Common use of Option; Option Price Clause in Contracts

Option; Option Price. Pursuant to said action of the Committee, the Company has granted to the Optionee the option (the "Option") to purchase, upon and subject to the terms and conditions of this Agreement and the terms and conditions of the Plan (which are hereby incorporated by reference herein), 150,000 shares (the "Option Shares") of Common Stock of the Company at the price of $5.52 per share (the "Option Price"), which Option is not intended to qualify for Federal income tax purposes as an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Nontransferable Nonqualified Stock Option Agreement (Synaptic Pharmaceutical Corp)

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Option; Option Price. Pursuant to said action of the Committee, the Company has granted to the Optionee the option (the "Option") to purchase, upon and subject to the terms and conditions of this Agreement and the terms and conditions of the Plan (which are hereby incorporated by reference herein)Agreement, 150,000 750,000 shares (the "Option Shares") of Common Stock of the Company at the price of $5.52 5.75 per share (the "Option Price"), which Option is not intended to qualify for Federal income tax purposes as an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Synaptic Pharmaceutical Corp)

Option; Option Price. Pursuant to said action of the Committee, the Company has granted to the Optionee the option (the "Option") to purchase, upon and subject to the terms and conditions of this Agreement and the terms and conditions of the Plan (which are hereby incorporated by reference herein), 150,000 180,435 shares (the "Option Shares") of Common Stock of the Company at the price of $5.52 5.75 per share (the "Option Price"), which Option is not intended to qualify for Federal income tax purposes as an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Nontransferable Nonqualified Stock Option Agreement (Synaptic Pharmaceutical Corp)

Option; Option Price. Pursuant to said action of the Committee, the Company has granted to the Optionee the option (the "Option") to purchase, upon and subject to the terms and conditions of this Agreement and the terms and conditions of the Plan (which are hereby incorporated by reference herein), 150,000 ______ shares (the "Option Shares") of Common Stock of the Company at the price of $5.52 12.00 per share (the "Option Price"), which Option is not intended to qualify for Federal income tax purposes as an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Nontransferable Incentive Stock Option Agreement (Synaptic Pharmaceutical Corp)

Option; Option Price. Pursuant to said action of the Committee, the Company has granted to the Optionee the option (the "Option") to purchase, upon and subject to the terms and conditions of this Agreement and the terms and conditions of the Plan (which are hereby incorporated by reference herein), 150,000 10,827 shares (the "Option Shares") of Common Stock of the Company at the price of $5.52 14.4375 per share (the "Option Price"), which Option is not intended to qualify for Federal income tax purposes as an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Nontransferable Incentive Stock Option Agreement (Synaptic Pharmaceutical Corp)

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Option; Option Price. Pursuant to said action of the Committee, the Company has granted to the Optionee the option (the "Option") to purchase, upon and subject to the terms and conditions of this Agreement and the terms and conditions of the Plan (which are hereby incorporated by reference herein), 150,000 25,000 shares (the "Option Shares") of Common Stock of the Company at the price of $5.52 12.00 per share (the "Option Price"), which Option is not intended to qualify for Federal income tax purposes as an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Nontransferable Incentive Stock Option Agreement (Synaptic Pharmaceutical Corp)

Option; Option Price. Pursuant to said action of the Committee, the Company has granted to the Optionee the option (the "Option") to purchase, upon and subject to the terms and conditions of this Agreement and the terms and conditions of the Plan (which are hereby incorporated by reference herein), 150,000 69,565 shares (the "Option Shares") of Common Stock of the Company at the price of $5.52 5.75 per share (the "Option Price"), which Option is not intended to qualify for Federal income tax purposes as an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Nontransferable Incentive Stock Option Agreement (Synaptic Pharmaceutical Corp)

Option; Option Price. Pursuant to said action of the Committee, the Company has granted to the Optionee the option (the "Option") to purchase, upon and subject to the terms and conditions of this Agreement and the terms and conditions of the Plan (which are hereby incorporated by reference herein), 150,000 14,173 shares (the "Option Shares") of Common Stock of the Company at the price of $5.52 14.4375 per share (the "Option Price"), which Option is not intended to qualify for Federal income tax purposes as an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Nontransferable Nonqualified Stock Option Agreement (Synaptic Pharmaceutical Corp)

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