NUMBER OF SHARES AND EXERCISE PRICE. The Company hereby grants to the Optionee an option (the “Option”), subject to the terms and conditions set forth herein and in the Plan, to purchase [ ] shares of Company Stock (“Shares”), subject to adjustment in accordance with Section 3 of the Plan, at a price (the “Exercise Price”) of $[AMOUNT] per Share (subject to adjustment in accordance with Section 3 of the Plan). The Option is a nonqualified stock option.
Appears in 6 contracts
Samples: Stock Option Agreement (McLeodUSA Holdings Inc), Stock Option Agreement (McLeodusa Inc), Stock Option Agreement (McLeodUSA Holdings Inc)
NUMBER OF SHARES AND EXERCISE PRICE. The Company hereby grants to the Optionee an option (the “Option”), subject to the terms and conditions set forth herein and in the Plan, to purchase [ ] shares of Company Stock «Options» Shares (“Shares”), subject to adjustment in accordance with Section 3 5 of the Plan, ) at a price (the “Exercise Price”) of $[AMOUNT] «Grant_Price».00 per Share (subject to adjustment in accordance with Section 3 5 of the Plan). The Option is a nonqualified will not constitute an incentive stock optionoption under the Code.
Appears in 2 contracts
Samples: Stock Option Agreement (Safety-Kleen, Inc), Stock Option Agreement (Safety-Kleen Holdco Inc)
NUMBER OF SHARES AND EXERCISE PRICE. The Company hereby grants to the Optionee an option (the “Option”), subject to the terms and conditions set forth herein and in the Plan, to purchase [ ] shares of Company Stock (“Shares”), subject to adjustment in accordance with Section 3 of the Plan, at a price (the “Exercise Price”) of $[AMOUNT] per Share (subject to adjustment in accordance with Section 3 of the Plan). The Option is a nonqualified stock option.purchase
Appears in 1 contract
NUMBER OF SHARES AND EXERCISE PRICE. The Company hereby grants to the Optionee an option (the “"Option”"), subject to all of the terms and conditions set forth herein of the Plan and in the Planthis Stock Option Agreement, to purchase [ ] shares of Company Stock (“Shares”), subject to adjustment in accordance with Section 3 [NUMBER]1shares of the Plancommon stock of the Company, par value $2.00 per share, at a price (the “"Exercise Price”") of $[AMOUNT] PRICE]2 per Share (subject to adjustment in accordance with Section 3 of the Plan)share. The Option is intended to be a nonqualified stock optionNonqualified Stock Option.
Appears in 1 contract
Samples: Director Stock Option Agreement (Selective Insurance Group Inc)
NUMBER OF SHARES AND EXERCISE PRICE. The Company hereby grants to the Optionee an option (the “Option”), subject to the terms and conditions set forth herein of the Plan and in the Planthis Stock Option Agreement, to purchase [ [NUMBER] As determined by the Committee. shares of Company Stock (“Shares”), subject to adjustment in accordance with Section 3 the common stock of the PlanCompany, par value $2.00 per share, at a price (the “Exercise Price”) of $[AMOUNTPRICE] Equal to the Fair Market Value of a share of Company Stock on the Date of Grant. per Share (subject to adjustment in accordance with Section 3 of the Plan)share. The Option is intended to be a nonqualified stock optionNonqualified Stock Option.
Appears in 1 contract
Samples: Director Stock Option Agreement (Selective Insurance Group Inc)
NUMBER OF SHARES AND EXERCISE PRICE. The Company hereby grants to the Optionee an option (the “"Option”"), subject to the terms and conditions set forth herein and in the Planherein, to purchase [ [NUMBER] shares of Company Stock (“Shares”), subject to adjustment in accordance with Section 3 the common stock of the PlanCompany, par value $2.00 per share, at a price (the “"Exercise Price”") of $[AMOUNT] PRICE]1 per Share (subject to adjustment in accordance with Section 3 of the Plan)share. The Option is intended to be a nonqualified stock option.[Nonqualified Stock Option][Incentive Stock Option].2
Appears in 1 contract
Samples: Stock Option Agreement (Selective Insurance Group Inc)
