Grant of Option Contract Clauses (3,018)

Grouped Into 110 Collections of Similar Clauses From Business Contracts

This page contains Grant of Option clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Grant of Option. Pursuant to, and subject to, the terms and conditions set forth herein and in the Plan, GrafTech hereby grants to the Participant a NON-QUALIFIED STOCK OPTION (the "Option") with respect to shares of Common Stock of GrafTech.
Grant of Option. Pursuant to, and subject to, the terms and conditions set forth herein and in the Plan, GrafTech hereby grants to the Participant a NON-QUALIFIED STOCK OPTION (the "Option") with respect to (1) shares of Common Stock of GrafTech.
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Grant of Option. The Corporation, pursuant to the Sterling Bancorp, Inc. 2017 Omnibus Equity Incentive Plan, as amended from time to time (the "Plan"), and subject to the terms and conditions of the Plan, grants to the Optionee an [Incentive] [Nonstatutory] Stock Option (the "Option") to purchase the above-designated number of shares of Common Stock of the Corporation at the exercise price per share designated above. The number of shares and exercise price per share of the Option shall be proportionately adjuste...d in the event the Corporation changes the number of shares of its outstanding Common Stock by reason of a stock dividend or stock split issued to shareholders, and is otherwise subject to adjustment as provided in the Plan. View More
Grant of Option. The Corporation, Company, pursuant to the Sterling Bancorp, Inc. 2017 Omnibus Equity Company's Stock Incentive Plan, Plan of 2016, as amended from time to time (the "Plan"), and subject to the terms and conditions of the Plan, grants to the Optionee an [Incentive] [Nonstatutory] Incentive Stock Option (the "Option") to purchase the above-designated number of shares of Common Stock of the Corporation Company at the exercise price per share designated above. The number of shares and exercise price... per share of the Option shall be proportionately adjusted in the event the Corporation Company changes the number of shares of its outstanding Common Stock by reason of a stock dividend or stock split issued to shareholders, and is otherwise subject to adjustment as provided in the Plan. View More
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Grant of Option. (a) Subject to the final sentence of this Section 7(a), on the Offering Date of each Offering Period, each eligible Employee participating in such Offering Period shall be granted an option to purchase on each Purchase Date a number of Shares of the Company's Common Stock determined by dividing such Employee's Contributions accumulated prior to such Purchase Date and retained in the participant's account as of the Purchase Date by the applicable Purchase Price. Notwithstanding the above, the max...imum number of Shares an Employee may purchase during each Offering Period shall be 2,000 Shares (subject to any adjustment pursuant to Section 18 below), and provided further that such purchase shall be subject to the limitations set forth in Sections 3(b) and 12. (b) If the Common Stock is listed on any established stock exchange or traded on any established market, the fair market value of the Company's Common Stock on a given date (the "Fair Market Value") shall be the closing price of the Common Stock as quoted on such exchange or market (or the exchange or market with the greatest volume of trading in the Common Stock) on the date of determination, as reported in such source as the Board deems reliable. Unless otherwise provided by the Board, if there is no closing sales price for the Common Stock on the date of determination, then the Fair Market Value shall be the closing selling price (or closing bid if no sales were reported) on the last preceding date for which such quotation exists. In the absence of such markets for the Common Stock, the Fair Market Value shall be determined by the Board in good faith. View More
Grant of Option. (a) Subject to the final sentence of this Section 7(a), on On the Offering Date of each Offering Period, each eligible Employee participating in such Offering Period shall be granted an option to purchase on each the Purchase Date for that Offering Period a number of Shares of the Company's Common Stock determined by dividing such Employee's Contributions accumulated prior to such Purchase Date and retained in the participant's account as of the Purchase Date by the applicable Purchase Price. No...twithstanding the above, Price; provided however, that the maximum number of Shares an Employee may purchase during each any one Offering Period shall be 2,000 Shares (subject 10,000 Shares, subject to any adjustment pursuant to as provided in Section 18 below), 18, and provided further that such purchase shall be subject to the limitations set forth in Sections 3(b) and 12. (b) If the Common Stock is listed on any established stock exchange or traded on any established market, the The fair market value of the Company's Common Stock on a given date (the "Fair Market Value") means, as of any date, the value of Common Stock determined by the Board in its discretion, provided that, to the extent the Common Stock is listed or admitted to trade on a national securities exchange at the relevant time, (A) the Fair Market Value as of an Offering Date shall be the closing sales price of the Common Stock as quoted reported on such exchange or market for the last business day immediately preceding the Offering Date on which the sales of the Common Stock are reported, and (B) the Fair Market Value of the Common Stock as of a Purchase Date shall be the closing sales price of the Common Stock 6 as reported on such exchange for the Purchase Date (or if there is no trading of the Common Stock on the Purchase Date, the closing sales price of the Common Stock as reported on such exchange or market with on the greatest volume of next preceding date on which there was trading in the Common Stock) on the date of determination, Stock), in each case as reported in The Wall Street Journal or by such other source as the Board deems reliable. Unless otherwise provided by the Board, if there is no closing sales price for the Common Stock on the date of determination, then the Fair Market Value shall be the closing selling price (or closing bid if no sales were reported) on the last preceding date for which such quotation exists. In the absence of such markets for the Common Stock, the Fair Market Value shall be determined by the Board in good faith. View More
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Grant of Option. The Corporation hereby grants to the Optionee the right and option (hereinafter the "Option") to purchase up to an aggregate of 105,608 Shares (subject to adjustment as provided in Paragraph 6 hereof), on the terms and conditions set forth herein. The Optionee acknowledges that the Option will not be an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").
Grant of Option. The Corporation hereby grants to the Optionee the right and option (hereinafter the "Option") to purchase up to an aggregate of 105,608 21,122 Shares (subject to adjustment as provided in Paragraph 6 hereof), on the terms and conditions set forth herein. The Optionee acknowledges that the Option will not be an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").
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Grant of Option. Pursuant to the Plan, the Company, on (the "Date of Grant"), granted to Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the right and option to purchase from the Company all or any part of an aggregate of shares of Common Stock at the option price of $ per share, being not less than the Fair Market Value of such shares on the Date of Grant ("Option"). This Option is intended to be an "incentive stock option" within th...e meaning of Section 422 of the Code to the fullest extent permitted by law, as set forth further in Section 15 below. This Option is exercisable as hereinafter provided. View More
Grant of Option. Pursuant to the Plan, the Company, on (the "Date of Grant"), granted to Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the right and option Option to purchase from the Company all or any part of an aggregate of shares of Common Stock at the option Option price of $ per share, being not less than the Fair Market Value of such shares on the Date of Grant ("Option"). Grant. This Option is intended to be a nonqualified s...tock option and not an "incentive stock option" within the meaning of Section 422 of the Code to the fullest extent permitted by law, as set forth further in Section 15 below. Code. This Option is exercisable as hereinafter provided. View More
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Grant of Option. Pursuant to the Plan, the Company, on , 2017 ("Grant Date"), granted to Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the right and option to purchase from the Company all or any part of the aggregate of shares of Common Stock at the option price of $XX.XX per share (the "Option Price") (this grant referred to herein as the "Option"), being not less than the Fair Market Value per share of the Common Stock on the Gra...nt Date of the Option. Such Option will be exercisable as hereinafter provided. This Option is not intended to be treated as an incentive stock option under Code section 422. View More
Grant of Option. Pursuant to the Plan, the Company, on , 2017 February 26, 2016 ("Grant Date"), granted to Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the right and option to purchase from the Company all or any part of the aggregate of shares of Common Stock at the option price of $XX.XX per share (the "Option Price") (this grant referred to herein as the "Option"), Price"), being not less than the Fair Market Value per share of ...the Common Stock on the Grant Date of date the Option. option was granted. Such Option option will be exercisable as hereinafter provided. This Option option is not intended to be treated as an incentive stock option under Code section 422. View More
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Grant of Option. The Corporation hereby irrevocably grants to the Optionee the right and option (hereinafter called the Option) to purchase all or any part of an aggregate of __________ shares of the Common Stock (such number being subject to adjustment as provided in paragraph 7 hereof) on the terms and conditions herein set forth. The Option is not intended by the parties hereto to be, and shall not be treated as, an incentive stock option (as such term is defined under Section 422 of the Internal Revenue Code... of 1986 (hereinafter called the Code)). View More
Grant of Option. The Corporation hereby irrevocably grants to the Optionee the right and option (hereinafter called the Option) "Option") to purchase all or any part of an aggregate of __________ _______ shares of the Common Stock (such number being subject to adjustment as provided in paragraph 7 6 hereof) on the terms and conditions herein set forth. The Option is not intended by the parties hereto to be, and shall not be treated as, an incentive stock option (as such term is defined under Section 422 of the I...nternal Revenue Code of 1986 (hereinafter called the Code)). View More
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Grant of Option. Pursuant to authority granted to it under the Plan, the Administrator responsible for administering the Plan hereby grants to RICHARD J. KURTZ, a director of the Company ("Optionee") and as of November 12, 2015 ("Grant Date"), the following stock options: 500,000 stock options ("Options"). Each Option permits you to purchase one share of the Company's common stock, $.01 par value, at the Exercise Price ("Shares").
