Option; Number of Shares; Option Price. The Participant is granted the right and option to purchase (the “Option”) all or any part of an aggregate of 1,000 shares of the Company’s Common Stock (individually, a “Share” and jointly, the “Shares”) at the purchase price of $0.75 per Share (the “Option Price”) any time before the tenth anniversary of the date of this Award Agreement. If the Participant exercises the Option prior to the fourth anniversary of the date of this Award Agreement, the shares of Common Stock received from the exercise of the Option that are unvested shares according to the schedule set forth in Section 1.2 are hereafter referred to as “Restricted Shares” and Shares that have vested are referred to as “Vested Shares.” The period during which there are Restricted Shares outstanding is referred to herein as the “Restricted Period.” If the Option remains outstanding and is exercised on or after the fourth anniversary of the date of this Award Agreement, all of the Shares will be Vested Shares and none of the Shares will be Restricted Shares.
Option; Number of Shares; Option Price. The Option (as defined below) granted hereunder is intended to be a nonstatutory stock option and therefore shall not qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended. Employee shall have the right and option to purchase all or any part of an aggregate of [●] shares of $0.01 par value common stock of the Company (“Share(s)”) at the purchase price of $[●] per Share (the “Option”).
Option; Number of Shares; Option Price. The Participant is granted the right and option to purchase (the “Option”) all or any part of an aggregate of [NUMBER] shares of Common Stock (individually, a “Share” and jointly, the “Shares”) at the purchase price of $[PRICE] per Share (the “Option Price”).
Option; Number of Shares; Option Price. The Participant is granted the right and option to purchase (the “Option”) all or any part of an aggregate of «NUMBER» shares of Common Stock (individually, a “Share” and jointly, the “Shares”) at the purchase price of $ per Share (the “Option Price”). If the Participant exercises the Option prior to the Vesting End Date (as defined in Section 1.2), the Shares received from the exercise of the Option that are unvested shares according to the schedule set forth in Section 1.2 are hereinafter referred to as “Restricted Stock” and Shares that have vested are referred to as “Vested Shares.” The period during which there is Restricted Stock outstanding is referred to herein as the “Restricted Period.” If the Option remains outstanding and is exercised on or after the Vesting End Date, all of the Shares will be Vested Shares and none of the Shares will be Restricted Stock.
Option; Number of Shares; Option Price. The Participant is granted the right and option to purchase (the “Option”) all or any part of an aggregate of 40,000 shares of the Company’s Series E Preferred Stock (individually, a “Share” and jointly, the “Shares”) at the purchase price of $0.456 per Share (the “Option Price”) any time before the tenth anniversary of the date of this Award Agreement. If the Participant exercises the Option prior to November 1, 2008, the shares of Series E Preferred Stock received from the exercise of the Option and any shares of Common Stock received upon conversion of shares of such Series E Preferred Stock (“Common Shares”) that are unvested shares according to the schedule set forth in Section 1.2 are hereafter referred to as “Restricted Shares” and Shares or Common Shares that have vested are referred to as “Vested Shares.” The period during which there are Restricted Shares outstanding is referred to herein as the “Restricted Period.” If the Option remains outstanding and is exercised after October 31, 2008, all of the Shares will be Vested Shares and none of the Shares will be Restricted Shares.
Option; Number of Shares; Option Price. The Employee shall have the right and option to purchase all or any part of an aggregate _________ Shares (the “Option”) at the purchase price of $_______ per Share.
Option; Number of Shares; Option Price. The Employee shall have the right and option to purchase all or any part of an aggregate of 150,000 Shares (the “Option”) at the purchase price of $44.37 per Share.
Option; Number of Shares; Option Price. The Participant is granted the right and option to purchase (the “Option”) all or any part of an aggregate of 7,500 shares of the Company’s Common Stock (individually, a “Share” and jointly, the “Shares”) at the purchase price of $1.28 per Share (the “Option Price”) any time before November 22, 2010. If the Participant exercises the Option prior to November 22, 2010, the shares of Common Stock received from the exercise of the Option that are unvested shares according to the schedule set forth in Section 1.2 are hereafter referred to as “Restricted Shares” and Shares that have vested are referred to as “Vested Shares.” The period during which there are Restricted Shares outstanding is referred to herein as the “Restricted Period.” If the Option remains outstanding and is exercised on or after November 22, 2010, all of the Shares will be Vested Shares and none of the Shares will be Restricted Shares.
Option; Number of Shares; Option Price. The Option (as defined below) granted hereunder is intended to be a nonstatutory stock option and therefore, shall not qualify as an incentive stock option pursuant to Section 422 of the Internal Revenue Code of 1986, as amended. Employee shall have the right and option to purchase all or any part of an aggregate of [________] shares of $0.01 par value common stock of the Company (“Share(s)”) at the purchase price of $0.79 per Share (the “Option”), which is equal to the Fair Market Value (as defined below) of a Share as of the date of this Agreement. For purposes of this Agreement, the term “Fair Market Value” shall mean, as of any date, the closing price of a Share on the NYSE Amex.
Option; Number of Shares; Option Price. The Participant will have the right and option to purchase the number of shares of the Company’s Common Stock (individually, a “Share” and jointly, the “Shares”) set forth on the Appendix or Appendices hereto pursuant to the terms and conditions set forth in this Agreement (the “Option”). The purchase price for each of the Option Shares will be the purchase price set forth on the Appendix or Appendices hereto.
