Common use of Grant of Option Clause in Contracts

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 per share, of Issuer (the "Issuer Common Stock") at a purchase price of $13.00 per Option Share (the "Purchase Price").

Appears in 3 contracts

Samples: Stock Option Agreement (Perkin Elmer Corp), Stock Option Agreement (Perkin Elmer Corp), Stock Option Agreement (Perseptive Biosystems Inc)

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Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 3,253,066 shares (as adjusted as set forth herein) shares (, the "Option Shares"," which shall include the Option Shares before and after any transfer of such Option Shares) of Common Stockcommon stock, $.01 par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $29.06 per share of Issuer Common Stock.

Appears in 3 contracts

Samples: Stock Option Agreement (Gulf South Medical Supply Inc), Stock Option Agreement (Physician Sales & Service Inc /Fl/), Stock Option Agreement (Gulf South Medical Supply Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 1,290,000 shares (as adjusted as set forth herein) shares (herein the "Option Shares") ," which shall include the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $30.50.

Appears in 2 contracts

Samples: Stock Option Agreement (Maryland Federal Bancorp Inc), Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 (as adjusted as set forth herein) 250,000 shares (the "Option Shares") of Common Stockcommon stock, par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 0.53 per Option Share (the "Purchase Price").

Appears in 2 contracts

Samples: Stock Option Agreement (Cfoex), Stock Option Agreement (Cfoex)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 (as adjusted as set forth herein) 500,000 shares (the "Option Shares") of Common Stockcommon stock, par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 0.53 per Option Share (the "Purchase Price").

Appears in 2 contracts

Samples: Stock Option Agreement (Cfoex), Stock Option Agreement (Cfoex)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 (654,629 shares as adjusted as set forth herein) shares herein (the "Option Shares") ," which shall include the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 0.10 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share Share, subject to adjustment as set forth herein (the "Purchase Price"), equal to $26.75.

Appears in 2 contracts

Samples: Stock Option Agreement (Bb&t Corp), Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 2,838,708 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 1.00 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $25.00.

Appears in 2 contracts

Samples: Stock Option Agreement (Bb&t Corp), Stock Option Agreement (First Liberty Financial Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up 620,940 shares (subject to 4,478,308 (as adjusted adjustment as set forth herein) shares (the "Option Shares") of Common Stockcommon stock, par value $.01 1.00 per share, of Issuer (the "Issuer Common Stock") at a purchase price (subject to adjustment as set forth herein) of $13.00 30.30 per Option Share (the "Purchase Price").

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Source Bancorp Inc), Stock Option Agreement (Pulse Bancorp Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 27,563,644 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 .10 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 50.657 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 2 contracts

Samples: Stock Option Agreement (Unum Corp), Stock Option Agreement (Provident Companies Inc /De/)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 2,974,658 shares (as adjusted subject to adjustment as set forth herein) shares (the "Option Shares") of Common StockClass A common stock, par value $.01 per share, of Issuer (the "Issuer Common Stock") at a purchase price (subject to adjustment as set forth herein) of $13.00 33.75 per Option Share (the "Purchase Price").

Appears in 2 contracts

Samples: Stock Option Agreement (Oxford Resources Corp), Stock Option Agreement (Barnett Banks Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 such number of shares (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, no par value $.01 per sharevalue, of Issuer (the "Issuer Common Stock") as equals 19.9% of the issued and outstanding shares of Issuer Common Stock at a purchase price of $13.00 60.00 per Option Share (the "Purchase Price").

Appears in 2 contracts

Samples: Stock Option Agreement (Agouron Pharmaceuticals Inc), Stock Option Agreement (Warner Lambert Co)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 4,828,960 shares (as adjusted as set forth herein) shares (, the "Option Shares"," which shall include the Option Shares before and after any transfer of such Option Shares) of Common Stockcommon stock of Issuer, $4.00 par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $30.50.

Appears in 2 contracts

Samples: Stock Option Agreement (United Carolina Bancshares Corp), Stock Option Agreement (Southern National Corp /Nc/)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 740,300 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $21.25.

Appears in 2 contracts

Samples: Stock Option Agreement (Bb&t Corp), Stock Option Agreement (Firstspartan Financial Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 1,809,804 shares (as adjusted as set forth herein) shares (, the "Option Shares", which shall include the Option Shares before and after any transfer of such Option Shares) of Common Stockcommon stock, par value $.01 0.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 per Option Share (the "Purchase Price")) equal to $15.50.

