Options to Purchase Common Stock Sample Clauses

Options to Purchase Common Stock. (a) Subject to the approval of the Company’s Board of Directors, the Employee will be granted an incentive stock option (“Option”) to purchase 310 shares of the Company’s Common Stock (as adjusted for any stock dividends, combinations or splits with respect to such shares, the “Shares”). The Option shall be exercisable at the fair market value of the Company’s Common Stock as of the date of grant (the “Exercise Price”). The fair market value of the Company’s Common Stock as of the grant date shall be determined as follows: (a) if such grant is made upon the initial public offering of the Company’s Common Stock (the “IPO”), the fair market value of the Company’s Common Stock will be deemed to be the initial per share price of such Common Stock as set by the underwriters immediately prior to the effective date of of the IPO (the “IPO Price”), or (b) if the IPO has not been consummated on or before July 1, 2007, the fair market value of the Company’s Common Stock will be determined based on an arms’ length valuation of the Company’s Common Stock. The Option shall be issued upon the pricing by the underwriters of the shares of Common Stock to be issued in the IPO; provided, however, if the IPO has not been consummated on or before July 1, 2007, the Company will begin the process of obtaining third party independent valuation of the Company’s Common Stock. In such event, the Option will be issued following receipt by the Company of a final report of such third party independent valuation. The Option will be subject to the terms and conditions of an equity incentive plan to be adopted by the Company (the “Plan”). (b) Subject to the Employee’s continued employment, the Option will vest and become exercisable with respect to twenty-five percent (25%) of the Shares on November 1, 2007 and an additional 1/48th of the total Shares shall vest and become exercisable each month thereafter, such that the Option will be fully vested and exercisable after four (4) years of employment. Notwithstanding the foregoing and subject to the Employee’s continued employment and Section 10 of this Agreement, if the Company undergoes a “Change in Control” (as defined in the Plan), and if, in anticipation of, or during the twelve (12) months following, the Change in Control, the Employee is terminated without Cause or experiences a Constructive Termination pursuant to Section 7(c) of this Agreement, all Shares subject to the Option shall immediately vest and become exercisable. (c) For...

Options to Purchase Common Stock. Simultaneous herewith the Company shall issue to Employee 300,000 common stock purchase options, each entitling Employee to purchase one share of the Company's common stock, $.01 par value per share, at a price of $.50 per share, and expiring on December 31, 2009; each such option to be evidenced by, and subject to the terms and conditions contained in, an Option Agreement in the form annexed hereto as Exhibit A.

Options to Purchase Common Stock. On May 15, 2007 the Employee was granted a stock option (“Option”) to purchase 259,980 shares of the Company’s Common Stock (as adjusted for any stock dividends, combinations or splits with respect to such shares, the “Shares”) pursuant to the Company 2007 Equity Incentive Plan (the “Plan”) at an exercise price of $15.00 per share (the “Exercise Price”).

Options to Purchase Common Stock. Executive is granted an option to purchase 150,000 shares of the Company's common stock. The terms and conditions of the option are set forth in Exhibit A.

Options to Purchase Common Stock. (a) On May 15, 2007 the Employee was granted a stock option (“Option”) to purchase 130,200 shares of the Company’s Common Stock (as adjusted for any stock dividends, combinations or splits with respect to such shares, the “Shares”) pursuant to the Company 2007 Equity Incentive Plan (the “Plan) at an exercise price of $15.00 per share (the “Exercise Price”). (b) The vesting of the option and the other terms and conditions governing the Option are set forth in the notice of grant of the Option. (c) For all purposes of this Agreement, “Change in Control” shall mean any of the following transactions:

Options to Purchase Common Stock. Upon the Effective Date, the Executive shall be granted options to purchase 10,000 shares of the Company's common stock at a price of $__ per share, which options shall be subject to the terms and provisions set forth in Attachment A hereto. In addition, the Executive shall be eligible for such other awards, if any, under the Company's stock option plan in effect as of the date hereof or any other stock option or other equity-based incentive plan as shall be granted to the Executive from time to time by the Board or its designee, in its sole discretion. All options granted pursuant to this Section 4(dl shall be referred to hereinafter as the "Executive Options".

