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

Option; Number of Shares; Price. The Company hereby grants to ------------------------------- Optionee the right (the "Option") to purchase up to a maximum of _______ shares (the "Shares") of the Common Stock, $0.01 par value per share, of the Company (the "Common Stock"), at a purchase price of $3.317 per share (the "Option Price"), to be paid in accordance with Section 6 hereof. The Option and the right to purchase all or any portion of the Shares is subject to the terms and conditions stated in this Agreement and in the Plan, including, without limitation, the provisions of Sections 4 and 11 of the Plan under which the Option shall be subject to modification and Sections 14(b) and 15 of the Plan and Sections 3 and 4 hereof pursuant to which the Option is subject to acceleration and/or termination. It is intended that the Option will not qualify for treatment as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Option; Number of Shares; Price. The Company hereby grants to ------------------------------- Optionee the right (the "Option") to purchase up to a maximum of _______ shares (the "Shares") of the Common Stock, $0.01 par value per share, of the Company (the "Common Stock"), at a purchase price of $3.317 of____ per share (the "Option Price"), ) to be paid in accordance with Section 6 hereof. The Option and the right to purchase all or any portion of the Shares is subject to the terms and conditions stated in this Agreement and in the Plan, Plan including, without limitation, the provisions of Sections 4 and 11 of the Plan under which the Option shall be subject to modification and Sections 14(b) 11, 15 and 15 16 of the Plan and Sections 3 and 4 hereof pursuant to which the Option is subject to acceleration and/or termination. It is intended that the Option will not qualify for treatment as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Option; Number of Shares; Price. The Company hereby grants to ------------------------------- Optionee the right to purchase (the "Option") to purchase ), on the terms and conditions hereinafter set forth, up to a maximum of ________ shares (the "Shares") of the Common Stock, $0.01 par value per share, Stock of the Company (the "Common Stock")Company, at a purchase price of $3.317 _____ per share (the "Option Price"), ) to be paid in accordance with Section 6 hereof. The Option and the right to purchase all or any portion of the Shares is subject to the terms and conditions stated in this Agreement and in the Plan, including, without limitation, including but not limited to the provisions of Sections 4 3, 4(d), 7 and 11 of the Plan under which the Option shall be subject to modification and Sections 14(b) and 15 8 of the Plan and Sections 3 and 4 8 hereof pursuant to which the Option is subject to acceleration and/or modification and termination. It The Option is not intended that the Option will not to qualify for treatment as an --- incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Option; Number of Shares; Price. The Company hereby grants to ------------------------------- Optionee the right (the "Option") to purchase up to a maximum of _______ shares (the "Shares") of the Common Stock, $0.01 par value per share, common stock of the Company (the "Common Stock"), at a purchase price of $3.317 _____ per share (the "Option Price"), to be paid in accordance with Section 6 hereof. The Option and the right to purchase all or any portion of the Shares is subject to the terms and conditions stated in this Agreement and in the Plan, including, without limitation, the provisions of Sections 4 and 11 of the Plan under which the Option shall be subject to modification and Sections 14(b) 11(b), 15 and 15 16 of the Plan and Sections 3 and 4 hereof pursuant to which the Option is subject to acceleration and/or termination. It is intended that the Option will not [WILL/WILL NOT] qualify for treatment as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").