Option Prices. The purchase price of the Stock under each Option shall not be less than 100% of the Fair Market Value of the Stock at the time of the granting of the Option; provided that, in the case of a Participant who owns more than 10% of the total combined voting power of all classes of stock of the Company, a Parent or a Subsidiary, the purchase price of the Stock under each Incentive Stock Option shall not be less than 110% of the Fair Market Value of the Stock on the date such Option is granted.
Option Prices. The purchase price of the Stock under each Incentive Stock Option shall not be less than 100% of the Fair Market Value of the Stock at the time of the granting of the Option; provided that, in the case of a Participant who owns more than 10% of the total combined voting power of all classes of stock of the Company, a Parent or a Subsidiary, the purchase price of the Stock under each Incentive Stock Option shall not be less than 110% of the Fair Market Value of the Stock on the date such Option is granted. The purchase price of the Stock under each Non-qualified Stock Option shall be determined from time to time by the Committee, which need not be uniform for all Participants, and shall not be less than 100% of Fair Market Value.
Option Prices. (Cost Reimbursement CLINs and Firm Fixed Price CLIN 0008)
Option Prices a. Unless the Government exercises its option pursuant to the option clause referenced in ARTICLE I.1. GENERAL CLAUSES FOR A COST PLUS FIXED FEE RESEARCH AND DEVELOPMENT CONTRACT, the contract consists only of the Base Period specified in the Statement of Work as defined in SECTIONS C and F, for the price set forth in ARTICLE B.2. of the contract.
Option Prices. The purchase price payable by Sprint or its ------------- designee at (a) the Option Closing (as hereinafter defined) for the First Option Securities shall be an amount equal to the sum of (the "First Option Price") (i) four million four hundred eighty thousand one hundred nine dollars ($4,480,109.00), plus (ii) an amount equal to interest accrued on such $4,480,109.00 amount at the rate of six percent (6%) per annum, compounded quarterly, calculated from the First Closing Date to the First Option Closing Date (as hereinafter defined), and (b) the Option Closing for the Second Option Securities shall be an amount equal to the sum of (the "Second Option Price;" the First Option Price and the Second Option Price are referred to collectively hereinafter as the "Option Prices") (i) three million eight hundred fifty-three thousand four hundred twenty dollars ($3,853,420.00), plus (ii) an amount equal to interest accrued on such $3,853,420.00 amount at the rate of six percent (6%) per annum, compounded quarterly, calculated from the First Closing Date to the Second Option Closing Date (as hereinafter defined).
Option Prices. The Prices for ordering an additional Satellite is as shown in the tables below: Ordered Ordered on or before between 10 Mar 1998 11 Mar 1998 and 10 Mar 1999 Satellite at Delivery $82,000,000 $86,500,000 The above Prices shall be escalated in accordance with the formula provided in Article 5, from November 1996 to the date of option exercise. SS/L-TP93002-01 Amendment 16
Option Prices a. Unless the Government exercises its option pursuant to the option clause referenced in ARTICLE I.3.
Option Prices. On the timely exercise of the First Option and/or Second Option (collectively the "Options") by Investor, Investor agrees to pay to the Company (i) $1.50 per First Option Share purchased (the "First Option Price"), (ii) $1.00 for each of the first 240,000 Second Option Shares purchased and $2.00 for each of the remaining 1,260,000 per Second Option Shares purchased (as applicable the "Second Option Price"), respectively, in immediately available funds by wire transfer to the account of the Company in the manner designated by the Company.
Option Prices. The Price for ordering an additional Satellite is Ninety-Million dollars ($90,000,000) if ordered prior to May 1, 1999 and Ninety-Four- Million-Five-Hundred-Thousand dollars ($94,500,000) if ordered on or after May 1, 1999 through May 1, 2000.
Option Prices a. Unless the Government exercises its option pursuant to FAR Clause 52.217-9 (Option to Extend the Term of the Contract), contained in ARTICLE I.2, the contract consists only of the base period (CLIN 0001) specified in the Statement of Work as defined in SECTIONS C and F, for the price set forth in ARTICLE B.2 of the contract.
