Common use of The Option Clause in Contracts

The Option. (a) Issuer hereby grants to Grantee an unconditional, irrevocable option (the "Option") to purchase, subject to the terms hereof, up to 13,266,587 fully paid and nonassessable shares of common stock, having a par value of one dollar per share ("Common Stock"), of Issuer at a price per share in cash equal to $65.00 (the "Option Price"); provided, however, that in no event shall the number of shares for which the Option is exercisable exceed 19.9% of the shares of Common Stock issued and out standing at the time of exercise (without giving effect to the shares of Common Stock issued or issuable under the Option) (the "Maximum Applicable Percentage"). The number of shares of Common Stock purchasable upon exercise of the Option and the Option Price are subject to adjustment as set forth herein.

The Option. (a) Issuer hereby grants to tp Grantee an unconditional, irrevocable option (the "Option") to purchase, subject to the terms hereof, up to 13,266,587 676,961 fully paid and nonassessable shares of common stock, having a par value of one dollar $0.50 per share ("Common Stock"), of Issuer at a price per share in cash equal to $65.00 17.00 (the "Option Price"); provided, however, that in no event shall the number of shares for which the Option is exercisable exceed 19.9% of the shares of Common Stock issued and out standing outstanding at the time of exercise (without giving effect to the shares of Common Stock issued or issuable under the Option) (the "Maximum Applicable Percentage"). The number of shares of Common Stock purchasable upon exercise of the Option and the Option Price are subject to adjustment as set forth herein.

The Option. (a) Issuer hereby grants to Grantee an ---------- unconditional, irrevocable option (the "Option") to purchase, subject to the ------ terms hereof, up to 13,266,587 3,415,249 fully paid and nonassessable shares of Issuer's common stock, having a par value of one dollar $0.0001 per share (the "Common Stock"), of Issuer at a price of ------------ $73.50 per share in cash equal to $65.00 (such price, as adjusted if applicable, the "Option Price"); provided, however, ------------ provided that in no event shall the number of shares of Common Stock for which the -------- this Option is exercisable exceed 19.9% of the issued and outstanding shares of Common Stock issued and out standing at the time of exercise (without giving effect to the any shares of Common Stock subject or issued or issuable under pursuant to the Option) (the "Maximum Applicable Percentage"). The number of shares of Common Stock purchasable that may be received upon the exercise of the Option and the Option Price are subject to adjustment as herein set forth hereinforth.

The Option. (a) Issuer hereby grants to Grantee an unconditional, irrevocable option (the "Option") to purchase, subject to the terms hereof, up to 13,266,587 4,000,000 fully paid and nonassessable shares of common stock, having a par value of one dollar .01 per share ("Common Stock"), of Issuer at a price per share in cash equal to $65.00 40.00 (the "Option Price"); provided, however, that in no event shall the number of shares for which the Option is exercisable exceed 19.9% of the shares of Common Stock issued and out standing outstanding at the time of exercise (without giving effect to the shares of Common Stock issued or issuable under the Option) (the "Maximum Applicable Percentage"). The number of shares of Common Stock purchasable upon exercise of the Option and the Option Price are subject to adjustment as set forth hereinin this Agreement.

The Option. (a) Issuer hereby grants to Grantee an unconditional, irrevocable option (the "Option") to purchase, subject to the terms hereofand conditions of this Agreement, up to 13,266,587 12,203,694 fully paid and nonassessable shares of common stock, having a $1.00 par value of one dollar per share ("Common Stock"), of Issuer at a price per share in cash equal to $65.00 34.06 (the "Option Price"); provided, however, that in no event shall the number of shares for which the Option is exercisable exceed 19.9% of the shares of Common Stock issued and out standing outstanding at the time of exercise (without giving effect to the shares of Common Stock issued or issuable under the Option) (the "Maximum Applicable Percentage"). The number of shares of Common Stock purchasable upon exercise of the Option and the Option Price are subject to adjustment as set forth hereinin this Agreement.

