Common use of Award of Non-Qualified Stock Option Clause in Contracts

Award of Non-Qualified Stock Option. Pursuant to the provisions of the Plan, the Company will and hereby does award to the Participant a Non-Qualified Stock Option to purchase up to Twenty Thousand (20,000) shares of Common Stock (“Shares”). Subject to the other terms of this Award Agreement and the provisions of the Plan that accelerate or terminate vesting or result in early termination in certain circumstances, this Non-Qualified Stock Option shall be exercisable only with respect to vested shares, on or after the applicable Vesting Date, under the following terms:

Award of Non-Qualified Stock Option. Pursuant to the provisions of the Plan, the Company will and hereby does award to the Participant a Non-Qualified Stock Option to purchase up to Twenty Forty Thousand (20,00040,000) shares of Common Stock (“Shares”)Stock. Subject to the other terms of this Award Agreement and the provisions of the Plan that accelerate or terminate vesting or result in early termination in certain circumstances, this Non-Qualified Stock Option shall be exercisable only with respect to vested shares, on or after the applicable Vesting Date, under the following terms:

Award of Non-Qualified Stock Option. Pursuant to the provisions of the Plan, the Company will and hereby does award to the Participant a Non-Qualified Stock Option Options to purchase up to Twenty Fifty-Two Thousand Seven Hundred and Twelve (20,00052,712) shares of Common Stock (“Shares”). Subject to the other terms of this Award Agreement and the provisions of the Plan that accelerate or terminate vesting or result in early termination in certain circumstances, this these Non-Qualified Stock Option Options shall be exercisable only with respect to vested shares, on or after the applicable Vesting Date, under the following terms: