Options; Number of Shares Sample Clauses

Options; Number of Shares. The Company hereby grants to Optionee ------------------------- the right to purchase (the "Options") up to _________________________________ (_____) shares (the "Shares") of $0.01 par value common stock of the Company at the following prices per share (the "Purchase Price"); (a) Options to purchase _______________________ (_____) Shares at a price equal to ten dollars ($10.00) per Share (the "Fixed Price Service Options"); (b) Options to purchase _________________________ (_____) Shares at a price equal to the amount set forth opposite the date of exercise of the Option on Schedule A attached hereto (the "Variable Price Service Options"); ---------- and (c) Options to purchase _________________________ (_____) Shares at a price equal to ten dollars ($10.00) per Share (the "Performance Options"). The Fixed Price Service Options, Variable Price Service Options and the Performance Options are sometimes hereinafter collectively referred to as the "Options" and individually as an "Option." The Options and the right to purchase all or any portion of the Shares are subject to the terms and conditions stated in this Agreement and in the Plan, including, without limitation, the provisions of Section 4, Section 6, Section 10, Section 13(b), Section 14 and Section 19 of the Plan and Section 3 and Section 4 hereof. Upon exercise of an Option and --------- --------- payment of the Purchase Price, Optionee shall become a shareholder of the Company, with all rights and privileges of a shareholder of the Company in respect of any shares of common stock of the Company issuable upon such exercise. It is intended that the Options will not qualify for treatment as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").
Sample 1
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Options; Number of Shares. (a) Company hereby grants to Optionee the right to purchase (each an “Option” and collectively, the “Options”) up to 250,000 shares of common stock, no par value, of the Company (“Common Stock” or “Shares”) at a per share price (“Purchase Price”) equal to the closing price of a share of Common Stock on the date of execution of the Employment Agreement (May 10, 2004), $9.17. (b) The Options and the right to purchase all or any portion of the Shares are subject to the terms and conditions stated in this Agreement and in the Plan. Upon exercise of an Option and payment of the Purchase Price, Optionee shall become a shareholder of the Company, with all rights and privileges of a shareholder of the Company in respect of any Shares issuable upon such exercise. It is intended that the Options will not qualify for treatment as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (“Code”).
Sample 1
Options; Number of Shares. The Company hereby confirms the Optionee's ------------------------- right to purchase and, to the extent necessary, reconfirm the grant to Optionee of the right to purchase (the "Options") up to ____________________ (______) shares (the "Shares") of common stock, par value $.0001 per share, of the Company at the per share price of $____ (the "Purchase Price"). The Options and the right to purchase all or any portion of the Shares are subject to the terms and conditions stated in this Agreement and in the Plan, including, without limitation, the provisions of Section 4, Section 10, Section 13(b), Section 14 and Section 19 of the Plan --------- ---------- ------------- ---------- ---------- and Section 3 hereof. Upon exercise of an Option and payment of the Purchase --------- Price, Optionee shall become a stockholder of the Company, with all rights and privileges of a stockholder of the Company in respect of any shares of common stock of the Company issuable upon such exercise. It is intended that the Options will not qualify for treatment as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").
Sample 1
Options; Number of Shares. (a) The Company hereby grants to Optionee the right to purchase (each an "Option" and collectively, the "Options") up to _________ ------ ------- shares of common stock, no par value, of the Company (the "Common Stock" or the "Shares") at the per share price (the "Purchase Price") of $__________.* -------------- Subject to adjustment under Section 10 of the Plan. (b) The Options and the right to purchase all or any portion of the Shares are subject to the terms and conditions stated in this Agreement and in the Plan. Upon exercise of an Option and payment of the Purchase Price, Optionee shall become a shareholder of the Company, with all rights and privileges of a shareholder of the Company in respect of any Shares issuable upon such exercise. It is intended that the Options will not qualify for treatment as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"). ---- --------------------------- * Subject to adjustment under Section 10 of the Plan.
Sample 1
Options; Number of Shares. (a) The Company hereby grants to Optionee the right to purchase (each an "Option" and collectively, the "Options") up to _________ shares of Class A common stock, no par value, of the Company (the "Common Stock" or the "Shares") at the following prices per share (the "Purchase Price"): (i) Options to purchase _______Shares at a price equal to __________ dollars per Share; and (ii) Options to purchase _______ Shares at a price equal to __________ dollars per Share. (b) The Options and the right to purchase all or any portion of the Shares are subject to the terms and conditions stated in this Agreement and in the Plan. Upon exercise of an Option and payment of the Purchase Price, Optionee shall become a shareholder of the Company, with all rights and privileges of a shareholder of the Company in respect of any Shares issuable upon such exercise. It is intended that the Options will not qualify for treatment as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").
Sample 1
Options; Number of Shares. (a) Subject only to approval by Company's shareholders at the Annual Meeting, Company hereby grants to Optionee the right to purchase (each an "Option" and collectively, the "Options") up to 100,000 shares of common stock, no par value, of the Company ("Common Stock" or "Shares") at a per share price ("Purchase Price") equal to the closing price of Common Stock on the date hereof ($8.74). (b) Although the Options are not issued pursuant to the Plan, the Options and the right to purchase all or any portion of the Shares are subject to the terms and conditions stated in this Agreement and in the Plan, as if such Options had been granted pursuant to the Plan. Upon exercise of an Option and payment of the Purchase Price, Optionee shall become a shareholder of the Company, with all rights and privileges of a shareholder of the Company in respect of any Shares issuable upon such exercise. It is intended that the Options will not qualify for treatment as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended ("Code").
Sample 1
Options; Number of Shares. The Company hereby grants to Optionee the ------------------------- right to purchase (the "Options") up to ___________________ (________) shares ------- (the "Shares") of common stock, par value $.0001 per share, of the Company at ------ the price per share of $_____ (the "Purchase Price").
Sample 1
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Related to Options; Number of Shares

