Confirmation of Grant of Option. Pursuant to a determination by the Board of Directors of the Company made as of July 19, 2002 (the "Date of Grant"), the Company hereby confirms that the Director has been granted effective July 16, 2002, as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation for services to be rendered by the Director, the right to purchase (the "Option") 5,922 shares of Common Stock, $.01 par value, of the Company (the "Shares"), subject to adjustment as provided in Section 7 hereof.
Confirmation of Grant of Option. Pursuant to a determination by the Committee, the Company, subject to the terms of the Plan and this Agreement, hereby grants to the Optionee as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation or fees for services, the right to purchase (the “Option”) an aggregate number of shares of Common Stock as is set forth in Section 3 of the Option Award, subject to adjustment as provided in the Plan (such shares, as adjusted, the “Shares”). The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).
Confirmation of Grant of Option. Pursuant to a determination by ------------------------------- the compensation committee of the Board of Directors of the Company (the "Committee"), on July 15, 1998, and pursuant to the Company's 1995 Stock Option and Incentive Award Plan (the "1995 Plan"), the Company, subject to the terms and conditions of this Agreement and the 1995 Plan, hereby confirms that the Employee has been granted, effective July 15, 1998 (the "Date of Grant"), as a separate inducement and Agreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase from the Company an aggregate of 20,000 shares of Common Stock (the "Options"). The Options shall vest as provided in Section 4 hereof and shall be subject to adjustment as provided in Section 6 hereof.
Confirmation of Grant of Option. Pursuant to a determination by the Committee, the Corporation, subject to the terms of the Plan and this Agreement, hereby grants to the Participant as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase (hereinafter referred to as the “Option”) an aggregate number of shares of Common Stock as is set forth in Section 3 of the attached ISO Award Agreement, subject to adjustment as provided in the Plan (such shares, as adjusted, hereinafter being referred to as the “Shares”). The Option is intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).
Confirmation of Grant of Option. In accordance with the Plan, the Compensation Committee of the Board of Directors of the Corporation hereby irrevocably grants to the Optionee on ________, ____ (the "Date of Grant") the right to purchase (hereinafter called the "Option") an aggregate of up to ________ shares of the Common Stock, subject to adjustment as provided in Section 8 hereof.
Confirmation of Grant of Option. Subject to the terms of the Plan and this Agreement, the Corporation hereby grants to the Participant the right to purchase (hereinafter referred to as the "OPTION") an aggregate of 38,475 shares of Class A Stock, subject to adjustment as provided in the Plan (such shares, as adjusted, hereinafter being referred to as the "SHARES"). The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended.
Confirmation of Grant of Option. In accordance with the Plan, the Compensation Committee of the Board of Directors of the Corporation hereby irrevocably grants to the Optionee on ________, ____ (the "Date of Grant") the right to purchase (hereinafter called the "Option") an aggregate of up to ________ shares of the Common Stock, subject to adjustment as provided in Section 8 hereof. The Option is intended to be an incentive stock option as such term is defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"). The Optionee represents that he or she does not own stock possessing more than 10% of the combined voting power of all classes of stock of the Corporation.
Confirmation of Grant of Option. Pursuant to a determination by the Committee, which is authorized to administer the Plan, made on September 15, 1999 (the "DATE OF GRANT"), the Corporation, subject to the terms of the Plan and this Agreement, hereby grants to the Participant as a matter of separate inducement and agreement, and in addition to and not in lieu of salary or other compensation for services, the right to purchase (hereinafter referred to as the "OPTION") an aggregate of 52,300 shares of Class A Stock, subject to adjustment as provided in the Plan and Section 9 of this Agreement (such shares, as adjusted, hereinafter being referred to as the "SHARES"). The Option not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended.
Confirmation of Grant of Option. Pursuant to a determination by ------------------------------- the Stock Option Committee of the Board of Directors of the Company (the "Board")effective as of the date first set forth above (the "Date of Grant"), ----- ------------- the Company hereby confirms that Optionee has been granted, subject to the terms of this Agreement and approval by the Company's stockholders at the next annual meeting of stockholders, the right (the "Option") to purchase 250,000 shares of ------ Common Stock of the Company ("Common Stock"). All of the shares hereunder are ------------ hereinafter referred to as "Shares". Said number of Shares subject to the ------ Option may be adjusted as provided in Section 9.
Confirmation of Grant of Option. Pursuant to a Financial Advisory Agreement dated February 12, 1996, between the Company and Paramount (the “Advisory Agreement”), the Company, subject to this Agreement, hereby grants to Xxxxx X. Xxxxxxxx as a matter of separate inducement and agreement, and in addition to and not in lieu of fees or other compensation for services, the right to purchase (hereinafter referred to as the “Option”) an aggregate of up to 150,000 Common Shares (such shares hereinafter being referred to as the “Shares”).
