Common use of Exercise Price of Initial Options Clause in Contracts

Exercise Price of Initial Options. The exercise price of the Initial Options covering 744,853 shares of the Company's common stock shall be $8.68 per share ("Full Price Options"). The exercise price of the remaining Initial Options covering 1,489,706 shares of the Company's common stock shall be $4.34 per share ("Discounted Options").

Appears in 2 contracts

Sources: Employment Agreement (Questrom Allen), Employment Agreement (Barneys New York Inc)