Grant of Option Clause Example with 22 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 Participant on the date set forth above (the "Date of Grant"), the right and option (the "Option") to purchase all or portions of an aggregate of ______________________ (_________) shares of Common Stock at a per share price of $______ on the terms and conditions set forth herein, and subject to adjustment pursuant to Section 16 of the Plan. This Option is a nonqualified stock option and will not be treated as an incentive stock option, as defined under Section 422, ...or any successor provision, of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder. View More

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

Grant of Option. The Company hereby grants to Participant on the date set forth above (the "Date of Grant"), the right and option (the "Option") to purchase all or portions of an aggregate of ______________________ (_________) ( ) shares of Common Stock at a per share price of $______ $ on the terms and conditions set forth herein, and subject to adjustment pursuant to Section 16 15 of the Plan. This Option is a nonqualified stock option and will not intended to be treated as an incentive stock option, as define...d under option within the meaning of Section 422, or any successor provision, of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder. thereunder, to the extent permitted under Code Section 422(d). However, to the extent this Option fails to satisfy the requirements of Code Section 422, the Option will be deemed to be a nonqualified stock option. View More
Grant of Option. The Company hereby grants to Participant on the date set forth above (the "Date of Grant"), the right and option (the "Option") to purchase all or portions of an aggregate of ______________________ (_________) ( ) shares of Common Stock at a per share price of $______ $ on the terms and conditions set forth herein, and subject to adjustment pursuant to Section 16 15 of the Plan. This Option is a nonqualified stock option and will not intended to be treated as an incentive stock option, as define...d under option within the meaning of Section 422, or any successor provision, of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder. thereunder, to the extent permitted under Code Section 422(d). However, to the extent this Option fails to satisfy the requirements of Code Section 422, the Option will be deemed to be a nonqualified stock option. View More
Grant of Option. The Company hereby grants Subject to Participant on the date set forth above (the "Date of Grant"), the right and option (the "Option") to purchase all or portions of an aggregate of ______________________ (_________) shares of Common Stock at a per share price of $______ on the terms and conditions set forth herein, in this Agreement and subject in the Plan, the Company hereby grants to adjustment pursuant to Section 16 of the Plan. This Option is Participant a nonqualified stock option and wil...l not be treated as an incentive (the "Option") to purchase shares of common stock option, as defined under Section 422, or any successor provision, of the Internal Revenue Code Company ("Shares") at an exercise price of 1986, as amended $______ per Share (the "Code"), and the regulations thereunder. "Exercise Price"). The Option shall become exercisable according to Section 2 below. View More
Grant of Option. The Company hereby grants Subject to Participant on the date set forth above (the "Date of Grant"), the right and option (the "Option") to purchase all or portions of an aggregate of ______________________ (_________) shares of Common Stock at a per share price of $______ on the terms and conditions set forth herein, in this Agreement and subject in the Plan, the Company hereby grants to adjustment pursuant to Section 16 of the Plan. This Option is a nonqualified stock option and will not be tre...ated as Grantee an incentive stock option, as defined under Section 422, or any successor provision, option (the "Option") to purchase ______ shares of common stock of the Internal Revenue Code Company ("Shares") at an exercise price of 1986, as amended (the "Code"), and the regulations thereunder. $____ per Share. The Option shall become exercisable according to Section 2 below. View More
Grant of Option. The Company hereby grants to Participant on the date set forth above (the "Date of Grant"), the right and option (the "Option") to purchase all or portions of an aggregate of ______________________ (_________) (______) shares of Common Stock at a per share price of $______ on the terms and conditions set forth herein, and subject to adjustment pursuant to Section 16 15 of the Plan. This Option is a nonqualified stock option and will not intended to be treated as an incentive stock option, as def...ined under option within the meaning of Section 422, or any successor provision, of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder. thereunder, to the extent permitted under Code Section 422(d). However, to the extent this Option fails to satisfy the requirements of Code Section 422, the Option will be deemed to be a nonqualified stock option. View More
