Common use of Xxxxx of Option Clause in Contracts

Xxxxx of Option. The Company hereby grants to Participant the right, privilege, and option (the “Option”) to purchase up to ( ) shares of Common Stock at a per share price of Dollars ($ ) subject to the terms and conditions set forth herein, and set forth in the Plan. The Option is a nonqualified stock option and will not be treated as an incentive stock option, as defined under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunder.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Broadwind Energy, Inc.), Nonqualified Stock Option Agreement (Broadwind Energy, Inc.), Nonqualified Stock Option Agreement (Tower Tech Holdings Inc.)

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Xxxxx of Option. The Company hereby grants to Participant the Optionee the right, privilege, and option (the “Option”) to purchase up to ( ________ shares (the “Option Shares”) shares of Common Stock at a per share price of Dollars ($ ) subject according to the terms and subject to the conditions hereinafter set forth herein, and set forth in the Planforth. The Option is a nonqualified “non-qualified stock option option,” and will it is not intended to be treated as an incentive stock option, as defined under ” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunderamended.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Verso Technologies Inc)

Xxxxx of Option. The Company hereby grants to Participant the Optionee the right, privilege, and option (the “Option”) to purchase up to ( 21,825 shares (the “Option Shares”) shares of Common Stock at a per share price of Dollars ($ ) subject according to the terms and subject to the conditions hereinafter set forth herein, and set forth in the Planforth. The Option is a nonqualified “non-qualified stock option option,” and will it is not intended to be treated as an incentive stock option, as defined under ” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunderamended.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Verso Technologies Inc)

Xxxxx of Option. The Company hereby grants to Participant the Optionee the right, privilege, and option (the “Option”) to purchase up to ( 32,738 shares (the “Option Shares”) shares of Common Stock at a per share price of Dollars ($ ) subject according to the terms and subject to the conditions hereinafter set forth herein, and set forth in the Planforth. The Option is a nonqualified “non-qualified stock option option,” and will it is not intended to be treated as an incentive stock option, as defined under ” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunderamended.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Verso Technologies Inc)

Xxxxx of Option. The Company hereby grants to Participant the Optionee the right, privilege, and option (the “Option”) to purchase up to ( _________________ (________) shares (the “Option Shares”) of the Company’s common stock, $.01 par value (the “Common Stock at a per share price of Dollars ($ ) subject Stock”), according to the terms and subject to the conditions hereinafter set forth herein, and as set forth in the Plan. The Option is a nonqualified stock option and will not intended to be treated as an incentive stock option, ,” as defined under that term is used in Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunder.

Appears in 1 contract

Samples: Agreement (August Technology Corp)

Xxxxx of Option. The Company hereby grants to Participant the Optionee the right, privilege, and option (the “Option”) to purchase up to ( shares (the “Option Shares”) shares of Common Stock at a per share price of Dollars ($ ) subject according to the terms and subject to the conditions hereinafter set forth herein, and set forth in the Planforth. The Option is a nonqualified “non-qualified stock option option,” and will it is not intended to be treated as an incentive stock option, as defined under ” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunderamended.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Tri-S Security Corp)

Xxxxx of Option. The Company hereby grants to Participant the Optionee the right, privilege, and option (the “Option”) to purchase up to ( 16,438 shares (the “Option Shares”) shares of Common Stock at a per share price of Dollars ($ ) subject according to the terms and subject to the conditions hereinafter set forth herein, and set forth in the Planforth. The Option is a nonqualified “non-qualified stock option option,” and will it is not intended to be treated as an incentive stock option, as defined under ” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunderamended.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Verso Technologies Inc)

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Xxxxx of Option. The Company hereby grants to Participant the Optionee the right, privilege, and option (the “Option”) to purchase up to ( 89,286 shares (the “Option Shares”) shares of Common Stock at a per share price of Dollars ($ ) subject according to the terms and subject to the conditions hereinafter set forth herein, and set forth in the Planforth. The Option is a nonqualified “non-qualified stock option option,” and will it is not intended to be treated as an incentive stock option, as defined under ” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunderamended.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Verso Technologies Inc)

Xxxxx of Option. The Company hereby grants to Participant the Optionee the right, privilege, and option (the “Option”) to purchase up to ( 44,643 shares (the “Option Shares”) shares of Common Stock at a per share price of Dollars ($ ) subject according to the terms and subject to the conditions hereinafter set forth herein, and set forth in the Planforth. The Option is a nonqualified “non-qualified stock option option,” and will it is not intended to be treated as an incentive stock option, as defined under ” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunderamended.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Verso Technologies Inc)

Xxxxx of Option. The Company hereby grants to Participant the Optionee the right, privilege, and option (the “Option”) to purchase up to ( _________________ (____________) shares (the “Option Shares”) of the Company’s common stock, $.01 par value (the “Common Stock at a per share price of Dollars ($ ) subject Stock”), according to the terms and subject to the conditions hereinafter set forth herein, and as set forth in the Plan. The Option is a nonqualified stock option and will not intended to be treated as an incentive stock option, ,” as defined under that term is used in Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunder.

Appears in 1 contract

Samples: Agreement (August Technology Corp)

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