Common use of Terms of Option Grant Clause in Contracts

Terms of Option Grant. (a) The Option entitles Executive to purchase 90 shares of the Company's Class A Common Stock at a price equal to $20.06 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 Executive to purchase 9,000 shares of the Company's Class B Common Stock at a price equal to $20.06 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."

Appears in 1 contract

Samples: Management Stock Option and Restricted Stock Agreement (Harveys Casino Resorts)

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Terms of Option Grant. (a) The Option entitles Executive the Optionee to purchase 90 1,105 shares of the Company's Class A Common Stock at a price equal to $20.06 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 Executive the Optionee to purchase 9,000 22,368 shares of the Company's Class B Common Stock at a price equal to $20.06 100.00 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."

Appears in 1 contract

Samples: Ribis Stock Option Agreement (Colony Rih Acquisitions Inc)

Terms of Option Grant. (a) The Option entitles the Executive to purchase 90 18 shares of the Company's Class A Common Stock at a price equal to $20.06 33.109 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 Executive to purchase 9,000 1,800 shares of the Company's Class B Common Stock at a price equal to $20.06 33.109 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."

Appears in 1 contract

Samples: Management Stock Option and Restricted Stock Agreement (Harveys Casino Resorts)

Terms of Option Grant. (a) The Option entitles Executive the Execu- tive to purchase 90 240 shares of the Company's Class A Common Stock at a price equal to $20.06 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 Executive to purchase 9,000 24,000 shares of the Company's Class B Common Stock at a price equal to $20.06 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."

Appears in 1 contract

Samples: Stock Option and Restricted Stock Agreement (Harveys Casino Resorts)

Terms of Option Grant. (a) The Option entitles entities Executive to purchase 90 shares of the Company's Class A Common Stock at a price equal to $20.06 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 Executive to purchase 9,000 shares of the Company's Class B Common Stock at a price equal to $20.06 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."

Appears in 1 contract

Samples: Management Stock Option and Restricted Stock Agreement (Harveys Casino Resorts)

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Terms of Option Grant. (a) The Option entitles Executive the Execu- tive to purchase 90 280 shares of the Company's Class A Common Stock at a price equal to $20.06 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 Executive to purchase 9,000 28,000 shares of the Company's Class B Common Stock at a price equal to $20.06 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."

Appears in 1 contract

Samples: Stock Option and Restricted Stock Agreement (Harveys Casino Resorts)

Terms of Option Grant. (a) The Option entitles Executive the Execu tive to purchase 90 360 shares of the Company's Class A Common Stock at a price equal to $20.06 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 Executive to purchase 9,000 36,000 shares of the Company's Class B Common Stock at a price equal to $20.06 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."

Appears in 1 contract

Samples: Stock Option and Restricted Stock Agreement (Harveys Casino Resorts)

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