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. Seagate Technology Holdings public limited company, a public company incorporated under the laws of the Republic of Ireland with limited liability (the "Company"), hereby grants to the Participant named in Section 2 below (the "Participant") an option (the "Option") to purchase the number of the Company's ordinary shares (the "Shares") set forth in Section 2 below at the exercise price per Share set forth in Section 2 (the "Exercise Price") subject to the terms and conditions of the Seagate Tech...nology Holdings public limited company 2012 Equity Incentive Plan, as may be amended from time to time and including any exhibits thereto (the "Plan") and this Option Agreement, including any exhibits hereto (the "Agreement"). In the event of a conflict between the terms of the Plan and the terms of this Agreement, the terms of the Plan shall govern. Unless otherwise defined in this Agreement, any capitalized term used in this Agreement shall have the meaning assigned to such term in the Plan.View More
Grant of Option. Seagate Technology Holdings public limited company, Public Limited Company, a public company incorporated under the laws of the Republic of Ireland with limited liability (the "Company"), hereby grants to the Participant named in Section 2 below (the "Participant") an option (the "Option") to purchase the number of the Company's ordinary shares (the "Shares") set forth in Section 2 below at the exercise price per Share set forth in Section 2 (the "Exercise Price") subject to the terms and condit...ions of the Seagate Technology Holdings public limited company Public Limited Company 2012 Equity Incentive Plan, as may be amended from time to time and including any exhibits thereto (the "Plan") and this Option Agreement, including any exhibits hereto (the "Agreement"). In the event of a conflict between the terms of the Plan and the terms of this Agreement, the terms of the Plan shall govern. Unless otherwise defined in this Agreement, any capitalized term used in this Agreement shall have the meaning assigned to such term in the Plan. View More
Grant of Option. On each Grant Date, each Eligible Employee who is a participant during that Offering Period shall be granted an Option to purchase a number of shares of Common Stock. The Option shall be exercised on the Exercise Date. The number of shares of Common Stock subject to the Option shall be determined by dividing the Participant's Account balance as of the applicable Exercise Date by the Exercise Price, subject to the limits set forth in Section 8(c). (b) Exercise Price. The Exercise Price per share ...of the shares subject to an Option for an Offering Period shall be the lesser of: (1) 85% of the Fair Market Value of a share of Common Stock on the applicable Grant Date; or (2) 85% of the Fair Market Value of a share of Common Stock on the applicable Exercise Date. The Committee may, however, provide prior to the start of an Offering Period that the Exercise Price per share of Common Stock for that Offering Period shall be determined (1) based on a different discount amount (as opposed to a full 15% discount as contemplated by the preceding sentence) provided that in no event shall the applicable discount amount be greater than 15%, and/or (2) based on the applicable discount amount applied to the Fair Market Value of a share of Common Stock on the applicable Grant Date or Exercise Date (as -7- opposed to the lesser of the Fair Market Value of a share on the Grant Date or the Fair Market Value of a share on the Exercise date as contemplated by the preceding sentence). Notwithstanding anything to the contrary in the preceding provisions of this Section 8(b), in no event shall the Exercise Price per share be less than the par value of a share of Common Stock. (c) Limits on Share Purchases. Notwithstanding anything else contained herein, no Option shall be granted under this Plan to the extent: (1) it would, if exercised, cause the person to own stock (within the meaning of Section 423 of the Code) possessing 5% or more of the total combined voting power or value of all classes of stock of the Corporation or of any Subsidiary; or (2) it would, if exercised, cause the person to Beneficially Own or Constructively Own Equity Shares in excess of 9.8% of the lesser of the number or value of the then-outstanding Equity Shares, except as otherwise permitted in accordance with the Corporation's charter. For purposes of the foregoing, a right to purchase stock accrues when it first become exercisable during the calendar year. In determining whether the stock ownership of an Eligible Employee equals or exceeds the 5% limit set forth above, the rules of Section 424(d) of the Code (relating to attribution of stock ownership) shall apply, and stock that the Eligible Employee may purchase under outstanding options shall be treated as stock owned by the Eligible Employee.View More
