Common use of Stock Option Grant Clause in Contracts

Stock Option Grant. Executive shall be granted a stock option to purchase up to 695,000 shares of Company common stock (the “Option”). The Option: (1) will have an exercise price equal to the closing price of Company common stock on the grant date, (2) will vest as to ¼ of the shares subject to the Option on the first anniversary of the Start Date and the remainder of the shares will vest in a series of 36 successive substantially equal monthly installments thereafter, and (3) will be subject to the terms set forth in Company’s equity incentive plan pursuant to which the Option grant is made and to the terms of the stock option agreement Executive will be required to sign with respect to the Option.

Stock Option Grant. Subject to approval by the Board, Executive shall be granted a stock an option to purchase up to 695,000 312,397 shares of Common Stock of the Company common stock at the fair market value on the date of grant (the “Option”). The Option: (1) will have an exercise price equal Option shall be governed in all respects by the terms of the governing equity plan documents and option agreement between Executive and the Company, and shall be subject to the closing price of Company common stock on the grant date, (2) will vest as to ¼ a vesting schedule whereby 25% of the shares subject to the Option on shall vest one year after grant, with the first anniversary of the Start Date and the remainder of the remaining shares will vest vesting in a series of 36 successive substantially equal monthly installments over the following three years thereafter, and (3) will be subject to the terms set forth in CompanyExecutive’s equity incentive plan pursuant to which the Option grant is made and to the terms of the stock option agreement Executive will be required to sign with respect to the Optioncontinuous service.

Stock Option Grant. As of the date hereof the Company is granting to the Executive shall be granted a stock an option to purchase up to 695,000 300,000 shares of Company common stock (the “Option”). The Option: (1) will have an exercise price equal to the closing price of Company common stock on the grant dateCommon Stock, (2) will vest as to ¼ of the shares subject to the Option on the first anniversary of the Start Date and the remainder of the shares will vest in a series of 36 successive substantially equal monthly installments thereafter, and (3) will be subject to the terms set forth in Company’s equity incentive plan pursuant to which the Option grant is made and to the terms of the Stock Option Agreement attached hereto as Exhibit A. The Executive will also participate in stock option agreement Executive will be required to sign with respect to the Optionor other long term incentive programs for senior management, as determined by Compensation Committee in its discretion.

Stock Option Grant. Executive shall Subject to approval of the Board, you will be granted a stock an option (the "Option") to purchase up to 695,000 800,000 shares of Company the Company's common stock (the “Option”)stock. The Option: (1) will have an exercise price equal to the closing price of Company common stock on the grant date, (2) will vest as to ¼ of the shares subject to the Option on the first anniversary of the Start Date and the remainder of the shares will vest in a series of 36 successive substantially equal monthly installments thereafter, and (3) will be subject to the terms set forth granted in Company’s equity incentive plan pursuant to which the Option grant is made and to accordance with the terms of the stock Company's Long Term Incentive Plan (the "Plan"). The option agreement Executive exercise price will be required to sign with respect to the Optionfair market value of the Company's common stock (as determined by the Board at the meeting at which the Option is approved) and your vesting schedule will be as set forth in the Plan or as otherwise determined by the Board at the time the Option is approved.

Stock Option Grant. Subject to approval by the Board, Executive shall be granted a stock an option to purchase up to 695,000 150,000 shares of Common Stock of the Company common stock at the fair market value on the date of grant (the “Option”). The Option: (1) will have an exercise price equal Option shall be governed in all respects by the terms of the governing equity plan documents and option agreement between Executive and the Company, and shall be subject to the closing price of Company common stock on the grant date, (2) will vest as to ¼ a vesting schedule whereby 25% of the shares subject to the Option on shall vest one year after grant, with the first anniversary of the Start Date and the remainder of the remaining shares will vest vesting in a series of 36 successive substantially equal monthly installments over the following three years thereafter, and (3) will be subject to the terms set forth in CompanyExecutive’s equity incentive plan pursuant to which the Option grant is made and to the terms of the stock option agreement Executive will be required to sign with respect to the Optioncontinuous service.

Stock Option Grant. Executive shall be granted a stock option to purchase up to 695,000 750,000 shares of Company common stock (the “Option”). The Option: (1) will have an exercise price equal to the closing price of Company common stock on the grant date, (2) will vest as to ¼ of the shares subject to the Option on the first anniversary of the Start Date and the remainder of the shares will vest in a series of 36 successive substantially equal monthly installments thereafter, and (3) will be subject to the terms set forth in Company’s equity incentive plan pursuant to which the Option grant is made and to the terms of the stock option agreement Executive will be required to sign with respect to the Option.

