Grant of Option Clause Example with 4 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. The Company hereby grants to Optionee, as of the date hereof, an option to purchase commencing on the date hereof and ending on the tenth (10th) anniversary of the date hereof (the "Expiration Date") an option exercisable to purchase up to an aggregate of 1.0 million shares of Common Stock , $.001 par value, (the "Option Shares") at an exercise price of $0.50 per Option Share (the "Exercise Price"). The Option Shares shall be purchasable from time to time during the option term specified in this... Section 1 at the Exercise Price, subject to the vesting provisions of paragraph 3 of this Option. View More
Found in VITRO DIAGNOSTICS INC contract

Variations of a "Grant of Option" Clause from Business Contracts

Grant of Option. The Company hereby grants to Optionee, as of the date hereof, an option to purchase commencing on the date hereof and ending on the tenth (10th) anniversary of the date hereof (the "Expiration Date") an option exercisable to purchase up to an aggregate of 1.0 million 100,000 shares of Common Stock , $.001 Stock, $.005 par value, (the "Option Shares") at an exercise price of $0.50 $7.00 per Option Share (the "Exercise Price"). The Option Shares shall be purchasable from time to time during the op...tion term specified in this Section 1 at the Exercise Price, subject to the vesting provisions of paragraph 3 of this Option. View More
Found in GLOBAL HEALTHCARE REIT, INC. contract
Grant of Option. The Company hereby grants to Optionee, as of the date hereof, an option to purchase commencing on the date hereof and ending on the tenth (10th) anniversary of the date hereof (the "Expiration Date") an option exercisable to purchase up to an aggregate of 1.0 4.3 million shares of Common Stock , Stock, $.001 par value, (the "Option Shares") at an exercise price of $0.50 $0.05 per Option Share (the "Exercise Price"). The Option Shares shall be purchasable from time to time during the option term ...specified in this Section 1 at the Exercise Price, subject to the vesting provisions of paragraph 3 of this Option. View More
Found in VITRO DIAGNOSTICS INC contract
Grant of Option. The Company hereby grants to Optionee, as of the date hereof, an option to purchase commencing on the date hereof and ending on the tenth (10th) anniversary of the date hereof (the "Expiration Date") an option exercisable to purchase up to an aggregate of 1.0 2.2 million shares of Common Stock , Stock, $.001 par value, (the "Option Shares") at an exercise price of $0.50 $0.05 per Option Share (the "Exercise Price"). The Option Shares shall be purchasable from time to time during the option term ...specified in this Section 1 at the Exercise Price, subject to the vesting provisions of paragraph 3 of this Option. View More
Found in VITRO DIAGNOSTICS INC contract
Grant of Option. The Company hereby grants to Optionee, as of the date hereof, an option to purchase commencing on the date hereof and ending on the tenth (10th) (10th anniversary of the date hereof (the "Expiration Date") an option exercisable to purchase up to an aggregate of 1.0 million shares of Common Stock , Stock, $.001 par value, (the "Option Shares") at an exercise price of $0.50 $0.29 per Option Share (the "Exercise Price"). The Option Shares shall be purchasable from time to time during the option ter...m specified in this Section 1 at the Exercise Price, subject to the vesting provisions of paragraph 3 of this Option. View More
Found in VITRO DIAGNOSTICS INC contract