Common use of Grant of Option, Option Price and Term Clause in Contracts

Grant of Option, Option Price and Term. (a) The Company hereby grants to the Participant, as a matter of separate agreement and not in lieu of salary or any other compensation for services, the right and option (the “Option”) to purchase 33,150 shares of the Common Stock of the Company (“Option Shares”) on the terms and conditions herein set forth. Participant shall have all the rights and obligations as provided for in this Agreement.

Grant of Option, Option Price and Term. (a) The Company hereby grants to the Participant, as a matter of separate agreement and not in lieu of salary or any other compensation for services, the right and option (the “Option”) to purchase 33,150 114,050 shares of the Common Stock of the Company (“Option Shares”) on the terms and conditions herein set forth. Participant shall have all the rights and obligations as provided for in this Agreement.

Grant of Option, Option Price and Term. (a) The Company hereby grants to the Participant, as a matter of separate agreement and not in lieu of salary or any other compensation for services, the right and option (the “Option”) to purchase 33,150 55,350 shares of the Common Stock of the Company (“Option Shares”) on the terms and conditions herein set forth. Participant shall have all the rights and obligations as provided for in this Agreement.

Grant of Option, Option Price and Term. (a) The Company hereby grants to the Participant, as a matter of separate agreement and not in lieu of salary or any other compensation for services, the right and option (the “Option”) to purchase 33,150 the number of shares designated on the attached Notice of Grant of Stock Options of the Common Stock of the Company (“Option Shares”) on the terms and conditions herein set forth. Participant shall have all the rights and obligations as provided for in this Agreement.

Grant of Option, Option Price and Term. (a) The Company hereby grants to the Participant, as a matter of separate agreement and not in lieu of salary or any other compensation for services, the right and option (the “"Option”") to purchase 33,150 _____ shares of the Common Stock of the Company (“"Option Shares”") on the terms and conditions herein set forth. Participant shall have all the rights and obligations as provided for in this Agreement.

Grant of Option, Option Price and Term. (a) The Company hereby grants to the Participant, as a matter of separate agreement and not in lieu of salary or any other compensation for servicessalary, the right and option (the “"Option”") to purchase 33,150 [ ] shares of the common stock, par value $.01 per share (the "Common Stock Stock"), of the Company (“"Option Shares”") on the terms and conditions herein set forth. Participant shall have all the rights and obligations as provided for in this Agreement.

Grant of Option, Option Price and Term. (a) The Company hereby grants to the Participant, as a matter of separate agreement and not in lieu of salary or any other compensation for services, the right and option (the “"Option”") to purchase 33,150 75,843 shares of the common stock, par value $.01 per share (the "Common Stock Stock"), of the Company (“"Option Shares”") on the terms and conditions herein set forth. Participant shall have all the rights and obligations as provided for in this Agreement.

Grant of Option, Option Price and Term. (a) The Company hereby grants to the Participant, as a matter of separate agreement and not in lieu of salary or any other compensation for services, the right and option (the “"Option”") to purchase 33,150 the number of shares of the Common Stock of the Company (“"Option Shares”") set forth on the execution page hereof on the terms and conditions herein set forth. Participant shall have all the rights and obligations as provided for in this Agreement.

Grant of Option, Option Price and Term. (a) The Company hereby grants to the Participant, as a matter of separate agreement and not in lieu of salary or any other compensation for services, the right and option (the “"Option”") to purchase 33,150 ________ shares of the Common Stock of the Company (“"Option Shares”") on the terms and conditions herein set forth. Participant shall have all the rights and obligations as provided for in this Agreement.

Grant of Option, Option Price and Term. (a) The Company hereby grants to the Participant, as a matter of separate agreement and not in lieu of salary or any other compensation for services, the right and option (the “"Option”") to purchase 33,150 42,793 shares of the common stock, par value $.01 per share (the "Common Stock Stock"), of the Company (“"Option Shares”") on the terms and conditions herein set forth. Participant shall have all the rights and obligations as provided for in this Agreement.

Grant of Option, Option Price and Term. (a) The Company hereby grants to the Participant, as a matter of separate agreement and not in lieu of salary or any other compensation for services, the right and option (the “"Option”") to purchase 33,150 [ ] shares of the Common Stock of the Company (“"Option Shares”") on the terms and conditions herein set forth. Participant shall have all the rights and obligations as provided for in this Agreement.