Common use of Grant of Option Award Clause in Contracts

Grant of Option Award. BancTec, Inc. (the “Company”) hereby grants to the undersigned (the “Optionee”), on , 2008, an option to purchase the shares of common stock of the Company, par value $0.01 per share, in the amount set forth on the signature page hereto (the “Option”) pursuant to the terms and conditions set forth in this agreement (the “Agreement”) and the BancTec, Inc. 2008 Amended and Restated Equity Incentive Plan (the “Plan”). The Option is a nonqualified stock option. Capitalized terms not defined herein shall have the same meaning as in the Plan.

Appears in 2 contracts

Sources: Option Award Agreement (Banctec Inc), Option Award Agreement (Banctec Inc)

Grant of Option Award. BancTec, Inc. (the “Company”) hereby grants to the undersigned (the “Optionee”), on , 200820 , an option to purchase the shares of common stock of the Company, par value $0.01 per share, in the amount set forth on the signature page hereto (the “Option”) pursuant to the terms and conditions set forth in this agreement (the “Agreement”) and the BancTec, Inc. 2008 Amended and Restated 2009 Equity Incentive Plan (the “Plan”). The Option is a nonqualified stock option. Capitalized terms not defined herein shall have the same meaning as in the Plan.

Appears in 1 contract

Sources: Option Award Agreement (Banctec Inc)