Number of Shares; Option Price Clause Samples
The 'Number of Shares; Option Price' clause defines the specific quantity of shares subject to an option agreement and sets the price at which these shares can be purchased. Typically, this clause will state the total number of shares the option holder may acquire and the fixed price per share, which is often determined at the time the option is granted. By clearly establishing these key terms, the clause ensures both parties understand the scope of the option and the financial terms, thereby preventing future disputes over the amount of shares or the purchase price.
Number of Shares; Option Price. Pursuant to said action of the Board of Directors, the Company hereby grants to Optionee the option (“Option”) to purchase, upon and subject to the terms and conditions hereof, 350,000 Common Shares of the Company at the price of $0.29 per share (“Exercise Price”).
Number of Shares; Option Price. Pursuant to said action of the Administrator, the Company hereby grants to Optionee the option (“Option”) to purchase, upon and subject to the terms and conditions of the Plan, shares of Common Stock of the Company (“Shares”) at the price of $ per share.
Number of Shares; Option Price. Pursuant to said action of the Board, the Company hereby grants to Optionee the option (“Option”) to purchase, upon and subject to the terms and conditions of the Plan, __________ shares of common stock of the Company (“Shares”) at the price of $______ per Share (which price shall be no less than the fair market value of a Share on the date of grant of this Option).
Number of Shares; Option Price. Pursuant to said action of the Board of Directors, the Company hereby grants to Optionee, in consideration of legal consulting services performed for the benefit of the Company, the option ("Option") to purchase up to 78,500 shares ("Option Shares") of Common Stock of the Company, at the exercise price of $1.00 per share.
Number of Shares; Option Price. Pursuant to said action of the Plan Committee, the Company hereby grants to Optionee the option ("Option") to purchase, upon and subject to the terms and conditions of said Stock Option Plan, all or any part of 434,781 shares of Common Stock of the Company for cash at the price of $1.00 per share.
Number of Shares; Option Price. Pursuant to said action of the Board of Directors, the Company hereby grants to Optionee, subject to the terms and conditions of the Plan, in consideration of consulting services performed for the benefit of the Company, during the period from July 1, 1996 to December 31, 1996, related to the location of strategic business partners for the Company and the expansion of the dialysis facilities for the Company's business operations, the option ("Option") to purchase up to 70,000 shares ("Option Shares") of Common Stock of the Company, at the exercise price of $0.25 per share.
Number of Shares; Option Price. The Company hereby grants to the Optionee a non-qualified option ("Option"), to purchase 100,000 Shares ("Option Shares") at a price per Share ("Option Price") of $3,719 on the terms and subject to the conditions set forth herein. The Optionee shall not have any of the rights of a stockholder with respect to the Option Shares covered hereby unless and until the Optionee has paid the Option Price with respect thereto. The Company will, at the Company's expense, file with the Securities and Exchange Commission a registration statement covering the Option Shares.
Number of Shares; Option Price. Pursuant to said action of the Board of Directors, the Company hereby grants to Optionee the option ("Option") to purchase, upon and subject to the terms and conditions of this agreement, ______ shares of Common Stock of the Company ("Shares") at a price per share of $3.563. The number of Shares and the exercise price of the Option stated herein give effect to a 579.48618-for-1 stock split of the Company's Common Stock effected in November 1997 and the one-for-.9907406 reverse stock split effected January 28, 1998." In all other respects, the Option Agreement shall remain in full force and effect.
Number of Shares; Option Price. The Company hereby grants to the Employee a non-qualified option (the "Option"), to purchase 36,000 Shares (the "Option Shares") at a price per Share (the "Option Price") of $4.50 on the terms and subject to the conditions set forth herein. The Employee shall not have any of the rights of a stockholder with respect to the Option Shares covered hereby unless and until the Employee has paid the Option Price with respect thereto.
Number of Shares; Option Price. Pursuant to said action of the Board of Directors, the Company hereby grants to Optionee, subject to the terms and conditions of the Plan, in consideration of employment or consulting services performed for the benefit of the Company, the option ("Option") to purchase up to __________ shares ("Shares") of Common Stock of the Company, at the exercise price of $______ per share.