Common use of THE OPTION GRANT Clause in Contracts

THE OPTION GRANT. The Grantee is hereby granted a Nonqualified Stock Option to purchase 100,000 shares of Common Stock of the Company at a purchase price of $25.25 per share. Said Nonqualified Stock Option is subject to the terms set forth below.

Appears in 1 contract

Sources: Chairman Agreement (Gaylord Entertainment Co /De)

THE OPTION GRANT. The Grantee is hereby granted a Nonqualified Stock Option to purchase 100,000 500,000 shares of Common Stock of the Company at a purchase price of $25.25 per share. Said Nonqualified Stock Option is subject to the terms set forth below.

Appears in 1 contract

Sources: Executive Employment Agreement (Gaylord Entertainment Co /De)