Appears in 2 contracts

Samples: Stock Option Agreement (Richmond County Financial Corp), Stock Option Agreement (Richmond County Financial Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 6,700,000 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 10.00 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $29.75.

Appears in 2 contracts

Samples: Stock Option Agreement (One Valley Bancorp Inc), Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 (1,155,127 shares, as adjusted as set forth herein) shares herein (the "Option Shares") ," which shall include the Option Shares before and after any transfer of Common Stocksuch Option Shares), of common stock of Issuer, $1.00 par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $17.50.

Appears in 2 contracts

Samples: Stock Option Agreement (Bb&t Corp), Stock Option Agreement (Virginia First Financial Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 (as adjusted as set forth herein) 19.9% of the number of shares (the "Option Shares") of Common Stockcommon stock, par value $.01 0.10 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer issued and outstanding immediately prior to the grant of the Option at a purchase price of $13.00 23.55 (as adjusted as set forth herein) per Option Share (the "Purchase Price"). 2.

Appears in 2 contracts

Samples: Stock Option Agreement Stock Option Agreement (Acxiom Corp), Stock Option Agreement Stock Option Agreement (Acxiom Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 791,700 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 1.00 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $28.00.

Appears in 2 contracts

Samples: Stock Option Agreement (Bb&t Corp), Stock Option Agreement (Matewan Bancshares Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 7,319,000 (as adjusted as set forth herein) shares (the "Option Shares") of Class A Common Stock, par value $.01 0.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 23 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 2 contracts

Samples: Annex a Option Agreement (Vanguard Cellular Systems Inc), Option Agreement (At&t Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 15,753,823 (after giving effect to the two-for-one stock split to holders of record of FDC Common Stock on July 9, 1997) (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 0.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 27.78 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 2 contracts

Samples: FDC Corporation Stock Option Agreement (Falcon Drilling Co Inc), FDC Corporation Stock Option Agreement (Falcon Drilling Co Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 14,340,154 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 0.05 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 34.00 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 2 contracts

Samples: Corporation Stock Option Agreement (Falcon Drilling Co Inc), Corporation Stock Option Agreement (Falcon Drilling Co Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 1,848,560 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $15.00.

Appears in 2 contracts

Samples: Stock Option Agreement (Bb&t Corp), Stock Option Agreement (Virginia Capital Bancshares Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 21,140,482 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 1.00 per share, of Issuer (the "Issuer Common Stock") at a purchase price of $13.00 11.50 per Option Share (the "Purchase Price").

Appears in 2 contracts

Samples: Oryx Stock Option Agreement (Kerr McGee Corp), Oryx Stock Option Agreement (Oryx Energy Co)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 2,199,000 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 2.50 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $9.50.

Appears in 2 contracts

Samples: Stock Option Agreement (Bankfirst Corp), Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 (as adjusted as set forth herein) 19.9% of the number of shares (the "Option Shares") of Common Stockcommon stock, par value $.01 0.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer issued and outstanding immediately prior to the grant of the Option at a purchase price of $13.00 33.90 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 2 contracts

Samples: Stock Option Agreement (Alltel Corp), Stock Option Agreement (360 Communications Co)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 (1,959,668 shares, as adjusted as set forth herein) shares herein (the "Option Shares") ," which shall include the Option Shares before and after any transfer of Common Stocksuch Option Shares), of common stock of Issuer, $.01 par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $24.75.

Appears in 2 contracts

Samples: Stock Option Agreement (Bb&t Corp), Stock Option Agreement (Life Bancorp Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 2,466,947 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 per share, of Issuer (the "Issuer Common Stock") at a cash purchase price of $13.00 per Option Share equal to $12.00 (the "Purchase Price").

Appears in 2 contracts

Samples: Stock Option Agreement (Quintiles Transnational Corp), Stock Option Agreement (Pharmaceutical Marketing Services Inc)

Grant of Option. Subject to (a) Upon the terms and subject to the conditions set forth herein, Issuer hereby grants to Grantee an unconditional, irrevocable option (the "Option") to purchase up to 4,478,308 (as adjusted as set forth herein) 1,425,088 shares (the "Option Shares") of Common StockIssuer's common stock, par value $.01 0.50 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 5.50 per Option Share share (the "Purchase Price"), subject to adjustment as set forth herein.

