Common use of Consideration for Grant of Option Clause in Contracts

Consideration for Grant of Option. The consideration for grant of the Option is $10, the receipt of which is hereby acknowledged, and Optionee's past services.

Consideration for Grant of Option. The consideration for grant of the Option is $10, the receipt of which is hereby acknowledged, and Optionee's past services.

Consideration for Grant of Option. The consideration for grant of the Option Options is $10, the receipt of which is hereby acknowledged, and Optionee's past servicesOptionees' services rendered as officers of the Company.

Consideration for Grant of Option. The consideration for grant of the Option is $10, the receipt of which is hereby acknowledged, and Optionee's past servicesagreement to serve as a director of the Company during all or any portion of the Option period.