Common use of Terms and Conditions of Options Clause in Contracts

Terms and Conditions of Options. Options shall be evidenced by Option Agreements specifying the number of shares of Stock covered thereby, in such form as the Board shall from time to time establish. No Option or purported Option shall be a valid and binding obligation of the Company unless evidenced by a fully executed Option Agreement. Option Agreements may incorporate all or any of the terms of the Plan by reference and shall comply with and be subject to the following terms and conditions:

Terms and Conditions of Options. Options shall be evidenced by Option Agreements specifying the number of shares of Stock covered thereby, in such form as the Board shall from time to time establish. No Option or purported Option shall be a valid and binding obligation of the Company unless evidenced by a fully executed Option Agreement. Option Agreements may incorporate all or any of the terms of the Plan by reference and shall comply with and be subject to the following terms and conditions:

Terms and Conditions of Options. Options shall be evidenced by Option Agreements specifying the number of shares of Stock covered thereby, in such form as the Board shall from time to time establishestablish shall evidence Options. No Option or purported Option shall be a valid and binding obligation of the Company unless evidenced by a fully executed Option Agreement. Option Agreements may incorporate all or any of the terms of the Plan by reference and shall comply with and be subject to the following terms and conditions:

Terms and Conditions of Options. Options Except as may be otherwise provided in any agreement containing stock option provisions which is specifically approved by the Board, options granted pursuant to the Plan shall be evidenced by Option Agreements specifying the number of shares of Stock covered thereby, stock option agreements in such form form, not inconsistent with the Plan, as the Board shall from time to time establishapprove. No Option Each option agreement shall designate whether the option is granted as an "incentive stock option" or purported Option as a "non-incentive stock option". Such stock option agreements shall be a valid and binding obligation contain the substance of the Company unless evidenced by a fully executed Option Agreement. Option Agreements may incorporate all or any of the terms of the Plan by reference and shall comply with and be subject to the following terms and conditions: