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
Found in SAJAN INC contract

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 of the Plan. This Option is a nonqualified stock option and will not be treated as an incentive stock option, as defi...ned under Section 422, or any successor provision, of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder. View More
Found in ORANGEHOOK, INC. contract
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 Se...ction 422, or any successor provision, of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder. View More
Found in Arno Therapeutics, Inc contract
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 Grantee a nonqualified stock option and will no...t 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 (the "Code"), and the regulations thereunder. $_________ per Share. The Option shall become exercisable according to Paragraph 2 below. View More
Found in ANTARES PHARMA, INC. contract
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") Optionee an Option to purchase all or portions any portion of an aggregate the number of ______________________ (_________) shares Shares set forth below (the "Option Shares") at the times and at the Exercise Price per Share indicated below. The Option shall expire at 5:00 p.m., Pacific Time, on the Expiration Date indicated below and shall be subject to all of Common S...tock at a per share price of $______ on the terms and conditions set forth herein, of this Employee Option Agreement (the "Option Agreement"). The Option may be exercised as to twenty percent (20%) of the Option Shares on or after the first anniversary of the Option Date and as to an additional twenty percent (20%) of the Option Shares on or after each of the next four anniversaries of the Option Date. OPTION DATE: ______________________ TOTAL OPTION SHARES: _____________________ EXERCISE PRICE PER SHARE: ______/Share EXPIRATION DATE: ______________________ 2. RELATIONSHIP TO PLAN. This Option is granted pursuant to the Second Sight Medical Products, Inc. Equity Incentive Plan (the "Plan"), and is subject to adjustment pursuant to Section 16 the provisions of the Plan. This Capitalized terms not defined herein shall have the meanings ascribed to them in the Plan. The Optionee hereby accepts this Option is a nonqualified stock option subject to all the terms and will not be treated as an incentive stock option, as defined under Section 422, or any successor provision, provisions of the Internal Revenue Code Plan. The Optionee further agrees that all decisions under and interpretations of 1986, as amended the Plan by the Compensation Committee (the "Code"), "Committee") established under the Plan shall be final, binding and conclusive upon the regulations thereunder. Optionee and his/her successors in interest. View More
Found in SECOND SIGHT MEDICAL PRODUCTS INC contract
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 t...he 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
Found in AIR METHODS CORP contract
Grant of Option. The Pursuant to the NanoVibronix, Inc. 2014 Long-Term Incentive Plan (the "Plan"), as adopted by NanoVibronix, 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") "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 (being equal to the Fair Market Value per share of $______ the 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 (this "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
Found in NanoVibronix, Inc. contract
Grant of Option. The Pursuant to the PhaseRx, Inc. 2016 Long-Term Incentive Plan (the "Plan"), as adopted by PhaseRx, 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 (being the Fair Market Value per share of $______ the 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
Found in 2 Contracts from PHASERX, INC.
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 (the "Option Shares") at a per share price of $______ $_______ on the terms and conditions set forth herein, and subject to adjustment pursuant to Section 16 11.6 of the Plan. This Option is a nonqualified stock option and will not be treated as an incenti...ve 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
Found in Arno Therapeutics, Inc contract
Grant of Option. The Pursuant to the NanoVibronix, Inc. 2014 Long-Term Incentive Plan (the "Plan") for Employees, Contractors, and Outside Directors of NanoVibronix, Inc., a Delaware corporation (the "Company"), the Company hereby grants to Participant on the date set forth above _________________________ (the "Date of Grant"), the right and "Participant"), an option (the "Option") "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 (being equal to the Fair Market Value per share of $______ the Common Stock on the terms Date of Grant). The "Date of Grant" of this Stock Option is _________________, 20__. The "Option Period" shall commence on the Date of Grant and conditions set forth herein, 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, unless terminated earlier in accordance with Section 4 below. The Stock Option is a Nonqualified Stock Option. This Stock Option is intended to comply with the provisions governing nonqualified stock option and will not be treated as an incentive stock option, as defined options under the final Treasury Regulations issued on April 17, 2007, in order to exempt this Stock Option from application of Section 422, or any successor provision, 409A of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder. Code. View More
Found in NanoVibronix, Inc. contract
Grant of Option. The Pursuant to the PhaseRx, Inc. 2016 Long-Term Incentive Plan (the "Plan") for key Employees, key Contractors, and Outside Directors of PhaseRx, Inc., a Delaware corporation (the "Company"), the Company hereby grants to Participant on the date set forth above _________________________ (the "Date of Grant"), the right and "Participant"), 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 (being the Fair Market Value per share of $______ the Common Stock on the terms Date of Grant). The "Date of Grant" of this Stock Option is _________________, 20__. The "Option Period" shall commence on the Date of Grant and conditions set forth herein, 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, unless terminated earlier in accordance with Section 4 below. The Stock Option is a Nonqualified Stock Option. This Stock Option is intended to comply with the provisions governing nonqualified stock option and will not be treated as an incentive stock option, as defined options under the final Treasury Regulations issued on April 17, 2007, in order to exempt this Stock Option from application of Section 422, or any successor provision, 409A of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder. Code. View More
Found in 3 Contracts from PHASERX, INC.