Granting of Option. The Company hereby irrevocably grants to the Optionee a non-transferable option to purchase 300,000 shares in the capital stock of the Company (hereinafter called the "Option") at a price of $0.58 per share (the "Option Price") on the terms and conditions hereinafter set forth.
Granting of Option. The Company hereby irrevocably grants to the Optionee a non-assignable, non-transferable option to purchase · Shares (the “Option”) at a price of $· per Share (the “Option Price”).
Granting of Option. Subject to the terms and conditions of this Agreement, the Corporation hereby grants to the Optionee the irrevocable option to purchase up to [Number of options] Shares (the “Option”), exercisable at the price of CDN $[Exercise price] per Share (the “Exercise Price”), at any time and from time to time until 5:00 p.m. (Calgary time) on [Expiration date (five years after Effective date)] (the “Expiry Time”), at which time the Option shall expire and all rights to purchase Shares hereunder shall cease and become null and void.
Granting of Option. 1.1 Unless otherwise disclosed to and agreed by Party A expressly in writing, the Parties have agreed that Party A has the exclusive option from the date when this Agreement comes to effect. Subject to this Agreement, Party A or any third party designated by it has the option to purchase all shares of the Principals in Party D from time to time at the lowest price allowed by the laws and regulations of the PRC when such option is exercised. Such option shall be granted to Party A with immediate effect after this Agreement is entered into by the Parties and comes to effect, and shall not be cancelled or altered in the Term of this Agreement (including any period extended according to Section 1.2 below).
Granting of Option. 2.1 The Sellers hereby irrevocably grant to Impco, which hereby accepts, the right to enter into the Contracts, within the terms and pursuant to the conditions set out herein.
2.2 By way of implementation of the granting of the Option, simultaneously with the signing of this Option Agreement and with payment by Impco of the first tranche of the Option Price pursuant to Section 3.1.1 below, the Parties have executed or caused to be executed the following actions:
2.2.1 The Sellers have registered the Quota in the name of the Fiduciary Company, pursuant to the Fiduciary Terms and the Irrevocable Instructions.
2.2.2 The Sellers, Impco and the Fiduciary Company have signed and exchanged the Fiduciary Terms and the Irrevocable Instructions.
2.2.3 The Sellers have signed the Contracts and have delivered them to the Fiduciary Company to be kept and disposed of in accordance with the Irrevocable Instructions.
2.2.4 The Sellers have signed the Lock-Up Agreement and have delivered it to the Fiduciary Company.
Granting of Option. On the terms and conditions ------------------ hereinafter set forth, the Company hereby grants to Xxxxxxx the irrevocable option (the "Option") to purchase up to One Hundred Thousand (100,000) fully paid and nonassessable shares of Common Stock, $.001 par value, of the Company, at a price of $1.47 per share (the "Exercise Price"). The number of shares of Common Stock which may be purchased upon the exercise of the Option and the amount of the Exercise Price are subject to adjustment as set forth in Section 3.
Granting of Option. Upon the recommendation of the Board of Directors in accordance with the terms of the Plan, and subject to paragraph 4 hereof, the Corporation hereby grants to the Optionee a non-assignable, non- transferable. Option to purchase (Number of Shares) Common Shares of the Corporation (the "Option Shares"). The date on which the Option is granted is the date first written above (the "Option Date").
Granting of Option. On the offering date, this Plan shall be deemed to have granted to the participant an option for as many full shares as he will be able to purchase with the payroll deductions credited to his account during his participation in that offering. Notwithstanding the foregoing, no participant may purchase more than 2,250 shares of stock during any single offering.
Granting of Option. Landlord grants to Tenant the sole exclusive privilege and option to purchase from Landlord the fee simple title to the Premises upon the terms and conditions set forth in this Lease (the “Option”).
Granting of Option. Subject to the terms and conditions of this Agreement, the Corporation hereby grants to the Optionee the option (the “Option”) to purchase up to [Number] Shares, exercisable at the price of CAD$ [Exercise price] per Share (the “Exercise Price”), at any time and from time to time until 5:00 p.m. (prevailing Eastern time) on [Expiration date] (the “Expiration Time”), at which time the Option shall expire and all rights to purchase Shares hereunder shall cease and become null and void. The Option is not intended to qualify as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.