Appears in 1 contract

Samples: 1 Stock Option Agreement (Trion Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 43,832,749 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 .001 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 89.00 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (Lucent Technologies Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 (as adjusted as set forth herein) 19.9% of the number of shares (the "Option Shares") of Common Stockcommon stock, par value $.01 0.10 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer issued and outstanding immediately prior to the grant of the Option at a purchase price of $13.00 23.55 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (May & Speh Inc)

Grant of Option. Subject to (a) Upon the terms and subject to the conditions set forth herein, Issuer hereby grants to Grantee an unconditional, irrevocable option (the "Option") to purchase up to 4,478,308 (as adjusted as set forth herein) 1,520,912 shares (the "Option Shares") of Common StockIssuer's common stock, par value $.01 0.01 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 25.50 per Option Share share (the "Purchase Price"), subject to adjustment as set forth herein.

Appears in 1 contract

Samples: Stock Option Agreement (Dyson Kissner Moran Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "OptionOPTION") to purchase up to 4,478,308 1,219,986 (as adjusted as set forth herein) shares (the "Option SharesOPTION SHARES") of Class A Common Stock, par value $.01 per share, of Issuer (the "Issuer Common Stock") Stock at a purchase price of $13.00 43.60 (as adjusted as set forth herein) per Option Share (the "Purchase PricePURCHASE PRICE").

Appears in 1 contract

Samples: Stock Option Agreement (Conopco Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 1,650,000 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 5.00 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $28.00.

Appears in 1 contract

Samples: Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 2,462,391 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 per share, of Issuer (the "Issuer Common Stock") at a purchase price of $13.00 14.50 per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (Pharmaceutical Marketing Services Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "OptionOPTION") to purchase up to 4,478,308 2,993,205 shares (as adjusted as set forth herein) shares (, the "Option SharesOPTION SHARES") of Common Stockcommon stock, $.001 par value $.01 per shareshare ("ISSUER COMMON STOCK"), of Issuer (the "Issuer Common Stock") at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase PricePURCHASE PRICE")) equal to $117.00.

Appears in 1 contract

Samples: Stock Option Agreement (Akamai Technologies Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 260,000 shares (as adjusted as set forth herein) shares (, the "Option Shares") ,” which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 per share, of Issuer share (the "Issuer Common Stock") ”), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")”) equal to $26.50.

Appears in 1 contract

Samples: Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 835,000 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 .50 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $26.00.

Appears in 1 contract

Samples: Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 600,000 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, no par value $.01 per share, of Issuer (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 15.50 per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (Rto Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 7,427,192 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 52.25 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (Cincinnati Bell Inc /Oh/)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 1,060,000 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 .10 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $19.50.

Appears in 1 contract

Samples: Stock Option Agreement (Floridafirst Bancorp Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 276,430 shares (as adjusted as set forth herein) shares (the "Option Shares", which shall include the Option Shares before and after any transfer of such Option Shares) of Common Stock, $2.50 par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 per Option Share (the "Purchase Price")) of $10.00.

Appears in 1 contract

Samples: Stock Option Agreement (Mainstreet Bankgroup Inc)

Grant of Option. Subject to the terms and --------------- conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 11,943 (as ------ adjusted as set forth herein) shares (the "Option Shares") of ------------- Common Stock, no par value $.01 per share, of Issuer (the "Issuer Common Stock") ), of Issuer at ------------------- a purchase price of $13.00 1,400.00 per Option Share (the "Purchase -------- Price").. -----

Appears in 1 contract

Samples: Stock Option Agreement (Alrenco Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 (as adjusted as set forth herein) that number of shares which equals 19.9% of the issued and outstanding Issuer Common Shares (the "Option Shares") immediately prior to the exercise of Common Stock, par value $.01 this Option at a price per share, of Issuer share (the "Issuer Common StockOption Price") at a purchase price equal to $16.50, payable in cash. The number of $13.00 per Option Share (Shares and the "Purchase Price")Option Price are subject to adjustment as set forth herein.

Appears in 1 contract

Samples: Stock Option Agreement (U S Bioscience Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 2,111,815 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 per share, of Issuer (the "Issuer Common Stock") at a purchase price of $13.00 15.75 per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (Walsh International Inc \De\)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 650,000 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 0.1 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $29.00.

Appears in 1 contract

Samples: Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 2,092,757 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stockcommon stock, par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 10.50 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (Mosaix Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 19.9% (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, without par value $.01 per share, of Issuer (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 29.42 per Option Share (the "Purchase Price"). 2.

