Shares; Price. The Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, 300,000,000 Shares for cash (or other consideration acceptable to the Board of Directors of the Company, in their sole and absolute discretion) at the price of $0.005082 per Share, such price being not less than the fair market value per share of the Shares covered by these Options as of the date hereof and as determined by the Board of Directors of the Company.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Material Technologies Inc /Ca/), Incentive Stock Option Agreement (MATECH Corp.)
Shares; Price. The Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, 300,000,000 Shares for cash (or other consideration acceptable to the Board of Directors of the Company, in their sole and absolute discretion) at the price of $0.005082 $ per Share, such price being not less than the fair market value per share of the Shares covered by these Options as of the date hereof and as determined by the Board of Directors of the Company.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (China Hospitals Inc)
Shares; Price. The Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, 300,000,000 30,000,000 Shares for cash (or other consideration acceptable to the Board of Directors of the Company, in their sole and absolute discretion) at the price of $0.005082 0.011 per Share, such price being not less than the fair market value per share of the Shares covered by these Options as of the date hereof and as determined by the Board of Directors of the Company. 2.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Material Technologies Inc /Ca/)
Shares; Price. The Company hereby grants to Optionee the right to purchase, upon and subject to the terms and conditions herein stated, 300,000,000 70,000,000 Shares for cash (or other consideration acceptable to the Board of Directors of the Company, in their sole and absolute discretion) at the price of $0.005082 0.0077 per Share, such price being not less than the fair market value per share of the Shares covered by these Options as of the date hereof and as determined by the Board of Directors of the Company. 2.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Material Technologies Inc /Ca/)
