Form of Option Agreement Sample Contracts

Form of Option Agreement under the Tekni-Plex, Inc. Stock Incentive Plan
Form of Option Agreement • September 28th, 2007 • Tekni Plex Inc • Gaskets, packg & sealg devices & rubber & plastics hose • Delaware
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FORM OF OPTION AGREEMENT (Erskine Village)
Form of Option Agreement • July 26th, 2004 • Kite Realty Group Trust • Real estate investment trusts • Indiana

THIS OPTION AGREEMENT (this “Agreement”) is made as of , 2004 by and among, Kite Realty Group L.P., a Delaware limited partnership (“Kite Realty”), Kite South Bend, LLC, an Indiana limited liability company (“Optionor”) and Alvin E. Kite, Jr., John A. Kite, Paul W. Kite and Thomas K. McGowan (each a “Member” and, collectively, the “Members”).

FORM OF OPTION AGREEMENT
Form of Option Agreement • February 17th, 2017 • Fluor Corp • Heavy construction other than bldg const - contractors • Delaware

This Option Agreement (“Agreement”) entered into as of February [__], 2017 (the “Grant Date”), by and between Fluor Corporation, a Delaware corporation (the “Company”), and you (“Grantee” or “you”) evidences the grant to Grantee of a Stock Option (“Option”) under the Fluor Corporation Amended & Restated 2008 Executive Performance Incentive Plan (the “Plan”). Capitalized terms used in this Agreement and not defined herein have the meaning set forth in the Plan.

FORM OF OPTION AGREEMENT
Form of Option Agreement • May 18th, 2023 • Madison Square Garden Entertainment Corp. • Services-miscellaneous amusement & recreation • New York

Pursuant to Sphere Entertainment Co.’s 2020 Employee Stock Plan or MSG Network Inc.’s 2010 Employee Stock Plan, as amended, as applicable, on [Date] (the “Grant Date”), you were granted options to purchase shares of Sphere Entertainment Co. (formerly known as Madison Square Garden Entertainment Corp.) (“Sphere Entertainment”) Class A Common Stock. In conjunction with the spin-off of Madison Square Garden Entertainment Corp. (formerly known as MSGE Spinco, Inc.) (the “Company”) from Sphere Entertainment on [Date] (the “Distribution Date”), and pursuant to the Company’s 2023 Employee Stock Plan (the “Plan”), you are receiving the award described in this Option Agreement (the “Agreement”) of nonqualified stock options (the “Options”) to purchase [#shares] shares of the Company’s Class A common stock (the “Class A Common Stock”) at a price of $[Dollars] per share.

FORM OF OPTION AGREEMENT
Form of Option Agreement • December 23rd, 2013 • Mediobanca - Banca Di Credito Finanziario SpA • Communications services, nec

Reference is made to your letter dated 27 November 2013, with which you propose an offer for us to execute an Option Agreement, the contents of which we reproduce in full below:

FORM OF OPTION AGREEMENT
Form of Option Agreement • March 10th, 2023 • MSGE Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

Pursuant to MSG Sphere Corp.’s 2020 Employee Stock Plan or MSG Network Inc.’s 2010 Employee Stock Plan, as amended, as applicable, on [Date] (the “Grant Date”), you were granted options to purchase shares of MSG Sphere Corp. (formerly known as Madison Square Garden Entertainment Corp.) (“MSG Sphere”) Class A Common Stock. In conjunction with the spin-off of Madison Square Garden Entertainment Corp. (formerly known as MSGE Spinco, Inc.) (the “Company”) from MSG Sphere on [Date] (the “Distribution Date”), and pursuant to the Company’s 2023 Employee Stock Plan (the “Plan”), you are receiving the award described in this Option Agreement (the “Agreement”) of nonqualified stock options (the “Options”) to purchase [#shares] shares of the Company’s Class A common stock (the “Class A Common Stock”) at a price of $[Dollars] per share.

FORM OF OPTION AGREEMENT PURSUANT TO THE ARES MANAGEMENT, L.P. 2014 EQUITY INCENTIVE PLAN
Form of Option Agreement • May 7th, 2014 • Ares Management Lp • Investment advice • Delaware

THIS AGREEMENT (the “Agreement”) is entered into as of (the “Grant Date”), by and between Ares Management, L.P., a Delaware limited partnership (the “Partnership”), and (the “Participant”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Ares Management, L.P. 2014 Equity Incentive Plan (the “Plan”).

