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 covered by the Option are subject to the terms and conditions stated in this Agreement and in the Plan.

Appears in 2 contracts

Samples: Award Agreement (Pantry Inc), 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 covered by the Option are subject to the terms and conditions stated in this Agreement and in the Plan.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Interpacket Networks Inc)

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