Grant of Option and Exercise Price. Subject to the terms and conditions stated in the Plan and this Agreement, as of ___________, _______ (the “Date of Grant”), the Committee granted to Participant an option (the “Option”) to purchase __________ shares of the Company’s Common Stock (the “Shares”) at an exercise price of $__________ per Share (the “Exercise Price”).
Grant of Option and Exercise Price. Subject to the terms and conditions stated in this Agreement, on December 15, 1998 (the "Date of Grant"), the Committee granted to Director an option (the "Option") to purchase 15,000 shares of the Company's Common Stock (the "Shares") at an exercise price of $5.813 per Share (the "Exercise Price").
Grant of Option and Exercise Price. Subject to the Optionee’s performance of its obligations hereunder and agreement to the terms hereof, including but not limited to Section 2.1 above, CADIZ hereby grants to Optionee an option to acquire Conserved Water along with the following interests as set forth in Exhibit “B” (the “Price Schedule”) (collectively, the “Option”):
Grant of Option and Exercise Price. Syntroleum grants to Grantee the Option to purchase * shares of Common Stock at an exercise price of $* per share, subject to the terms and conditions of this Agreement and of the Plan, the provisions of which are incorporated into this Agreement by this reference. The shares subject to the Option are intended to be Incentive Stock Option (ISO) shares as described in Section 422(b) of the Internal Revenue Code of 1986, as amended.
Grant of Option and Exercise Price. Subject to the terms and conditions stated in the Plan and this Agreement on September 7, 1999 (the "Date of Grant"), the Committee granted to Participant an option (the "Option") to purchase 75,000 shares of the Company's common stock (the "Shares") at an exercise price per Share equal to $27.125 (the "Exercise Price").
Grant of Option and Exercise Price. Subject to the terms and conditions set forth herein, this Agreement evidences the Company's grant to the Optionee of the following options:
(1) the right and option to purchase all or any part of an aggregate of 331,127 shares of the Common Stock, (which, on the Effective Date, equals three and one/third percent (3 1/3%) of 9,933,808 Shares, which is the total number of Shares issued and outstanding and into which any convertible or exercisable securities may be converted or exercised on a diluted basis, in each case, pursuant to the POR, taking into account any Warrants issued pursuant to the POR (the "BASELINE OUTSTANDING SHARES")), at a purchase price (the "FIRST OPTION EXERCISE PRICE") equal to $9.56, as such number of shares and purchase price may from time to time be adjusted hereunder (such option, the "FIRST OPTION");
(2) the right and option to purchase all or any part of an aggregate of 331,127 additional Shares (which, on the Effective Date, equals an additional three and one/third percent (3 1/3%) of the Baseline Outstanding Shares), at a purchase price (the "SECOND OPTION EXERCISE PRICE") equal to $11.58, as such number of shares and purchase price may from time to time be adjusted hereunder (the "SECOND OPTION"); and
(3) the right and option to purchase all or any part of an aggregate of 331,126 additional (which, on the Effective Date, equals an additional three and one/third percent (3 1/3%) of the Baseline Outstanding Shares), at a purchase price (the "THIRD OPTION EXERCISE PRICE") equal to $14.10(1), as such number of shares and purchase price may
(1) The First Option Exercise Price, the Second Option Exercise Price and the Third Option Exercise Price as set forth in this Section 2(a) have been calculated based on the following formulas: (i) the First Option Exercise Price equals the quotient of $95,000,000 divided by the Baseline Outstanding Shares; (ii) the Second Option Exercise Price equals the quotient of $115,000,000 divided by the Baseline Outstanding Shares; and (iii) the Third Option Exercise Price equals the quotient of $140,000,000 divided by the Baseline Outstanding Shares. The parties agree and acknowledge that the Company may, after the Effective Date, issue additional shares of Common Stock pursuant to Section 5.05(a) of the POR, and in order to account for the issuance of such additional shares, the number of Shares purchasable upon exercise of each A&M Option, and the First Option Exercise Price, the Second Option Exerci...
Grant of Option and Exercise Price. Subject to the terms and conditions set forth herein and in the Plan, Neuronetics, Inc. (the “Company”) hereby grants to [ ] (“Optionee”), effective [ ] (the “Grant Date”), a non-qualified stock option (the “Option”) to purchase up to [ ] shares of Common Stock of the Company at an exercise price of $[ ] per share (the “Exercise Price”). The Option is intended to be a non-qualified stock option as defined under section 422 of the Code and any regulations promulgated thereunder.
Grant of Option and Exercise Price. The Company grants to Grantee the ---------------------------------- option (the "Option") to purchase 20,000 shares of Common Stock at an exercise price of 8.13, the fair market value of the Company's common Stock on the date of this Agreement.
Grant of Option and Exercise Price. Syntroleum grants to Grantee the Option to purchase 1,000,000 shares of Common Stock at an exercise price of $1.55 per share, the Fair Market Value (as defined below) of Syntroleum Common Stock on the Date of Grant, subject to the terms and conditions of this Agreement. For purposes of this Agreement, "Fair Market Value" means (i) if the Common Stock is listed on a national securities exchange or admitted to unlisted trading privileges on such exchange or listed for trading on the NASDAQ system, the last reported sale price of the Common Stock on such exchange on the last business day prior to the date on which the value is to be determined, or if no such sale is made on such day, the average closing bid and asked prices for such day on such exchange; or (ii) if the Common Stock is not so listed or admitted to unlisted trading privileges, the mean of the last report bid and asked prices reported by the National Quotation Bureau, Inc. on the last business day prior to the date for which the value is to be determined; or (iii) if the Common Stock is not so listed or admitted to unlisted trading privileges and bid and asked prices are not so reported, not less than book value, determined in such reasonable manner as may be prescribed by the Board of Directors, which determination shall be final and binding upon Grantee.
Grant of Option and Exercise Price. Subject to the terms and conditions set forth herein and in the Plan, Euramax International, Inc. (the “Company”) hereby grants to [ ] (“Optionee”), effective as of the Closing Date (as defined in the Stock Purchase Agreement, dated the date hereof, by and among Citigroup Venture Capital Equity Partners, L.P. and affiliates, the Company and the stockholders of the Company named therein (the “Stock Purchase Agreement”)) (the “Grant Date”), a stock option (the “Option”) to purchase up to [ ] shares of Class A Common Stock of the Company (the “Option Shares”) at an exercise price of $[ ] per share (the “Exercise Price”). The Option is a non-qualified stock option.
