Shares Optioned and Option Price. The Optionee shall have an Option to purchase 104,167 shares of the Company’s common stock, par value $.005 per share (the “Common Stock”), at an exercise price of $1.35 per share, subject to the terms and conditions of this Agreement. This Option evidences the grant of Options provided to Optionee pursuant to Section 13(b) of the Amended and Restated Strategic Operating Alliance, dated as of the Grant Date, among the Company, Optionee and American Standard Circuits, Inc.
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Shares Optioned and Option Price. The Optionee shall have an Option to purchase 104,167 400,000 shares of the Company’s 's common stock, par value $.005 per share (the “"Common Stock”"), at an exercise a price of $1.35 per share1.16 for each share ("Exercise Price"), being the closing price of the Common Stock on the NASDAQ SmallCap Market on the Date of Grant. The Option shall be subject to all the terms and conditions of this the Agreement. This Option evidences the grant of Options provided to Optionee pursuant to Section 13(b) of the Amended and Restated Strategic Operating Alliance, dated as of the Grant Date, among the Company, Optionee and American Standard Circuits, Inc..
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Shares Optioned and Option Price. The Optionee shall have an Option to purchase 104,167 500,000 shares of the Company’s 's common stock, par value of $.005 .001 per share (the “"Common Stock”"), at an exercise a price of $1.35 per 2.50 for each share, subject to the terms and conditions of this Agreement. This Option evidences the grant of Options provided to Optionee pursuant to Section 13(b) Agreement and of the Amended and Restated Strategic Operating AlliancePlan, dated as the provisions of the Grant Date, among the Company, Optionee and American Standard Circuits, Inc.which are hereby incorporated in this Agreement by reference.
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Sources: Nonstatutory Stock Option Agreement (SLS International Inc)