Stock Options Granted Clause Samples
The 'Stock Options Granted' clause defines the terms under which an individual is awarded the right to purchase company stock at a predetermined price. Typically, this clause outlines the number of options granted, the exercise price, and the vesting schedule, which dictates when the recipient can exercise their options. By clearly specifying these details, the clause ensures both parties understand the scope and conditions of the stock options, thereby preventing misunderstandings and aligning incentives between the company and the recipient.
Stock Options Granted. Number of Shares Subject to Option _______________ Date of Grant _______________ Vesting Commencement Date January 1, 1999 Exercise Price Per Share $1.00 Expiration Date January 1, 2009
Stock Options Granted. Subject to the limitations set forth herein and in the Plan, Optionee may purchase all or any part of an aggregate of _________ shares of Common Stock of the Company (the "Shares") at an exercise price of $_______ per share, payable in cash or in Common Stock of the Company as set forth in the Plan. Such Options are intended to be _ Incentive Stock Options or /_/ Nonqualified Stock Options as defined in the Plan.
Stock Options Granted. Number of Shares Subject to Option 50,000 Date of Grant May 17, 2002 Vesting Commencement Date May 17, 2002 Exercise Price Per Shares $1.15 Expiration Date May 17, 2012
Stock Options Granted. Subject to the limitations set forth herein and in the Plan, Director may purchase all or any part of an aggregate of "Shares_Granted" shares of Common Stock of the Company (the "Shares") at an exercise price of $______per share, payable in cash or in Common Stock of the Company as set forth in the Plan. Such Options are intended to be _ Incentive Stock Options or /_/ Nonqualified Stock Options as defined in the Plan.
Stock Options Granted. As of the Effective Date, the Company has granted Employee Stock Options to acquire 50,000 shares of Company common stock at a strike price of [just higher than 12/29 closing bid] vesting an equal amount each month during the Period of Employment and otherwise subject to this Paragraph 7.
Stock Options Granted. No. of Shares Subject to Option 700,000 ----------------------------------------- Date of Grant March 8, 1996 ----------------------------------------------------------- Vesting Commencement Date February 1, 1996 ----------------------------------------------- Exercise Price Per Share $0.01 ------------------------------------------------ Expiration Date March 7, 2006 ---------------------------------------------------------