Grant of Share Option. The Company grants to the Participant on the date of grant set forth above (the “Date of Grant”) a Share Option to purchase, pursuant to and subject to the terms set forth in this Agreement and in the Plan, up to the number of Shares set forth above with an exercise price per Share as set forth above, in each case subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof. The Share Option evidenced by this Agreement is a non-statutory option (that is, an option that is not intended to qualify as an ISO) and is granted to the Participant in connection with the Participant’s Employment.
Grant of Share Option. The Company grants to the Participant on the date of grant set forth above (the “Date of Grant”) a Share Option to purchase, pursuant to and subject to the terms set forth in this Agreement and in the Plan, up to the number of Shares set forth above with an exercise price per Share as set forth above, in each case subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof. The Share Option evidenced by this Agreement is intended to be treated as an ISO to the maximum extent provided under the Code. To the extent the Share Option does not qualify as an ISO, the Share Option will be treated as an NSO. The Participant acknowledges and agrees that the Administrator may take any action permitted under the Plan without regard to the effect such action or actions may have on the status of the Share Option as an ISO and that such action or actions may cause the Share Option to fail to be treated as an ISO. To the extent that the aggregate Fair Market Value (determined at the time of grant) of the Shares subject to the Share Option and all other ISOs the Participant holds that are exercisable for the first time during any calendar year (under all plans of the Company and its subsidiaries) exceeds $100,000, the share options held by the Participant or portions thereof that exceed such limit (according to the order in which they were granted in accordance with Section 422) will be treated as NSOs.
Grant of Share Option. The Company hereby grants to the Optionee a non-qualified share option (the “Share Option”) to purchase all or any part of an aggregate _________ Shares, such number being subject to adjustment as provided in Paragraph 5 hereof, on the terms and conditions hereinafter set forth.
Grant of Share Option. Subject to and upon the terms, conditions, and restrictions set forth in this Agreement and in the Company's 1999 Employee Stock Option Plan (the "1999 Plan"), the Company hereby grants to the Optionee a stock option (the "Option") to purchase _______ of the Company's Ordinary Shares (the "Optioned Shares"). The Option may be exercised from time to time in accordance with the terms of this Agreement. The price at which the Optioned Shares may be purchased pursuant to this Option shall be $______ per share, subject to adjustment as hereinafter provided (the "Option Price"). The Option is intended to be a nonqualified stock option and shall not be treated as an "incentive stock option" within the meaning of that term under Section 422 of the Code, or any successor provision thereto.
Grant of Share Option. 2.1 The Company hereby grants to the Option-holder an Option to acquire Shares in the Company in accordance with the provisions of Schedule 14 of the Finance Act 2000.
2.2 This Option is granted on the date and year firsx xxxxx written.
2.3 The numbers of Shares that are subject to this Option are..................Shares which will be fully paid up (when issued).
2.4 The Market Value of each Share under this Option on the date and year first above written is U.S.$00.19 (nineteen cents).
2.5 The Exercise Price per Share shall be US $0.50.
2.6 The total monetary value of this Option shall be determined by the exchange rate of the United States Dollar to the United Kingdom Sterling as published in "The Times" newspaper on the date and year first above written.
Grant of Share Option. The Company grants to the Participant on the date set forth above (the “Date of Grant”) an option (the “Share Option”) to purchase, pursuant to and subject to the terms set forth in this Agreement and in the Plan, up to the number of Shares set forth above (the “Shares”) with an exercise price per Share as set forth above, in each case subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof. The percentage of the Share Option that may be earned by the Participant will be determined in accordance with Section 2 below. The Share Option evidenced by this Agreement is a non-statutory option (that is, an option that is not intended to qualify as an ISO) and is granted to the Participant in connection with the Participant’s Employment.
Grant of Share Option. Subject to and upon the terms, conditions, and restrictions set forth in this Agreement, Scottish Annuity hereby grants to the Optionee a stock option (the "Option") to purchase _______ of Scottish Annuity's Ordinary Shares (the "Optioned Shares"). The Option may be exercised from time to time in accordance with the terms of this Agreement. The price at which the Optioned Shares may be purchased pursuant to this Option shall be $____ per share, subject to adjustment as hereinafter provided (the "Option Price"). The Option is intended to be a nonqualified stock option and shall not be treated as an "incentive stock option" within the meaning of that term under Section 422 of the Internal Revenue Code of 1986, as amended, or any successor provision thereto.
Grant of Share Option. Subject to and upon the terms, conditions, and restrictions set forth in this Agreement and in the Company's Amended and Restated 1998 Stock Option Plan (the "Plan"), the Company hereby grants to the Optionee as of the Date of Grant a stock option (the "Option") to purchase _____________ of the Company's Ordinary Shares (the "Optioned Shares"). The Option may be exercised from time to time in accordance with the terms of this Agreement. The price at which the Optioned Shares may be purchased pursuant to this Option shall be $____________ per share subject to adjustment as hereinafter provided (the "Option Price"). The Option is intended to be a nonqualified stock option and shall not be treated as an "incentive stock option" within the meaning of that term under Section 422 of the Code, or any successor provision thereto.
Grant of Share Option. 1.1. In consideration of the fact that Optionee individually has made significant efforts to the development and implementation of business of the Company and its affiliates and continues to participate actively in Company’s daily activity and works for the Company benefit, the Company hereby grants to Optionee an option (the “Option”) to purchase, under the terms and conditions of this Agreement, certain part of the Company’s ordinary shares (the “Shares”) at an exercise price per share of [Specify the amount] (the “Per Share Exercise Price”).
1.2. The ordinary shares give shareholder of the Company the right to take part in the General Meeting of the Shareholders’ and to vote on issues of the General Meeting, as well as the right to receive the dividends. The detailed amount of rights and obligation of the shareholders will be provided in the separate Shareholder Agreement, which will be signed between the Parties as soon as the Option is fully exercised.
1.3. The total number of the Shares that will be available (in case of meeting the requirement stated in this Agreement) to be purchased under the Option constitutes [Specify the percent] of the Company’s share capital. The Company share capital constitutes [Specify the number] ordinary shares at the Date of Grant, so the amount of shares, which may be purchased by the Optionee constitutes [Specify the number] ordinary shares of the Company.
1.4. The Option becomes fully exercisable upon the vesting period, specified in the clause 2 of this Agreement.
Grant of Share Option. The Company grants to the Optionee on the date set forth above (the “Date of Grant”) a Share Option to purchase, pursuant to and subject to the terms set forth in this Agreement and in the Plan, up to the number of ADSs (the “Shares”) with an exercise price per Share as set forth above, in each case, subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the Date of Grant. Each ADS represents the right to receive [___] ([__]) Ordinary Shares (subject to any Share dividend, Share split or combination of Shares (including a reverse Share split)). The Share Option evidenced by this Agreement is a non-statutory option (that is, an option that does not qualify as an incentive stock option under Section 422 of the Code) and is granted to the Optionee in connection with the Optionee’s Employment.
