Common use of Grant of Option; Consideration Clause in Contracts

Grant of Option; Consideration. The Company hereby confirms the grant, under and pursuant to the Company's 1993 Employees' Stock Incentive Plan (the "Plan"), to the Employee on [grantdate] of a nonqualified stock option to purchase up to *[shares]* shares of the Company's common stock, par value $.10 per share (the "Shares"), at an exercise price of [optionprice] per share (the "Option"). The Option granted hereunder is not intended to constitute an incentive stock option within the meaning of Section 422 of the Code. The Employee shall be required to pay no consideration for the grant of the Option except for his agreement to provide services to the Company prior to exercise and other agreements set forth herein.

Grant of Option; Consideration. The Company hereby confirms the grant, under and pursuant to the Company's 1993 EmployeesAmended and Restated 2000 Associates' Stock Incentive Plan (the "Plan"), to the Employee Associate on [grantdate] of a nonqualified stock option to purchase up to *[shares]* shares of the Company's common stock, par value $.10 per share (the "Shares"), at an exercise price of [optionprice] per share (the "Option"). The Option granted hereunder is not intended to constitute an incentive stock option within the meaning of Section 422 of the Code. The Employee Associate shall be required to pay no consideration for the grant of the Option except for his or her agreement to provide services to the Company prior to exercise and other agreements set forth herein.

Grant of Option; Consideration. The Company hereby confirms the grant, under and pursuant to the Company's 1993 Employees' Stock Incentive Plan (the "Plan"), to the Employee on [grantdate] of a ------ nonqualified stock option to purchase up to *[shares]* shares of the Company's common -- stock, par value $.10 per share (the "Shares"), at an exercise price of [optionprice] ------ per share (the "Option"). The Option granted hereunder is not intended to constitute an incentive stock option within the meaning of Section 422 of the Code. The Employee shall be required to pay no consideration for the grant of the Option except for his agreement to provide services to the Company prior to exercise and other agreements set forth herein.

Grant of Option; Consideration. The Company hereby confirms the grant, under and pursuant to the Company's 1993 Employees2000 Associates' Stock Incentive Plan (the "Plan"), to the Employee Associate on [grantdate] (grant date) of a nonqualified stock option to purchase up to *[shares]* (no. of shs.) shares of the Company's common stock, par value $.10 per share (the "Shares"), at an exercise price of [optionprice] (option price) per share (the "Option"). The Option granted hereunder is not intended to constitute an incentive stock option within the meaning of Section 422 of the Code. The Employee Associate shall be required to pay no consideration for the grant of the Option except for his or her agreement to provide services to the Company prior to exercise and other agreements set forth herein.