Grant of Incentive Stock Option. The Company hereby grants to Holder, subject to the terms and conditions set forth herein, the incentive stock option ("ISO") to purchase up to 100,000 shares of Common Stock, at the purchase price of $4.25 per share, such ISO to be exercisable and exercised as hereinafter provided. 2.
Grant of Incentive Stock Option. The Company hereby grants to Holder, subject to the terms and conditions set forth herein and in the Plan, an incentive stock option (“ISO”) to purchase 400,000 shares of Common Stock, at the purchase price of $31.72 per share (the “Option”), such Option to be exercisable and exercised as hereinafter provided. If for any reason the Option or any portion of the Option shall not qualify as an ISO, then, to the extent of such nonqualification, such Option (or portion thereof) shall be regarded as a nonqualified stock option granted under the Plan, provided that such Option (or portion thereof) otherwise complies with the Plan’s requirements relating to nonqualified stock options. In no event shall any member of the Committee or any Participating Company (or their respective employees, officers or directors) have any liability to Holder (or any other person) due to the failure of an Option (or any portion thereof) to qualify for any reason as an ISO.
Grant of Incentive Stock Option. Pursuant to the provisions of Article II of the Long Term Incentive Plan of Success Development International, Inc, (the "Plan"), the Company hereby grants to Optionee, subject to the terms and conditions of the Plan (the terms of which are hereby incorporated by reference), the right and option (the "Incentive Stock Option") to purchase from the Company one hundred twenty five thousand (125,000) shares of common stock of the Company, par value $.001 (the "Common Stock"), subject to the terms and conditions herein set forth and exercisable as hereinafter provided. This Incentive Stock Option shall constitute an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").
Grant of Incentive Stock Option. The Company hereby grants to Optionee, as a matter of separate agreement and not in lieu of salary or any other compensation for service, the right and option (the "Option") to purchase all or any part of an aggregate of 900,000 shares of reserved authorized and unissued $.10 par value Common Stock of the Company (the "Option Shares") pursuant to the terms and conditions set forth in this Agreement. This Option can not be exercised as provided herein, in whole or in part, until and unless the Plan and this Option are approved by the shareholders of the Company at a duly called and held meeting of shareholders.
Grant of Incentive Stock Option. Subject to the terms and conditions hereinafter set forth, the Company grants to the Optionee the right and option (the "Option") to purchase from the Company all or any part of an aggregate number of ___________________________ (__________) shares of Common Stock, at a purchase price of not less than 85% the Fair Market Value of the Stock as of the date of exercise. The Option hereby granted is to be exercised at any time after this date.
Grant of Incentive Stock Option. (a) Subject to the terms and conditions hereinafter set forth, SFI, with the approval and at the direction of the Board (or, if applicable, a committee thereof appointed pursuant to Section 1.02(d) of the Plan), hereby grants to the Optionee, as of the Date of Grant, an option to purchase up to _______ shares of Stock at a price of $__________ per share, which price per share is at or above the present fair market value. Such option is hereinafter referred to as the "Incentive Stock Option" and the shares of stock purchasable upon exercise of the Incentive Stock Option are hereinafter sometimes referred to as the "Incentive Stock Option Shares." The Incentive Stock Option is intended by the parties hereto to be, and shall be treated as, an "incentive stock option," pursuant to and as such term is defined under Sections 421 and 422 of the Internal Revenue Code of 1986, as amended (the "Code").
Grant of Incentive Stock Option. Effective _____________, 19 ___, the Committee hereby grants to the Optionee, not in lieu of salary or any other compensation for services, the right and option (hereinafter referred to as the "ISO OPTION") to purchase from the Company _______________ shares of the Company's Common Stock, three dollars ($3.00) par value per share, as an incentive stock option (as defined in Section 422 of the Internal Revenue Code) (hereinafter referred to as the "ISO Optioned Stock"), subject to the terms and conditions hereinafter set forth.
Grant of Incentive Stock Option. The Company hereby grants to the Participant an incentive stock option intended to qualify under Section 422 of the Code to purchase all or any part of the Covered Shares (the “Incentive Stock Option”), subject to the terms and conditions of this Award Agreement and the Plan, which is incorporated herein by reference and made a part hereof for all purposes. The purchase price for each Covered Share to be purchased hereunder shall be the exercise price set forth on the Cover Page (the “Exercise Price”).
Grant of Incentive Stock Option. In compliance with the provisions of Section 422 of the Internal Revenue Code of 1986, as may be amended from time to time, the Company hereby grants to the Employee, subject to the terms and conditions herein set forth, an option ("Option") to purchase 1.0101 shares of the Company's common stock, par value $0.01 per share ("Stock"), at the purchase price of $330,000 per share, such Option to be exercisable and exercised as hereinafter provided.
Grant of Incentive Stock Option. The terms and conditions of the incentive stock option (the “Incentive Stock Option”) grant are set forth in this Agreement and the terms and conditions of the Plan are incorporated into and made a part of this Agreement. The Incentive Stock Option is intended to be an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). Name of Participant: Name Number of Shares subject to Incentive Stock Option: X,xxx shares of Common Stock (the “Shares”) Exercise Price per Share: $0.24 Grant Date: Date, 2019 Expiration Date: 10 years after Grant Date Vesting Schedule: The Incentive Stock Option granted under this Agreement shall vest as follows: · 25% shall vest on the first anniversary of the Grant Date (the “Initial Vesting Date”). · The remaining 75% shall vest ratably in equal monthly installments on the last day of each of the thirty-six (36) calendar months immediately following the Initial Vesting Date.