  • Number of Shares This Warrant shall be exercisable for the Initial Shares, plus the Additional Shares, if any (collectively, and as may be adjusted from time to time pursuant to the provisions of this Warrant, the “Shares”).

  • Number of Shares; Exercise Price This certifies that, for value received, the United States Department of the Treasury or its permitted assigns (the “Warrantholder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, to acquire from the Company, in whole or in part, after the receipt of all applicable Regulatory Approvals, if any, up to an aggregate of the number of fully paid and nonassessable shares of Preferred Stock set forth in Item 7 of Schedule A hereto (the “Shares”), at a purchase price per share of Preferred Stock equal to the Exercise Price.

  • Maximum Number of Shares Under no circumstances shall the Company cause or request the offer or sale of any Shares if, after giving effect to the sale of such Shares, the aggregate amount of Shares sold pursuant to this Agreement would exceed the lesser of (A) together with all sales of Shares under this Agreement, the Maximum Amount, (B) the amount available for offer and sale under the currently effective Registration Statement and (C) the amount authorized from time to time to be issued and sold under this Agreement by the Board, a duly authorized committee thereof or a duly authorized executive committee, and notified to the Manager in writing. Under no circumstances shall the Company cause or request the offer or sale of any Shares pursuant to this Agreement at a price lower than the minimum price authorized from time to time by the Board, a duly authorized committee thereof or a duly authorized executive officer, and notified to the Manager in writing. Further, under no circumstances shall the Company cause or permit the aggregate offering amount of Shares sold pursuant to this Agreement to exceed the Maximum Amount.

  • NUMBER OF SHARES AND EXERCISE PRICE The number of shares of Common Stock subject to your option and your exercise price per share referenced in your Grant Notice may be adjusted from time to time for Capitalization Adjustments.

  • Adjustment of Exercise Price, Number of Shares of Common Stock or Number of the Company Warrants The Exercise Price, the number of shares covered by each Warrant and the number of Warrants outstanding are subject to adjustment from time to time as provided in Section 3 of the Warrant Certificate. In the event that at any time, as a result of an adjustment made pursuant to Section 3 of the Warrant Certificate, the Holder of any Warrant thereafter exercised shall become entitled to receive any shares of capital stock of the Company other than shares of Common Stock, thereafter the number of such other shares so receivable upon exercise of any Warrant shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the shares contained in Section 3 of the Warrant Certificate and the provisions of Sections 7, 11 and 12 of this Agreement with respect to the shares of Common Stock shall apply on like terms to any such other shares. All Warrants originally issued by the Company subsequent to any adjustment made to the Exercise Price pursuant to the Warrant Certificate shall evidence the right to purchase, at the adjusted Exercise Price, the number of shares of Common Stock purchasable from time to time hereunder upon exercise of the Warrants, all subject to further adjustment as provided herein.

  • Adjustment of Exercise Price and Number of Shares The number of and kind of securities purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

  • Adjustment of Number of Shares Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

  • Adjustment in Number of Shares Upon each adjustment of the Exercise Price pursuant to the provisions of this Paragraph 4, the number of shares of Common Stock issuable upon exercise of this Warrant shall be adjusted by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable upon exercise of this Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

  • Certification of Adjusted Exercise Price or Number of Shares of Common Stock Whenever the Exercise Price or the number of shares of Common Stock issuable upon the exercise of each Warrant is adjusted as provided in Section 11 or 13, the Company shall (a) promptly prepare a certificate setting forth the Exercise Price of each Warrant as so adjusted, and a brief statement of the facts accounting for such adjustment, (b) promptly file with the Warrant Agent and with each transfer agent for the Common Stock a copy of such certificate and (c) instruct the Warrant Agent to send a brief summary thereof to each Holder of a Warrant Certificate.

  • Purchase Price; Number of Shares The registered holder of this Warrant (the “Holder”), commencing on the date hereof, is entitled upon surrender of this Warrant with the subscription form annexed hereto duly executed, at the principal office of the Company, to purchase from the Company, at a price per share of $3.89 (the “Purchase Price”), 51,414 fully paid and nonassessable shares of the Company’s Series A-1 Preferred Stock, $0.0001 par value (the “Preferred Stock”). Until such time as this Warrant is exercised in full or expires, the Purchase Price and the securities issuable upon exercise of this Warrant are subject to adjustment as hereinafter provided. The person or persons in whose name or names any certificate representing shares of Preferred Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closed.

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