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 an option (this "Option") to purchase up to the total number of shares of Common Stock of the Company (the "Common Stock") set forth in the Grant Notice as the Shares (the "Shares") at the Exercise Price Per Share set forth in the Grant Notice (the "Exercise Price"), subject to all of the terms and conditions of the Grant Notice, this Agreement and the Plan. If designated as an Incentive Stock Option in the Grant Notice, this Option is intended to qualify as... an incentive stock option (the "ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"), except that if on the Date of Grant Optionee is not subject to U.S. income tax, then this Option shall be a NQSO. View More
Found in Pathfinder Acquisition Corp contract

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

Grant of Option. The Company hereby grants to Optionee an option (this "Option") to purchase up to the total number of shares of Common Stock of the Company (the "Common Stock") set forth in the Grant Notice as the Shares (the "Shares") at the Exercise Price Per Share set forth in the Grant Notice (the "Exercise Price"), subject to all of the terms and conditions of the Grant Notice, this Agreement and the Plan. If designated as an Incentive Stock Option in the Grant Notice, this Option is intended to qualify as... an incentive stock option (the "ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"), except that if on the Date of Grant Optionee is not subject to U.S. income tax, then this Option shall be a NQSO. View More
Found in GoodRx Holdings, Inc. contract
Grant of Option. The Company hereby grants to Optionee Participant an option (this "Option") to purchase up to the total number of shares of Common Stock of the Company (the "Common Stock") set forth in the Grant Notice as the Number of Shares (the "Shares") at the Exercise Price Per Share set forth in the Grant Notice (the "Exercise Price"), subject to all of the terms and conditions of the Grant Notice, this Agreement (including the country-specific terms and conditions for non-U.S. Participants set forth in E...xhibit A) and the Plan. If designated as an Incentive Stock Option in the Grant Notice, this the Option is intended to qualify as an incentive "incentive stock option option" (the "ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"), except that if on the Date date of Grant Optionee grant the Participant is not subject to U.S. income tax, then this Option shall be a NQSO. View More
Found in Bloom Energy Corp contract
Grant of Option. The Company hereby grants to Optionee an option (this "Option") to purchase up to the total number of shares of Class A Common Stock of the Company Company, $0.001 par value per share (the "Common Stock") Stock"), set forth in the Grant Notice as the Shares (the "Shares") at the Exercise Price Per Share set forth in the Grant Notice (the "Exercise Price"), subject to all of the terms and conditions of the Grant Notice, this Agreement and the Plan. If designated as an Incentive Stock Option in th...e Grant Notice, this Option is intended to qualify as an incentive stock option (the "ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"), except that if on the Date of Grant Optionee is not subject as opposed to U.S. income tax, then this a Non-Qualified Stock Option shall be a NQSO. ("NQSO"). View More
Found in Grail, Inc. contract
Grant of Option. The Company hereby grants to Optionee an option (this "Option") to purchase up to the total number of shares of Common Stock Ordinary Shares of the Company Company, $0.0001 par value per share (the "Common Stock") "Ordinary Shares"), set forth in the Grant Notice as the Shares (the "Shares") at the Exercise Price Per Share set forth in the Grant Notice (the "Exercise Price"), subject to all of the terms and conditions of the Grant Notice, this Agreement and the Plan. If designated as an Incentiv...e Stock Option in the Grant Notice, this Option is intended to qualify as an incentive stock option (the "ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"), except that if on the Date of Grant Optionee is not subject to U.S. income tax, then this Option shall be a NQSO. View More
Found in Terns Pharmaceuticals, Inc. contract