Common use of Number of Shares; Option Price Clause in Contracts

Number of Shares; Option Price. Pursuant to said action of the Board, the Company hereby grants to Optionee the option (“Option”) to purchase, upon and subject to the terms and conditions of the Plan, __________ shares of common stock of the Company (“Shares”) at the price of $______ per Share (which price shall be no less than the fair market value of a Share on the date of grant of this Option).

Appears in 6 contracts

Samples: Incentive Stock Option Agreement (KwikClick, Inc.), Non Qualified Stock Option Agreement (Sigma Labs, Inc.), Incentive Stock Option Agreement (Sigma Labs, Inc.)

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Number of Shares; Option Price. Pursuant to said action of the BoardAdministrator, the Company hereby grants to Optionee the option ("Option") to purchase, upon and subject to the terms and conditions of the Plan, __________ shares of common stock of the Company ("Shares") at the price of $________ per Share (which price shall be no less than the fair market value of a Share on the date of grant of this Option)share.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Digital Theater Systems Inc), Stock Option Agreement (World Waste Technologies Inc), Non Qualified Stock Option Agreement (Digital Theater Systems Inc)

Number of Shares; Option Price. Pursuant to said action of the Board, the Company hereby grants to Optionee the option (“Option”) to purchase, upon and subject to the terms and conditions of the Plan, __________ shares of common stock of the Company (“Shares”) at the closing price of $______ per Share (which price shall be no less than the fair market value of a Share Company’s common stock on the date of Effective Date. The grant of this Option)the Option is made in consideration of the services to be rendered by the Optionee to the Company and is subject to the terms and conditions of the Plan.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (KwikClick, Inc.), Non Qualified Stock Option Agreement (Sigma Labs, Inc.)

Number of Shares; Option Price. Pursuant to said action of the BoardBoard of Directors, the Company hereby grants to Optionee Optionee, in consideration of consulting services performed for the benefit of the Company, the option ("Option") to purchase, upon and subject purchase up to the terms and conditions of the Plan, __________ shares ("Option Shares") of common stock Common Stock of the Company (“Shares”) Company, at the exercise price of $______ per Share (which price shall be no less than the fair market value of a Share on the date of grant of this Option)share.

Appears in 1 contract

Samples: Non Statutory Incentive Stock Option Agreement (Level Best Golf Inc /Fl/)

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Number of Shares; Option Price. Pursuant to said action of the BoardBoard of Directors, the Company hereby grants to Optionee Optionee, in consideration of employment or consulting services performed for the benefit of the Company, the option ("Option") to purchase, upon and subject purchase up to the terms and conditions of the Plan, ___________ shares ("Option Shares") of common stock Common Stock of the Company (“Shares”) Company, at the exercise price of $______ per Share (which price shall be no less than the fair market value of a Share on the date of grant of this Option)share.

Appears in 1 contract

Samples: Global Telemedia (Global Telemedia International Inc)

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