Automatic Grant. Pursuant to the terms of the Plan, Director is granted as of the Automatic Grant Date an option to purchase Two Thousand Five Hundred (2,500) Shares of the Company's Common Stock, at One Dollar Twenty Five Cents ($1.25) per share, which is equal to one hundred percent (100%) of the Fair Market Value of a share of the Company's Common Stock on the Automatic Grant Date.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (Alpha Microsystems), Nonqualified Stock Option Agreement (Alpha Microsystems), Nonqualified Stock Option Agreement (Alpha Microsystems)
Automatic Grant. Pursuant to the terms of the Plan, Director is granted as of the Automatic Grant Date an option to purchase Two Ten Thousand Five Hundred (2,50010,000) Shares of the Company's Common Stock, at One Dollar Twenty Twenty-Five Cents ($1.25) per share, which is equal to one hundred percent (100%) of the Fair Market Value of a share of the Company's Common Stock on the Automatic Grant Date.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Alpha Microsystems)
