Common use of Option Award Clause in Contracts

Option Award. Subject to the terms and conditions set forth in this Agreement and the Plan, effective as of the Grant Date, the Company grants to the Participant an Option to purchase _______________ (____) Shares, provided that such Option shall be subject to the terms below. The Option shall be a Nonqualified Stock Option.

Appears in 2 contracts

Samples: Stock Incentive Award Agreement (CommunityOne Bancorp), Stock Incentive Award Agreement (FNB United Corp.)

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Option Award. Subject to the terms and conditions set forth in this Agreement and the Plan, effective as of the Grant Date, the Company grants to the Participant an Option to purchase _______________ (____( ) Shares, provided that such Option shall be subject to the terms below. The Option shall be a [an Incentive Option][a Nonqualified Stock Option].

Appears in 2 contracts

Samples: Stock Incentive Award Agreement (AveXis, Inc.), Stock Incentive Award Agreement (AveXis, Inc.)

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