WITNESSETH:
Form of Option Agreement • September 28th, 1998 • Balanced Care Corp • Services-nursing & personal care facilities • Pennsylvania
FORM OF OPTION AGREEMENT
Form of Option Agreement • May 5th, 2023 • Fluor Corp • Heavy construction other than bldg const - contractors

This Option Agreement ("Agreement") entered into as of [GRANT DATE] (the "Grant Date"), by and between Fluor Corporation, a Delaware corporation (the "Company"), and you ("Grantee" or “you”) evidences the grant to Grantee of a Stock Option ("Option") under the Fluor Corporation 2020 Performance Incentive Plan (the "Plan"). Capitalized terms used in this Agreement and not defined herein have the meaning set forth in the Plan.

FORM OF OPTION AGREEMENT
Form of Option Agreement • February 16th, 2023 • MSGE Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

Pursuant to MSG Sphere Corp.’s 2020 Employee Stock Plan or MSG Network Inc.’s 2010 Employee Stock Plan, as amended, as applicable, on [Date] (the “Grant Date”), you were granted options to purchase shares of MSG Sphere Corp. (formerly known as Madison Square Garden Entertainment Corp.) (“MSG Sphere”) Class A Common Stock. In conjunction with the spin-off of Madison Square Garden Entertainment Corp. (formerly known as MSGE Spinco, Inc.) (the “Company”) from MSG Sphere on [Date] (the “Distribution Date”), and pursuant to the Company’s 2023 Employee Stock Plan (the “Plan”), you are receiving the award described in this Option Agreement (the “Agreement”) of nonqualified stock options (the “Options”) to purchase [#shares] shares of the Company’s Class A common stock (the “Class A Common Stock”) at a price of $[Dollars] per share.

FORM OF OPTION AGREEMENT (2023) – DIRECTOR STOCK OPTION GRANT NOTICE AND STOCK OPTION AGREEMENT
Form of Option Agreement • November 9th, 2023 • TransDigm Group INC • Aircraft parts & auxiliary equipment, nec • Delaware

TransDigm Group Incorporated, a Delaware corporation (the “Company”), pursuant to the TransDigm Group Incorporated 2019 Stock Option Plan (the “Plan”), hereby grants to the holder listed below (“Participant”), an option to purchase the number of shares of the Company’s common stock, par value $0.01 (“Stock”), set forth below (the “Option”). This Option is subject to all of the terms and conditions set forth herein and in the Stock Option Agreement, including any applicable country-specific terms, attached hereto as Exhibit A (the “Agreement”) and the Plan, which are incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Grant Notice and the Stock Option Agreement.

ADVANCED ENVIRONMENTAL PETROLEUM PRODUCERS INC. STOCK OPTION AGREEMENT
Form of Option Agreement • August 29th, 2017 • Advanced Environmental Petroleum Producers Inc. • Pharmaceutical preparations • Delaware
FORM OF OPTION AGREEMENT
Form of Option Agreement • January 18th, 2012 • Integra Leasing As • Air transportation, nonscheduled • New York

THIS AGREEMENT (the “Agreement”), is made effective as of the day of , at [Time], (hereinafter called the “Effective Date”) between 6922767 Holding (Cayman) Inc. (hereinafter called the “Company”), and [Full Name] (hereinafter called the “Participant”)

FORM OF OPTION AGREEMENT CUTERA, INC.
Form of Option Agreement • September 10th, 2015 • Cutera Inc • Electromedical & electrotherapeutic apparatus • California

Unless otherwise defined herein, the terms defined in the 2004 Equity Incentive Plan will have the same defined meanings in this Award Agreement.

FORM OF OPTION AGREEMENT by and between DOUGLAS N. RAUCY and Dated as of , 2014
Form of Option Agreement • February 25th, 2014 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Delaware

OPTION AGREEMENT dated as of , 2014 (this “Agreement”) between Douglas N. Raucy (“Raucy”) and 1347 Property Insurance Holdings, Inc., a Delaware corporation (“PIH” or the “Company”).

PRA INTERNATIONAL FORM OF OPTION AGREEMENT
Form of Option Agreement • February 2nd, 2005 • PRA International • Services-commercial physical & biological research • Delaware

THIS OPTION AGREEMENT (the “Agreement”) evidences an agreement made as of the ___th day of ________, 200___ (the “Date of Grant”), by and between __________ (the “Optionee”), and PRA INTERNATIONAL, a Delaware corporation (the “Corporation”).

