Common use of Granting of Option Clause in Contracts

Granting of Option. 2. The Company hereby irrevocably grants to the Optionee a non-assignable, non-transferable option to purchase ________ shares in the capital stock of the Company (the "Option") at a price of $____ per share (the "Option Price") on the terms and conditions hereinafter set forth.

Granting of Option. 2. The Company hereby irrevocably grants to the Optionee a non-assignable, non-transferable option to purchase ________ shares in the capital stock of the Company ● Shares (the "“Option"”) at a price of $____ ● per share Share (the "“Option Price") on the terms and conditions hereinafter set forth”).

Granting of Option. 2. The Company hereby irrevocably grants to the Optionee a non-assignable, non-transferable option to purchase ________ shares in the capital stock of the Company • Shares (the "“Option"”) at a price of $____ • per share Share (the "“Option Price") on the terms and conditions hereinafter set forth”).

Granting of Option. 2. The Company hereby irrevocably grants to the Optionee a non-assignable, non-transferable option to purchase ________ shares in the capital stock of the Company · Shares (the "“Option"”) at a price of $____ · per share Share (the "“Option Price") on the terms and conditions hereinafter set forth”).

Granting of Option. 2. The Company hereby irrevocably grants to the Optionee a non-assignable, non-transferable option to purchase ________ shares in the capital stock of the Company ♦ Shares (the "“Option"”) at a price of $____ ♦ per share Share (the "“Option Price") on the terms and conditions hereinafter set forth”).