Name of Optionee Sample Clauses

Name of Optionee. Xxxxxxx X. X'Xxxx ----------------------------- Social Security Number of Optionee: [OMITTED FOR CONFIDENTIALITY] ----------------------------- Number of Shares Subject to Option: 50,000 ----------------------------- Option Price/Base Price Per Share: $25.00 ----------------------------- Grant Date of Option: September 15, 2003 ------------------ Expiration Date of Option: September 15, 2013 ------------------ Exercisability: The Option shall become immediately exercisable with respect to all shares subject to the Option upon the closing stock price of the Company's Common Stock, as reported by the New York Stock Exchange, being at least $25.00 for five consecutive trading days at any time during the term of this Option. The Option may become exercisable earlier than described in the immediately preceding sentence upon the occurrence of a Change in Control as set forth in Section 2 of this Agreement. The Optionee must be employed by the Company on the date that the Option would have become exercisable.
Sample 1
AutoNDA by SimpleDocs
Name of Optionee. No. Of Option Shares: Grant Date: Option Exercise Price per Share: Expiration Date: Pursuant to the StockerYale, Inc. 2004 Incentive Stock Option Plan (the “Plan”) as amended through the date hereof, StockerYale, Inc. (the “Company”) hereby grants to the Optionee named above an option (the “Stock Option”) to purchase on or prior to the Expiration Date specified above all or part of the number of shares of Common Stock, par value $.001 per share (the “Stock”) of the Company specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan.
Sample 1
Name of Optionee. 2. TOTAL NUMBER OF SHARES SUBJECT TO OPTION: _______________________
Sample 1
Name of Optionee. No. of Option Shares: -------------------------- Option Exercise Price per Share: $ ---------------------------------------- Grant Date: ------------------------- Expiration Date: ---------------------------------------- Pursuant to the Xxxxxxx American Corporation 1998 Stock Option and Incentive Plan (the "Plan") as amended through the date hereof, Xxxxxxx American Corporation (the "Company") hereby grants to the Optionee named above an option (the "Stock Option") to purchase on or prior to the Expiration Date specified above all or part of the number of shares of Common Stock, par value $ per ----- share (the "Stock") of the Company specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan.
Sample 1
Name of Optionee. Xxxx Xxxxx
Sample 1
Name of Optionee. Xxxxxxx X. X'Xxxx ----------------------------- Social Security Number of Optionee: [OMITTED FOR CONFIDENTIALITY] ----------------------------- Number of Shares Subject to Option: 100,000 ----------------------------- Option Price/Base Price Per Share: $19.66 ----------------------------- Grant Date of Option: September 15, 2003 ------------------ Expiration Date of Option: September 15, 2013 ------------------ Table Regarding Exercisability: NUMBER DATE OF FIRST OF SHARES EXERCISABILITY 1 33,333 September 15, 2004 ------ ------------------ 2 33,333 September 15, 2005 ------ ------------------ 3 33,334 September 15, 2006 ------ ------------------ The Option may become exercisable earlier than the above schedule upon the occurrence of a Change in Control as set forth in Section 2 of this Agreement. The Optionee must be employed by the Company on the Date of First Exercisability set forth in the table for the applicable portion of the Option to become exercisable on that date.
Sample 1

Related to Name of Optionee

  • Xxxxx of Option The Plan Administrator of the Company hereby grants to the Optionee named in the Notice of Grant attached as Part I of this Agreement (the "Optionee") an option (the "Option") to purchase the number of Shares, as set forth in the Notice of Grant, at the exercise price per share set forth in the Notice of Grant (the "Exercise Price"), subject to the terms and conditions of the Plan, which is incorporated herein by reference. Subject to Section 15(c) of the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Option Agreement, the terms and conditions of the Plan shall prevail. If designated in the Notice of Grant as an Incentive Stock Option ("ISO"), this Option is intended to qualify as an Incentive Stock Option under Section 422 of the Code. However, if this Option is intended to be an Incentive Stock Option, to the extent that it exceeds the $100,000 rule of Code Section 422(d) it shall be treated as a Nonstatutory Stock Option ("NSO").

  • Grant; Type of Option The Company hereby grants to the Participant an option (the “Option”) to purchase the total number of shares of Common Stock of the Company, at the Exercise Price set forth above. The Option is being granted pursuant to the terms of the EndoChoice Holdings, Inc. 2015 Omnibus Equity Incentive Plan (the “Plan”). The Option is intended to be a Nonqualified Stock Option and not an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code.

  • Type of Option The Option is intended to be a Nonqualified Stock Option. It 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 from time to time, or any successor provision thereto.

  • NATURE OF OPTION The Option is not intended to meet the requirements of Section 422 of the Internal Revenue Code of 1986, as amended, relating to “incentive stock options”.

  • Purchase of Option Shares Subject to all the terms and conditions of this Agreement, the Company grants to the Representative on behalf of the Underwriters the Option to purchase, severally and not jointly, all or less than all of the Option Shares. The purchase price (net of discount and commissions) to be paid for each Option Share will be the same Purchase Price (net of discount and commissions) allocated to each Firm Share. The Option may be exercised in whole or in part at any time and from time to time on or before the 45th day after the date of this Agreement, upon written notice (the “Option Notice”) by the Representative to the Company no later than 12:00 noon, New York City time, at least one and no more than five business days before the date specified for closing in the Option Notice (the “Option Closing Date”) setting forth the aggregate number of Firm Shares to be purchased and the time and date for such purchase. Upon exercise of the Option, the Company will become obligated to convey to the Underwriters, and, subject to the terms and conditions set forth herein, the Underwriters will become obligated to purchase, the number of Firm Shares specified in the Option Notice. If any Option Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Option Shares that, together with the number of Firm Shares, is set forth on Schedule A opposite such Underwriter’s name. For purposes of this Agreement, “business day” means any day except Saturday, Sunday and any day which is a federal legal holiday or a day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • Character of Option This Option is not to be treated as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.

  • Xxxxx of Option; Conditions Tenant shall have the right to extend the Term (the “Renewal Option”) for one additional period of 5 years commencing on the day following the Termination Date of the initial Term and ending on the 5th anniversary of the Termination Date (the “Renewal Term”), if:

  • Vesting of Options The Option shall vest (become exercisable) in accordance with the vesting schedule shown on page 1 of this Award Agreement. Notwithstanding the vesting schedule on page 1, the Option will also vest and become exercisable:

  • Vesting of Option The Option shall be 100% vested upon the date of grant.

  • Grant of Options The Company hereby grants Optionee the right and option ("Option") to purchase the above described Twenty Million (20,000,000) shares of Common Stock, on the terms and conditions set forth herein and subject to the provisions of the Form S-8 registration statement in exchange for services provided by Employee to the Company, the options shall vest immediately upon the exercise hereof.

Time is Money Join Law Insider Premium to draft better contracts faster.