Common use of Value of the Option Clause in Contracts

Value of the Option. The Option shall entitle the Awardee, after the Option has vested, to purchase Common Shares at the exercise price set forth on the attached Notice of Grant (the “Exercise Price”) upon exercise of the Option pursuant to Section 5. No dividend equivalents are paid with respect to any Option.

Appears in 6 contracts

Samples: Stock Option Agreement (CommerceHub, Inc.), Stock Option Agreement (CommerceHub, Inc.), Stock Option Agreement (CommerceHub, Inc.)

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Value of the Option. The Option shall entitle the Awardee, after the Option has vested, to purchase Common Shares at the exercise price set forth on the attached Notice of Grant (the “Exercise Price”) upon exercise of the Option pursuant to Section 56. No dividend equivalents are paid with respect to any Option.

Appears in 1 contract

Samples: Stock Option Agreement (CommerceHub, Inc.)

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