Number of Shares and Option Price Sample Clauses

Number of Shares and Option Price. The Option is to purchase [NUMBER OF SHARES] shares of Common Stock (the “Option Shares”) at a price of [XXXXX XXXXX] per share (the “Option Price”), which is equal to the Fair Market Value (as defined in the Plan) of an Option Share as of the Grant Date.
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Number of Shares and Option Price. The Option entitles the Company to purchase from the Investors an aggregate of shares (the "Option Shares") of the Company's Common Stock, at an exercise price of $26.50 per share (the "Option Price") subject to adjustment as set forth herein. The Company shall purchase from each Investor that number of Option Shares equal to the product of the Option Shares multiplied by the percentage set forth opposite such Investor's name on Exhibit A hereto.
Number of Shares and Option Price. Pursuant to the action of the Committee, which action was effective on November 10, 2011 (the “Date of Grant”), the Optionee is hereby granted a non-qualified stock option (the “Option”) to purchase seventy five thousand (75,000) shares of the Company’s common stock, par value $0.01 per share (the “Option Shares”), at the purchase price of Fifty-One Cents ($0.51) per share (the “Option Price”). The Option Price is equal to or greater than the price at which the Company’s common stock was last sold as quoted on the Pink Sheets of the OTC on the Date of Grant.
Number of Shares and Option Price. The Option entitles the Optionee to purchase 3,163,264 shares of Common Stock (the “Option Shares”) at a per share exercise price of $15.50 (the “Option Price”), subject to adjustment as set forth in the Plan.
Number of Shares and Option Price. The Company hereby grants to Optionee the right and option to purchase from the Company on the terms and conditions hereinafter set forth, all or any part of an aggregate of the number of shares of the Common Stock, without par value, of the Company [hereinafter called the "Stock"] set forth above. The purchase price of the Stock subject to this Option shall be the Option Price per share set forth above.
Number of Shares and Option Price. The Option represents the right, on the terms and conditions set forth herein, to purchase _________________shares of the Common Stock (the "Shares") at a price of $__________ per share (the "Option Price").
Number of Shares and Option Price. The Option is to purchase shares of the Corporation's Common Stock at a price of $ . per share, which is the average of the high and low prices on , . Summary of terms and conditions. Can be exercised within ten (10) years Immediately exercisable upon change of control event Options expire three (3) months after termination for any reason except death, disability or retirement. Options expire one (1) year after termination due to death, disability or retirement IN WITNESS WHEREOF, the parties have executed the Stock Option Agreement on the day and year first above written. Central Vermont Public Service Corporation By: Chair of the Board of Directors The undersigned hereby accepts and agrees to all the terms and provisions of the foregoing Stock Option Agreement and to all the terms and provisions of the Plan herein incorporated by reference.
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Number of Shares and Option Price. This Option Grant entitles the Optionee to purchase ( ) shares of the Company’s common stock, par value $0.01 per share (the “Option Shares”), at a price (the “Option Price”) of and 00/100 ($ ) per share, which is not less that the Fair Market Value of the Option Shares as of the date hereof, as determined by the Committee.
Number of Shares and Option Price. The Option entitles the Optionee to purchase Common Shares (the “Option Shares”) at a per share exercise price of $ (the “Option Price”), subject to adjustment as set forth in the Plan.
Number of Shares and Option Price. The Option entitles the Optionee to purchase [that number of shares of Newcastle stock equal to 10% of the shares being sold in the IPO] shares (the "Option Shares") at a per share exercise price of [the initial offering price of the shares sold in the IPO] (the "Option Price") of the Company's common stock, par value $.01 per share (the "Common Stock"), subject to adjustment as set forth in the Plan.
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