Common use of Option Information Clause in Contracts

Option Information. Options One through Five referred to in subparagraphs 3.(a) through 3.(e)may sometimes collectively be referred to as ("Options"). (a) Option One (1) Date of Grant: August 23, 1999 (2) Number of Shares: Fifty Thousand (50,000) (3) Exercise Price: One Dollar and 50/100 ($1.50) per share (b) Option Two (1) Date of Grant: August 23, 1999 (2) Number of Shares: Fifty Thousand (50,000) (3) Exercise Price: One Dollar and 50/100 ($1.50) per share (c) Option Three (1) Date of Grant: August 23, 1999 (2) Number of Shares: Fifty Thousand (50,000) (3) Exercise Price: Fifteen Dollars ($15.00) per share (d) Option Four (1) Date of Grant: August 23, 1999 (2) Number of Shares: Fifty Thousand (50,000) (3) Exercise Price: Thirty Dollars ($30.00) per share (e) Option Five (1) Date of Grant: August 23, 1999 (2) Number of Shares: Fifty Thousand (50,000) (3) Exercise Price: Forty-Five Dollars ($45.00) per share