Grant of Option. Pursuant to authority granted to it under the Plan, the Administrator responsible for administering the Plan hereby grants to RICHARD J. KURTZ, a director of the Company ("Optionee") and as of November 12, 2015 March 14, 2016 ("Grant Date"), the following stock options: 500,000 800,000 stock options ("Options"). Each Option permits you to purchase one share of the Company's common stock, $.01 par value, at the Exercise Price ("Shares").
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Grant of Option. Subject to the terms and conditions set forth in this Option Agreement and the Plan [and to the Participant's entering into the Restrictive Covenants and Confidentiality Agreement], the Company hereby grants to the Participant the Option to purchase from the Company, at an exercise price of $ per share, up to but not exceeding in the aggregate shares of Common Stock. [Notwithstanding the foregoing, if the Participant has previously executed and delivered to the Company a Restrictive Covenants a...entiality Agreement in connection with a prior stock incentive award, the Participant shall be deemed to have satisfied such condition with respect to the grant of this Option.] The Option shall terminate at the expiration of the Option Period, unless the Option terminates earlier pursuant to this Option Agreement. 2 3. ISO Status and Limitation. The Option granted hereunder is intended to be an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"). However, if the aggregate fair market value of the shares of Common Stock (determined based on the value at the grant date) with respect to which the Option plus all other incentive stock options granted to the Participant (under all stock option plans of the Company and its parent and subsidiary corporations) are exercisable for the first time during any calendar year exceeds $100,000 (or such other limit that may apply under Section 422 of the Code), then the portion of the Option attributable to the shares with an aggregate fair market value in excess of such limit (determined in accordance with applicable rules under the Code) shall be treated as a nonstatutory stock option. View More
Grant of Option. Subject to the terms and conditions set forth in this Option Agreement and the Plan [and to the Participant's entering into the Restrictive Covenants and Confidentiality Agreement], the Company hereby grants to the Participant the Option to purchase from the Company, at an exercise price of $ per share, up to but not exceeding in the aggregate shares of Common Stock. [Notwithstanding the foregoing, if the Participant has previously executed and delivered to the Company a Restrictive Covenants a...entiality Agreement in connection with a prior stock incentive award, the Participant shall be deemed to have satisfied such condition with respect to the grant of this Option.] The Option shall terminate at the expiration of the Option Period, unless the Option terminates earlier pursuant to this Option Agreement. 2 3. ISO Status and Limitation. The Option granted hereunder is intended to be an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"). However, if the aggregate fair market value of the shares of Common Stock (determined based on the value at the grant date) with respect to which the Option plus all other incentive stock options granted to the Participant (under all stock option plans of the Company and its parent and subsidiary corporations) are exercisable for the first time during any calendar year exceeds $100,000 (or such other limit that may apply under Section 422 of the Code), then the portion of the Option attributable to the shares with an aggregate fair market value in excess of such limit (determined in accordance with applicable rules under the Code) shall be treated as a nonstatutory stock option. View More
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Grant of Option. Pursuant to, and subject to, the terms and conditions set forth herein and in the Plan, the Company hereby grants to the Participant an incentive stock option (the "Option") with respect to ( ) shares of Common Stock.
Grant of Option. Pursuant to, and subject to, the terms and conditions set forth herein and in the Plan, the Company hereby grants to the Participant an incentive a non-qualified stock option (the "Option") with respect to ( ) shares of Common Stock. Stock of the Company.
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