Grant of Option Clause Example with 3 Variations from Business Contracts
This page contains Grant of Option clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Grant of Option. On the applicable Enrollment Date, each Participant in an Offering Period shall be granted an Option to purchase on the applicable Exercise Date a number of full Shares determined by dividing such Participant's payroll deductions accumulated prior to such Exercise Date and retained in the Participant's Purchase Account as of the applicable Exercise Date by the applicable Purchase Price.
Found in
TheRealReal, Inc. contract
Variations of a "Grant of Option" Clause from Business Contracts
Grant of Option. On the applicable each Enrollment Date, each Participant in an the applicable Offering Period shall be granted an Option to purchase purchase, on the applicable Exercise Date Date, a number of full Shares determined by dividing such Participant's payroll deductions accumulated the amount credited prior to such Exercise Date and retained in to the Participant's Purchase Account as of the applicable Exercise Date by the applicable Purchase Price.
Found in
McAfee Corp. contract
Grant of Option. On the applicable Enrollment Date, each Participant in an Offering Period shall be granted an Option to purchase on the applicable next following Exercise Date a number of full Shares determined by dividing such Participant's payroll deductions accumulated prior to such Exercise Date and retained in the Participant's Purchase Account as of the applicable Exercise Date by the applicable Purchase Price.
Found in
CDW contract
Grant of Option. On the applicable Enrollment Date, each Participant in an Offering Period shall be granted an Option to purchase on the applicable Exercise Date a number of full Shares determined by dividing such Participant's payroll deductions and additional contributions accumulated prior to on or before such Exercise Date and retained in the Participant's Purchase Account as of the applicable Exercise Date by the applicable Purchase Price.
Found in
Outset Medical, Inc. contract