Grant of Non-Qualified Options. The Company irrevocably grants to the Optionee, as a matter of separate agreement and not in lieu of salary or other compensation for services, the right and option to purchase all or any part of an aggregate of __________ shares of authorized but unissued or treasury common stock of the Company (the "Options") on the terms and conditions herein set forth.
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (Ultrastrip Systems Inc), Employee Non Qualified Stock Option Agreement (Quipp Inc), Non Qualified Stock Option Agreement (Ultrastrip Systems Inc)
