Common use of Stock Subject to Option Clause in Contracts

Stock Subject to Option. The Corporation hereby grants to Optionee, under and pursuant to the Plan, the right and option ("Option") to purchase, on the terms and conditions hereinafter set forth, an aggregate of shares of the Corporation's common stock, no par value. The Option is hereby designated as an "incentive stock option," as defined in Section 422 of the Internal Revenue Code of 1986, as amended. 2.

Stock Subject to Option. The Corporation hereby grants to Optionee, under and pursuant to the Plan, the right and option ("Option") to purchase, on the terms and conditions hereinafter set forth, an aggregate of shares of the Corporation's common stock, no par value. The Option is hereby designated granted as an a "non-incentive stock option," as defined in Section 422 of the Internal Revenue Code of 1986, as amended". 2.

Stock Subject to Option. The Corporation hereby grants to Optionee, under and pursuant to the Plan, the right and option ("“Option"”) to purchase, on the terms and conditions hereinafter set forth, an aggregate of _________Thousand (numeric) shares of the Corporation's ’s common stock, with no par value, and a tandem stock appreciation right (“SAR”) for the same number of shares. The Option is hereby designated as an "“incentive stock option," ” as defined in Section 422 of the Internal Revenue Code of 1986, as amended. 2.

Stock Subject to Option. The Corporation hereby grants to Optionee, under and pursuant to the Plan, the right and option ("Option") to purchase, on the terms and conditions hereinafter set forth, an aggregate of ( ) shares of the Corporation's common stock, no par value. The Option is hereby designated as an "incentive stock option," as defined in Section 422 of the Internal Revenue Code of 1986, as amended. 2.