Stock Option Grant. Subject to approval by the Board of Directors (the “Board”), Executive shall be granted a stock an option to purchase up to 695,000 250,000 shares of Common Stock in the Company common stock at the fair market value on the date of grant (the “Option”). The Option: Option shall be governed in all respects by the terms of the governing equity plan documents and option agreement between Executive and the Company, and shall be subject to a vesting schedule whereby one-quarter (11/4) will have an exercise price equal to the closing price of Company common stock on the grant date, (2) will vest as to ¼ of the shares subject to the Option on shall vest one year after grant, with the first anniversary of the Start Date and the remainder of the remaining shares will vest vesting in a series of 36 successive substantially equal monthly installments over the following three years thereafter, and (3) will be subject to the terms set forth in CompanyExecutive’s equity incentive plan pursuant to which the Option grant is made and to the terms of the stock option agreement Executive will be required to sign with respect to the Optioncontinuous service.

Stock Option Grant. Subject to approval by the Board, Executive shall be granted a stock an option to purchase up to 695,000 179,192 shares of Common Stock of the Company common stock at the fair market value on the date of grant (the “Option”). The Option: (1) will have an exercise price equal Option shall be governed in all respects by the terms of the governing equity plan documents and option agreement between Executive and the Company, and shall be subject to the closing price of Company common stock on the grant date, (2) will vest as to ¼ a vesting schedule whereby 25% of the shares subject to the Option on shall vest one year after grant, with the first anniversary of the Start Date and the remainder of the remaining shares will vest vesting in a series of 36 successive substantially equal monthly installments over the following three years thereafter, and (3) will be subject to the terms set forth in CompanyExecutive’s equity incentive plan pursuant to which the Option grant is made and to the terms of the stock option agreement Executive will be required to sign with respect to the Optioncontinuous service.

Stock Option Grant. On or before the execution and delivery of this Agreement, the Company shall grant Executive shall be granted a stock option to purchase up to 695,000 270,000 shares of Company common stock (the “Option”). The Option: (1) will have an exercise Common Stock, at a price per share equal to the closing market price of Company common stock the Common Stock on the grant date, date the option is: granted. Shares covered by the option shall vest and become exercisable on the following schedule: (2i) will vest as to ¼ of the shares subject first year - 0%; (ii) second year - 10%; (iii) third year -40%; and (iv) fourth year - 50%. Subject to the Option on foregoing, the first anniversary option shall be based upon such terms and conditions as may be approved by the Board of the Start Date and the remainder of the shares will vest in a series of 36 successive substantially equal monthly installments thereafter, and Directors (3) will be subject to the terms set forth in Company’s equity incentive plan pursuant to which the Option grant is made and to the terms of the stock option agreement Executive will be required to sign with respect to the Optionor an appropriate committee thereof).

Stock Option Grant. Subject to approval by the Board of Directors (the “Board”), Executive shall be granted a stock an option to purchase up to 695,000 300,000 shares of Common Stock in the Company common stock at the fair market value on the date of grant (the “Option”). The Option: Option shall be governed in all respects by the terms of the governing equity plan documents and option agreement between Executive and the Company, and shall be subject to a vesting schedule whereby one-quarter (11/4) will have an exercise price equal to the closing price of Company common stock on the grant date, (2) will vest as to ¼ of the shares subject to the Option on shall vest one year after grant, with the first anniversary of the Start Date and the remainder of the remaining shares will vest vesting in a series of 36 successive substantially equal monthly installments over the following three years thereafter, and (3) will be subject to the terms set forth in CompanyExecutive’s equity incentive plan pursuant to which the Option grant is made and to the terms of the stock option agreement Executive will be required to sign with respect to the Optioncontinuous service.

Stock Option Grant. From time to time, the Board of Directors may grant Executive shall be granted a stock option options to purchase up to 695,000 shares of Company common stock (in the “Option”). The Option: (1) will have an exercise price equal to company in accordance with the closing price of Company common stock on the grant date, (2) will vest as to ¼ terms and conditions of the shares Plan and Executive’s Stock Option Agreement with Company. In addition, if the Company is subject to a Change in Control before or within ninety (90) days following termination of the Executive’s service, then 100% of the Shares subject to the Option on the first anniversary of the Start Date and the remainder of the shares will vest in a series of 36 successive substantially equal monthly installments thereafter, and (3) will be subject to the terms set forth in Company’s equity incentive plan pursuant to which the Option grant is made and to the terms of the stock option agreement Executive will be required to sign with respect to the OptionOptions shall vest.

Stock Option Grant. Executive shall be granted a stock option to purchase up to 695,000 1,000,000 shares of Company common stock (the “Option”). The Option: (1) will have an exercise price equal to the closing price of Company common stock on the grant date, (2) will vest as to ¼ of the shares subject to the Option on the first anniversary of the Start Date and the remainder of the shares will vest in a series of 36 successive substantially equal monthly installments thereafter, and (3) will be subject to the terms set forth in Company’s equity incentive plan pursuant to which the Option grant is made and to the terms of the stock option agreement Executive will be required to sign with respect to the Option.