Common use of ▇▇▇▇▇ of Option Clause in Contracts

▇▇▇▇▇ of Option. Autobytel Inc., a Delaware corporation (the “Company”), hereby grants to the Optionee named in the Notice of Grant (the “Optionee”), an option (the “Option”) to purchase the total number of shares of Common Stock (the “Shares”) set forth in the Notice of Grant, at the exercise price per share set forth in the Notice of Grant (the “Exercise Price”) subject to the terms, definitions and provisions of the 2004 Restricted Stock and Option Plan (the “Plan”) adopted by the Company, which is incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Option Agreement. If designated in the Notice of Grant as an Incentive Stock Option (“ISO”), this Option is intended to qualify as an Incentive Stock Option as defined in Section 422 of the Code. Nevertheless, to the extent that it exceeds the $100,000 rule of Code Section 422(d), or to the extent the Option does not meet the ISO rules for some other reason, this Option shall be treated as a Nonstatutory Stock Option (“NSO”).

Appears in 12 contracts

Sources: Employee Stock Option Agreement, Employee Stock Option Agreement (Autobytel Inc), Employee Stock Option Agreement (Autobytel Inc)

▇▇▇▇▇ of Option. Autobytel Inc., a Delaware corporation (the "Company"), hereby grants to the Optionee named in the Notice of Grant (the "Optionee"), an option (the "Option") to purchase the total number of shares of Common Stock (the "Shares") set forth in the Notice of Grant, at the exercise price per share set forth in the Notice of Grant (the "Exercise Price") subject to the terms, definitions and provisions of the 2004 Restricted 1999 Stock and Option Plan (the "Plan") adopted by the Company, which is incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Option Agreement. If designated in the Notice of Grant as an Incentive Stock Option ("ISO"), this Option is intended to qualify as an Incentive Stock Option as defined in Section 422 of the Code. Nevertheless, to the extent that it exceeds the $100,000 rule of Code Section 422(d), or to the extent the Option does not meet the ISO rules for some other reason, this Option shall be treated as a Nonstatutory Stock Option ("NSO").

Appears in 1 contract

Sources: Employee Stock Option Agreement (Autobytel Inc)

▇▇▇▇▇ of Option. Autobytel Inc., a Delaware corporation (the “Company”), The Administrator hereby grants to the Optionee individual named in the Notice of Stock Option Grant (the “OptioneeNotice of Grant), ) attached as Part I of this Agreement (the “Participant”) an option (the “Option”) to purchase the total number of shares of Common Stock (the “Shares”) , as set forth in the Notice of Grant, at the exercise price per share set forth in the Notice of Grant (the “Exercise Price”) ), subject to the terms, definitions terms and provisions conditions of the 2004 Restricted Stock and Option Plan (the “Plan”) adopted by the Company, which is incorporated herein by reference. Unless otherwise defined hereinSubject to Section 20(c) of the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Award Agreement, the terms defined in and conditions of the Plan shall have the same defined meanings in this Option Agreementwill prevail. If designated in the Notice of Grant as an Incentive Stock Option (“ISO”), this Option is intended to qualify as an Incentive Stock Option as defined in under Section 422 of the Code. NeverthelessHowever, if this Option is intended to be an Incentive Stock Option, to the extent that it exceeds the $100,000 rule of Code Section 422(d), or to the extent the Option does not meet the ISO rules for some other reason, this Option shall ) it will be treated as a Nonstatutory Stock Option (“NSO”). Unless designated as an Incentive Stock Option in the Notice of Grant, this option is a Nonstatutory Stock Option.

Appears in 1 contract

Sources: Stock Option Award Agreement (Icx Technologies Inc)

▇▇▇▇▇ of Option. Autobytel Inc., a Delaware corporation (the “Company”), hereby grants to the Optionee named in the Notice of Grant (the “Optionee”), an option (the “Option”) to purchase the total number of shares of Common Stock (the “Shares”) set forth in the Notice of Grant, at the exercise price per share set forth in the Notice of Grant (the “Exercise Price”) subject to the terms, definitions and provisions of the 2004 Restricted Stock and Option Plan (the “Plan”) adopted by the Company, which is incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Option Agreement. If designated in the Notice of Grant as an Incentive Stock Option (“ISO”), this Option is intended to qualify as an Incentive Stock Option as defined in Section 422 of the Code. Nevertheless, to the extent that it exceeds the $100,000 rule of Code Section 422(d), or to the extent the Option does not meet the ISO rules for some other reason, this Option shall be treated as a Nonstatutory Stock Option (“NSO”).

Appears in 1 contract

Sources: Employee Stock Option Agreement (Autobytel Inc)