Common use of Grant of Stock Option Clause in Contracts

Grant of Stock Option. On the date of grant set forth above (the “Date of Grant”), the Company granted to the Participant an option (the “Stock Option”) to purchase, pursuant to and subject to the terms and conditions set forth in this Agreement and in the Plan, up to the number of shares of Stock 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 Stock Option evidenced by this Agreement is a non-statutory option (that is, an option that is not intended to qualify as an incentive stock option) and is granted to the Participant in connection with the Participant’s Employment.

Appears in 6 contracts

Samples: Non Statutory Stock Option Agreement (MiNK Therapeutics, Inc.), Equity Incentive (Olaplex Holdings, Inc.), Equity Incentive Plan (Rallybio Corp)

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Grant of Stock Option. On the date of grant set forth above (the “Date of Grant”), the Company granted to the Participant an option (the “Stock Option”) to purchase, pursuant to and subject to the terms and conditions set forth in this Agreement and in the Plan, up to the number of shares of Stock set forth above (the “Shares”), with an exercise price per Share as set forth above, in each case case, subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof. The Stock Option evidenced by this Agreement is a non-statutory option (that is, an option that is not intended to qualify as an incentive stock option) and is granted to the Participant in connection with the Participant’s Employment.

Appears in 3 contracts

Samples: Statutory Stock Option Agreement (Verastem, Inc.), Stock Option Agreement (Verastem, Inc.), Stock Option Agreement (Verastem, Inc.)

Grant of Stock Option. On The Company grants to the Optionee on the date of grant set forth above (the “Date of Grant”), the Company granted to the Participant ) an option (the “Stock Option”) to purchase, pursuant to and subject to the terms and conditions set forth in this Agreement and in the Plan, up to the number of shares of Stock Shares set forth above (the “Optioned Shares”), with an exercise price per Optioned Share as set forth above, in each case case, subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof. The Stock Option evidenced by this Agreement is a non-statutory option (that is, an option that is does not intended to qualify as an incentive stock optionoption under Section 422 of the Code) and is granted to the Participant Optionee in connection with the ParticipantOptionee’s Employment.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Osmotica Pharmaceuticals PLC), Non Statutory Stock Option Agreement (Osmotica Pharmaceuticals LTD)

Grant of Stock Option. On The Company grants to the Optionee on the date of grant set forth above (the “Date of Grant”), the Company granted to the Participant ) an option (the “Stock Option”) to purchase, pursuant to and subject to on the terms and conditions set forth in this Agreement provided herein and in the Plan (including, without limitation, the exercise provisions in Section 6(b)(3) of the Plan), up to the number of shares of Stock 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 Stock Option evidenced by this Agreement is a non-statutory option (that is, an option that is not intended to qualify be treated as an incentive a stock optionoption described in subsection (b) of Section 422 of the Code) and is granted to the Participant Optionee in connection with the ParticipantOptionee’s Employmentemployment by the Company and its Affiliates.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (RXi Pharmaceuticals Corp), Stock Option Agreement (RXi Pharmaceuticals Corp)

Grant of Stock Option. On the date of grant set forth above (the “Date of Grant”), the Company granted to the Participant an option (the “Stock Option”) to purchase, pursuant Subject to and subject to upon the terms terms, conditions, and conditions restrictions set forth in this Agreement and in the Plan, up to the number of shares of Stock set forth above Company’s 2005 Equity Incentive Plan (the “Plan”), the Company hereby grants to the Optionee as of the Date of Grant a stock option (the “Option”) to purchase Common 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 the Option shall be $ , with an exercise price per Share as set forth above, in each case subject to adjustment pursuant to Section 7 of as hereinafter provided (the Plan in respect of transactions occurring after the date hereof“Option Price”). The Stock Option evidenced by this Agreement is a non-statutory option (that is, an option that is not intended to qualify be a nonqualified stock option and shall not be treated as an incentive stock option) and is granted to ” within the Participant in connection with meaning of that term under Section 422 of the Participant’s EmploymentCode, or any successor provision thereto.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Alderwoods Group Inc), Nonqualified Stock Option Agreement (Alderwoods Group Inc)

Grant of Stock Option. On The Company grants to the Optionee on the date of grant set forth above (the “Date of Grant”), the Company granted to the Participant ) an option (the “Stock Option”) to purchase, pursuant to and subject to the terms and conditions set forth in this Agreement and in the Plan, up to the number of shares of Stock Shares set forth above (the “Optioned Shares”), with an exercise price per Optioned Share as set forth above, in each case case, subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof. The Stock Option evidenced by this Agreement is a non-statutory option (that is, an option that is does not intended to qualify as an incentive stock optionoption under Section 422 of the Code) and is granted to the Participant Optionee in connection with the ParticipantOptionee’s Employment.. ​

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (RVL Pharmaceuticals PLC)

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Grant of Stock Option. On The Company hereby grants to the Participant on the date of grant set forth above (the “Date of Grant”), the Company granted to the Participant ) an option (the “Stock Option”) to purchase, pursuant to and subject to the terms and conditions set forth in this Agreement and in the Plan, up to the number of shares of Stock 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 8 of the Plan in respect of transactions described therein occurring after the date hereof. The Stock Option evidenced by this Agreement is a non-statutory option (that is, an option that is not intended to qualify as an incentive stock optionISO) and is granted to the Participant in connection with the Participant’s Employment.

Appears in 1 contract

Samples: Performance Stock Option Agreement (Astra Space, Inc.)

Grant of Stock Option. On the date of grant set forth above (the “Date of Grant”), ) the Company granted to the Participant Optionee an option (the “Stock Option”) to purchase, pursuant to and subject to on the terms and conditions set forth in this Agreement provided herein and in the Plan, up to the number of shares of Stock set forth above (each, a “Share,” and collectively, the “Shares”), with an ) at the exercise price per Share as set forth above, in each case case, subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof. The Stock Option evidenced by this Agreement is a non-statutory option (that is, an option that is not intended to qualify be treated as an incentive a stock optionoption described in subsection (b) and of Section 422 of the Code). The Optionee is granted to a member of the Participant in connection with the Participant’s EmploymentBoard.

Appears in 1 contract

Samples: Stock Option Agreement (Abiomed Inc)

Grant of Stock Option. On The Company grants to the Participant on the date of grant set forth above (the “Date of Grant”), the Company granted to the Participant ) an option (the “Stock Option”) to purchase, pursuant to and subject to the terms and conditions set forth in this Agreement and in the Plan, up to the number of shares of Stock 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 If the “Type of Stock Option” is designated above as an “NSO,” the Stock Option evidenced by this Agreement is a non-statutory option (that is, an option that is does not intended to qualify as an incentive stock option) and is granted to option under Section 422 of the Participant in connection with the Participant’s EmploymentCode).

Appears in 1 contract

Samples: Stock Option Agreement (Cyclerion Therapeutics, Inc.)

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