Common use of Term and Price Clause in Contracts

Term and Price. Subject as hereinafter provided, the Options may be -------------- exercised by the Director during the period December 30, 1996 to December 30, 2001 inclusive (the "Option Term"), at a price of $2.68 (U.S.) per share, or such other price as may be approved by the Vancouver Stock Exchange.

Appears in 4 contracts

Samples: Director Incentive Option Agreement (Portacom Wireless Inc/), Director Incentive Option Agreement (Portacom Wireless Inc/), Director Incentive Option Agreement (Portacom Wireless Inc/)

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