Number and Price of Shares Exercise Period Sample Clauses

The 'Number and Price of Shares; Exercise Period' clause defines the specific quantity of shares that may be acquired under an agreement, the price at which these shares can be purchased, and the timeframe during which the right to purchase (or exercise) is valid. For example, it may state that an option holder can buy up to 1,000 shares at $10 per share within a three-year window from the grant date. This clause ensures both parties are clear on the scope and limits of the share purchase rights, preventing misunderstandings about how many shares can be bought, at what cost, and within what period.