Appears in 1 contract

Samples: Stock Option Agreement (Home Choice Holdings Inc)

Grant of Option. Subject to the terms and conditions set forth ---------------- herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 11,099,963 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 61.00 per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (Centocor Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 43,090,773 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 1.00 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 64.82 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: White Stock Option Agreement (CSX Corp)

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Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 2,200,000 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, no par value $.01 per share, of Issuer (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $25.75.

Appears in 1 contract

Samples: Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 6,889,293.63 (as adjusted as set forth herein) shares (the "Option Shares") of Detective Common Stock, par value $.01 per share, of Issuer (the "Issuer Common Stock") Stock at a purchase price of $13.00 7.65 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Option Agreement (Data Broadcasting Corporation)

Grant of Option. Subject to the terms and --------------- conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 600,000 (as ------ adjusted as set forth herein) shares (the "Option Shares") of ------------- Common Stock, no par value $.01 per share, of Issuer (the "Issuer Common Stock") ), of Issuer at ------------------- a purchase price of $13.00 15.50 per Option Share (the "Purchase -------- Price").. -----

Appears in 1 contract

Samples: Stock Option Agreement (Alrenco Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 43,832,749 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 .001 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 89.00 (as adjusted as set forth herein) per Option Share (the "Purchase Price"). 2.

Appears in 1 contract

Samples: Stock Option Agreement (Ascend Communications Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 1,006,868 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 1.00 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $40.00.

Appears in 1 contract

Samples: Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth ---------------- herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 11,407,457 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 0.001 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 53.91 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (International Network Services)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 560,483 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 1.00 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $27.50.

Appears in 1 contract

Samples: Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 2,267,300 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 0.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 49-13/16 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (United Meridian Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 27,420,757 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 34.83 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (Cincinnati Bell Inc /Oh/)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 4,750,000 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, no par value $.01 per share, of Issuer (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price").) equal to $16.75

Appears in 1 contract

Samples: Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 2,126,574 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stockcommon stock, par value $.01 0.0001 per share, of Issuer (the "Issuer Common Stock") ), at a purchase price of $13.00 2.60 per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Option Agreement (Printcafe Software Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 3,102,592 shares (as adjusted as set forth herein) shares (, the "Option Shares") of Common Stockcommon stock, $.001 par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $117.00.

Appears in 1 contract

Samples: Stock Option Agreement (Intervu Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 that number of shares of Issuer's common stock, par value $.01 per share (as adjusted as set forth hereinthe "Common Stock") which equals 19.9% of the issued and outstanding shares of Common Stock of Issuer (the "Option Shares") immediately prior to the exercise of Common Stock, par value $.01 this Option at a price per share, of Issuer share (the "Issuer Common StockOption Price") at a purchase price equal to $0.72, payable in cash. The number of $13.00 per Option Share (Shares and the "Purchase Price")Option Price are subject to adjustment as set forth herein.

Appears in 1 contract

Samples: Stock Option Agreement (Syntellect Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up a number of shares of common stock, par value $0.10 per share ("Issuer Common Stock"), of Issuer as shall, after exercise and as adjusted as set forth herein, be equal to 4,478,308 19.9% of the issued and outstanding shares of Issuer Common Stock) (the "Option Shares") at a purchase price per Option Share (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 per share, of Issuer (the "Issuer Common Stock") at a purchase price of $13.00 per Option Share (the "Purchase Price")) equal to $20.94.

Appears in 1 contract

Samples: Checkpoint Stock Option Agreement (Checkpoint Systems Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 (as adjusted as set forth herein) 68,800 shares (the "Option Shares") of the Issuer's Common Stock, par value $.01 per share, of Issuer (the "Issuer Common Stock") Stock at a purchase price of $13.00 7.00 per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (Independent Community Bankshares Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase from the Issuer up to 4,478,308 400,000 (as adjusted subject to adjustment as set forth herein) shares (the "Option Shares") of Common Stockcommon stock, par value $.01 .03 per share, share of Issuer (the "Issuer Common Stock") ), at a purchase price of $13.00 1.00 (subject to adjustment as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Exhibit 3 Stock Option Agreement (Science Applications International Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 19.9% (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 13.24 per Option Share (the "Purchase Price"). 2.

