Grant of Stock Options. This non-qualified Stock Option is granted under and pursuant to the Plan and is subject to each and all of the provisions thereof.
Grant of Stock Options. The Company has granted to the Participant, effective as of the Date of Grant, the right and option to purchase, on the terms and conditions set forth in the Plan and this Agreement, all or any part of an aggregate of [ ] Shares, subject to adjustment as set forth in the Plan (the “Options”). The Options are intended to be Nonqualified Stock Options.
Grant of Stock Options. The Company hereby grants to the Participant an Option to purchase the number of Shares set forth above, at the stated Option Price, which is 100 percent (100%) of the Fair Market Value of a Share on the Date of Grant, in the manner and subject to the terms and conditions of the Plan and this Agreement.
Grant of Stock Options. Subject to the terms and conditions of this Agreement and of the Plan, the Company hereby grants to the Employee a nonqualified stock option (“Stock Option”) to purchase from time to time all or any part of the number of common shares of the Company’s Class A Common Stock (“Common Shares”) reflected in the Employee’s grant statement, the terms of which grant statement are incorporated as part of this Agreement, at a price per share equal to 100 percent of the Fair Market Value of the Common Shares (the closing price) on the Grant Date.
Grant of Stock Options. Executive shall receive stock options to purchase shares of the Company’s common stock in such number, at an exercise price and on such other terms as may be approved by the Compensation Committee of the Company Board, in its sole discretion. Any such options will become exercisable on a schedule no less favorable than generally provided with respect to options granted to executives of the Bank (other than the Chief Executive Officer), with such vesting to accelerate on a Change in Control (as defined in Section 3.2).
Grant of Stock Options. As an inducement to the Executive to enter into this Agreement, the Company hereby agrees to cause the Stock Option Committee of the Board to grant to the Executive (pursuant to, and subject to stockholder approval of, the Salton/Maxim Housewares, Inc. 1998 Stock Option Plan (the "1998 Plan")): (i) on December 18, 1998, stock options to purchase 63,179 shares of Common Stock with an exercise price equal to the closing price of the Common Stock reported on the Nasdaq National Market on December 18, 1998; and (ii) On December 17, 1999, stock options to purchase 63,179 shares of Common Stock with an exercise price equal to the closing price of the Common Stock on the Nasdaq National Market on December 17, 1999; provided that the foregoing stock option grants need not be made if prior to the required date of such grants the Executive's employment is terminated for Cause or if the Executive's employment is terminated without Good Reason or due to his death or Disability. The stock options to be granted pursuant to this Section 5.1 are collectively referred to herein as the "Stock Options." The Company agrees to use its reasonable best efforts (which shall include the solicitation of proxies) to obtain stockholder approval of the 1998 Plan as soon as practicable. In the event that (i) the 1998 Plan is not approved by stockholders on or prior to December 18, 1998, or (ii) the Stock Option Committee of the Board fails to grant the aforementioned Stock Options for any reason other than the termination of the Executive's employment for Cause or by the Executive for Good Reason, death or Disability, then the Company agrees to grant to the Executive stock appreciation rights which provide the Executive with substantially the same benefits as the Stock Options (as if the Executive continued to be an employee of the Company). The term of the Stock options will be ten (10) years and one-third of the Stock Options will vest each anniversary of December 19, 1997. The other terms and conditions of the Stock Options will be set forth in the 1998 Plan. Notwithstanding the foregoing, in the event that prior to December 17, 1999, the Company announces a Change of Control, then upon consummation of such Change of Control, the Executive shall be entitled to elect to receive in lieu of the exercise of any of the Stock Options which are required to be granted to the Executive in accordance with this Section 5.1 a lump sum payment upon such Change of Control in an amount equal to (i...
Grant of Stock Options. The Company hereby grants to the Participant Options to purchase Shares in the manner and subject to the terms and conditions of the Plan and this Award Agreement as follows:
Grant of Stock Options. The Company hereby grants to you, subject to the terms and conditions in this Executive Non-Statutory Stock Option Agreement (the “Agreement”) and subject to the terms and conditions of the Plan, an option to purchase the number of Shares specified on the cover page of this Agreement (the “Option”).
Grant of Stock Options. Subject to the terms and conditions contained herein and in the Plan, the Company hereby grants to the Participant, effective as of the Date of Grant, the number of Stock Options specified at the foot of the signature page hereof. Each Stock Option shall entitle the Participant to purchase, upon payment of the exercise price (the "Exercise Price") specified at the foot of the signature page hereof, one share of Common Stock. The Stock Options shall be exercisable as hereinafter provided.
Grant of Stock Options. Sprint hereby grants to Executive under the Program options to buy shares of FON Stock at a strike price of $ per share (the “Option”). The Option becomes exercisable at a rate of 25% of the total number of shares subject to purchase on each of the first four anniversaries of the Grant Date and expires on the 10th anniversary of the Grant Date. The Option is governed by, and this Agreement hereby incorporates, the Standard Terms of Options set forth in Section 6(g) of the Program except (i) as provided in Section 4 below, and (ii) that the strike price of $ was set at 110% of the Fair Market Value of one Share of FON Stock on the Grant Date.
