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Common use of Initial Exercise Price Clause in Contracts

Initial Exercise Price. The initial exercise price of each ------------------------ Option shall be $5.00 per Share. The adjusted exercise price shall result from time to time from any and all adjustments of the initial exercise price in accordance with the provisions of Article 8 hereof.

Appears in 4 contracts

Samples: Option Agreement (Aquagenix Inc/De), Option Agreement (Aquagenix Inc/De), Option Agreement (Aquagenix Inc/De)

Initial Exercise Price. The initial exercise price of each ------------------------ Option shall be $5.00 per Share. The adjusted exercise price shall be the price which shall result from time to time from any and all adjustments of the initial exercise price in accordance with the provisions of Article 8 hereof.

Appears in 1 contract

Samples: Option Agreement (Aquagenix Inc/De)