The Option. (a) Issuer hereby grants to Grantee an unconditional, irrevocable option (the "Option") to purchase, subject to the terms hereof, up to 13,266,587 64,861,617 fully paid and nonassessable shares ("Option Shares") of common stock, having a par value $2.50 per share, of one dollar per share Issuer ("Common Stock"), of Issuer ) at a price per share in cash equal to $65.00 82.82 (subject to adjustment in accordance with this Agreement, the "Option Price"); provided, however, that in no event shall the number of shares for which the Option is exercisable Shares exceed 19.9% of the shares of Common Stock issued and out standing outstanding at the time of exercise (without giving effect to the shares of Common Stock Option Shares issued or issuable under the Option) (the "Maximum Applicable Percentage"). The number of shares of Common Stock purchasable upon exercise of the Option and the Option Price are subject to adjustment as set forth herein.Applicable

The Option. (a) Issuer hereby grants to Grantee an unconditional, irrevocable option (the "Option") to purchase, subject to the terms hereof, up to 13,266,587 189,783,270 fully paid and nonassessable shares ("Option Shares") of common stock, having a without par value of one dollar per share ("Common Stock"), of Issuer at a price per share in cash equal to $65.00 41.00 (subject to adjustment in accordance with this Agreement, the "Option Price"); provided, however, that in no event shall the number of shares for which the Option is exercisable Shares exceed 19.9% of the shares of Common Stock issued and out standing outstanding at the time of exercise (without giving effect to the shares of Common Stock Option Shares issued or issuable under the Option) (the "Maximum Applicable Percentage"). The number of shares of Common Stock Option Shares purchasable upon exercise of the Option and the Option Price are subject to adjustment as set forth herein.

The Option. (a) Issuer hereby grants to Grantee an unconditional, irrevocable option (the "Option") to purchase, subject to the terms hereof, up to 13,266,587 64,861,617 fully paid and nonassessable shares ("Option Shares") of common stock, having a par value $2.50 per share, of one dollar per share Issuer ("Common Stock"), of Issuer ) at a price per share in cash equal to $65.00 82.82 (subject to adjustment in accordance with this Agreement, the "Option Price"); provided, however, that in no event shall the number of shares for which the Option is exercisable Shares exceed 19.9% of the shares of Common Stock issued and out standing outstanding at the time of exercise (without giving effect to the shares of Common Stock Option Shares issued or issuable under the Option) (the "Maximum Applicable Percentage"). The number of shares of Common Stock Option Shares purchasable upon exercise of the Option and the Option Price are subject to adjustment as set forth herein.

The Option. (a) Issuer hereby grants to Grantee an unconditional, irrevocable option (the "Option") to purchase, subject to the terms hereof, up to 13,266,587 an aggregate of 33,232,634 fully paid and nonassessable shares of the common stock, having a $0.01 par value per share, of one dollar per share Issuer ("Common Stock"), of Issuer ) at a price per share in cash equal to $65.00 33.29 (such price, as adjusted if applicable, the "Option Price"); provided, however, that in no event shall the number of shares for which the this Option is exercisable exceed 19.914.9% of the issued and outstanding shares of Common Stock issued and out standing at the time of exercise (without giving effect to the shares of Common Stock issued or issuable under the Option) (the "Maximum Applicable Percentage"). The number of shares of Common Stock purchasable that may be received upon the exercise of the Option and the Option Price are subject to adjustment as herein set forth hereinforth.

The Option. (a) Issuer hereby grants to Grantee an unconditional, irrevocable option (the "Option") to purchase, subject to the terms hereofof this Agreement, up to 13,266,587 26,502,964 fully paid and nonassessable shares of common stock, having a $1.00 par value of one dollar per share ("Common Stock"), of Issuer at a price per share in cash equal to $65.00 48.8125 (the "Option Price"); provided, however, that in no event shall the number of shares for which the Option is exercisable exceed 19.9% of the shares of Common Stock issued and out standing outstanding at the time of exercise (without giving effect to the shares of Common Stock issued or issuable under the Option) (the "Maximum Applicable Percentage"). The number of shares of Common Stock purchasable upon exercise of the Option and the Option Price are subject to adjustment as set forth hereinin this Agreement.