Common use of Shares; Price Clause in Contracts

Shares; Price. 3.1 The Company hereby grants to Optionee the non-transferable right to purchase, upon and subject to the terms and conditions herein stated, the number of Common Shares 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, in its sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the “Exercise Price”).

Appears in 5 contracts

Samples: Nonstatutory Stock Option Agreement (MANAS PETROLEUM Corp), Nonstatutory Stock Option Agreement (MANAS PETROLEUM Corp), Nonstatutory Stock Option Agreement (MANAS PETROLEUM Corp)

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Shares; Price. 3.1 The Company hereby grants to Optionee the non-transferable right to purchase, upon and subject to the terms and conditions herein stated, the number of Common Shares 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, in its sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the “Exercise Price”).

Appears in 3 contracts

Samples: Stock Option Agreement (MANAS PETROLEUM Corp), Stock Option Agreement (MANAS PETROLEUM Corp), Nonstatutory Stock Option Agreement (MANAS PETROLEUM Corp)

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Shares; Price. 3.1 The Company hereby grants to Optionee the non-transferable right to purchase, upon and subject to the terms and conditions herein stated, the number of Common Shares 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, in its their sole and absolute discretion) at the price per Share set forth in Section 1(d) above (the "Exercise Price").

Appears in 1 contract

Samples: Consultant Nonstatutory Stock Option Agreement (Argentex Mining Corp)

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