Common use of Number of Shares Exercisable Clause in Contracts

Number of Shares Exercisable. Each exercise of an Option hereunder shall reduce, pro tanto, the total number of Shares that may thereafter be purchased under such Option.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Edison Controls Corp), Nonqualified Stock Option Agreement (Edison Controls Corp), Nonqualified Stock Option Agreement (Edison Controls Corp)

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Number of Shares Exercisable. Each exercise of an this Option hereunder shall reduce, pro tanto, reduce the total number of Shares that may thereafter be purchased under such this Option.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Apache Medical Systems Inc), Nonqualified Stock Option Agreement (Apache Medical Systems Inc)

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