Common use of Grant of Non-Qualified Stock Option Clause in Contracts

Grant of Non-Qualified Stock Option. Company hereby grants to the Executive the right and option to purchase from Company an aggregate of 180,000 shares of Common Stock (the “Options”), which Options are not intended to constitute an incentive stock option under Code §422.

Grant of Non-Qualified Stock Option. Company hereby grants to the Executive the right and option to purchase from Company an aggregate of 180,000 130,000 shares of Common Stock (the “Options”), which Options are not intended to constitute an incentive stock option under Code §422.