Options to Purchase Common Stock. In addition to his compensation in Section IV of this agreement, Employer shall deliver to Employee options to purchase the common stock of Employer, which options are in the form of Exhibit "A", attached and incorporated by reference, according to the following schedule: (1) Options on 50,000 shares at 0.15 CAN with contract for sale of system one. (2) Options on 50,000 shares at 0.15 CAN with contract for sale of second system. (3) Options on 100,000 shares at 0.15 CAN at meeting quota before July 31, 2001. If quota is missed and company achieves $10,000,000 CAN from worldwide orders before July 31, 2001 Options on 50,000 will be awarded. (4) Options are vested for two years from date of granting.

Options to Purchase Common Stock. At the Effective Time, each option to purchase or deferred stock award with respect to a number of shares of Newmont Common Stock (a "NEWMONT STOCK OPTION" or "NEWMONT DEFERRED STOCK AWARD," as the case may be) that is then outstanding and unexercised shall cease to represent a right with respect to shares of Newmont Common Stock and shall be converted automatically into an option to purchase or a deferred stock award with respect to the same number of shares of Holdco Common Stock (a "HOLDCO STOCK OPTION" or "HOLDCO DEFERRED STOCK AWARD," as the case may be), and Holdco shall assume each such Holdco Stock Option and Holdco Deferred Stock Award, subject to the terms of the plan and agreement under which each such Newmont Stock Option or Newco Deferred Stock Award was issued. Effective as of the Effective Time, Holdco shall assume each plan, program or arrangement pursuant to which Newmont grants options, equity or equity-based awards to its employees (the "EQUITY PLANS") and may modify the Equity Plans to provide that awards with respect to shares of Holdco Common Stock may be granted by Holdco pursuant to the terms thereof.

Options to Purchase Common Stock. Promptly following execution of this Agreement the Company shall issue to Employee 78,750 common stock purchase options (the "Initial Options"), each entitling the Employee to purchase one share of the Company's common stock at an exercise price of $4.29 per share (Such figures give effect to the Company's 5% stock dividend paid on May 6, 1996 to stockholders of record on April 28, 1996). The Company shall issue to Employee 75,000 additional options (the "Additional Options"; collectively, the Initial Options together with the Additional Options are referred to as the "Options") to purchase shares of the Company's common stock, upon the following terms and conditions: (i) if the North American Division has "Fee Income" (as hereinafter defined) of at least $500,000 ("Fee Benchmark I") for the year ended December 31, 1996, then 25,000 Additional Options shall be issued to Employee (i.e. options to purchase 25,000 shares of the Company's common stock); if the North American Division has Fee Income of at least $750,000 ("Fee Benchmark II) for the year ended December 31, 1997, then another 25,000 Additional Options will be issued to Employee (i.e. options to purchase another 25,000 shares of the Company's common stock); and if the North American Division has Fee Income of at least $1,000,000 ("Fee Benchmark III," and together with Fee Benchmarks I and II, the "Fee Benchmarks") for the year ended December 31, 1998, then the remaining 25,000 Additional Options will be issued (i.e. options to purchase the remaining 25,000 shares of the Company's common stock). The Additional Options to be issued following a particular year will be issued on a pro rata basis if at least 50% of the Fee Benchmark for that year has been attained. For example, if during the year ended December 31, 1996 the North American Division attains Fee Income of only $250,000 (one-half of Fee Benchmark I), one-half of one-third of the Additional Options will be issued (i.e. 12,500 Additional Options). The Fee Benchmarks shall be cumulative through the year ending December 31, 1998 to the extent the Company does not achieve any of the prior years' Fee Benchmarks. For example, if during the year ending December 31, 1996, the North American Division attains Fee Income of only $250,000 (and, therefore, only one-half of one-third of the Additional Options are issued following that year), the one-half of one-third portion which were not issued following such year may be issued following the year ending...