Common use of Grant of Stock Options Clause in Contracts

Grant of Stock Options. Sprint hereby grants to Executive under the Program options to buy shares of FON Stock at a strike price of $ per share (the “Option”). The Option becomes exercisable at a rate of 25% of the total number of shares subject to purchase on each of the first four anniversaries of the Grant Date and expires on the 10th anniversary of the Grant Date. The Option is governed by, and this Agreement hereby incorporates, the Standard Terms of Options set forth in Section 6(g) of the Program except (i) as provided in Section 4 below, and (ii) that the strike price of $ was set at 110% of the Fair Market Value of one Share of FON Stock on the Grant Date.

Grant of Stock Options. Sprint hereby grants to Executive under the Program options to buy __________________ shares of FON Stock at a strike price of $ $26.7465 per share (the “"Option”"). The Option becomes exercisable at a rate of 25% of the total number of shares subject to purchase on each of the first four anniversaries of the Grant Date and expires on the 10th anniversary of the Grant Date. The Option is governed by, and this Agreement hereby incorporates, the Standard Terms of Options set forth in Section 6(g) of the Program except (i) as provided in Section 4 below, and (ii) that the strike price of $ $26.7465 was set at 110% of the Fair Market Value of one Share of FON Stock on the Grant Date.

Grant of Stock Options. Sprint hereby grants to Executive under the Program options to buy shares of FON Stock at a strike price of $ per share (the “Option”). The Subject to paragraph 4.01 below, the Option becomes exercisable at a rate of 25% of the total number of shares subject to purchase on each of the first four anniversaries of the Grant Date and expires on the 10th anniversary of the Grant Date. The Option is governed by, and this Agreement hereby incorporates, the Standard Terms of Options set forth in Section 6(g) of the Program except (i) as provided in Section 4 below, and (ii) that the strike price of $ was set at 110% of the Fair Market Value of one Share of FON Stock on the Grant Date.

Grant of Stock Options. Sprint hereby grants to Executive under the Program options to buy _________________ shares of FON Stock at a strike price of $ $26.7465 per share (the “"Option”"). The Option becomes exercisable at a rate of 25% of the total number of shares subject to purchase on each of the first four anniversaries of the Grant Date and expires on the 10th anniversary of the Grant Date. The Option is governed by, and this Agreement hereby incorporates, the Standard Terms of Options set forth in Section 6(g) of the Program except (i) as provided in Section 4 below, and (ii) that the strike price of $ $26.7465 was set at 110% of the Fair Market Value of one Share of FON Stock on the Grant Date.