Grant of Option. The Subject to the provisions of this Agreement and the Plan, the Company hereby grants to Participant on the date set forth above (the "Date of Grant"), Optionee the right and option (the "Option") to purchase all or portions ________ Common Shares at an exercise price of an aggregate of ______________________ (_________) shares of Common Stock at a $__.__ per share price of $______ on the terms and conditions set forth herein, and subject to adjustment pursuant to Section 16 of the Plan. This ...Option is a nonqualified stock option and will not be treated as an incentive stock option, as defined under Section 422, or any successor provision, of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder. "Exercise Price"). View More
Grant of Option. The Company hereby grants has granted to Participant the Optionee, on the date set forth above _________ (the "Date of Grant"), the right and "Grant Date"), an option (the "Option") to purchase all or portions of an aggregate of ______________________ (_________) _________ shares of Common Stock at a per share price of $______ on the Company (the "Option") upon the terms and conditions herein set forth herein, and subject to adjustment pursuant to Section 16 the terms and conditions of the Plan.... This The Option is granted as a nonqualified stock option matter of separate agreement, and will not be treated as an incentive stock option, as defined under Section 422, in lieu of any regular or any successor provision, of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder. special compensation for services. View More
Grant of Option. The Company hereby grants has granted to Participant the Optionee, on the date set forth above ____________ (the "Date of Grant"), the right and "Grant Date"), an option (the "Option") to purchase all or portions of an aggregate of ______________________ (_________) _________ shares of Common Stock at a per share price of $______ on the Company (the "Option") upon the terms and conditions herein set forth herein, and subject to adjustment pursuant to Section 16 the terms and conditions of the Pl...an. This The Option is granted as a nonqualified stock option matter of separate agreement, and will not be treated as an incentive stock option, as defined under Section 422, in lieu of any regular or any successor provision, of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder. special compensation for services. View More
Grant of Option. The Pursuant to the Snap Interactive, Inc. 2016 Long-Term Incentive Plan (the "Plan") for Employees, Contractors, and Outside Directors of Snap Interactive, Inc., a Delaware corporation (the "Company"), the Company hereby grants to Participant on (the "Participant"), who is an Employee of the date set forth above (the "Date of Grant"), the right and Company, an option (the "Option") "Option" or "Stock Option") to purchase all or portions a total of an aggregate of ______________________ ________..._____________ (_________) full shares of Common Stock of the Company (the "Optioned Shares") at a an "Option Price" equal to $________ per share price (which is equal to the Fair Market Value per share of $______ Common Stock on the Date of Grant or 110% of such Fair Market Value, in the case of a ten percent (10%) or more stockholder as provided in Section 422 of the Code), in the amounts, during the periods and upon the terms and conditions set forth herein, in this Incentive Stock Option Agreement (the "Agreement"). The "Date of Grant" of this Stock Option is _________________, 20___. The "Option Period" shall commence on the Date of Grant and subject to adjustment pursuant to Section 16 shall expire on the date immediately preceding the tenth (10th) anniversary of the Plan. This Date of Grant (or the date immediately preceding the fifth (5th) anniversary of the Date of Grant, in the case of a ten percent (10%) or more stockholder as provided in Section 422 of the Code) unless terminated earlier in accordance with Section 4 below. The Stock Option is a nonqualified stock option and will not intended to be treated as an incentive stock option, as defined under Section 422, or any successor provision, of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder. Incentive Stock Option. View More
Grant of Option. (a) The Company hereby grants to Participant on as of the date set forth above (the "Date of Grant"), this Agreement the right and option (the "Option") to purchase all __________ Shares, in whole or portions of in part (the "Option Stock"), at an aggregate of ______________________ (_________) shares of Common Stock at a per share exercise price of $______ _________________________ and No/100 Dollars ($_________) per Share, on the terms and conditions set forth herein, in this Agreement and sub...ject to adjustment pursuant to Section 16 all provisions of the Plan. This Option is a nonqualified stock option and will not be treated as an incentive stock option, as defined under Section 422, The Optionee, holder or any successor provision, beneficiary of the Internal Revenue Code Option shall not have any of 1986, the rights of a stockholder with respect to the Option Stock until such person has become a holder of such Shares by the due exercise of the Option and payment of the Option Payment (as defined in Section 3 below) in accordance with this Agreement. (b) The Option shall be a non-qualified stock option. In order comply with all applicable federal, state or local tax laws or regulations, the Company may take such action as amended (the "Code"), and it deems appropriate to ensure that all applicable federal, state or other taxes are withheld or collected from the regulations thereunder. Optionee. View More