Common use of Option Number Clause in Contracts

Option Number. The "Option Number" shall initially be the number of Shares equal to nineteen and nine-tenths percent (19.9%) of the total number of shares of Company Common Stock issued and outstanding as of the date of this Agreement less the number of shares issuable upon full conversion of the Convertible Note, and shall be adjusted hereafter to reflect

Appears in 3 contracts

Samples: Stock Option Agreement (Networks Associates Inc/), Stock Option Agreement (Networks Associates Inc/), Stock Option Agreement (Cybermedia Inc)

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Option Number. The "Option Number" Number shall initially be the number of Shares shares equal to nineteen and nine-tenths percent (19.9%) of the total number of shares of Company Common Stock issued and outstanding as of the date of this Agreement less the number of shares issuable upon full conversion of the Convertible NoteAgreement, and shall be adjusted hereafter to reflectreflect changes in the Company capitalization occurring after the date hereof in accordance with Section 8.

Appears in 2 contracts

Samples: Company Stock Option Agreement (Paragon Health Network Inc), Company Stock Option Agreement (Mariner Health Group Inc)

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