Common use of Option; Number of Units Clause in Contracts

Option; Number of Units. The Company hereby grants to Optionee the right (the "Option") to purchase up to 126,245 Units (the "Units") at a price of $3.47 per Unit (the "Purchase Price"). The Option and the right to purchase all or any portion of the Units are subject to the terms and conditions stated in this Agreement and in the Plan, including, without limitation, the provisions of Sections 4, 10, 13 (b), and 14 of the Plan and Sections 3 and 4 hereof. Upon exercise of the Option, Optionee shall become a member of the Company, with the rights and benefits, and subject to the terms and conditions, set forth in the Company's Limited Liability Company Agreement and the Company's Limited Liability Company Agreement shall (if necessary) be amended to so provide. The Optionee agrees to comply with, and be subject to, the provisions of the Company's Limited Liability Company Agreement and to do all acts required thereunder.

Option; Number of Units. The Company hereby grants to Optionee the right (the "Option") to purchase up to 126,245 252,490 Units (the "Units") at a price of $3.47 per Unit (the "Purchase Price"). The Option and the right to purchase all or any portion of the Units are subject to the terms and conditions stated in this Agreement and in the Plan, including, without limitation, the provisions of Sections 4, 10, 13 (b), and 14 of the Plan and Sections 3 and 4 hereof. Upon exercise of the Option, Optionee shall become a member of the Company, with the rights and benefits, and subject to the terms and conditions, set forth in the Company's Limited Liability Company Agreement and the Company's Limited Liability Company Agreement shall (if necessary) be amended to so provide. The Optionee agrees to comply with, and be subject to, the provisions of the Company's Limited Liability Company Agreement and to do all acts required thereunder.