Common use of Shares Optioned and Option Price Clause in Contracts

Shares Optioned and Option Price. The Grantee shall have an option to purchase _________ shares of the Company's Common Stock, $ par value (the "Shares"), at an exercise price of $_______ for each share (the "Option"), subject to the terms and conditions of this Award Agreement and of the Plan, the provisions of which are incorporated herein by this reference. The Option is not, nor is it intended to be, an Incentive Stock Option as described in section 422 of the Internal Revenue Code of 1986.

Shares Optioned and Option Price. The Grantee shall have an option to purchase __________ shares of the Company's Common Stock, $ $0.01 par value (the "Shares"), at an exercise price of $___________ for each share (the "Option"), subject to the terms and conditions of this Award Agreement and of the Plan, the provisions of which are incorporated herein by this reference. The Option is not, nor is it intended to be, an Incentive Stock Option as described in section 422 of the Internal Revenue Code of 1986.

Shares Optioned and Option Price. The Grantee shall have an option to purchase _________ shares of the Company's Common Stock, $ $0.01 par value (the "Shares"), at an exercise price of $_______ for each share (the "Option"), subject to the terms and conditions of this Award Agreement and of the Plan, the provisions of which are incorporated herein by this reference. The Option is not, nor is it intended to be, an Incentive Stock Option as described in section 422 of the Internal Revenue Code of 1986.