FORM OF OPTION AGREEMENT UNDER THE KII HOLDING CORP. 1998 STOCK OPTION PLAN
Form of Option Agreement • April 1st, 1999 • Stellex Industries Inc • Search, detection, navagation, guidance, aeronautical sys • Delaware
FORM OF OPTION AGREEMENT (this “Agreement”) dated as of [l], 2007 between DOMUS HOLDINGS CORP., a Delaware corporation, (the “Company”) and OPTIONEE (as set forth on the signature page hereto, the “Optionee”).
Form of Option Agreement • December 18th, 2007 • NRT Settlement Services of Missouri LLC • Real estate agents & managers (for others) • Delaware

WHEREAS, the Company, acting through the Committee with the consent of the Company’s Board of Directors (the “Board”) will grant to the Optionee, effective as of [l], 2007 (the “Grant Date”), an option under the Domus Holdings Corp. 2007 Stock Incentive Plan (the “Plan”) to purchase a number of shares of Common Stock (“Shares”) on the terms and subject to the conditions set forth in this Agreement and the Plan;

Form of Option Agreement under the New Hampshire Thrift Bancshares, Inc.
Form of Option Agreement • May 18th, 2004 • New Hampshire Thrift Bancshares Inc • Savings institution, federally chartered

This Stock Option Agreement is intended to set forth the terms and conditions on which a Stock Option has been granted under the New Hampshire Thrift Bancshares, Inc. 2004 Stock Incentive Plan. Set forth below are the specific terms and conditions applicable to this Stock Option. Attached as Exhibit A are its general terms and conditions.

FORM OF OPTION AGREEMENT
Form of Option Agreement • May 5th, 2011 • Fluor Corp • Heavy construction other than bldg const - contractors • Delaware

This Option Agreement (“Agreement”) entered into as of [GRANT DATE] (the “Grant Date”), by and between Fluor Corporation, a Delaware corporation (the “Company”), and you (“Grantee” or “you”) evidences the grant to Grantee of a Stock Option (“Option”) under the Fluor Corporation 2008 Executive Performance Incentive Plan (the “Plan”). Capitalized terms used in this Agreement and not defined herein have the meaning set forth in the Plan.

SEALSQ CORP F SHARE OPTION PLAN
Form of Option Agreement • February 10th, 2023 • SEALSQ Corp • Semiconductors & related devices • Virgin Islands

SEALSQ Corp is a BVI business company limited by shares incorporated under the laws of the British Virgin Islands with registered number 2095496.

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FORM OF OPTION AGREEMENT
Form of Option Agreement • October 7th, 2004 • U-Store-It Trust • Real estate investment trusts • Ohio

THIS OPTION AGREEMENT (this “Agreement”) is made as of October, 2004 by and between U-Store-It, L.P., a Delaware limited partnership (“USI”), and Rising Tide Development, LLC, an Ohio limited liability company (“Optionor”).

PRA INTERNATIONAL FORM OF OPTION AGREEMENT (Directors)
Form of Option Agreement • February 9th, 2006 • PRA International • Services-commercial physical & biological research • Delaware

THIS OPTION AGREEMENT (the “Agreement”) evidences an agreement made as of the ___th day of ___, 200___ (the “Date of Grant”), by and between ______ (the “Optionee”), and PRA INTERNATIONAL, a Delaware corporation (the “Corporation”).

SCHEDULE 1 FORM OF OPTION AGREEMENT SEALSQ CORP SHARE OPTION PLAN
Form of Option Agreement • March 10th, 2023 • SEALSQ Corp • Semiconductors & related devices

This OPTION AGREEMENT is made on March 10, 2023, by and between SEALSQ Corp is a company limited by shares incorporated under the laws of the British Virgin Islands with registered number 2095496 (the "Company") and Peter Ward (the "Participant").

FORM OF OPTION AGREEMENT
Form of Option Agreement • August 29th, 2013 • Potbelly Corp • Retail-eating places

THIS OPTION AGREEMENT issued pursuant to POTBELLY CORPORATION 2004 EQUITY INCENTIVE PLAN (this “Agreement”) is made in Chicago, Illinois by and between the employee whose name appears below (the “Employee”) and POTBELLY CORPORATION, a Delaware corporation (the “Company”).

FORM OF OPTION AGREEMENT
Form of Option Agreement • May 25th, 2004 • Jefferson Capital Interests, Inc.

