Common use of Grant of the Option Clause in Contracts

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 shares of the presently authorized but unissued common stock, par value $.01 per share, of the Company (the "Stock"). The purchase price of the Stock subject to this Option shall be $8.20 per share.

Grant of the Option. The Company hereby grants to Optionee Director the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 _______ shares ("Stock") of the presently authorized but unissued common stock, par value $.01 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 ______ per share, being the Fair Market Value of the Common Stock on the Date of Grant, as defined in the Plan.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 240,000 shares of the presently authorized but unissued common stock, par value $.01 per share, of the Company (the "“Stock"”). The purchase price of the Stock subject to this Option shall be $8.20 the closing sales price per share, as reported on the New York Stock Exchange, on the date of this Agreement.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 200,000 shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 .0001 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 4.00 (U.S.) per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 1,000,000 shares of the presently authorized but unissued common stock, par value $.01 per share, of the Company (the "“Stock"”). The purchase price of the Stock subject to this Option shall be $8.20 the closing sales price per share, as reported on the New York Stock Exchange, on the date of this Agreement.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 100,000 shares (the “Stock”) of the presently authorized but unissued common stock, par value $.01 .0001 per share, of the Company (the "“Common Stock"”). The purchase price of the Stock subject to this Option shall be $8.20 3.75 per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 2,000,000 shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 .001 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 $ 0.17 per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 23 0,0 0 0 shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 .0001 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 1.50 per share.,

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 90,000 shares (the “Stock”) of the presently authorized but unissued common stock, par value $.01 .0001 per share, of the Company (the "“Common Stock"”). The purchase price of the Stock subject to this Option shall be $8.20 4.00 per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 750,000 shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 .0001 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 ____ per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 .0001 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 1.50 per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 ___________ (________) shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 1.00 per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 _________________ shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 .005 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 $ ______ per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 shares (the “Stock”) of the presently authorized but unissued common stock, par value $.01 0.0001 per share, of the Company (the "“Common Stock"”). The purchase price of the Stock subject to this Option shall be $8.20 1.50 per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 360,000 shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 .001 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 1.50 per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 shares of the presently authorized but unissued common stock, par value $.01 per share, Common Stock of the Company (hereinafter called the "Stock"). The purchase price of the Stock subject to this Option shall be $8.20 $ per share, which price is not less than the per share fair market value of such Stock as of the date hereof.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 10,000 shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 ______ per share, being the Fair Market Value of the Common Stock on the Date of Grant, as defined in the Plan.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 180,000 shares (the “Stock”) of the presently authorized but unissued common stock, par value $.01 .0001 per share, of the Company (the "“Common Stock"”). The purchase price of the Stock subject to this Option shall be $8.20 2.60 per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 265,000 shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 .0001 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 1.50 per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 _________ (_______) shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 1.00 per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 1,000,000 shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 .001 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 $ 0.17 per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 240,000 shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 .0001 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 4.00 (U.S.) per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 40,000 shares (the "Stock") of the presently authorized but unissued common stock, par value $.01 .005 per share, of the Company (the "Common Stock"). The purchase price of the Stock subject to this Option shall be $8.20 $ 3.00 per share.

Grant of the Option. The Company hereby grants to Optionee the right and option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 150,000 shares of the presently authorized but unissued common stock, par value $.01 per share, of the Company (the "“Stock"”). The purchase price of the Stock subject to this Option shall be $8.20 $ per share.