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 400,000 Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $18.22 per Share (the “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 (the “Code”).

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Polo Ralph Lauren Corp)

Grant of the Option. The In consideration of the mutual covenants hereinafter set forth, the Company hereby grants to the Participant the right and option (the “Option”) Option to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 400,000 225,000 Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $18.22 __________ per Share (the “Exercise 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 (the “Code”)amended.

Appears in 1 contract

Sources: Inducement Nonqualified Stock Option Award Agreement (Juniper Pharmaceuticals 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, purchase all or any part of an aggregate of 400,000 [•] Shares (the “Option Shares”), subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option Price shall be $18.22 1,981.32 per Share (share, subject to adjustment as set forth in the “Exercise Price”)Plan. The Option is intended granted pursuant to be a non-qualified stock option, Section 5 of the Plan and is governed in all respects by the Plan and the terms and conditions set forth herein. This Option is not intended to be treated as constitute an incentive stock option that complies with under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Michael Foods 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 400,000 6,409.09 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 $18.22 per Share (the “Exercise 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 (the “Code”)amended.

Appears in 1 contract

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

Grant of the Option. The Subject to the terms and conditions of the Plan and the additional terms and conditions set forth in this Agreement, the Company hereby grants to the Participant the right and option (the “Option”) to purchase, on the terms and conditions hereinafter set forth, purchase all or any part of an aggregate of 400,000 <<NUMBER>> Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $18.22 <<PRICE>> per Share (the “Exercise 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 (the “Code”)amended.

Appears in 1 contract

Sources: Nonqualified Share Option Agreement (KKR Financial Holdings 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 400,000 Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $18.22 $ per Share (the “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 (the “Code”)amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Opnext Inc)

Grant of the Option. The Subject to the terms and conditions of the Plan and the additional terms and conditions set forth in this Agreement, 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 400,000 [ ] Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $18.22 [ ] per Share (the “Exercise 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 (the “Code”)amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Cypress Sharpridge Investments, Inc.)

Grant of the Option. The Subject to the terms and conditions of the Plan and the additional terms and conditions set forth in this Agreement, 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 400,000 Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $18.22 $ per Share (the “Exercise 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 (the “Code”)amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (KKR Financial Corp)

Grant of the Option. The Subject to the terms and conditions of the Plan and the additional terms and conditions set forth in this Agreement, 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 400,000 3,900,000 Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $18.22 10.00 per Share (the “Exercise 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 (the “Code”)amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (KKR KFC Investments 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 400,000 296,122 Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $18.22 3.28 per Share (the "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 (the “Code”)amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Pathnet Inc)

Grant of the Option. The Subject to the terms and conditions of the Plan and the additional terms and conditions set forth in this Agreement, 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 400,000 79,558 Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $18.22 10.00 per Share (the “Exercise 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 (the “Code”)amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (KKR KFC Investments 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 400,000 148,418 Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $18.22 10.64 per Share (the "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 (the “Code”)amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Pathnet 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 400,000 40,000 Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $18.22 5.375 per Share (the "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 (the “Code”)amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Special Metals Corp)

Grant of the Option. The Company hereby grants to the Participant the right and option (the “Option”) to purchaseacquire, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 400,000 Shares, subject to adjustment as set forth in the Plan. The purchase purchase/subscription price of the Shares subject to the Option shall be $18.22 $ per Share (the “Exercise 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 (the “Code”)amended.

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (AerCap Holdings N.V.)

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 400,000 250,000 Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be $18.22 $ per Share (the “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 (the “Code”)amended.

Appears in 1 contract

Sources: Employment Agreement (Opnext Inc)