Common use of OPTION PRICE; FAIR MARKET VALUE Clause in Contracts

OPTION PRICE; FAIR MARKET VALUE. (a) The option price is $1.25 for each share of Common Stock., as the same may be adjusted from time to time in accordance with Section 4 hereof; provided, however, that the maximum aggregate option price for all shares of Common Stock issuable upon the exercise of this Option (or the aggregate of all Options resulting from the subdivision of this Option) shall not exceed $2,500,000.00.

Appears in 2 contracts

Samples: Forest Oil Corp, Anschutz Philip F

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OPTION PRICE; FAIR MARKET VALUE. (a) The option price is $1.25 5.00 for each share of Common Stock., as the same may be adjusted from time to time in accordance with Section 4 hereof; provided, however, that the maximum aggregate option price for all shares of Common Stock issuable upon the exercise of this Option (or the aggregate of all Options resulting from the subdivision of this Option) shall not exceed $2,500,000.005,000,000.00.

Appears in 2 contracts

Samples: Forest Oil Corp, Anschutz Philip F

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