth in this Agreement, and is subject to the terms and conditions stated in this Agreement. It is intended that the Option will not qualify for treatment as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").
Sample 1
Option; Number of Shares; Price. The Company grants to the Optionee the right ("Option") to purchase all or any portion of the number of shares of the Common Stock of the Company indicated at the top of this page ("Stock") at the purchase price per share indicated at the top of this page (the "Option Price"). This Option is subject to the terms and conditions stated herein and in the Plan, including but not limited to the provisions of the Plan under which this Option shall be subject to modification if and when certain events occur.
Sample 1
Option; Number of Shares; Price. The Company grants to the Optionee the right ("Option") to purchase Two Hundred Fifty Thousand (250,000) shares of the Common Stock of the Company ("Stock") at a purchase price of Seven Cents ($0.07) per share (the "Option Price"). This Option is subject to the terms and conditions stated in this Agreement and in the Plan, including but not limited to the provisions of Section 10 of the Plan under which this Option shall be subject to modification when certain events occur. 2.
Sample 1
Option; Number of Shares; Price. The Company grants to Optionee the right (“Option”) to purchase all or any portion of (___) shares of the Common Stock of the Company (“Shares”) at a purchase price of Dollars ($___) per share (the “Option Price”). This Option is subject to the terms and conditions stated in this Agreement. It is intended that this Option will [not] qualify for treatment as an incentive stock option under Section 422A of the Internal Revenue Code of 1986, as amended (the “Code”). This Option is subject to all terms and conditions set forth in the Plan, a copy of which has been provided to Optionee concurrently herewith.
Sample 1
Option; Number of Shares; Price. The Company grants to the Optionee the right ("Option") to purchase all or any portion of <> shares of the Common Stock of the Company ("Stock") at a purchase price of $<> per share (the "Option Price"), which price has been determined to be not less than the fair market value of the Stock per share on the date of this Agreement; provided, however, that if the Optionee is a 10-percent shareholder of the Company as defined in Section 422(b)(6) of the Internal Revenue Code of 1954, as amended (the "Code"), at the time the Option is granted the Option Price shall be not less than 110 percent of such fair market value. This Option is subject to the terms and conditions stated in this Agreement and in the Plan, including but not limited to the provisions of Section 12 of the Plan under which this Option shall be subject to modification when certain events occur. It is intended that this Option will qualify for treatment as an incentive stock option under Section 422A of the Code.
Sample 1

Related to Option; Number of Shares; Price

  • Adjustment in Number of Shares Upon each adjustment of the Exercise Price pursuant to the provisions of this Paragraph 4, the number of shares of Common Stock issuable upon exercise of this Warrant shall be adjusted by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable upon exercise of this Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

  • Number of Shares; Exercise Price This certifies that, for value received, the United States Department of the Treasury or its permitted assigns (the “Warrantholder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, to acquire from the Company, in whole or in part, after the receipt of all applicable Regulatory Approvals, if any, up to an aggregate of the number of fully paid and nonassessable shares of Preferred Stock set forth in Item 7 of Schedule A hereto (the “Shares”), at a purchase price per share of Preferred Stock equal to the Exercise Price.

  • Adjustment of Exercise Price and Number of Shares The number of and kind of securities purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

  • Adjustment of Exercise Price, Number of Shares or Number of Rights The Exercise Price, the number and kind of shares or other property covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • NUMBER OF SHARES AND EXERCISE PRICE The number of shares of Common Stock subject to your option and your exercise price per share referenced in your Grant Notice may be adjusted from time to time for Capitalization Adjustments.

  • Purchase Price; Number of Shares (a) The registered holder of this Warrant (the “Holder”), commencing on the date hereof, is entitled upon surrender of this Warrant with the subscription form annexed hereto duly executed, at the principal office of the Company, to purchase from the Company, at a price per share of $2.80 (the “Purchase Price”), 185,714 fully paid and nonassessable shares of the Company’s Series D Preferred Stock, (the “Exercise Quantity”), $0.001 par value (the “Preferred Stock”).

  • Adjustment of Number of Shares Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

  • Adjustment of Purchase Price, Number of Shares or Number of Rights The Purchase Price, the number of Preferred Shares covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Adjustment of Purchase Price and Number of Shares The number of shares of Common Stock issuable upon exercise of this Warrant (or any shares of stock or other securities or property receivable or issuable upon exercise of this Warrant) and the Purchase Price are subject to adjustment upon occurrence of the following events:

  • Adjustment of Exercise Price and Number of Shares upon Issuance of Common Stock Except as otherwise provided in Paragraphs 4(c) and 4(e) hereof, if and whenever on or after the date of issuance of this Warrant, the Company issues or sells, or in accordance with Paragraph 4(b) hereof is deemed to have issued or sold, any shares of Common Stock for no consideration or for a consideration per share (before deduction of reasonable expenses or commissions or underwriting discounts or allowances in connection therewith) less than the Market Price on the date of issuance (a “Dilutive Issuance”), then immediately upon the Dilutive Issuance, the Exercise Price will be reduced to a price determined by multiplying the Exercise Price in effect immediately prior to the Dilutive Issuance by a fraction, (i) the numerator of which is an amount equal to the sum of (x) the number of shares of Common Stock actually outstanding immediately prior to the Dilutive Issuance, plus (y) the quotient of the aggregate consideration, calculated as set forth in Paragraph 4(b) hereof, received by the Company upon such Dilutive Issuance divided by the Market Price in effect immediately prior to the Dilutive Issuance, and (ii) the denominator of which is the total number of shares of Common Stock Deemed Outstanding (as defined below) immediately after the Dilutive Issuance.

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