Appears in 1 contract

Samples: Stock Option Agreement (Home Choice Holdings Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 63,922,570 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 0.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 38.125 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (Morgan Stanley Group Inc /De/)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 31,506,582 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 1.00 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 62.906 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (Dean Witter Discover & Co)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 2,188,180 shares (as adjusted as set forth herein) shares (, the "Option Shares"," which shall include the Option Shares before and after any transfer of such Option Shares) of Common Stockcommon stock, $1.00 par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $25.00. 3.

Appears in 1 contract

Samples: 1 Stock Option Agreement (CCB Financial Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 1,112,862 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 .50 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $19.00.

Appears in 1 contract

Samples: Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 15,955,477 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 1.00 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 92.50 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Green Stock Option Agreement (CSX Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 1,973,600 shares (as adjusted as set forth herein) shares (the "Option Shares"," which shall include the Option Shares before and after any transfer of such Option Shares) of Common Stock, par value $.01 1.00 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 per Option Share (the "Purchase Price")) equal to $41.50.

Appears in 1 contract

Samples: Stock Option Agreement (Union Planters Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 2,370,000 shares (as adjusted as set forth herein) shares (, the "Option Shares") ," which term shall refer to the Option Shares before and after any transfer of Common Stocksuch Option Shares), of the common stock of Issuer, par value $.01 1.00 per share, of Issuer share (the "Issuer Common Stock") ), at a purchase price of $13.00 per Option Share (subject to adjustment as set forth herein, the "Purchase Price")) equal to $15.00.

Appears in 1 contract

Samples: Stock Option Agreement (Bb&t Corp)

Grant of Option. Subject to the terms and conditions set forth ---------------- herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 7,500,000 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stockcommon stock, par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 21.23 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Stock Option Agreement (Skytel Communications Inc)

Grant of Option. Subject to the terms and conditions set forth --------------- herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to ------ purchase up to 4,478,308 2,550,041 (as adjusted as set forth herein) shares (the "Option ------ Shares") of Common Stockcommon stock, par value $.01 .001 per share, of Issuer share (the "Issuer Common Stock") ), of ------ ------------------- Issuer at a purchase price of $13.00 177.125 (as adjusted as set forth herein) per Option Share (the "Purchase Price").. --------------

Appears in 1 contract

Samples: Stock Option Agreement (Ortel Corp/De/)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up a number of shares of common stock, par value $0.01 per share ("Issuer Common Stock"), of Issuer as shall, after exercise and as adjusted as set forth herein, be equal to 4,478,308 19.9% of the issued and outstanding shares of Issuer Common Stock (the "Option Shares") at a purchase price per Option Share (as adjusted as set forth herein) shares (the "Option Shares") of Common Stock, par value $.01 per share, of Issuer (the "Issuer Common Stock") at a purchase price of $13.00 per Option Share (the "Purchase Price")) equal to $24.08.

Appears in 1 contract

Samples: Ultrak Stock Option Agreement (Checkpoint Systems Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 4,089,234 shares (as adjusted as set forth herein) shares (the "Option Shares"," which shall include the Option Shares before and after any transfer of such Option Shares) of Common Stock, par value $.01 1.00 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 per Option Share (the "Purchase Price")) equal to $27.00.

Appears in 1 contract

Samples: Stock Option Agreement (Regions Financial Corp)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 322,275 shares (as adjusted as set forth herein) shares (the "Option Shares", which shall include the Option Shares before and after any transfer of such Option Shares) of Common Stock, $0.20 par value $.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 per Option Share (the "Purchase Price")) of $8.64.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mainstreet Bankgroup Inc)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 201,898 shares (as adjusted as set forth herein) shares (, the "Option Shares", which shall include the Option Shares before and after any transfer of such Option Shares) of Common Stockcommon stock, par value $.01 1.67 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 per Option Share (the "Purchase Price")) equal to $26.00.

Appears in 1 contract

Samples: Stock Option Agreement (Central Bancorporation /Wa/)

Grant of Option. Subject to the terms and conditions set forth herein, Issuer hereby grants to Grantee an irrevocable option (the "Option") to purchase up to 4,478,308 3,543,000 (as adjusted as set forth herein) shares (the "Option Shares") of Common Stockcommon stock, par value $.01 0.01 per share, of Issuer share (the "Issuer Common Stock") ), of Issuer at a purchase price of $13.00 32-3/16 (as adjusted as set forth herein) per Option Share (the "Purchase Price").

Appears in 1 contract

Samples: Corporation Stock Option Agreement (United Meridian Corp)

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