Share Option Agreement Sample Clauses

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Share Option Agreement. Each Option granted under the Plan shall be evidenced and governed exclusively by a Share Option Agreement between the Optionee and the Company. Such Option shall be subject to all applicable terms and conditions of the Plan and may be subject to any other terms and conditions that are not inconsistent with the Plan and that the Committee deems appropriate for inclusion in a Share Option Agreement. The provisions of the various Share Option Agreements entered into under the Plan need not be identical. The Share Option Agreement shall specify whether the Option is an ISO or an NSO.
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Share Option Agreement non-employee; exercisable on higher share valuation General notes
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Share Option Agreement non-employee; performance based Paragraph Specific notes:
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Share Option Agreement. To ____________ We are pleased to notify you that Visiontech Ltd. (the "COMPANY") hereby grants to you, as of _________________ (the "GRANTING DATE"), options (the "OPTIONS") to purchase ____________(_____________) Ordinary Shares, nominal value NIS 0.01 per share, of the Company (the "OPTION SHARES"), at the price of NIS ________ (______________________) per share (the "EXERCISE PRICE"). Upon the issuance of the Shares and until IPO the Shares do not grant any voting rights or other rights as a shareholder other than the right to receive dividends (the "OPTIONS SHARES"). The Options are granted pursuant to Section 3(9) of the Israel Income Tax Ordinance (New Version), as amended (the "ORDINANCE"), including the rules promulgated thereunder (the "RULES"). The Options are subject to the terms and conditions set forth below. The Options are granted to you pursuant to the Employment agreement signed between you and the Company on _______________ (the "EMPLOYMENT AGREEMENT").
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Share Option Agreement. Upon expiration and/or termination of this agreement, all unexercised shares rights under the Share Option Agreement (Exhibit D) shall become null and void.
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Share Option Agreement. The Company and the Purchaser entered into a Share Option Agreement, dated as of December 12, 2001 (the "Share Option Agreement") pursuant to which the Purchaser is entitled to purchase Shares, at a price of $0.21 per share, so that the Purchaser, following the purchase of Shares under the Share Option Agreement, shall then own 90.1% of the Shares; provided that to purchase Shares under the Share Option Agreement, Purchaser must own at least 75% of the Shares prior to exercising the option. Such summaries are qualified in their entirety by reference to the Merger Agreement and the Share Option Agreement, copies of which are filed as Exhibit (e)(10) and (e)(12) hereto, respectively. The Merger Agreement and the Share Option Agreement should be read in their entirety for a more complete description of the matters summarized above.
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Related to Share Option Agreement

  • Stock Option Agreement Each grant of an Option under the Plan shall be evidenced by a Stock Option Agreement between the Optionee and the Company. Such Option shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The Stock Option Agreement shall specify whether the Option is an ISO or an NSO. The provisions of the various Stock Option Agreements entered into under the Plan need not be identical. Options may be granted in consideration of a reduction in the Optionee’s other compensation.

  • Option Agreement Each Option granted pursuant to this Section 9 shall be evidenced by a written stock option agreement, which shall be executed by the Non-employee Director and the Company.

  • Share Option Plans Each share option granted by the Company under the Company’s share option plan was granted (i) in accordance with the terms of the Company’s share option plan and (ii) with an exercise price at least equal to the fair market value of the Ordinary Shares on the date such share option would be considered granted under GAAP and applicable law. No share option granted under the Company’s share option plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, share options prior to, or otherwise knowingly coordinate the grant of share options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

  • Stock Option Plan The Executive shall be eligible to participate in the Company's Stock Option Plan in accordance with the terms and conditions thereof.

  • Restricted Stock Agreement Each Award of Restricted Stock shall be evidenced by an Award Agreement that shall specify the Period of Restriction, the number of Shares granted, and such other terms and conditions as the Committee, in its sole discretion, shall determine. Unless the Committee determines otherwise, Shares of Restricted Stock shall be held by the Company as escrow agent until the restrictions on such Shares have lapsed.