Common use of Shares; Price Clause in Contracts

Shares; Price. Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(c) above (the “Shares”) for cash (or other consideration as is authorized under the Plan and acceptable to the Board of Directors of the Company, in their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the “Exercise Price”), such price being not less than [e.g., 85%] of the fair market value per share of the Shares covered by this Option as of the date hereof.

Appears in 6 contracts

Samples: Nonstatutory Stock Option Agreement (Phytomedical Technologies Inc), Nonstatutory Stock Option Agreement (Phytomedical Technologies Inc), Nonstatutory Stock Option Agreement (Hepalife Technologies Inc)

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Shares; Price. The Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(c) above (the “Shares”) for cash (or other consideration as is authorized under the Plan and acceptable to the Board of Directors of the CompanyBoard, in their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the “Exercise Price”), such price being not less than [e.g., 85100%] of the fair market value per share of the Shares covered by this Option as of the date hereof.

Appears in 5 contracts

Samples: Nonstatutory Stock Option Agreement (International Energy, Inc.), Nonstatutory Stock Option Agreement (Octillion Corp), Nonstatutory Stock Option Agreement (New Energy Technologies, Inc.)

Shares; Price. Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(c) above (the "Shares") for cash (or other consideration as is authorized under the Plan and acceptable to the Board of Directors of the Company, in their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the "Exercise Price"), such price being not less than [e.g., eighty-five percent (85%] ) of the fair market value per share of the Shares covered by this Option as of the date hereof.

Appears in 5 contracts

Samples: Nonstatutory Stock Option Agreement (AMP Holding Inc.), Nonstatutory Stock Option Agreement (Medizone International Inc), Employee Nonstatutory Stock Option Agreement (Medizone International Inc)

Shares; Price. The Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(c) above (the “Shares”) for cash (or other consideration as is authorized under the Plan and acceptable to the Board of Directors of the CompanyBoard, in their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the “Exercise Price”), such price being not less than [e.g., 85%] of the fair market value per share of the Shares covered by this Option as of the date hereof.

Appears in 5 contracts

Samples: Nonstatutory Stock Option Agreement (International Energy, Inc.), Nonstatutory Stock Option Agreement (Hepalife Technologies Inc), Nonstatutory Stock Option Agreement (Hepalife Technologies Inc)

Shares; Price. The Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(c) above (the “Shares”) for cash (or other consideration as is authorized under the Plan and acceptable to the Board of Directors of the CompanyBoard, in their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the “Exercise Price”), such price being not less than [e.g., 85%] of the fair market value per share of the Shares covered by this Option as of the date hereof.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Sports Field Holdings, Inc.), Incentive Stock Option Agreement (Meridian Waste Solutions, Inc.), Incentive Stock Option Agreement (Akers Biosciences Inc)

Shares; Price. The Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(c) above (the "Shares") for cash (or other consideration as is authorized under the Plan and acceptable to the Board of Directors of the CompanyBoard, in their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the "Exercise Price"), such price being not less than [e.g., eighty-five 85%] % of the fair market value per share of the Shares covered by this Option as of the date hereof.

Appears in 2 contracts

Samples: Consultant Nonstatutory Stock Option Agreement (Medizone International Inc), Consultant Nonstatutory Stock Option Agreement (Medizone International Inc)

Shares; Price. Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(c) above (the “Shares”"SHARES") for cash (or other consideration as is authorized under the Plan and acceptable to the Board of Directors of the Company, in their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the “Exercise Price”"EXERCISE PRICE"), such price being not less than [e.g., eighty-five percent (85%] ) of the fair market value per share of the Shares covered by this Option as of the date hereof.

Appears in 2 contracts

Samples: Employee Nonstatutory Stock Option Agreement (Able Energy Inc), Nonstatutory Stock Option Agreement (Able Energy Inc)

Shares; Price. Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(c) above (the “Shares”) for cash (or other consideration as is authorized under the Plan and acceptable to the Board of Directors of the Company, in their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the “Exercise Price”), such price being not less than [e.g., 85%] of the fair market value per share closing price of the Shares covered by this Option as of on April 24, 2006, the date hereofthe Board of Directors authorized the grant of this Option.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Hepalife Technologies Inc), Nonstatutory Stock Option Agreement (Hepalife Technologies Inc)

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Shares; Price. Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(c) above (the "Shares") for cash (or other consideration as is authorized under the Plan and acceptable to the Board of Directors of the Company, in their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the "Exercise Price"), such price being not less than [e.g., eighty-five percent (85%] ) of the fair market value per share of the Shares covered by this Option as of the date hereofof grant of this option.

Appears in 1 contract

Samples: Employee Nonstatutory Stock Option Agreement (Tasker Capital Corp)

Shares; Price. Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(c) above (the “Shares”) for cash (or other consideration as is authorized under the Plan and acceptable to the Board of Directors of the Company, in their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the “Exercise Price”), such price being not less than [e.g., 85%] of the fair market value per share of the Shares covered by this Option as of the date hereof.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Ipsidy Inc.)

Shares; Price. Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(cl(c) above (the "Shares") for cash (or other consideration as is authorized under the Plan and acceptable to the Board of Directors of the Company, in their sole and absolute discretion) at the price per Share set forth in Section 1(dl(d) above (the "Exercise Price"), such price being not less than [e.g., eighty-five percent (85%] ) of the fair market value per share of the Shares covered by this Option as of the date hereofof grant of this option.

Appears in 1 contract

Samples: Employee Nonstatutory Stock Option Agreement (Tasker Capital Corp)

Shares; Price. The Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(c) above (the “Shares”"SHARES") for cash (or other consideration as is authorized under the Plan and acceptable to the Board of Directors of the CompanyBoard, in their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the “Exercise Price”"EXERCISE PRICE"), such price being not less than [e.g., eighty-five 85%] % of the fair market value per share of the Shares covered by this Option as of the date hereof.

Appears in 1 contract

Samples: Consultant Nonstatutory Stock Option Agreement (Able Energy Inc)

Shares; Price. Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, the number of shares of Stock set forth in Section 1(c) above (the “Shares”) for cash (or other consideration as is authorized under the Plan and acceptable to the Board of Directors of the Company, in their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the “Exercise Price”), such price being not less than [e.g., 85%] 100% of the fair market value per share of the Shares covered by this Option as of the date hereof.

Appears in 1 contract

Samples: Employee Nonstatutory Stock Option Agreement (General Cannabis Corp)

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