Common use of Grant of the Option Clause in Contracts

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 6 contracts

Sources: Non Qualified Stock Option Agreement (IPC Systems Holdings Corp.), Non Qualified Stock Option Agreement (IPC Systems Holdings Corp.), Non Qualified Stock Option Agreement (IPC Systems Holdings Corp.)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of [# OF SHARES] Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $[PRICE] per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 6 contracts

Sources: Option Award Agreement (ProPhase Labs, Inc.), Option Award Agreement (ProPhase Labs, Inc.), Nonqualified Stock Option Award Agreement (Juniper Pharmaceuticals Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of [ ] Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ (the “Option Price”). The Option is intended to be a non-qualified nonqualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 4 contracts

Sources: Nonqualified Stock Option Award Agreement (STR Holdings, Inc.), Nonqualified Stock Option Award Agreement (STR Holdings (New) LLC), Nonqualified Stock Option Award Agreement (STR Holdings, Inc.)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of {Insert # of Options Granted} Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ (the “Option Price”)) shall be ${INSERT PRICE} per share, the closing price of AAM stock on the Date of Grant. The This one time Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 3 contracts

Sources: Non Qualified Stock Option Agreement (American Axle & Manufacturing Holdings Inc), Non Qualified Stock Option Agreement (American Axle & Manufacturing Holdings Inc), Non Qualified Stock Option Agreement (American Axle & Manufacturing Holdings Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of _______ Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $____ per Share (the “Option Price”). The Option is intended to be a non-qualified an incentive stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Sources: Options Award Agreement (ProPhase Labs, Inc.), Options Award Agreement (ProPhase Labs, Inc.)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,810,000 Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $8.00 per Share, which was determined by the Board as the Fair Market Value of the Shares as of the Grant Date (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Toys R Us Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of ______ Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $______ per Share (the "Option Price"). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Sources: Nonqualified Stock Option Agreement (VHS Acquisition Subsidiary Number 8 Inc), Nonqualified Stock Option Agreement (VHS Acquisition Subsidiary Number 8 Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 2,272.73 Option Shares, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $ (the “Option Price”)$626.99. The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Sources: Stock Option Award Agreement (Michael Foods Inc/New), Stock Option Award Agreement (Michael Foods Inc/New)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of __________ Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $_________ per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Sources: Option Award Agreement (ProPhase Labs, Inc.), Option Award Agreement (ProPhase Labs, Inc.)

Grant of the Option. The Company hereby grants to the Participant Optionee the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 500,000 shares of common stock of the Company, par value $0.0005 per share (the “Shares”), subject to adjustment as set forth in the PlanSection 4 below. The purchase price of the Shares subject to the Option shall be $ $6.00 per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”).

Appears in 2 contracts

Sources: Inducement Option Award Agreement (ProPhase Labs, Inc.), Inducement Option Award Agreement (ProPhase Labs, Inc.)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 772.73 Option Shares, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $ (the “Option Price”)$626.99. The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Sources: Stock Option Award Agreement (Michael Foods Inc/New), Stock Option Award Agreement (Michael Foods Inc/New)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of _____ Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $_______ per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Sources: Option Award Agreement (ProPhase Labs, Inc.), Option Award Agreement (ProPhase Labs, Inc.)

Grant of the Option. The Company hereby grants to the Participant Optionee the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 500,000 shares of common stock of the Company, par value $0.0005 per share (the “Shares”), subject to adjustment as set forth in the PlanSection 4 below. The purchase price of the Shares subject to the Option shall be $ $0.60 per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”).

Appears in 2 contracts

Sources: Inducement Option Award Agreement (ProPhase Labs, Inc.), Inducement Option Award Agreement (ProPhase Labs, Inc.)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of Sharesthe number of Shares set forth on the signature page hereto, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ the Option Price set forth on the signature page hereto (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (LG&E & KU Energy LLC)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $____ per Share (the “Option Exercise Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Opnext Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Graham Packaging Co Inc.)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of Sharesthe number of Shares set forth on Exhibit A hereto, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ the Option Price set forth on Exhibit A (the “Option Price”). The Option is intended to be a non-qualified nonqualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (PPL Energy Supply LLC)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of ______ Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $___ per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Toys R Us Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of _____ Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ _____ per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (Genesis Lease LTD)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of Shares[NUMBER] shares of Common Stock, subject to adjustment as set forth in the Plan. The per share purchase price of the Shares shares of Common Stock subject to the Option shall be $ (the “Option Exercise Price”)) shall be $[PRICE]. The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Time Option Agreement (St John Knits International Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of ____ Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $______ per Share (the "Option Price"). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (VHS Acquisition Subsidiary Number 8 Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of _______ Option Shares, subject to adjustment as set forth in the Plan. The per share purchase price of the Option Shares subject to the Option (the "Exercise Price") shall be $ (the “Option Price”)$_______. The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Stock Option Award Agreement (Michael Foods Inc/New)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 450,000 Shares (the “Shares”), subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $5.00 per Share (the “Option Exercise Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Opnext Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forthherein, all or any part of an aggregate of {Insert # of Options Granted} Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option (the "Option Price") shall be $ ({PRICE} per share, the “Option Price”)closing price of AAM stock on the Date of Grant. The This Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (American Axle & Manufacturing Holdings Inc)

Grant of the Option. The Company hereby grants has granted to the Participant the right and option (the “Option”) to purchase, purchase on the terms and conditions hereinafter set forth, all or any part of an aggregate of Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ per Share (the “Option Exercise Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Opnext Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of {Insert # of Options Granted} Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ (the “Option Price”)) shall be ${Insert Price} per share, the closing price of AAM stock on the Date of Grant. The This one time Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (American Axle & Manufacturing Holdings Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of [INSERT SHARES] Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $[ ] per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (NewPage Group Inc.)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 375,000 Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ equal to $[_____] per Share (the “Option Exercise Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Opnext Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of ________ Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $_______ per Share, which was determined by the Board as the Fair Market Value of the Shares as of the Grant Date (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Toys R Us Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of ______ Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $60.00 per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Toys R Us Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of [ • ] Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $[ • ] per Share (the “Option Price”). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Vanguard Health Systems Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of __________ Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ $6.00 per Share (the “Option "Exercise Price"). The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Contifinancial Corp)

Grant of the Option. The Company hereby grants to the Participant the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forthherein, all or any part of an aggregate of Shares{NO.}Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option (the "Exercise Price") shall be $ (the “Option Price”){PRICE} per share. The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (American Axle & Manufacturing Holdings Inc)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forthherein, all or any part of an aggregate of {INSERT # OF OPTIONS GRANTED} Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $ (the “Option Price”)) shall be {PRICE} per share, the closing price of AAM stock on the Date of Grant. The This Option is intended to be a non-qualified nonqualified stock option, and is not intended to be treated as an option that complies with for purposes of Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (American Axle & Manufacturing Holdings Inc)