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Common use of Option Granted Clause in Contracts

Option Granted. The Company hereby grants the Optionee a non-qualified option to purchase [Number of Shares] shares of the Company’s Common Stock at a purchase price of [Exercise Price] US per share for a term commencing on the effective date of this Agreement and expiring at 5:00 pm (Pacific Time) on the [Expiration Date] (the “Expiration Date”), subject to termination as set forth herein. All options will be fully vested upon execution of this Agreement.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Canyon Copper Corp.), Non Qualified Stock Option Agreement (Canyon Copper Corp.)

Option Granted. The Company hereby grants the Optionee a non-qualified option to purchase [Number of Shares] «SHARES» («NUMBEROPTIONS») shares of the Company’s Common Stock at a purchase price of [Exercise Price] «EXERCISEPRICE» US per share for a term commencing on the effective date of this Agreement and expiring at 5:00 pm (Pacific Time) on the [Expiration Date] «ExpireDay» day of «ExpireMonth», «ExpireYear» (the “Expiration Date”), subject to termination as set forth herein. All options will be fully vested upon execution of this Agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Royal Mines & Minerals Corp)

Option Granted. The Company hereby grants the Optionee a non-qualified option to purchase [Number of SharesSHARES] (NUMBER) shares of the Company’s Common Stock at a purchase price of [Exercise Price] US $_____ per share for a term commencing on the effective date of this Agreement and expiring at 5:00 pm (Pacific Time) on the [Expiration Date] _____ day of ______________, 20___ (the “Expiration Date”), subject to termination as set forth herein. All options will be fully vested upon execution of this Agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Pengram Corp)

Option Granted. The Company hereby grants the Optionee a non-qualified option to purchase [Number of SharesOptions] shares of the Company’s Common Stock at a purchase price of [Exercise Price] US per share for a term commencing on the effective date of this Agreement and expiring at 5:00 pm (Pacific Time) on the [Expiration Date] (the “Expiration Date”), subject to termination as set forth herein. All options will be fully vested upon execution of this Agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Royal Mines & Minerals Corp)

Option Granted. The Company hereby grants the Optionee a non-qualified option incentive stock options to purchase [Number of Shares] «SHARES» («NUMBEROPTIONS») shares of the Company’s Common Stock at a purchase price of [Exercise Price] «EXERCISEPRICE» US per share for a term commencing on the effective date of this Agreement and expiring at 5:00 pm (Pacific Time) on the [Expiration Date] «ExpiryDay» day of «ExpiryMonth», «ExpiryYear» (the “Expiration Date”), subject to termination as set forth herein. All options will be fully vested upon execution of this Agreement.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Royalite Petroleum Co Inc.)

Option Granted. The Company hereby grants the Optionee a non-qualified option stock options to purchase [Number of Shares] «SHARES» («NUMBEROPTIONS») shares of the Company’s Common Stock at a purchase price of [Exercise Price] «EXERCISEPRICE» US per share for a term commencing on the effective date of this Agreement and expiring at 5:00 pm (Pacific Time) on the [Expiration Date] «ExpiryDay» day of «ExpiryMonth», «ExpiryYear» (the “Expiration Date”), subject to termination as set forth herein. All options will be fully vested upon execution of this Agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Royalite Petroleum Co Inc.)