Common use of Grant and Terms of Option Clause in Contracts

Grant and Terms of Option. Pursuant to action of the Committee, the Company grants to the Employee the Option to purchase the number of shares of Common Stock set forth above, for a period of ten (10) years from the Grant Date, at the exercise price set forth above; provided, however, that the right to exercise such Option shall be, and is hereby, restricted as follows:

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Build a Bear Workshop Inc), Qualified Stock Option Agreement (Build a Bear Workshop Inc), Build a Bear Workshop Inc

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Grant and Terms of Option. Pursuant to action of the Committee, the Company grants to the Employee the Option to purchase the number of shares of Common Stock set forth above, for a period of ten [insert years of option term] (10[insert #]) years from the Grant Date[insert beginning date], at the exercise price set forth above; provided, however, that the right to exercise such Option shall be, and is hereby, restricted as follows:

Appears in 1 contract

Samples: Qualified Stock Option Award Agreement (Build a Bear Workshop Inc)

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