Grant of Option. On each Grant Date, each Eligible Employee who is a participant Participant during that Offering Period shall be granted an Option to purchase a number of shares of Common Stock. The Option shall be exercised on the Exercise Date. The number of shares of Common Stock subject to the Option shall be determined by dividing the Participant's Account balance as of the applicable Exercise Date by the Exercise Option Price, subject to the limits set forth in of Section 8(c). (b) Exercise (b)Option Pric...e. The Exercise Option Price per share of the shares subject to an Option for an Offering Period shall be the lesser of: (i) 85% of the Fair Market Value of a Share on the Grant Date of that Offering Period; or (ii) 85% of the Fair Market Value of a Share on the Exercise Date of that Offering Period; provided, however, that the Committee may provide prior to the start of any Offering Period that the Option Price for that Offering Period shall be determined by applying a discount amount (not to exceed 15%) to either (1) 85% the Fair Market Value of a share of Common Stock on that Grant Date of that Offering Period, or (2) the Fair Market Value of a share of Common Stock on the Exercise Date of that Offering Period, or (3) the lesser of the Fair Market Value of a share of Common Stock on the applicable Grant Date; Date of that Offering Period or (2) 85% of the Fair Market Value of a share of Common Stock on the applicable Exercise Date. The Committee may, however, provide prior to the start Date of an Offering Period that the Exercise Price per share of Common Stock for that Offering Period shall be determined (1) based on a different discount amount (as opposed to a full 15% discount as contemplated by the preceding sentence) provided that in no event shall the applicable discount amount be greater than 15%, and/or (2) based on the applicable discount amount applied to the Fair Market Value of a share of Common Stock on the applicable Grant Date or Exercise Date (as -7- opposed to the lesser of the Fair Market Value of a share on the Grant Date or the Fair Market Value of a share on the Exercise date as contemplated by the preceding sentence). Period. Notwithstanding anything to the contrary in the preceding provisions of this Section 8(b), in no event shall the Exercise Option Price per share be less than the par value of a share of Common Stock. (c) Limits (c)Limits on Share Purchases. Notwithstanding anything else contained herein, no the maximum number of shares subject to an Option for an Offering Period shall be subject to the Individual Limit in effect on the Grant Date of that Offering Period (subject to adjustment pursuant to Section 17) and any person who is otherwise an Eligible Employee shall not be granted any Option (or any Option granted shall be subject to compliance with the following limitations) or other right to purchase shares under this Plan to the extent: (1) it (1)it would, if exercised, cause the person to own stock (within the meaning of Section 423 423(b)(3) of the Code) possessing 5% or more of the total combined voting power or value of all classes of stock of the Corporation Company, or of any Parent, or of any Subsidiary; or (2) it would, if exercised, cause the person (2)such Option causes such individual to Beneficially Own or Constructively Own Equity Shares in excess of 9.8% have rights to purchase stock under this Plan and any other plan of the lesser Company, any Parent, or any Subsidiary which is qualified under Section 423 of the number or Code which accrue at a rate which exceeds $25,000 of the fair market value of the then-outstanding Equity Shares, except as otherwise permitted stock of the Company, of any Parent, or of any Subsidiary (determined at the time the right to purchase such stock is granted, before giving effect to any discounted purchase price under any such plan) for each calendar year in accordance with the Corporation's charter. For which such right is outstanding at any time.For purposes of the foregoing, a right to purchase stock accrues when it first become becomes exercisable during the calendar year. In determining whether the stock ownership of an Eligible Employee equals or exceeds the 5% limit set forth above, the rules of Section 424(d) of the Code (relating to attribution of stock ownership) shall apply, and stock that which the Eligible Employee may purchase under outstanding options shall be treated as stock owned by the Eligible Employee. View More
Grant of Option. The Company hereby grants to Optionee an Option to purchase the number of shares of Common Stock (the "Shares") set forth in the Notice of Stock Option Grant above ("Notice of Grant"), at the exercise price per share set forth in the Notice of Grant (the "Exercise Price"). Notwithstanding anything to the contrary anywhere else in this Option Agreement, this grant of an Option is subject to the terms, definitions and provisions of the Plan, which is incorporated herein by reference.If designated ...in the Notice of Grant as an Incentive Stock Option, this Option is intended to qualify as an Incentive Stock Option as defined in Section 422 of the Code; provided, however, that to the extent that the aggregate Fair Market Value of the Common Stock with respect to which Incentive Stock Options (within the meaning of Code Section 422, but without regard to Code Section 422(d)), including the Option, are exercisable for the first time by Optionee during any calendar year (under the Plan and all other incentive stock option plans of the Company (or any "parent corporation" or "subsidiary corporation" thereof within the meaning of Code Sections 424(e) or 424(f), respectively)) exceeds $100,000, such options shall be treated as not qualifying under Code Section 422, but rather shall be treated as Non-Qualified Stock Options to the extent required by Code Section 422. The rule set forth in the preceding sentence shall be applied by taking options into account in the order in which they were granted. For purposes of these rules, the Fair Market Value of the Common Stock shall be determined as of the time the option with respect to such stock is granted.View More
