Common use of Terms of Option Grant Clause in Contracts

Terms of Option Grant. (a) The Option entitles the Optionee to purchase 77 shares of the Company's Class A Common Stock at a price equal to $0.0475 per share (the "Class A Option Exercise Price"), which the parties acknowledge is not less than the fair market value of one share of the Class A Common Stock as of the Effective Date. The Option also entitles the Optionee to purchase 1,556 shares of the Company's Class B Common Stock at a price equal to $100.00 per share (the "Class B Option Exercise Price" and, collectively with the Class A Option Exercise Price, the "Option Exercise Price"), which the parties acknowledge is not less than the fair market value of one share of the Class B Common Stock as of the Effective Date. The shares of Class A Common Stock and Class B Common Stock subject to the Option are referred to herein as the "Option Shares." It is intended that the Option shall not constitute an "incentive stock option" within the meaning of Section 422 of the Code.

Terms of Option Grant. (a) The Option entitles the Optionee to purchase 77 171 shares of the Company's Class A Common Stock at a price equal to $0.0475 per share (the "Class A Option Exercise Price"), which the parties acknowledge is not less than the fair market value of one share of the Class A Common Stock as of the Effective Date. The Option also entitles the Optionee to purchase 1,556 3,459 shares of the Company's Class B Common Stock at a price equal to $100.00 per share (the "Class B Option Exercise Price" and, collectively with the Class A Option Exercise Price, the "Option Exercise Price"), which the parties acknowledge is not less than the fair market value of one share of the Class B Common Stock as of the Effective Date. The shares of Class A Common Stock and Class B Common Stock subject to the Option are referred to herein as the "Option Shares." It is intended that the Option shall not constitute an "incentive stock option" within the meaning of Section 422 of the Code.

Terms of Option Grant. (a) The Option entitles the Optionee to purchase 77 205 shares of the Company's Class A Common Stock at a price equal to $0.0475 per share (the "Class A Option Exercise Price"), which the parties acknowledge is not less than the fair market value of one share of the Class A Common Stock as of the Effective Date. The Option also entitles the Optionee to purchase 1,556 4,153 shares of the Company's Class B Common Stock at a price equal to $100.00 per share (the "Class B Option Exercise Price" and, collectively with the Class A Option Exercise Price, the "Option Exercise Price"), which the parties acknowledge is not less than the fair market value of one share of the Class B Common Stock as of the Effective Date. The shares of Class A Common Stock and Class B Common Stock subject to the Option are referred to herein as the "Option Shares." It is intended that the Option shall not constitute an "incentive stock option" within the meaning of Section 422 of the Code.