Common use of Confirmation of Grant of Option Clause in Contracts

Confirmation of Grant of Option. Pursuant to a determination by the Committee, the Company, subject to the terms of the Plan and this Agreement, hereby grants to the Optionee as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation or fees for services, the right to purchase (the “Option”) an aggregate number of shares of Common Stock as is set forth in Section 3 of the Option Award, subject to adjustment as provided in the Plan (such shares, as adjusted, the “Shares”). The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).

Confirmation of Grant of Option. Pursuant to a determination by the Committee, the Company, subject to the terms of the Plan and this Agreement, hereby grants to the Optionee as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation or fees for services, the right to purchase (the “Option”) an aggregate number of shares of Common Stock as is set forth in Section 3 of the Option Award, subject to adjustment as provided in the Plan (such shares, as adjusted, the “Option Shares”). The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).

Confirmation of Grant of Option. Pursuant to a determination by the Committee, the CompanyCorporation, subject to the terms of the Plan and this Agreement, hereby grants to the Optionee as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation or fees for services, the right to purchase (the “Option”) an aggregate number of shares of Common Stock as is set forth in Section 3 of the Option NQO Award, subject to adjustment as provided in the Plan (such shares, as adjusted, the “Shares”). The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).

Confirmation of Grant of Option. Pursuant to a determination by the Committee, the CompanyThe Corporation, subject to the terms of the Plan and this Agreement, hereby grants to the Optionee Participant as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation or fees for services, the right to purchase (hereinafter referred to as the “Option”"OPTION") an aggregate number of 114,750 shares of Common Stock as is set forth in Section 3 of the Option AwardClass A Stock, subject to adjustment as provided in the Plan (such shares, as adjusted, hereinafter being referred to as the “Shares”"SHARES"). The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”)amended.

Confirmation of Grant of Option. Pursuant to a determination by the Committee, the Company, subject to the terms of the Plan and this Agreement, hereby grants to the Optionee as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation or fees for services, the right to purchase (the “Option”) an aggregate number of shares of Common Stock as is set forth in Section 3 of the Option Award, subject to adjustment as provided in the Plan (such shares, as adjusted, the “Shares”). The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).

Confirmation of Grant of Option. Pursuant to a determination by the Committee, the Company, subject to the terms of the Plan and this Agreement, hereby grants to the Optionee Employee as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation or fees for services, the right to purchase (hereinafter referred to as the “"Option”") an aggregate number of [NUMBER] shares of Common Stock as is set forth in Section 3 of the Option AwardStock, subject to adjustment as provided in the Plan (such shares, as adjusted, hereinafter being referred to as the “"Shares”"). The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “"Code”").

Confirmation of Grant of Option. Pursuant to a determination by the Committee, Committee made on ______________ (the Company"Date of Grant"), subject to the terms of the Plan and this Agreement, it is hereby grants to confirmed that the Optionee Employee has been granted as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation or fees for services, the right to purchase (hereinafter referred to as the “"Option”") an aggregate number of ___________ shares of Common Stock as is set forth in Section 3 of the Option Award("Shares"), subject to adjustment as provided in the Plan (such shares, as adjusted, the “Shares”)Section 8 hereof. The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “"Code”").

Confirmation of Grant of Option. Pursuant to a determination by the Committee, Committee made on ______________ (the Company"Date of Grant"), subject to the terms of the Plan and this Agreement, it is hereby grants to confirmed that the Optionee Employee has been granted as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation or fees for services, the right to purchase (hereinafter referred to as the “"Option”") an aggregate number of ___________ shares of Common Stock as is set forth in Section 3 of the Option Award("Shares"), subject to adjustment as provided in the Plan (such shares, as adjusted, the “Shares”)Section 9 hereof. The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “"Code”").

Confirmation of Grant of Option. Pursuant to a determination by the Committee, the CompanyCorporation, subject to the terms of the Plan and this Agreement, hereby grants to the Optionee as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation or fees for services, the right to purchase (the “Option”) an aggregate number of shares of Common Stock as is set forth in Section 3 of the Option NQO Award, subject to adjustment as provided in the Plan (such shares, as adjusted, the “Shares”). The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).

Confirmation of Grant of Option. Pursuant to a determination by the CommitteeBoard of Directors of the Company, the Company, subject to the terms of the Plan and this Agreement, hereby grants to the Optionee Director as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation or fees for services, the right to purchase (hereinafter referred to as the “"Option”") an aggregate number of 70,000 shares of Common Stock as is set forth in Section 3 of the Option AwardStock, subject to adjustment as provided in the Plan (such shares, as adjusted, hereinafter being referred to as the “"Shares”"). The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “"Code”").

Confirmation of Grant of Option. Pursuant to a determination by the Committee, the Company, subject to the terms of the Plan and this Agreement, hereby grants to the Optionee Employee as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation or fees for services, the right to purchase (hereinafter referred to as the “"Option”") an aggregate number of [NUMBER] shares of Common Stock as is set forth in Section 3 of the Option AwardStock, subject to adjustment as provided in the Plan (such shares, as adjusted, hereinafter being referred to as the “"Shares”"). The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “"Code”").