Option to Purchase Common Stock Sample Clauses

Option to Purchase Common Stock a. Subject to Section 5 hereof, the Corporation hereby grants to the Employee an option (the "Option") to purchase from the Corporation 1,362,000 Option Shares, at a purchase price of $1.60 per Option Share (the "Option Price"). The Employee's right and option to purchase the Option Shares shall vest annually commencing January 1, 2000 until January 1, 2002, with respect to installments of 454,000 Option Shares at the Option Price, so long as the Employee is employed by the Corporation. Said right shall be cumulative so that as of January 1, 2002, Optionee shall have the fully vested right to purchase 1,362,000 Option Shares. In the event that the Employee's employment with the Corporation terminates prior to January 1 of any year, the Employee shall not have the right or option to purchase any part of the installment of 454,000 Option Shares that would have otherwise vested on such January 1. With respect to the Option, the "Option Period" shall commence on the date hereof and terminate on December 31, 2006.
Option to Purchase Common Stock a. The Corporation hereby grants to the Holder an option (the "Option") to purchase from the Corporation 250,000 Option Shares, at a purchase price of $.10 per Option Share (the "Option Price"). The Holder's right and option to purchase the Option Shares shall vest, subject to subsection 1(d) and Section 6, as follows: (i) 85,000 Option Shares vest July 1, 1997, (ii) 55,000 Option Shares vest on January 1, 1998, (iii) 55,000 Option Shares vest July 1, 1998; (iv) 55,000 Option Shares vest January 1, 1999 (each an "Installment") at the Option Price, so long as the Holder is employed by the Corporation, ACTV, Inc. or any affiliate or subsidiary of ACTV, Inc. (collectively, the "ACTV Group"). Said right shall be cumulative. With respect to each Installment, the "Option Period" shall commence on the date said Installment vests and terminate on June 2, 2007.
Option to Purchase Common Stock a. Subject to Section 5 hereof, the Corporation hereby grants to the Employee an option (the "Option") to purchase from the Corporation 564,000 vested Option Shares, excluding options previously exercised, at a purchase price of $1.50 per Option Share (the "Option Price"). With respect to the Option, the "Option Period" shall commence on the date hereof and terminate on December 31, 2003.
Option to Purchase Common Stock. The senior management of the Company will recommend that the Board grant the Executive an option to purchase 450,000 shares of the Company’s common stock $0.000001 par value per share (the “Common Stock”) having an exercise price equal to the fair market value of the Company’s Common Stock as of the grant date and that such stock will have a term of eight (8) years (the “Option”).
Option to Purchase Common Stock. Promptly following the Effective Date, the senior management of the Company will recommend that the Board grant the Executive an option (the "Option") to purchase 1,000,000 shares of the Company's Common Stock pursuant to the Company's 2004 Equity Incentive Plan (the "Plan") at an exercise price per share equal to the fair market value of a share of the Company's Common Stock as of the date of such grant, as determined by the Board, and subject to the following vesting schedule: 1/36 of the shares subject to the Option shall vest on each monthly anniversary of the date of this Agreement, subject to Executive's Continuous Service (as defined in the Plan) through each such date. Notwithstanding the above, the Option will vest immediately with respect to 100% of any then unvested or unreleased shares upon a Termination Other Than For Cause.
Option to Purchase Common Stock a. Subject to Section 12 hereof, the Corporation hereby grants to the Grantee an option (the "Option") to purchase from the Corporation 67,500 Option Shares, at a purchase price of $2.00 per Option Share (the "Option Price"). The Grantee's right and option to purchase the Option Shares shall vest commencing on the date hereof and expiring five years from the date hereof.
Option to Purchase Common Stock. Promptly following the Effective Date, the senior management of the Company will recommend that the Board grant the Executive an option (the “Option”) to purchase 800,000 shares of the Company’s Common Stock (the “Shares”) pursuant to the Company’s 2004 Equity Incentive Plan as Amended (the “Plan”) at an exercise price per share equal to the fair market value of a share of the Company’s Common Stock as of the date of such grant, as determined by the Board, and subject to the following vesting schedule: NewCardio, Inc. Confidential Material Employment Agreement - Xxxxxxx X Xxxx
Option to Purchase Common Stock. The Company hereby grants Executive ------------------------------- an option to purchase fifty thousand (50,000) shares of common stock of the Company. The terms and conditions of this option shall be set forth in a separate Option Agreement, a copy of which shall be attached as Exhibit B to this Agreement.
Option to Purchase Common Stock. The Company further grants to the Investor the option to purchase, at any time until 5:00 P.M., New York City time, on July 31, 2001, up to the number specified below of fully paid and non-assessable shares of the Company's Common Stock, $.01 par value ("Common Stock") at a price of $1.50 per share of Common Stock (the "Exercise Price") payable in cash, by certified check or official bank check or by wire transfer, subject to adjustment as provided below. The shares of Common Stock which may the purchased upon exercise of such option are collectively hereinafter referred to as the "Option Shares."
Option to Purchase Common Stock. (a) Option A for 120,000 of the outstanding shares of ------------------------------------------------- Common Stock. Subject to Section 7 hereof, (i) commencing on the ------------ date hereof and on the first day of each month hereafter until January 1, 1991, the Corporation grants to the Optionee the fully vested right and option (collectively, the "Option A") to purchase from the Corporation 6,666 shares ("Option A Shares") at a purchase price of $2.50 per Option A Share (the "Option A Price") and (ii) commencing on February 1, 1991, the Corporation grants to the Optionee the Option A to purchase from the Corporation 6,678 Option A Shares, at the Option A Price. Said rights shall be cumulative so that as of February 1, 1991, Optionee shall have the right to purchase 120,000 Option A Shares, which shares are subject to adjustment pursuant to Section 4(a) and (b) hereof.