Common use of Option; Number of Shares Clause in Contracts

Option; Number of Shares. The Company hereby grants to Optionee the right (the “Option”) to purchase up to a maximum of [Number] Shares at a price of $[Option Price] 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 are subject to the terms and conditions stated in this Agreement and in the Plan. The Option is not intended to qualify for treatment as an Incentive Stock Option under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).

Appears in 1 contract

Samples: Award Agreement (Pantry Inc)

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Option; Number of Shares. The Company hereby grants to Optionee the right ------------------------ (the "Option") to purchase up to a maximum ______ shares (the "Shares") of [Number] Shares the Common Stock, $.01 par value per share, of the Company (the "Common Stock") at a purchase price of $[____ per share (the "Option Price] per Share (the “Option Price”) "), to be paid in accordance with Section 6 4 hereof. The Option and the right to purchase all or any portion of the Shares are is subject to the terms and conditions stated in this Agreement and in the Plan. The It is intended that the Option is will not intended to qualify for treatment as an Incentive Stock Option incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Cb Commercial Real Estate Services Group Inc)

Option; Number of Shares. The Company hereby grants to Optionee the right (the "Option") to purchase up to a maximum of [Number] Shares _______ shares (the "Shares") of Common Stock at a price of $[________ per share (the "Option Price] per Share (the “Option Price”") to be paid in accordance with Section 6 hereof. The This Option and the right to purchase all or any portion of the Shares are subject to the terms and conditions stated in this Agreement and in the Plan. The It is intended that the Option is will not intended to qualify for treatment as an Incentive Stock Option incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Golden State Vintners Inc)

Option; Number of Shares. The Company hereby grants to Optionee ------------------------ the right (the "Option") to purchase up to a maximum of [Number_____] Shares shares (the "Shares") of Common Stock at a price of $[_____] per share (the "Option Price] 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 are subject to the terms and conditions stated in this Agreement and in the Plan. The It is intended that the Option is not intended to will qualify for treatment as an Incentive Stock Option incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Pantry Inc)

Option; Number of Shares. The Company hereby grants to Optionee the right (the “Option”) to purchase up to a maximum of [Number] Shares shares (the “Shares”) of the common stock of the Company at a price of $[Option Price] per Share 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 are subject to the terms and conditions stated in this Agreement and in the Plan. The Option is not intended to qualify for treatment as an Incentive Stock Option under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).

Appears in 1 contract

Samples: Award Agreement (Pantry Inc)

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Option; Number of Shares. The Company hereby grants to Optionee the right (the "Option") to purchase up to a maximum of [Number] Shares _______ shares (the "Shares") of Common Stock at a price of $[________ per share (the "Option Price] per Share (the “Option Price”") to be paid in accordance with Section 6 hereof. The This Option and the right to purchase all or any portion of the Shares are subject to the terms and conditions stated in this Agreement and in the Plan. The It is intended that the Option is not intended to will qualify for treatment as an Incentive Stock Option incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Golden State Vintners Inc)

Option; Number of Shares. The Company hereby grants to Optionee the right (the "Option") to purchase up to a maximum of [Number] Shares __________ shares (the "Shares") of Common Stock at a price of $[_______ per share (the "Option Price] per Share (the “Option Price”") to be paid in accordance with Section 6 hereof. The This Option and the right to purchase all or any portion of the Shares are subject to the terms and conditions stated in this Agreement and in the Plan. The It is intended that the Option is not intended to will qualify for treatment as an Incentive Stock Option incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Interpacket Networks Inc)

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