Option Price. The price per share for Common Stock purchased on the exercise of an Option shall be fixed by the Committee, but shall not be less than the Fair Market Value on the date of grant.
Appears in 13 contracts
Samples: 2023 Stock Incentive Plan (Universal Corp /Va/), Universal Corp /Va/, Universal Corp /Va/
Option Price. a. The price per share for Common Stock purchased on by the exercise of an any Option granted under the Plan shall be fixed determined by the CommitteeCommittee on the date the Option is granted; provided, but however, that the price per share shall not be less than the Fair Market Value on the date of grant.
Appears in 7 contracts
Samples: Option Agreement (Approved Financial Corp), Option Agreement (Approved Financial Corp), Option Agreement (Approved Financial Corp)
Option Price. The price per share for Common Stock purchased on the exercise of an Option shall be fixed by the CommitteeBoard on the date of grant, but shall not be less than the Fair Market Value on the date of grantsuch date.
Appears in 3 contracts
Samples: Incentive Plan (Village Bank & Trust Financial Corp.), Village Bank & Trust Financial Corp., Village Bank & Trust Financial Corp.
Option Price. The price per share for Common Stock purchased on the exercise of an Option shall be fixed by the CommitteeBoard on the date of grant; provided, but however, that in the case of an Option that is an Incentive Stock Option, the price per share shall not be less than the Fair Market Value on the date of grantsuch date.
Appears in 3 contracts
Samples: Southern National Bancorp of Virginia Inc, Southern Community Financial Corp., Eagle Financial Services Inc
Option Price. The price per share for Common Stock purchased on the exercise of an Option shall be fixed by the CommitteeCommittee on the date of grant; provided, but however, that the price per share shall not be less than the Fair Market Value on the date of grantsuch date.
Appears in 3 contracts
Samples: Landamerica Financial Group Inc, Republic Services Inc, Landamerica Financial Group Inc
Option Price. The price per share for Common Stock purchased on the exercise of an Option shall be fixed by the CommitteeCommittee on the date of its grant; provided, but however, that, in the case of an Option that is an Incentive Stock Option, the price per share shall not be less than the Fair Market Value on the date of grantsuch date.
Appears in 3 contracts
Samples: Open Plan (Open Plan Systems Inc), Open Plan (Open Plan Systems Inc), Open Plan Systems Inc
Option Price. 6.01 The price per share for Common Stock purchased on the exercise of an Option shall be fixed by the CommitteeCommittee on the date of grant; provided, but however, that in the case of an Option that is an Incentive Stock Option, the price per share shall not be less than the Fair Market Value on such date; provided, further, that the date of grantprice per share shall not be less than Book Value.
Appears in 2 contracts
Samples: United Financial Banking Companies Inc, United Financial Banking Companies Inc
Option Price. The price per share for Common Stock purchased on the exercise of an Option shall be fixed by the CommitteeCommittee on the date of grant; provided, but however, that in the case of an Option that is an Incentive Stock Option, the price per share shall not be less than the Fair Market Value on the date of grantsuch date.
Appears in 2 contracts
Samples: Landamerica Financial Group Inc, Lawyers Title Corp
Option Price. The price per share for Common Stock purchased on the exercise of an Option shall be fixed by the CommitteeCommittee on the date of grant; provided, but however, that the price per share shall not be less than the Fair Market Value on such date. Notwithstanding the foregoing, if an Incentive Stock Option is granted to a Participant who, at the time of the Grant, is a 10% shareholder as determined under Section 422 of the Code, then the Option Price shall be not less than 110% of the Fair Market Value on the date of grantGrant.
Appears in 1 contract
Samples: Hilb Rogal & Hamilton Co /Va/
Option Price. The price per share for Common Stock purchased on the exercise of an Option option shall be fixed by the CommitteeCommittee on the date of grant; provided, but however, that in the case of an option that is an Incentive Stock option, the price per share shall not be less than the Fair Market market Value on the date of grantsuch date.
Appears in 1 contract
Samples: Virginia First Financial Corp
Option Price. The price per share for Common Stock purchased on the exercise of an Option option shall be fixed determined by the CommitteeCommittee on the date of grant; provided, but however, that the price per share for Common Stock purchased on the exercise of any Option shall not be less than the Fair Market Value on the date of grantthe Option is granted.
Appears in 1 contract
Samples: Equifax Inc
Option Price. The price per share for Common Stock purchased on the exercise of an Option shall be fixed by the CommitteeCommittee on the date of Grant; provided, but however, that in the case of an Option that is an Incentive Stock Option, the price per share shall not be less than the Fair Market Value on the date of grantsuch date.
Appears in 1 contract
Samples: Community Financial Corp /De/