Grant of Option. The Company hereby irrevocably grants from the Plan to Optionee an Option to purchase the number of shares of Common Stock (the "Shares") Shares set forth in the Notice of Stock Option Grant above ("Notice of Grant"), at the exercise price per share Share set forth in the Notice of Grant (the "Exercise Price"). Price") and subject to the Vesting Schedule. Notwithstanding anything to the contrary anywhere else in this Stock Option Agreement, this grant of an the Option is subject to the terms, de...finitions and provisions of the Plan, Plan adopted by the Company, which is incorporated herein by reference.If reference. If designated in the Notice of Grant as an Incentive Stock Option, this Option is intended to qualify as an Incentive Stock Option as defined in Section 422 of the Code; provided, however, that to the extent that the aggregate Fair Market Value of the Common Stock stock with respect to which Incentive Stock Options (within the meaning of Code Section 422, but without regard to Code Section 422(d)), including the Option, are exercisable for the first time by Optionee during any calendar year (under the Plan and all other incentive stock option plans of the Company (or any "parent corporation" or "subsidiary corporation" thereof within the meaning of Code Sections 424(e) or 424(f), respectively)) year, exceeds $100,000, such options shall be treated as not qualifying under Code Section 422, but rather shall be treated as Non-Qualified Stock Options to the extent required by Code Section 422. The rule set forth in the preceding sentence shall be applied by taking options into account in the order in which they were granted. For purposes of these rules, the Fair Market Value of the Common Stock stock shall be determined as of the time the option with respect to such stock is granted. View More
Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Participant a nonqualified stock option (the "Option") to purchase [●] shares of Company Stock (each a "Share", and together the "Shares") at an Exercise Price of $[●] per Share. The Option shall become exercisable according to Section 2 below.
Grant of Option. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants to the Participant a nonqualified stock option (the "Option") to purchase [●] [•] shares of Company Stock (each a "Share", and together the "Shares") at an Exercise Price of $[●] $[•] per Share. The Option shall become exercisable according to Section 2 below.
Grant of Option. Tile Shop Holdings, Inc., a Delaware corporation (the "Company"), hereby grants to [ ] (the "Optionee"), an option (the "Option"), pursuant to the Company's 2021 Omnibus Equity Compensation Plan (the "Plan"), to purchase an aggregate of [ ] shares (the "Underlying Shares") of Common Stock, par value $0.0001 per share ("Common Stock"), of the Company at a price of $[ ] per share (the "Exercise Price"), purchasable as set forth in and subject to the terms and conditions of this Nonqualified Stock ...Option Agreement (the "Agreement") and the Plan. Except where the context otherwise requires, the term "Company" shall include the parent and all Subsidiaries of the Company. Capitalized terms used but not otherwise defined herein shall have the meaning ascribed to such terms in the Plan. To the extent that any term of this Agreement conflicts or is otherwise inconsistent with any term of the Plan, as amended from time to time, the terms of the Plan shall take precedence and supersede any such conflicting or inconsistent term contained herein.View More
Grant of Option. Tile Shop Holdings, Inc., a Delaware corporation (the "Company"), hereby grants to [ ] (the "Optionee"), "Employee"), an option (the "Option"), pursuant to the Company's 2021 Omnibus Equity Compensation Plan (the "Plan"), to purchase an aggregate of [ ] shares (the "Underlying Shares") of Common Stock, par value $0.0001 per share ("Common Stock"), of the Company at a price of $[ ] per share (the "Exercise Price"), purchasable as set forth in and subject to the terms and conditions of this Nonqua...lified Incentive Stock Option Agreement (the "Agreement") and the Plan. Except where the context otherwise requires, the term "Company" shall include the parent and all Subsidiaries subsidiaries of the Company. Company as defined in Sections 424(e) and 424(f) of the Internal Revenue Code of 1986, as amended (the "Code"). Capitalized terms used but not otherwise defined herein shall have the meaning ascribed to such terms in the Plan. To the extent that any term of this Agreement conflicts or is otherwise inconsistent with any term of the Plan, as amended from time to time, the terms of the Plan shall take precedence and supersede any such conflicting or inconsistent term contained herein. View More
Grant of Option. The Company hereby grants to the Optionee, as of the Grant Date specified above, an incentive stock option (this "Option") to acquire from the Company at the Per Share Exercise Price specified above the aggregate number of shares of the Common Stock specified above (the "Option Shares"). This Option is to be treated as (and is intended to qualify as) an incentive stock option within the meaning of Section 422 of the Code.
