Number of Stock Options Sample Clauses

Number of Stock Options. [Number of Stock Options]
Sample 1
Number of Stock Options. The Corporation hereby acknowledges and confirms the grant to the Optionee, upon the terms and conditions set forth in this Agreement, of the following Options: _____ Incentive Stock Options ("ISOs"). Each Option shall entitle the Optionee to purchase, upon the terms and conditions set forth in this Agreement, one Common Share. The number of Common Shares to which each Option pertains shall be adjusted, as necessary, in accordance with the provisions of Article 11 of the Plan.
Sample 1Sample 2
Number of Stock Options. [XX] Effective [Date], you will receive a stock option grant of [XX] shares, with an exercise price equal to the closing stock price on such date. These shares will vest in three (3) tranches as detailed below, conditioned upon the successful completion of the applicable performance milestone by December 31, 2022 and subject to the terms of the Stock Option Agreement. Any portion of the option associated with an incomplete performance milestone as of December 31, 2022 will automatically be forfeited and will be canceled. 1) NDA resubmission - 25% vest 2) NDA approval – 50% vest 3) Commercial launch - 25% vest 2) [Include Based on Participant] Additional Number of Stock Options: [XX] Effective [Date], you will receive a stock option grant of [XX] shares, with an exercise price equal to the closing stock price on such date. These shares will fully vest upon NDA approval for veverimer by December 31, 2022 and subject to the terms of the Stock Option Agreement. If the NDA is not approved by December 31, 2022, these options will automatically be forfeited and will be canceled.
Sample 1
Number of Stock Options. The number of these Stock Options allocated to Party B shall be [number].
Sample 1
Number of Stock Options. Options to purchase 92,000 shares as evidenced pursuant to a Notice of Stock Option Grant dated as of April 29, 2005.
Sample 1
Number of Stock Options. Options for Shares of Common Stock of Company (1:1 basis) Vesting Period: __________ Option Exercise Price: __________ per Share Stock Purchase Price: $0.00 per Share Option Expiration Date: __________
Sample 1

Related to Number of Stock Options

  • Grant of Stock Options This non-qualified Stock Option is granted under and pursuant to the Plan and is subject to each and all of the provisions thereof.

  • Stock Options At the Effective Time, each outstanding unexpired and unexercised option to purchase or acquire a share of Company Common Stock under the Company Equity Plans (each, a “Company Stock Option”) shall vest and become fully exercisable, whether or not then vested or subject to any performance condition that has not been satisfied. At the Effective Time, each Company Stock Option shall be converted into an option to purchase the number of shares of Parent Common Stock equal to the product of (x) the Stock Option Conversion Fraction (as defined in this Section 2.4(a)) multiplied by (y) the number of shares of Company Common Stock which could have been obtained prior to the Effective Time upon the exercise of each such Company Stock Option (rounded down to the nearest whole share), at an exercise price per share (rounded up to the nearest cent) equal to the exercise price for each such share of Company Common Stock subject to a Company Stock Option divided by the Stock Option Conversion Fraction, and all references to the Company in each such option shall be deemed to refer to Parent, where appropriate. The other terms of such Company Stock Options shall continue to apply in accordance with their terms, including pursuant to such preexisting terms and conditions, provided, however, that Parent shall treat each Company Stock Option as fully vested and exercisable. Each Company Stock Option converted pursuant to the terms of this Section 2.4(a) shall be referred to as a “Parent Exchange Option.” In connection with the issuance of Parent Exchange Options, Parent shall reserve for issuance the number of shares of Parent Common Stock that will become subject to Parent Exchange Options pursuant to this Section 2.4(a). As promptly as reasonably practicable after the Effective Time, Parent shall issue to each holder of an outstanding Parent Exchange Option a document evidencing the foregoing assumption by Parent. Parent shall file a registration statement on Form S-8 (or any successor or other appropriate form that Parent is eligible to use) under the Securities Act on the Closing Date with respect to the shares of Parent Common Stock subject to Parent Exchange Options and shall use its commercially reasonable efforts to cause such registration statement to remain effective until the exercise or expiration of the Parent Exchange Options. For purposes of this Section 2.4(a), the “Stock Option Conversion Fraction” shall mean the Exchange Ratio subject to adjustment in accordance with Section 2.1(d). The number of shares subject to any Parent Exchange Option and the exercise price per share of such Parent Exchange Option shall be determined in a manner which would not result in the conversion of Company Stock Options into Parent Exchange Options being treated as a new grant of stock options under Section 409A of the Code, and the Company and Parent shall agree upon any adjustments to this Section 2.4(a) necessary to avoid such new grant of stock options.

  • Nonstatutory Stock Option If the Grant Notice so designates, this Option is intended to be a Nonstatutory Stock Option and shall not be treated as an Incentive Stock Option within the meaning of Section 422(b) of the Code.