Common use of Option Payment Clause in Contracts

Option Payment. In consideration of the option herein granted, Optionee has paid to Optionor, the sum of Ten Thousand Dollars ($10,000.00) (the “Option Payment”).

Option Payment. In consideration of the option herein grantedOption, Optionee has paid shall pay to Optionor, Optionor the sum of Ten Thousand Dollars ($10,000.0010.00) (the “Option Payment”)receipt of which is hereby acknowledged.