Common use of Grant of the Option Clause in Contracts

Grant of the Option. The Company hereby grants to the Participant the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option Shares, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $626.99. The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Samples: Stock Option Award Agreement (Michael Foods Inc/New), Stock Option Award Agreement (Michael Foods Inc/New)

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Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option Shares200,000 shares of Common Stock, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares shares of Common Stock subject to the Option (the "Exercise Price") shall be (a) $626.9930.00 with respect to 50,000 shares, (b) $40.00 with respect to 50,000 shares, (c) $50.00 with respect to 50,000 shares and (d) $60.00 with respect to 50,000 shares (each tranche of shares described in clauses (a) through (d), a “Tranche”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Samples: Employment Agreement (St John Knits International Inc), Time Option Agreement (St John Knits International Inc)

Grant of the Option. The Company hereby grants to the Participant Optionee the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option 500,000 shares of common stock of the Company, par value $0.0005 per share (the “Shares”), subject to adjustment as set forth in the PlanSection 4 below. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $626.996.00 per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”).

Appears in 2 contracts

Samples: Inducement Option Award Agreement (ProPhase Labs, Inc.), Inducement Option Award Agreement (ProPhase Labs, Inc.)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option 2,810,000 Shares, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $626.998.00 per Share, which was determined by the Board as the Fair Market Value of the Shares as of the Grant Date (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Toys R Us Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option 450,000 Shares (the “Shares”), subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $626.995.00 per Share (the “Exercise Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Opnext Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option 375,000 Shares, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares subject to the Option shall be equal to $[_____] per Share (the "Exercise Price") shall be $626.99”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Opnext Inc)

Grant of the Option. The In consideration of the mutual covenants hereinafter set forth, the Company hereby grants to the Participant the right and option Option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option 170,000 Shares, subject to adjustment as set forth in the Plan. The per share purchase exercise price of the Option Shares subject to the Option (the "Exercise Price") shall be $626.99[ ] per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated qualify as an option that complies with “incentive stock option” as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Inducement Nonqualified Stock Option Award Agreement (Juniper Pharmaceuticals Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 6,409.09 Option Shares, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $626.99. The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Stock Option Award Agreement (Michael Foods Inc/New)

Grant of the Option. The Company hereby grants to the Participant Optionee the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option 100,000 shares of common stock of the Company, par value $0.0005 per share (the “Shares”), subject to adjustment as set forth in the PlanSection 4 below. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $626.995.76 per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”).

Appears in 1 contract

Samples: Inducement Option Award Agreement (ProPhase Labs, Inc.)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option Shares[NUMBER] shares of Common Stock, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares shares of Common Stock subject to the Option (the "Exercise Price") shall be $626.99[PRICE]. The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Time Option Agreement (St John Knits International Inc)

Grant of the Option. The Company hereby grants to the Participant Optionee the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option 50,000 shares of common stock of the Company, par value $0.0005 per share (the “Shares”), subject to adjustment as set forth in the PlanSection 4 below. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $626.996.20 per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”).

Appears in 1 contract

Samples: Inducement Option Award Agreement (ProPhase Labs, Inc.)

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Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option 400,000 Shares, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $626.9918.22 per Share (the “Exercise Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”).

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Polo Ralph Lauren Corp)

Grant of the Option. The Company hereby grants to the Participant the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option 296,122 Shares, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares subject to the Option shall be $3.28 per Share (the "Exercise Price") shall be $626.99). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Pathnet Inc)

Grant of the Option. The Company hereby grants to the Participant Optionee the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option 250,000 shares of common stock of the Company, par value $0.0005 per share (the “Shares”), subject to adjustment as set forth in the PlanSection 4 below. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $626.997.67 per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”).

Appears in 1 contract

Samples: Inducement Option Award Agreement (ProPhase Labs, Inc.)

Grant of the Option. The In consideration of the mutual covenants hereinafter set forth, the Company hereby grants to the Participant the right and option Option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option 225,000 Shares, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $626.99__________ per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Inducement Nonqualified Stock Option Award Agreement (Juniper Pharmaceuticals Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option Shares37,500 shares of Common Stock, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares shares of Common Stock subject to the Option (the "Exercise Price") shall be $626.9940.00. The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Time Option Agreement (St John Knits International Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option 148,418 Shares, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares subject to the Option shall be $10.64 per Share (the "Exercise Price") shall be $626.99). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Pathnet Inc)

Grant of the Option. The Company hereby grants to the Participant Optionee the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option 400,000 shares of common stock of the Company, par value $0.0005 per share (the “Shares”), subject to adjustment as set forth in Section 9 of the Plan2022 Plan and Section 4 below. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $626.996.74 per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”).

Appears in 1 contract

Samples: Inducement Option Award Agreement (ProPhase Labs, Inc.)

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