Ten Percent Stockholder. In the case of an Incentive Stock Option granted to a Ten Percent Stockholder, (i) the Option Price shall not be less than one hundred ten percent (110%) of the Fair Market Value of the shares of Common Stock on the date of grant of such Incentive Stock Option, and (ii) the exercise period shall not exceed five (5) years from the date of grant of such Incentive Stock Option.
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Samples: Stock Option and Incentive Plan (Forward Air Corp), Stock Option and Incentive Plan (Forward Air Corp)
Ten Percent Stockholder. In the case of an Incentive Stock Option granted to a Ten Percent Stockholder, (i) the Option Exercise Price shall not be less than one hundred and ten percent (110%) of the Fair Market Value of the shares of Common Stock on the date of grant of such Incentive Stock Option, and (ii) the exercise period Exercise Period shall not exceed five (5) years from the date of grant of such Incentive Stock Option.
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Ten Percent Stockholder. In the case of an Incentive Stock Option granted to a Ten Percent Stockholder, (i) the Option Price shall not be less than one hundred one-hundred-ten percent (110%) of the Fair Market Value of the shares a share of Common Stock on the date of grant of such Incentive Stock Option, and (ii) the exercise period Option Term shall not exceed five (5) years from the date of grant of such Incentive Stock Option.
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Samples: Incentive Stock Option Agreement (Furrs Bishops Inc)