Common use of Confirmation of Grant Option Price Clause in Contracts

Confirmation of Grant Option Price. Effective as of the date hereof, the Company hereby evidences and confirms its award to the Grantee of Options to purchase Shares in the Company, the number of which is set forth on the signature page hereof, at an option price of [ ] per share (the “Option Price”). The Options are not intended to be incentive stock options under the U.S. Internal Revenue Code of 1986, as amended.

Confirmation of Grant Option Price. Effective as of the date hereof, the Company hereby evidences and confirms its award to the Grantee of Options to purchase Shares in the Company, the number of which is set forth on the signature page hereof, at an option price of [ ] $6.57 per share (the “Option Price”). The Options are not intended to be incentive stock options under the U.S. Internal Revenue Code of 1986, as amended.