Common use of Grant of Option; Certain Terms and Conditions Clause in Contracts

Grant of Option; Certain Terms and Conditions. The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: Gxxxxx X. Xxxxxxx Date of Grant: August 23, 2001 Number of shares purchasable: 5,000 Exercise Price per share: $15.70 Expiration Date: August 22, 2006 Annual Vesting Rate: 100% vested on date of grant The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (an “Incentive Stock Option”).

Appears in 1 contract

Samples: 1996 Employee Stock Incentive Plan (Keystone Automotive Industries Inc)

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Grant of Option; Certain Terms and Conditions. The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: Gxxxxx Txxxxxx X. Xxxxxxx XxXxxx Date of Grant: August 23, 2001 2000 Number of shares purchasable: 5,000 Exercise Price per share: $15.70 5.53 Expiration Date: August 22, 2006 2005 Annual Vesting Rate: 100% vested on date of grant The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (an “Incentive Stock Option”).

Appears in 1 contract

Samples: 1996 Employee Stock Incentive Plan (Keystone Automotive Industries Inc)

Grant of Option; Certain Terms and Conditions. The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: Gxxxxx X. Xxxxxxx Date of Grant: August 2326, 2001 1997 Number of shares purchasable: 5,000 Exercise Price per share: $15.70 18.875 Expiration Date: August 2225, 2006 2002 Annual Vesting Rate: 100% vested on date of grant The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (an “Incentive Stock Option”).

Appears in 1 contract

Samples: 1996 Employee Stock Incentive Plan (Keystone Automotive Industries Inc)

Grant of Option; Certain Terms and Conditions. The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: Gxxxxx X. Xxxxxxx Date of Grant: August 2324, 2001 1999 Number of shares purchasable: 5,000 Exercise Price per share: $15.70 15.25 Expiration Date: August 2223, 2006 2004 Annual Vesting Rate: 100% vested on date of grant The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (an “Incentive Stock Option”).

Appears in 1 contract

Samples: 1996 Employee Stock Incentive Plan (Keystone Automotive Industries Inc)

Grant of Option; Certain Terms and Conditions. The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: Gxxxxx X. Xxxxxxx Date of Grant: August 2331, 2001 1998 Number of shares purchasable: 5,000 Exercise Price per share: $15.70 15.125 Expiration Date: August 2230, 2006 2003 Annual Vesting Rate: 100% vested on date of grant The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (an “Incentive Stock Option”).

Appears in 1 contract

Samples: 1996 Employee Stock Incentive Plan (Keystone Automotive Industries Inc)

Grant of Option; Certain Terms and Conditions. The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: Gxxxxx Txxxxxx X. Xxxxxxx XxXxxx Date of Grant: August 23, 2001 Number of shares purchasable: 5,000 Exercise Price per share: $15.70 Expiration Date: August 22, 2006 Annual Vesting Rate: 100% vested on date of grant The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (an “Incentive Stock Option”).

Appears in 1 contract

Samples: 1996 Employee Stock Incentive Plan (Keystone Automotive Industries Inc)

Grant of Option; Certain Terms and Conditions. The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: Gxxxxx X. Xxxxxxx Kxxxx Xxxxxxxx Date of Grant: August 2324, 2001 1999 Number of shares purchasable: 5,000 Exercise Price per share: $15.70 15.25 Expiration Date: August 2223, 2006 2004 Annual Vesting Rate: 100% vested on date of grant The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (an “Incentive Stock Option”).

Appears in 1 contract

Samples: 1996 Employee Stock Incentive Plan (Keystone Automotive Industries Inc)

Grant of Option; Certain Terms and Conditions. The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: Gxxxxx Txxxxxx X. Xxxxxxx XxXxxx Date of Grant: August 2331, 2001 1998 Number of shares purchasable: 5,000 Exercise Price per share: $15.70 15.125 Expiration Date: August 2230, 2006 2003 Annual Vesting Rate: 100% vested on date of grant The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (an “Incentive Stock Option”).

Appears in 1 contract

Samples: 1996 Employee Stock Incentive Plan (Keystone Automotive Industries Inc)

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Grant of Option; Certain Terms and Conditions. The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: Gxxxxx Txxxxxx X. Xxxxxxx XxXxxx Date of Grant: August 2324, 2001 1999 Number of shares purchasable: 5,000 Exercise Price per share: $15.70 15.25 Expiration Date: August 2223, 2006 2004 Annual Vesting Rate: 100% vested on date of grant The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (an “Incentive Stock Option”).

Appears in 1 contract

Samples: 1996 Employee Stock Incentive Plan (Keystone Automotive Industries Inc)

Grant of Option; Certain Terms and Conditions. The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: Gxxxxx Kxxxx X. Xxxxxxx Xxxxxxxx Date of Grant: August 23, 2001 Number of shares purchasable: 5,000 Exercise Price per share: $15.70 Expiration Date: August 22, 2006 Annual Vesting Rate: 100% vested on date of grant The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (an “Incentive Stock Option”).

Appears in 1 contract

Samples: 1996 Employee Stock Incentive Plan (Keystone Automotive Industries Inc)

Grant of Option; Certain Terms and Conditions. The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the “Option Shares”) at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the “Option”). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: Gxxxxx Kxxxx X. Xxxxxxx Xxxxxxxx Date of Grant: August 23, 2001 2000 Number of shares purchasable: 5,000 Exercise Price per share: $15.70 5.53 Expiration Date: August 22, 2006 2005 Annual Vesting Rate: 100% vested on date of grant The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (an “Incentive Stock Option”).

Appears in 1 contract

Samples: 1996 Employee Stock Incentive Plan (Keystone Automotive Industries Inc)

Grant of Option; Certain Terms and Conditions. (a) The Company hereby grants to Participant, and Participant hereby accepts, as of the Date of Grant, an option to purchase the number of shares of Common Stock indicated below (the "Option Shares") at the Exercise Price per share indicated below, which option shall expire at 5:00 p.m., California time, on the Expiration Date indicated below and shall be subject to all of the terms and conditions set forth in this Agreement (the "Option"). On each anniversary of the Date of Grant, the option shall become exercisable to purchase, and shall vest with respect to, that number of Option Shares (rounded to the nearest whole share) equal to the total number of Option Shares multiplied by the Annual Vesting Rate indicated below. Participant: Gxxxxx X. Xxxxxxx XXXXXXX GHAILIAN Date of Grant: August 23April 8, 2001 1999 Number of shares purchasable: 5,000 36,000 Exercise Price per share: $15.70 39.96875 Expiration Date: August 22April 8, 2006 2009 Annual Vesting Rate: 10033.333% vested on date of grant The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (an "Incentive Stock Option").

Appears in 1 contract

Samples: Employment Agreement (Tarrant Apparel Group)

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