That the Undersigned (“Optioner”) hereby agrees for and in consideration of services rendered as Director, the receipt of which services is hereby acknowledged as received by the undersigned (“Optionees”) as follows:

FORM OF OPTION AGREEMENT ISSUED TO THE EXECUTIVE OFFICERS OF 1347 PROPERTY INSURANCE HOLDINGS, INC.
Form of Option Agreement • March 26th, 2015 • 1347 Property Insurance Holdings, Inc. • Fire, marine & casualty insurance • Delaware

WHEREAS the Corporation has established the 2014 Equity Incentive Plan, as amended from time to time (the “Plan”), to attract, retain and motivate persons as directors, officers and other employees of the Corporation and its Subsidiaries and to advance the interests of the Corporation by providing such persons with the opportunity to acquire an increased proprietary interest in the Corporation pursuant to and in accordance with the Plan; and

FORM OF OPTION AGREEMENT OF SAVERS VALUE VILLAGE, INC.
Form of Option Agreement • May 11th, 2023 • Savers Value Village, Inc. • Retail-miscellaneous retail

THIS AGREEMENT (the “Agreement”) is entered into as of [GRANT DATE] (the “GRANT DATE”) by and between Savers Value Village, Inc., a Delaware corporation (previously S-Evergreen Holding, LLC) (the “Company”), and [FIRST NAME LAST NAME], an employee or manager of the Company or one of its Subsidiaries (hereinafter referred to as the “Optionee”).

INTEGRA LIFESCIENCES HOLDINGS CORPORATION STOCK OPTION GRANT AND AGREEMENT Pursuant to 2003 EQUITY INCENTIVE PLAN
Form of Option Agreement • June 6th, 2008 • Integra Lifesciences Holdings Corp • Laboratory analytical instruments • Delaware
FORM OF OPTION AGREEMENT
Form of Option Agreement • December 10th, 2020 • Fluor Corp • Heavy construction other than bldg const - contractors • Delaware

This Option Agreement ("Agreement") entered into as of [GRANT DATE] (the "Grant Date"), by and between Fluor Corporation, a Delaware corporation (the "Company"), and you ("Grantee" or “you”) evidences the grant to Grantee of a Stock Option ("Option") under the Fluor Corporation 2017 Performance Incentive Plan (the "Plan"). Capitalized terms used in this Agreement and not defined herein have the meaning set forth in the Plan.

FORM OF OPTION AGREEMENT
Form of Option Agreement • July 24th, 2015 • MSG Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

Pursuant to The Madison Square Garden Company 2010 Employee Stock Plan, on [ ] (the “Grant Date”), you were granted options to purchase shares of The Madison Square Garden Company (to be renamed MSG Networks Inc.) (“MSG”) Class A Common Stock. In conjunction with the spin-off of MSG Spinco, Inc. (to be renamed The Madison Square Garden Company) (the “Company”) from MSG on [ ] (the “Distribution Date”), and pursuant to the Company’s 2015 Employee Stock Plan (the “Plan”), you are receiving the award described in this Option Agreement (the “Agreement”) of nonqualified stock options (the “Options”) to purchase [ ] shares of MSG Spinco, Inc. Class A common stock (the “Class A Common Stock”) at a price of [$ ] per share.

FORM OF OPTION AGREEMENT
Form of Option Agreement • July 15th, 2015

Brigade Resource Corp. (the “Company”) hereby grants the undersigned (the “Optionee”) incentive stock options to purchase common shares of the Company (the “Options”) in accordance with the Company’s stock option plan, as amended from time to time (the “Plan”), according to the following terms. The Optionee acknowledges that the grant of Options is subject to (a) the Plan; (b) the regulations and provisions of the British Columbia Securities Commission, the Ontario Securities Commission and any other applicable provincial securities commission; and (c) the approval of the Canadian Securities Exchange or other stock exchange, as applicable.

FORM OF OPTION AGREEMENT PURSUANT TO THE HENRY SCHEIN, INC. 2020 STOCK INCENTIVE PLAN (AS AMENDED AND RESTATED EFFECTIVE AS OF MAY 21, 2020)
Form of Option Agreement • March 8th, 2021 • Henry Schein Inc • Wholesale-medical, dental & hospital equipment & supplies • New York

THIS AGREEMENT (the “Agreement”) is made as of [Grant Date] (the “Grant Date”), by and between Henry Schein, Inc. (the “Company”) and [Participant Name] (the “Participant”). Additional country-specific terms and conditions that govern the grant made hereunder are attached hereto on Annex 1, which terms and conditions are incorporated by reference herein and made a part of the Agreement.

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