Common use of Grant and Exercise of Option Clause in Contracts

Grant and Exercise of Option. The Company hereby grants to Optionee an option to purchase a total of 200,000 shares of the authorized and unissued Common Stock of the Company, having a par value of $.0066 per share, at the price of $3.69 per share (the “Option”), upon and subject to the following terms and conditions:

Grant and Exercise of Option. The Company hereby grants to Optionee an option to purchase a total of 200,000 _________(_____)shares of the authorized and unissued Common Stock of the Company, having a par value of $.0066 .10 per share, at the price of $3.69 ____ per share (the “Option”)share, upon and subject to the following terms and conditions:

Grant and Exercise of Option. The Company hereby grants to Optionee an option to purchase a total of 200,000 ________________________________ (_______) shares of the authorized and unissued Common Stock of the Company, having a par value of $.0066 .10 per share, at the price of $3.69 4.00 per share (the “Option”)share, upon and subject to the following terms and conditions:

Grant and Exercise of Option. (a) The Company hereby grants to Optionee an option to purchase a total of 200,000 _________(_____)shares of the authorized and unissued Common Stock of the Company, having a par value of $.0066 .10 per share, at the price of $3.69 ____ per share share. The within option may be exercised in full on or before September __, 2013 (the “Option”"Expiration Date"), upon and subject to the following terms and conditions:.

Grant and Exercise of Option. The Company hereby grants to Optionee an option to purchase a total of 200,000 50,000 shares of the authorized and unissued Common Stock of the Company, having a par value of $.0066 .01 per share, at the price of $3.69 4.7625 per share (the “Option”)share, upon and subject to the following terms and conditions:

Grant and Exercise of Option. The Company hereby grants to Optionee an option to purchase a total of 200,000 ___________(_____) shares of the authorized and unissued Common Stock of the Company, having a par value of $.0066 .10 per share, at the price of $3.69 8.10 per share (the “Option”)share, upon and subject to the following terms and conditions:

Grant and Exercise of Option. The Company hereby grants to Optionee an option to purchase a total of 200,000 _________(_____)shares of the authorized and unissued Common Stock of the Company, having a par value of $.0066 .10 per share, at the price of $3.69 11.625 per share (the “Option”)share, upon and subject to the following terms and conditions:

Grant and Exercise of Option. The Company hereby grants to Optionee -------------------------------- an option to purchase a total of 200,000 [AMOUNT IN WORDS] [AMOUNT IN NUMBERS] shares of the authorized and unissued Common Stock of the Company, having a par value of $.0066 .10 per share, at the price of $3.69 8.55 per share (the “Option”)share, upon and subject to the following terms and conditions:

Grant and Exercise of Option. The Company hereby grants to Optionee an option to purchase a total of 200,000 360,000 shares of the authorized and unissued Common Stock of the Company, having a par value of $.0066 per share, at the price of $3.69 per share (the “Option”), upon and subject to the following terms and conditions:

Grant and Exercise of Option. The Company hereby grants to Optionee an option to purchase a total of 200,000 _________(_____)shares of the authorized and unissued Common Stock of the Company, having a par value of $.0066 .01 per share, at the price of $3.69 14.77 per share (the “Option”)share, upon and subject to the following terms and conditions:

Grant and Exercise of Option. The Company hereby grants to Optionee an option to purchase a total of 200,000 ___________(_____) shares of the authorized and unissued Common Stock of the Company, having a par value of $.0066 .10 per share, at the price of $3.69 13.625 per share (the “Option”)share, upon and subject to the following terms and conditions: