Common use of Grant of Non-Qualified Stock Option Clause in Contracts

Grant of Non-Qualified Stock Option. The Company hereby grants to the Participant an option to purchase ________ Shares at an Exercise Price of $_____ per share (the “Option”), subject to all of the terms and conditions of this Option Award Agreement and the Plan. The Option is intended to qualify as an inducement grant under Rule 5635(c)(4) of the NASDAQ Listing Rules and the related guidance issued thereunder and is being granted in order to provide an inducement material to the Participant’s entry into employment with the Company.

Grant of Non-Qualified Stock Option. The Company hereby grants to the Participant an option to purchase ________ [●] Shares at an Exercise Price of $_____ 7.31 per share (the “Option”), subject to all of the terms and conditions of this Option Award Agreement and the Plan. The Option is intended to qualify as an inducement grant under Rule 5635(c)(4) of the NASDAQ Listing Rules and the related guidance issued thereunder and is being granted in order to provide an inducement material to the Participant’s entry into employment with the Company.

Grant of Non-Qualified Stock Option. The Company hereby grants to the Participant an option Participant, pursuant to purchase ________ Shares at an Exercise Price of $_____ per share (the “Option”), subject to all of the terms and conditions of this Option Award Agreement and the Plan. The Option is intended , an option to qualify as purchase [_____] Shares at an inducement grant under Rule 5635(c)(4exercise price of $[_____] per share that will vest on the satisfaction of the service conditions and performance conditions set forth in Section 2(a) of this Option Award Agreement (the NASDAQ Listing Rules and the related guidance issued thereunder and is being granted in order to provide an inducement material to the Participant’s entry into employment with the Company“Option”).

Grant of Non-Qualified Stock Option. The Company hereby grants to the Participant an option to purchase ________ Shares at an Exercise Price of $_____ per share (the “Option”), subject to all of the terms and conditions of this Option Award Agreement and the Plan. The Option is intended to qualify as an inducement grant under Rule 5635(c)(4) of the NASDAQ Listing Rules and the related guidance issued thereunder and is being granted in order to provide an inducement material to the Participant’s entry into employment with the Company.