Grant of Option. The Company hereby grants to the Optionee, Grantee, as of the Grant Date specified above, an incentive a non-qualified stock option (this "Option") to acquire from the Company at the Per Share Exercise Price specified above the aggregate number of shares of the Common Stock specified above (the "Option Shares"). This Option is not to be treated as (and is not intended to qualify as) an incentive stock option within the meaning of Section 422 of the U.S. Code.
Grant of Option. The Company hereby grants to the Participant, on [date] (the "Date of Grant"), the right and option to purchase, in whole or in part, on the terms provided herein and in the Plan, a total of [•] Class A Units, subject to adjustment as set forth in the Plan. The exercise price of the Option shall be [$•]1 per Class A Unit (the "Option Price"), which is not less than the Fair Market Value of the Class A Units on the Date of Grant. The Option is granted pursuant to and is governed in all respects b...y the Plan. The term "Reference Date" as used herein shall mean [date].View More
Grant of Option. The Company hereby grants to the Participant, on [date] (the "Date of Grant"), the right and option Grant") an Option to purchase, in whole or in part, on the terms provided herein and in the Plan, Plan a total of [•] Class [•]Class A Units, subject to adjustment as set forth in the Plan. The exercise price of the Option shall be [$•]1 per Class A Unit (the "Option Price"), Price") which is not less than the Fair Market Value of the Class A Units on as of the Date of Grant. The Option is granted... pursuant to and is governed in all respects by the Plan. The term "Reference Date" as used herein shall mean [date].View More
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 set forth above as Option Shares (collectively, the "Shares") exercisable at the Exercise Price Per Share, as set forth above (the "Exercise Price"), subject to all of the terms and conditions of the Agreement and the Plan. This Option may not be exercised for a fraction of a share.
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 common stock of the Company ("Common Stock"), set forth above as Option Shares (collectively, the "Shares") exercisable at the Exercise Price Per Share, as Share set forth above (the "Exercise Price"), subject to all of the terms and conditions of the Agreement and the Plan. This Option may not be exercised for a fraction of a share. this Agreement.
Grant of Option. (a) On each Offering Date, each Participant shall be deemed to have been granted an option to purchase as many Shares (rounded down to the nearest whole Share) as may be purchased with his or her Contributions during the related Offering Period at the Purchase Price; provided, however, that such option shall be subject to the limitations set forth in Section 7(b) below and Section 11, and may be reduced pursuant to Section 6, in each case, if applicable. (b) Notwithstanding any contrary provisio...ns of the Plan, each option to purchase Shares under the Plan shall be limited as necessary to prevent any Employee from (i) immediately after the grant, owning capital stock of the Company and holding outstanding options to purchase capital stock of the Company possessing, in the aggregate, more than 5% of the total combined voting power or value of all classes of stock of the Company or of any Subsidiary, including for this purpose any stock attributed to such Employee pursuant to Section 424(d) of the Code, (ii) acquiring rights to purchase stock under all employee stock purchase plans (as described in Section 423 of the Code or any other similar arrangements maintained by the Company or any of its Subsidiaries) of the Company and its Subsidiaries which accrue at a rate that exceeds $25,000 of the Fair Market Value of such stock (determined at the time such option is granted) for each calendar year in which such option is outstanding and exercisable at any time, or (iii) purchasing, in respect of any Offering Period, more than the Maximum Number of Shares.View More
Grant of Option. (a) On each Offering Date, each Participant shall be deemed to have been granted an option to purchase as many Shares (rounded down to the nearest whole Share) as may be purchased with his or her Contributions during the related Offering Period at the Purchase Price; provided, however, that such option shall be subject to the limitations set forth in Section 7(b) below and Section 11, and may be reduced pursuant to Section 6, in each case, if applicable. (b) Notwithstanding any contrary provisio...ns of the Plan, each option to purchase Shares under the Plan shall be limited as necessary to prevent any Employee from (i) immediately after the grant, owning capital stock of the Company and holding outstanding options to purchase capital stock of the Company possessing, in the aggregate, more than 5% of the total combined voting power or value of all classes of stock of the Company or of any Subsidiary, including for this purpose any stock attributed to such Employee pursuant to Section 424(d) of the Code, (ii) acquiring rights to purchase stock under all employee stock purchase plans (as described in Section 423 of the Code or any other similar arrangements maintained by the Company or any of its Subsidiaries) of the Company and its Subsidiaries which accrue at a rate that exceeds $25,000 of the Fair Market Value of such stock (determined at the time such option is granted) for each calendar year in which such option is outstanding and exercisable at any time, or (iii) purchasing, in respect of any Offering Period, more than the Maximum Number of Shares. 