Common use of Grant of Option; Effectiveness Clause in Contracts

Grant of Option; Effectiveness. Subject to the terms of the Plan and this Agreement, the Company hereby grants and awards to Optionee the right and option to purchase all or any of the Option Shares upon payment to the Company of the Exercise Price per share as hereinafter provided.

Appears in 7 contracts

Samples: Stock Option Agreement (Mackinac Financial Corp /Mi/), Stock Option Agreement (Mackinac Financial Corp /Mi/), Stock Option Agreement (Mackinac Financial Corp /Mi/)

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Grant of Option; Effectiveness. Subject to the terms of the Plan and this Agreement, the Company hereby grants and awards to Optionee the right and option to purchase all or any of the Option Shares upon payment to the Company of the Exercise Price per share as in any of the ways hereinafter provided.

Appears in 1 contract

Samples: Stock Option Agreement (North Country Financial Corp)

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