Common use of Grant of Nonqualified Stock Option Clause in Contracts

Grant of Nonqualified Stock Option. The Company hereby grants to the Eligible Participant a nonqualified stock option (the “Nonqualified Stock Option”) to purchase shares of Common Stock (the “Shares” ) at the purchase price of $ per share in the manner and subject to the terms and conditions contained herein and in the Plan.

Appears in 2 contracts

Sources: Nonqualified Stock Option Award Agreement (Pharmaceutical Product Development Inc), Nonqualified Stock Option Award Agreement (Pharmaceutical Product Development Inc)

Grant of Nonqualified Stock Option. The Pursuant to the Plan, the Company hereby grants to the Eligible Participant a nonqualified stock Employee the option (the “Nonqualified Stock Option”) to purchase the number of shares of Common Stock (the “Shares” ) at the purchase price of $ per share in the manner and subject to Company’s common stock on the terms and conditions contained herein set forth (the “Option”). This Option is a Nonqualified Stock Option, and in the Planis not an Incentive Stock Option.

Appears in 2 contracts

Sources: Stock Option Agreement (Mercantile Bank Corp), Stock Option Agreement (Firstbank Corp)

Grant of Nonqualified Stock Option. The Company hereby grants to the Eligible Participant a nonqualified stock option (the “Nonqualified Stock "Option") to purchase 567,083 shares of Common Stock (the "Shares” ) "), at the purchase price of $ per share Share Purchase Price (as defined in Section 6 below), in the manner and subject to the terms and conditions contained herein and in the Planhereinafter provided.

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (Park N View Inc)

Grant of Nonqualified Stock Option. The Company hereby grants granted to the Eligible Participant a nonqualified stock option (the “Nonqualified Stock "Option") to purchase 25,000 shares of Common Stock (the "Shares") at the purchase price of $ $5.00 per share in the manner and subject to the terms and conditions contained herein and in the Planhereinafter provided.

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (PNV Net Inc)

Grant of Nonqualified Stock Option. The Company hereby grants to the Eligible Participant Optionee a nonqualified stock option (the “Nonqualified Stock "Option") to purchase 10,000 shares of Common Stock (the "Shares") at the purchase price of $ $6.3125 per share in the manner and subject to the terms and conditions contained herein and in the Planhereinafter provided.

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (Speizman Industries Inc)

Grant of Nonqualified Stock Option. The Company hereby grants granted to the Eligible Participant a nonqualified stock option (the “Nonqualified Stock "Option") to purchase 80,000 shares of Common Stock (the "Shares") at the purchase price of $ $5.00 per share in the manner and subject to the terms and conditions contained herein and in the Planhereinafter provided.

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (PNV Net Inc)