5 8. Exercise of Option; Interest. (a) Unless a Participant withdraws from the Plan as provided in Section 10, his or her option for the purchase of Shares will be exercised automatically on the applicable Purchase Date, and the number of full Shares subject to the option will be purchased at the applicable Purchase Price with the accumulated Contributions in his or her notional account. No fractional Shares shall be issued. Any amounts accumulated in a Participant's notional account that are not used to purchase Shares (other than any amount that is not sufficient to purchase a full Share, which shall be automatically carried forward to the next Offering Period) shall be refunded to the Participant as soon as practicable following the Purchase Date. Notwithstanding Section 9 below, the Shares purchased upon exercise of an option hereunder shall be deemed to be transferred to the Participant as of the Purchase Date. During his or her lifetime, a Participant's option to purchase Shares hereunder is exercisable only by him or her. (b) At the time an option granted under the Plan is exercised, in whole or in part, or at the time some or all of the Common Stock issued to a Participant under the Plan is disposed of, the Participant must make adequate provisions for any applicable federal, state, or other tax withholding obligations, if any, that arise upon the Purchase Date or the disposition of the Common Stock. At any time, the Company or a Designated Subsidiary may, but will not be obligated to, withhold from the Participant's compensation the amount necessary to meet applicable withholding obligations, including any withholding required to make available to the Company any tax deductions or benefits attributable to the sale or disposition of Common Stock by the Participant earlier than as described in Section 423(a)(1) of the Code. (c) No interest will be paid or allowed on any money paid into the Plan or credited to the notional account of any Participant. View More
Grant of Option. (a) On each Offering Date, each Participant shall be deemed to have been granted an option to purchase as many Shares (rounded down to the nearest whole Share) as may be purchased with his or her Contributions during the related Offering Period at the Purchase Price; provided, however, that such option shall be subject to the limitations set forth in Section 7(b) below and Section 11, and may be reduced pursuant to Section 6, in each case, if applicable. (b) Notwithstanding any contrary provisio...ns of the Plan, each option to purchase Shares under the Plan shall be limited as necessary to prevent any Employee from (i) immediately after the grant, owning capital stock of the Company and holding outstanding options to purchase capital stock of the Company possessing, in the aggregate, more than 5% of the total combined voting power or value of all classes of stock of the Company or of any Subsidiary, including for this purpose any stock attributed to such Employee pursuant to Section 424(d) of the Code, (ii) acquiring rights to purchase stock under all employee stock purchase plans (as described in Section 423 of the Code or any other similar arrangements maintained by the Company or any of its Subsidiaries) of the Company and its Subsidiaries which accrue at a rate that exceeds $25,000 of the Fair Market Value of such stock (determined at the time such option is granted) for each calendar year in which such option is outstanding and exercisable at any time, or (iii) purchasing, in respect of any Offering Period, more than the Maximum Number of Shares. 5 8. Exercise of Option; Interest. (a) Unless a Participant withdraws from the Plan as provided in Section 10, his or her option for the purchase of Shares will be exercised automatically on the applicable Purchase Date, and the number of full Shares subject to the option will be purchased at the applicable Purchase Price with the accumulated Contributions in his or her notional account. No fractional Shares shall be issued. Any amounts accumulated in a Participant's notional account that are not used to purchase Shares (other than any amount that is not sufficient to purchase a full Share, which shall be automatically carried forward to the next Offering Period) shall be refunded to the Participant as soon as practicable following the Purchase Date. Notwithstanding Section 9 below, the Shares purchased upon exercise of an option hereunder shall be deemed to be transferred to the Participant as of the Purchase Date. During his or her lifetime, a Participant's option to purchase Shares hereunder is exercisable only by him or her. (b) At the time an option granted under the Plan is exercised, in whole or in part, or at the time some or all of the Common Stock issued to a Participant under the Plan is disposed of, the Participant must make adequate provisions for any applicable federal, state, or other tax withholding obligations, if any, that arise upon the Purchase Date or the disposition of the Common Stock. At any time, the Company or a Designated Subsidiary may, but will not be obligated to, withhold from the Participant's compensation the amount necessary to meet applicable withholding obligations, including any withholding required to make available to the Company any tax deductions or benefits attributable to the sale or disposition of Common Stock by the Participant earlier than as described in Section 423(a)(1) of the Code. (c) No interest will be paid or allowed on any money paid into the Plan or credited to the notional account of any Participant. View More
Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase all or any part of an aggregate of 25,000 Common Shares. The Option is in all respects limited and conditioned as hereinafter provided.
Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase all or any part of an aggregate of 25,000 20,000 Common Shares. The Option is in all respects limited and conditioned as hereinafter provided.
