Option Price Per Share. The option price for each Share subject to the Option shall be $ , the closing price of the Stock on the New York Stock Exchange Composite Tape on , which is the “Grant Date”.
Option Price Per Share. The option price for each Share subject to the Option shall be $___________, the closing price of the Stock on the New York Stock Exchange Composite Tape on __________, _______, which is the "Grant Date".
Option Price Per Share. (c) (i) If the Call Event results from the occurrence of an event described in clauses (ii), (iii) or (iv) of Section 8(a), the Section 8 Repurchase Price per Option Share shall be equal to the lesser of (x) the Market Price Per Share and (y) the Option Price Per Share plus the product of (I) the Vested Percentage (as defined in Section 6) and (II) the amount, if any, by which the Market Price Per Share exceeds the Option Price Per Share.
Option Price Per Share. The exercise price of the Option shall be $___________ per Option Share. NOTICE: THE EXERCISE PRICE REFLECTS 100% OF THE FAIR MARKET VALUE OF THE COMMON STOCK AS OF THE GRANT DATE. THE PARTICIPANT IS SOLELY RESPONSIBLE FOR SATISFYING ALL TAX OBLIGATIONS CREATED BY THE GRANT OF THIS OPTION, THE EXERCISE OF THE OPTION, AND THE SUBSEQUENT DISPOSITION OF THE OPTION SHARES.
Option Price Per Share. The Option exercise price per Share is as set forth above.
Option Price Per Share. The exercise price of each of the Option Shares shall be $9.00 per share, which is the per share Fair Market Value (as that term is defined in the Plan) of a share of the Company's Common Stock on June 10, 1998.
Option Price Per Share. The Fair Market Value (as defined in the Plan) of the Common Stock on the date you exercised such Incentive Stock Option by tendering shares of Common Stock. Exercise Period: 100% exercisable at any time during the period beginning on the first anniversary of its date of grant and ending on December 3, 2011. SO Grant Agreement (Cont’d) December 3, 2001
Option Price Per Share. Date All Shares are Exercisable: Last Day to Exercise Option: This Option Agreement is dated as of the Grant Date set forth above and is made between Sterling Construction Company, Inc. (formerly, Oakhurst Company, Inc.) and you,__________, and evidences the Company’s grant to you of a stock option (the “Option”) to purchase the number of Option Shares of the Company’s Common Stock ($0.01 par value per share) set forth above at the Option Price Per Share set forth above pursuant to the terms and conditions of this Option Agreement and the option plan noted above (the “Plan”). To the extent permissible under applicable tax laws and regulations, this Option is intended to be an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended, and any regulations thereunder. A copy of the Plan is furnished to you with this Agreement unless you have already been given one. An additional copy may be obtained on request to the Secretary of the Company. The terms of the Plan and any rules and regulations of the Board of Directors of the Company or of any committee of the Board of Directors that administers the Plan are incorporated in this Agreement as if fully set forth in it. In the case of any ambiguity or any conflict between the terms in this Option Agreement and the Plan, the provisions of the Plan shall govern:
Option Price Per Share. The price of each of the Option Shares to be purchased and sold pursuant to the exercise or partial exercise of the Option shall be $0.001 (the
Option Price Per Share. [If an ISO, insert a price which is at least 100% of the Fair Market Value, or for a 10% owner, at least 110%] Expiration Date: [Insert a date that is no later than the 10th anniversary of the Grant Date or, for an ISO granted to a 10% owner, the 5th such anniversary] Vesting Schedule: As long as Alliance Bank continues to be well-capitalized as that term is defined at Section 208.43(b) of the Rules and Regulations of the Board of Governors of the Federal Reserve System, 12 CFR Section 208.43(b) or any successor regulation thereto, and subject to earlier vesting upon a Change in Control (as defined in the Plan), the following will be the vesting schedule for the Option granted. On the first anniversary of the Grant Date, 15% of the shares of stock subject to the Option (rounded down to the nearest whole share) will be first exercisable. On the second anniversary of the Grant Date, an additional 20% of the shares of stock subject to the Option (rounded down to the nearest whole share) will be first exercisable. On the third anniversary of the Grant Date, an additional 25% of the shares of stock subject to the Option (rounded down to the nearest whole share) will be first exercisable. On the fourth anniversary of the Grant Date, the balance of the shares of stock subject to the Option will be first exercisable. One hundred percent (100%) of the shares of Stock subject to the Option are immediately exercisable upon a Change in Control prior to the termination of the Option. SCHEDULE II NOTICE OF EXERCISE ALLIANCE BANKSHARES CORPORATION 2007 INCENTIVE STOCK PLAN STOCK OPTION AGREEMENT Corporate Secretary Alliance Bankshares Corporation 10000 Xxxx Xxxxxx Xxxxx, Xxxxx 000 Xxxxx Xxxxxxxxx, Xxxxxxxx 00000 Gentlemen: Effective , 20___, (which is no earlier than the date this notice is delivered to the Secretary), I hereby exercise the [Insert Type] Stock Option granted to me on , , by Alliance Bankshares Corporation (the “Corporation”), subject to all the terms and provisions thereof and of the Alliance Bankshares Corporation 2007 Incentive Stock Plan (the “Plan”), and notify you of my desire to purchase shares (the “Shares”) of Common Stock of the Corporation at a price of $ per share pursuant to the exercise of said Option. Total Amount Enclosed: $ Date:
