Stock Option Agreement Sample Clauses

Stock Option Agreement. In addition to the salary hereinabove provided, the Executive shall be granted options to purchase 25,000 shares of the Corporation's Common Stock as of January 1 of each year during the Term of this Agreement at an exercise price equal to to average of the closing bid and asked price of the Corporation's Common Stock during month of December immediately preceeding said January 1, pursuant to the terms of the Stock Option Agreement between the Corporation and the Executive executed concurrently herewith.
Stock Option Agreement. Each grant of an Option under the Plan shall be evidenced by a Stock Option Agreement between the Optionee and the Company. Such Option shall be subject to all applicable terms and conditions of the Plan and may be subject to any other terms and conditions which are not inconsistent with the Plan and which the Committee deems appropriate for inclusion in a Stock Option Agreement. The provisions of the various Stock Option Agreements entered into under the Plan need not be identical.
Stock Option Agreement. To induce Parent to execute this Agreement, the Company has executed and delivered to Parent as of the date hereof a Stock Option Agreement in the form attached hereto as EXHIBIT D (the "Stock Option Agreement"), pursuant to which the Company has granted to Parent an option to acquire from the Company 12,807,795 shares of Company Common Stock at an exercise price equal to $54.00 per share. Such option shall become exercisable only in the events described in the Stock Option Agreement.
Stock Option Agreement. 1 Subsidiary.....................................................................8
Stock Option Agreement. As a condition and inducement to Parent's willingness to enter into this Plan, the Company is entering into a Stock Option Agreement dated as of the date hereof in the form of Annex 1 hereto (the "Stock Option Agreement") with Parent pursuant to which the Company has granted to Parent an option to purchase shares of Company Common Stock.
Stock Option Agreement. Concurrently with the execution of this ---------------------- Employment Contract, the Employer shall present to the Employee a "Stock Option Agreement" which shall grant the Employee the right to purchase up to Six Hundred Thousand (600,000) shares of the Employer Corporation stock upon terms and conditions outlined in said "Stock Option Agreement".
Stock Option Agreement. Company acknowledges the prior grant to Executive of 250,000 stock options (the "Option Shares") made pursuant to the Original Employment Agreement under which, subject to the terms thereof, the Option Shares are scheduled to vest on June 30, 1999.
Stock Option Agreement. AStock Option Agreement@ shall mean the Stock Option Agreement dated the date hereof, entered into by Celtic Investment, Inc. and Employee whereby Employee is granted (i) options to purchase 150,000 shares of Celtic Common Stock, which options vest over a period of time as provided for in the Stock Option Agreement and (ii) options to purchase 350,000 shares of Celtic Common Stock, which options vest on the basis of the achievement of certain operating results as agreed to in the Stock Option Agreement.