Common use of Grant of Option; Purchase Price Clause in Contracts

Grant of Option; Purchase Price. 1.1 The Company hereby grants to the Option Holder the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of ______ shares of the Common Stock, $1.00 par value per share, of the Company (the "Shares").

Appears in 2 contracts

Samples: Stock Option Agreement (FNB Rochester Corp), Stock Option Agreement (FNB Rochester Corp)

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Grant of Option; Purchase Price. 1.1 The Company hereby grants to the Option Holder the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of __________ shares of the Common Stock, $1.00 par value per share, of the Company (the "Shares").

Appears in 1 contract

Samples: Stock Option Agreement (FNB Rochester Corp)

Grant of Option; Purchase Price. 1.1 The Subject to the terms and conditions herein set forth, the Company hereby grants to the Option Holder the right and option (option, hereinafter called the "Option") ,” to purchase, on the terms and conditions hereinafter set forth, purchase all or any part of an aggregate of ______ Fifteen Thousand (15,000) shares of the Common Stock, $1.00 .01 par value per sharevalue, of the Company (the "Shares")”) at the price per Share set forth at the end of this Agreement after “Purchase Price.” This Option is for non-statutory stock options.

Appears in 1 contract

Samples: Director Stock Option Agreement (Ballistic Recovery Systems Inc)

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Grant of Option; Purchase Price. 1.1 The Company hereby grants to the Option Holder the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of ______ 2,500 shares of the Common Stock, $1.00 par value per share, of the Company (the "Shares").

Appears in 1 contract

Samples: Stock Option Agreement (FNB Rochester Corp)

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