Date of Grant of Option Sample Clauses

Date of Grant of Option. For purposes of the Plan and this Agreement, the Date of Grant of the Option shall be the date of this Agreement.
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Date of Grant of Option. Which May Be Exercised ----------------------- ---------------------- Upon Grant ____% 1 year but less than 2 years ____% 2 years but less than 3 years ____% 3 years or more ____%
Date of Grant of Option. The date of grant of the option granted under this Agreement is , , 20 (the “Date of Grant”).
Date of Grant of Option. The date of grant of the option granted under this Agreement is the 17th day of April, 1996.
Date of Grant of Option. The date of grant of the option granted under this Agreement is the ____ day of ___________, ____.
Date of Grant of Option. The date of grant of the option granted under this Agreement is the 31st day of December, 1998.
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Date of Grant of Option. Which May Be Exercised ----------------------- ---------------------- Upon Grant 0% 1 year but less than 2 years 33-1/3% 2 years but less than 3 years 33-1/3% 3 years or more 33-1/3% To the extent this Option has not otherwise become vested in accordance with this Agreement, this Option will become fully vested and exercisable by the Optionee or his estate (1) upon the death of the Optionee (other than by suicide), (2) upon a determination by the Committee that the Optionee has become disabled, (3) upon a termination of the Optionee without Just Cause (as defined in Section 8(c)(1) of the Plan), or upon a Change in Control ( as defined in Section 2(e) of the Plan).

Related to Date of Grant of Option

  • Grant of Option The Corporation hereby grants to Optionee, as of the Grant Date, an option to purchase up to the number of Option Shares specified in the Grant Notice. The Option Shares shall be purchasable from time to time during the option term specified in Paragraph 2 at the Exercise Price.

  • Date of Grant; Term of Option This Option is granted as of , 2005 (the “Date of Grant”), and it may not be exercised than later than the date that is ten (10) years after date of grant, subject to earlier termination, as provided in the Plan.

  • Date of Grant The date that the Option is granted (the “Date of Grant”) is set forth above.

  • Grant of Options The Company hereby grants Optionee the right and option ("Option") to purchase the above described Twenty Million (20,000,000) shares of Common Stock, on the terms and conditions set forth herein and subject to the provisions of the Form S-8 registration statement in exchange for services provided by Employee to the Company, the options shall vest immediately upon the exercise hereof.

  • Confirmation of Grant of Option Pursuant to a determination by the Board of Directors of the Company made as of April 19, 2001 (the "Date of Grant"), the Company hereby confirms that the Director has been granted effective April 19, 2001, as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation for services to be rendered by the Director, the right to purchase (the "Option") 20,761 shares of Common Stock, $.01 par value, of the Company (the "Shares"), subject to adjustment as provided in Section 7 hereof.

  • Grant Date The Grant Date of the Option hereby granted is .

  • Stock Option Grant Subject to the provisions set forth herein and the terms and conditions of the Plan, and in consideration of the agreements of the Participant herein provided, the Company hereby grants to the Participant an Option to purchase from the Company the number of shares of Common Stock, at the exercise price per share, and on the schedule, set forth above.

  • Grant of Stock Option The Company grants to Employee the right and option (hereinafter referred to as the "Option") to purchase all or any part of up to ________ shares of the Company's Common Stock (the "Option Shares") on the terms and conditions set forth below and in the Plan.

  • Vesting of Option The Option shall be 100% vested upon the date of grant.

  • Stock Option Vesting The provisions of this Section 2.2(d) shall apply to any equity based awards under the Omnibus Plan, the defined terms of which are incorporated in this Section 2.2(d) by reference.

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