Common use of Grant of Option Right Clause in Contracts

Grant of Option Right. Pursuant to the Plan, the Company hereby grants to Optionee, as a Participant in the Plan and effective as of the Date of Grant (as defined in Section 3), an option right ("Option Right") to purchase ___ shares ("Option Shares") of the Company's common stock, par value $0.01 per share ("Common Shares"), at the price of $_________ per share (the "Option Price").

Grant of Option Right. Pursuant to the Plan, the Company hereby grants to Optionee, as a Participant in the Plan and effective as of the Date of Grant (as defined in Section 3), an option right ("“Option Right"”) to purchase ___ 95,000 shares ("“Option Shares"”) of the Company's ’s common stock, par value $0.01 per share ("“Common Shares"”), at the price of $_________ per share (the "“Option Price"”).

Grant of Option Right. Pursuant to the Plan, the Company hereby grants to Optionee, as a Participant in the Plan and effective as of the Date of Grant (as defined in Section 3), an option right ("“Option Right"”) to purchase ___ shares ("“Option Shares"”) of the Company's ’s common stock, par value $0.01 per share ("“Common Shares"”), at the price of $_________ $ per share (the "“Option Price"”).

Grant of Option Right. Pursuant to the Plan, the Company hereby grants to Optionee, as a Participant in the Plan and effective as of the Date of Grant (as defined in Section 3), an option right ("“Option Right"”) to purchase ___ _shares ("“Option Shares"”) of the Company's ’s common stock, par value $0.01 per share ("“Common Shares"”), at the price of $_________ per share (the "“Option Price"”).

Grant of Option Right. Pursuant to the Plan, the Company hereby grants to Optionee, as a Participant in the Plan and effective as of the Date of Grant (as defined in Section 3), an option right ("“Option Right"”) to purchase ___ shares ("“Option Shares"”) of the Company's ’s common stock, par value $0.01 1.00 per share ("“Common Shares"”), at the price of $_________ $ per share (the "“Option Price"”).

Grant of Option Right. Pursuant to the Plan, the Company hereby grants to Optionee, as a Participant in the Plan and effective as of the Date of Grant (as defined in Section 3), an option right ("“Option Right"”) to purchase ___ _shares ("“Option Shares"”) of the Company's ’s common stock, par value $0.01 per share ("“Common Shares"”), at the price of $_________ per share (the "“Option Price"”).