Common use of Options Work Clause in Contracts

Options Work. The Option Prices for Developer’s performance of each Option, provided that TxDOT exercises its option for such Option Work within the period designated in Section 4.1.6, are set forth below and correspond to the Option Work descriptions contained in Section 1.2 of the Technical Provisions. $ [insert Option Price from Exhibit 5-1] for Option 1. $ [insert Option Price from Exhibit 5-2] for Option 2. * * * $ [insert Option Price from Exhibit 5-[X]] for Option [X].