Stock Option Grant Terms and Conditions Sample Clauses

Stock Option Grant Terms and Conditions. These terms and conditions are incorporated by reference into the Stock Option Agreement to which these terms and conditions are attached. Capitalized terms not defined herein shall have the meanings ascribed to them in the Plan.
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Stock Option Grant Terms and Conditions. These terms and conditions are incorporated by reference into the Stock Option Agreement to which these terms and conditions are attached. If the Option is designated as an EMI Stock Option above (“EMI Stock Option”), the Option is granted pursuant to and intended to qualify as an “enterprise management incentive stock option” or “EMI”) within the meaning of Schedule 5 U.K. Income Tax (Earnings and Pensions) Axx 0000 (“ITEPA”) as amended from time to time. It is granted to the Participant for the purpose of retaining his services and for genuine reasons, and is not part of any arrangement for which any purpose is the avoidance of tax. However, the Participant shall have no recourse of any kind against the Company (or relevant group company) if the incentives and tax relief provided by Part 7, chapter 9 and Schedule 5 ITEPA and Part 4, Schedule 7D U.K. Taxation of Chargeable Gains Axx 0000 are not available, for whatever reason. Participant agrees to enter into a notification of grant of an Option designated above as an EMI Stock Option with Participant’s employing company within 90 days of the Date of Grant, failure to do so will result in the lapse of the EMI Stock Option. Capitalized terms not defined herein shall have the meanings ascribed to them in the Plan.
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Related to Stock Option Grant Terms and Conditions

  • Stock Option Grant Subject to the provisions set forth herein and the terms and conditions of the Plan, and in consideration of the agreements of the Participant herein provided, the Company hereby grants to the Participant an Option to purchase from the Company the number of shares of Common Stock, at the exercise price per share, and on the schedule, set forth above.

  • Stock Option Grants Executive will receive an annual grant of stock options during the term of this Agreement in a manner and under terms that are consistent with grants made to other executives of the Company.

  • Additional Terms and Conditions of Award (a) Non-

  • Option Grant The Company hereby grants to the Optionee on the terms and conditions of this Agreement the right and the option (the “Option”) to purchase all or any part of shares of the Company’s Class A Common Stock at a purchase price of $ per share. The terms and conditions of the Option grant set forth in attached Exhibit A are incorporated into and made a part of this Agreement. The Option is intended to be an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

  • NOTICE OF STOCK OPTION GRANT Name: Address: You have been granted an option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Award Agreement, as follows: Grant Number Date of Grant Vesting Commencement Date Exercise Price per Share $ Total Number of Shares Granted Total Exercise Price $ Type of Option: Incentive Stock Option Nonstatutory Stock Option Term/Expiration Date:

  • Terms and Conditions of Option The Option evidenced by this Agreement is subject to the following terms and conditions, as well as the terms and conditions of Section 3 hereof.

  • Terms and Conditions of Options The Options evidenced hereby are subject to the following terms and conditions:

  • 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 of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The Stock Option Agreement shall specify whether the Option is an ISO or an NSO. The provisions of the various Stock Option Agreements entered into under the Plan need not be identical. Options may be granted in consideration of a reduction in the Optionee’s other compensation.

  • Grant of Option; Certain Terms and Conditions The Company hereby --------------------------------------------- grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the "Option Shares") at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the "Option"). On each anniversary of the Date of Grant, the Option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: ____________________ Date of Grant: _____________________ Number of shares purchasable: _____________________ Exercise Price per share: _____________________ Expiration Date: _____________________ Annual Vesting Rate: ____________________% The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

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