Common use of Stock Option Award Clause in Contracts

Stock Option Award. On May 14, 2009 (the “Grant Date”) the Company awarded the Executive the option to purchase shares of the Company’s Common Stock (the “Option”) at an exercise price equal to $ per share (the “Per Share Exercise Price”), which Option shall vest and become exercisable according to the terms and conditions of this Agreement. This Option is not intended to be an Incentive Stock Option.

Appears in 2 contracts

Samples: Stock Option Agreement (Host Hotels & Resorts L.P.), Stock Option Agreement (Host Hotels & Resorts, Inc.)

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Stock Option Award. On May 14February , 2009 (the “Grant Date”) the Company awarded the Executive the option to purchase shares of the Company’s Common Stock (the “Option”) at an exercise price equal to $ per share (the “Per Share Exercise Price”), which Option shall vest and become exercisable according to the terms and conditions of this Agreement. This Option is not intended to be an Incentive Stock Option.

Appears in 2 contracts

Samples: Stock Option Agreement (Host Hotels & Resorts L.P.), Stock Option Agreement (Host Hotels & Resorts, Inc.)

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