Grants of Options Sample Clauses

Grants of Options. (a) Employees, including Employee directors, Non-Employee Directors and consultants, shall be eligible to be selected by the Committee to receive Stock Option grants. (b) Subject to the provisions of the Plan, the Committee shall determine and designate the persons to whom grants will be made, the number of Stock Options to be granted and the terms and conditions of each grant.

Grants of Options. Subject to the terms and conditions contained herein and in the applicable Notice of Grant and Plan, the Company may, from time to time in its discretion, grant you Options to purchase shares of Common Stock.

Grants of Options. Every Non-Employee Director who serves on the Board during the term of the Plan is eligible to receive Grants. Each Non-Employee Director serving on the Board as of the effective date of this Plan shall be granted an Option on such date. Every Non-Employee Director who continues to serve in such capacity on the date which is the first business day following each Annual Meeting of Shareholders during the term of this Plan shall be granted an Option on each such date. Each Option shall be for the purchase by the Participant of 1,000 shares of Common Stock at a price per share equal to the Fair Market Value of a share of the Common Stock on the date of the Grant. Each Option shall be evidenced by an Agreement issued by the Committee in the form prescribed by the Committee and consistent with the terms of this Plan.

Grants of Options. Subject to regulatory approval if required, ▇▇▇▇▇ shall be granted the following options to purchase common shares of Lions Gate (the “2016 Options”): (i) a 2016 Option to purchase 950,000 common shares of Lions Gate at a per-share exercise price equal to the closing price of a Lions Gate common share on the grant date of the 2016 Option (the “Grant Date”), and (ii) a 2016 Option to purchase 950,000 common shares of Lions Gate at a per-share exercise price equal to (x) 125% multiplied by (y) the closing price of a Lions Gate common share on the Grant Date. Each 2016 Option shall be evidenced by and subject to the terms of an option agreement in the form generally then used by Lions Gate to evidence grants of stock options under Lions Gate’s stock incentive plan.

Grants of Options. Subject to the express provisions of the Plan, the Administrator shall from time to time in its discretion select those individuals to whom options shall be granted, and shall determine the terms of such options (which need not be identical) and the number of shares of Common Stock for which each may be exercised. Notwithstanding anything to the contrary herein, the number of shares of Common Stock with respect to which an option or options may be granted to any optionee in any one taxable year of the Company shall not exceed 400,000, subject to adjustment as provided herein (the "Maximum Annual Employee Grant"). Each option shall be subject to the terms and conditions of the Plan and such other terms and conditions established by the Administrator as are not inconsistent with the purpose and provisions of the Plan.

Grants of Options. (a) On the terms and conditions set forth herein, the Company hereby grants to the Stockholder an irrevocable Option to sell the Option Shares to the Company (such Option, the "Put"), and the Stockholder hereby grants to the Company an irrevocable Option to purchase the Option Shares from the Stockholder (such Option, the "Call"), in each case at a price per share ("Exercise Price") equal to (i) the Net Offering Price plus (ii) the applicable Adjustment. (b) After the Offering Closing, the Put and the Call will each be exercisable in four equal installments (each as to one quarter of the total number of Option Shares) at any time during the following two month periods (each such two month period, an "Exercise Period"): First Installment: February 1 to March 31, 1998 Second Installment: May 1 to June 30, 1998 Third Installment: August 1 to September 30, 1998 Fourth Installment: November 1 to December 31, 1998 provided, however, that: (i) each Put installment or Call installment may be exercised only in whole (and not in part); (ii) only one Put installment or one Call installment may be exercised during any Exercise Period; (iii) if the Stockholder exercises a Put installment before the Company exercises its Corresponding Installment of the Call, or if the Company exercises a Call installment before the Stockholder exercises its Corresponding Installment of the Put, then such Corresponding Installment (including, in the case of a Put, the related Cash 7 Settlement Right) will immediately become null and void and such other party will not be permitted to exercise such Corresponding Installment; and (iv) if the Stockholder fails to exercise a Put installment within the exercise period, or the Company fails to exercise a Call installment within the Exercise Period or such longer period as is provided for in Section 3.1(c)(A), such installment will expire and become null and void without any adjustment to any other installment or otherwise. (c) Notwithstanding the preceding provisions of this Section 3.1, during any Exercise Period, instead of exercising its Put installment, the Stockholder shall have the right, but not the obligation, to sell such Put to the Company (the "Cash Settlement Right") at a price per share (the "Cash Settlement Price") equal to the greater of (i) $1.00 or (ii) the amount, if any, by which (x) the Exercise Price for such Put exceeds (y) the Average Closing Price on the day on which such Cash Settlement Right is exercised (such exercis...

Grants of Options. Within 30 days after the Effective Date, the Company shall grant to ▇▇▇▇▇ a non-statutory stock option (the “Initial Option”) to purchase 600,000 shares (the “Initial Option Shares”) of the Company’s common stock, par value $.0001 per share (the “Common Stock”). Within 30 days after December 31, 2005 the Company shall issue a second non-statutory stock option (the “Second Option” and, with the Initial Option, the “Options”) to purchase that number of shares of Common Stock equal to the difference of (a) 1% of the Common Stock issued and outstanding as of December 31, 2005 (which number shall not include, for the avoidance of doubt, Common Stock issuable but not yet issued, as of such date, (i) upon conversion, exercise or exchange, as the case may be, of common stock equivalents, or (ii) in respect of any other rights to receive Common Stock), minus (b) the Initial Option Shares. Each Option shall be fully vested upon the date of the grant of such Option (such Option’s “Grant Date”). Each Option, shall have an exercise price per share equal to the fair market value of the Common Stock on such Option’s Grant Date, and shall be exercisable until the earlier of: (x) ten years following its Grant Date, or (y) 90 days following the termination of ▇▇▇▇▇’▇ employment.

Grants of Options. The Committee may, in its discretion, at any time prior to the tenth anniversary of the date on which this Plan is adopted or approved by the Company’s shareholders, Grant Options to such eligible persons as may be selected by the Committee. All such Options shall be non-qualified stock options (“NQSOs”), that is, options that are not intended to satisfy the requirements applicable to an “incentive stock option” described in Section 422(b) of the Code.

Grants of Options. Each Non-Employee Director who serves on the Board on that date which is the first business day following each Annual Meeting of Shareholders during the term of this Plan shall be granted an Option as of such date. Each Option shall be for the purchase by the Participant of 1,000 shares of Common Stock at a price per share equal to the Fair Market Value of a share of the Common Stock on the date of Grant. Each Option shall be evidenced by an Agreement issued by the Committee in the form prescribed by the Committee and consistent with the terms of the Plan. All Options granted under the Plan shall be non-statutory in nature and shall not be entitled to special tax treatment under Internal Revenue Code Section 422.