The Option Sample Clauses

The Option. (a) Issuer hereby grants to Grantee an unconditional, irrevocable option (the "Option") to purchase, subject to the terms hereof, up to 13,266,587 fully paid and nonassessable shares of common stock, having a par value of one dollar per share ("Common Stock"), of Issuer at a price per share in cash equal to $65.00 (the "Option Price"); provided, however, that in no event shall the number of shares for which the Option is exercisable exceed 19.9% of the shares of Common Stock issued and out standing at the time of exercise (without giving effect to the shares of Common Stock issued or issuable under the Option) (the "Maximum Applicable Percentage"). The number of shares of Common Stock purchasable upon exercise of the Option and the Option Price are subject to adjustment as set forth herein.
The Option. The Company hereby grants to NuVen the option to acquire Five Hundred Thousand (500,000) shares of the Company's Common Stock (the "Option"), subject to adjustment as set forth herein (such shares, as adjusted, are hereinafter referred to as the "Option Shares"), at a purchase price of Fifty Cents ($.50) per share ("Option Price").
The Option. Under and subject to the provisions of the Corporation's Employee Stock Option Plan as amended and as in effect from time to time ("Plan"), the Corporation hereby grants to Employee a non-statutory option to purchase an aggregate of 461,539 shares of Common Stock of the Corporation at the price of U.S. $1.30 per share ("Option"), subject to the following conditions:
The Option. The Company hereby grants to the Optionee an option (the “Option”) to purchase all or any part of an aggregate of such number of shares of Common Stock as is set forth on the signature page hereto (subject to adjustment as provided in Section 9 of the Interline Brands, Inc. 2012 Stock Option Plan (the “Plan”) on the terms and conditions set forth in this Agreement and as otherwise provided in the Plan. This Option is not intended to be treated as an “incentive stock option,” as such term is defined in Section 422 of the Internal Revenue Code of 1986, as amended.
The Option. Subject to the terms and conditions hereof, the Optionee is hereby granted the Option, at any time or from time to time commencing on the date of Option Agreement and at or before 5:00 P.M., Eastern Time, on or before thirty (30) days following the Conversion Date, as defined in the Loan Agreement (as defined in the Purchase Agreement) (such period hereinafter the "Option Exercise Period"), but not thereafter, to subscribe for and purchase the Option Shares for a purchase price of One Million Two Hundred Fifty Thousand Dollars ($1,250,000). (the "Option Exercise Price"). If the rights represented hereby shall not be exercised during the Option Exercise Period, this Option shall become and be void without further force or effect, and all rights represented hereby shall cease and expire.
The Option. The Option gives you the right to buy a certain number of shares of Cigna Common Stock (Shares) during the Option Period (described in paragraph 2) at the Option Price. Your Option Grant Agreement lists the number of Shares and your Option Price. To buy the Shares at the Option Price, you must exercise the Option.
The Option. In consideration for Optionee entering into the Amendment, the Company hereby grants to Optionee the option to acquire One Million (1,000,000) shares of its Common Stock (the "Option Shares"), at a purchase price (each, an "Option Price") as follows: Two Hundred Fifty Thousand (250,000) shares exercisable at $.60 per share, Two Hundred Fifty Thousand (250,000) shares exercisable at $.70 per share, Two Hundred Fifty Thousand (250,000) shares exercisable at $.80 per share, Two Hundred Fifty Thousand (250,000) shares exercisable at $.90 per share.
The Option. 2.1 Immediately upon the written request of the Grantee, which may be made at any time, the Grantor hereby irrevocably agrees to sell to the Grantee, any Person designated by the Grantee or any person to which the Grantee assigns its rights under this Agreement (the “Designee”) the Shares.
The Option. The Company grants the Option Holder the following options for purchasing or subscribing to shares in the Company (the “Options”): Date of grant: [=date of grant] Number granted: [=number of shares] shares (the “Option Shares”) Exercise price per share: NOK [=strike price] (the “Strike Price”) Date of expiration: 10 years after the date of grant