Option Grant and Exercise Price Sample Clauses

Option Grant and Exercise Price. (a) Effective as of October 26, 2006 the Company hereby grants to the Option Holder the right and option (the "Option") to purchase, on the terms and conditions set forth in this Agreement and in the Plan, Eight hundred and fifty thousand (850,000) shares of its common stock, par value $0.01 per share ("Common Stock"), at an exercise price of $0.15 per share. The Option exercise price was determined in accordance with Section 2(p) of the Plan.
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Option Grant and Exercise Price. (a) Effective as of the date set forth in the first paragraph of this Agreement, the Company hereby grants to the Option Holder the right and option (the “Option”) to purchase, on the terms and conditions set forth in this Agreement and in the Plan, ___(___) shares of its common stock, par value $0.001 per share (“Common Stock”), at an exercise price of Nine Dollars and Ten Cents ($9.10) per share. The Option exercise price is equal to or in excess of the fair market value of the Common Stock on the Option grant date as determined in accordance with Section 6.1.9 of the Plan.
Sample 1
Option Grant and Exercise Price. (a) Effective as of October 26, 2006 the Company hereby grants to the Option Holder the right and option (the "Option") to purchase, on the terms and conditions set forth in this Agreement and in the Plan, Eight hundred and fifty thousand (850,000) shares of its common stock, par value $0.01 per share ("Common Stock"), at an exercise price of $0.15 per share. The Option exercise price was determined in accordance with Section 2(p) of the Plan. (b) The Option is a non-qualified stock option, and is not intended by the Company and the Option Holder to be an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. 2. Vesting and Term of the Option. (a)
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Option Grant and Exercise Price. (a) Pyramid Oil hereby grants to the Option Holder the right and option (the “Option”) to purchase, on the terms set forth in this Agreement and in the Plan, Five Thousand (5,000) shares of Pyramid Oil’s common stock, no par value (“Common Stock”), at an exercise price of Five Dollars and Forty Cents ($5.40) per share. The Option exercise price is equal to or greater than the closing price of the Common Stock on the Option grant date of June 2, 2011, as reported by the NYSE Amex Equities.
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Option Grant and Exercise Price. Subject to the provisions and terms hereinafter set forth, the Company hereby grants to the Optionee, as of December 20, 2002 (the "Grant Date"), the right, privilege and option to purchase (a) 400,000 shares of Common Stock, having an exercise price of $7.50 per share (the "$7.50 Option"); and (b) 400,000 shares of Common Stock, having an exercise price of $10.00 per share (the "$10.00 Option", together with the $7.50 Option, the "Option"). It is Not intended that the Option evidenced by this Agreement shall be an incentive stock option as defined in Section 422 of the United Sates Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the "Code").
Sample 1
Option Grant and Exercise Price. The Notice portion of the Award Agreement states the number of shares of Xxxxxxx Xxxxxxx, Inc. Common Stock (par value $0.10 per share), which may be purchased under this option. The grant date and exercise price (also known as “option price”) are also stated in the Notice portion of the Award Agreement.
Sample 1

Related to Option Grant and Exercise Price

  • the Exercise Price If the Expiration Date is not a Business Day, then this Warrant may be exercised on the next succeeding Business Day.

  • Option Exercise Price The per share price to be paid by Optionee in the event of an exercise of the Option will be $ .

  • NUMBER OF SHARES AND EXERCISE PRICE The number of shares of Common Stock subject to your option and your exercise price per share referenced in your Grant Notice may be adjusted from time to time for Capitalization Adjustments.

  • Certification of Adjusted Exercise Price or Number of Shares of Common Stock Whenever the Exercise Price or the number of shares of Common Stock issuable upon the exercise of each Warrant is adjusted as provided in Section 11 or 13, the Company shall (a) promptly prepare a certificate setting forth the Exercise Price of each Warrant as so adjusted, and a brief statement of the facts accounting for such adjustment, (b) promptly file with the Warrant Agent and with each transfer agent for the Common Stock a copy of such certificate and (c) instruct the Warrant Agent to send a brief summary thereof to each Holder of a Warrant Certificate.

  • Number of Shares; Exercise Price This certifies that, for value received, Cede & Co., and any of its registered assigns, is the registered owner of the number of Warrants set forth on Schedule A hereto, each of which entitles the Warrantholder to purchase from the Company, upon the terms and subject to the conditions hereinafter set forth, a number of fully paid and nonassessable shares of Common Stock (each a “Share” and collectively the “Shares”) equal to the Warrant Share Number at a purchase price per share equal to the Exercise Price. The Warrant Share Number and the Exercise Price are subject to adjustment as provided herein, and all references to “Warrant Share Number” and “Exercise Price” herein shall be deemed to include any such adjustment or series of adjustments.

  • Stock Option Grant Subject to the provisions set forth herein and the terms and conditions of the Plan, and in consideration of the agreements of the Participant herein provided, the Company hereby grants to the Participant an Option to purchase from the Company the number of shares of Common Stock, at the exercise price per share, and on the schedule, set forth above.

  • Exercise Price The exercise price per share of the Common Stock under this Warrant shall be $1.00, subject to adjustment hereunder (the “Exercise Price”).

  • Stock Option Grants Executive will receive an annual grant of stock options during the term of this Agreement in a manner and under terms that are consistent with grants made to other executives of the Company.

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

  • Certificate of Adjusted Exercise Price or Number of Shares Whenever an adjustment is made as provided in Sections 11 and 13 hereof, the Company shall promptly (a) prepare a certificate setting forth such adjustment and a brief statement of the facts accounting for such adjustment, (b) file with the Rights Agent and with each transfer agent for the Preferred Shares a copy of such certificate and (c) mail a brief summary thereof to each holder of a Rights Certificate in accordance with Section 26 hereof. Notwithstanding the foregoing sentence, the failure of the Company to make such certification or give such notice shall not affect the validity of such adjustment or the force or effect of the requirement for such adjustment. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment contained therein and shall not be deemed to have knowledge of such adjustment unless and until it shall have received such certificate.

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