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. The Company hereby grants to the Optionee an option (the "Option") to purchase the number of shares of Common Stock of the Company (the "Shares") set forth below, at the exercise price per Share set forth below (the "Exercise Price"), subject to the terms and conditions of the Plan, which is incorporated herein by reference. In the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Option Agreement, the terms and conditions of the Plan will prev...ail. Grant Number: Optionee: Grant Date: Vesting Commencement Date: Total Number of Shares of Stock Subject to the Option: Exercise Price per Share: Total Exercise Price: Type of Option (check one): Incentive Stock Option Non-Statutory Stock Option Term/Expiration Date: Earlier Expiration: See Section 6.View More
Grant of Option. The Company hereby grants to the Optionee an option (the "Option") to purchase the number of shares of Common Stock of the Company (the "Shares") set forth below, at the exercise price per Share set forth below (the "Exercise Price"), subject to the terms and conditions of the Plan, which is incorporated herein by reference. In the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Option Agreement, the terms and conditions of the Plan will prev...ail. Grant Number: Optionee: Grant Date: Vesting Commencement Date: Total Number of Shares of Stock Subject to the Option: Shares Exercise Price per Share: $ per Share Total Exercise Price: $ Type of Option (check one): X Incentive Stock Option Non-Statutory Stock Option Term/Expiration Date: Earlier Expiration: See Section 6. View More
Grant of Option. Pursuant to the InspireMD, Inc. 2021 EQUITY COMPENSATION PLAN (the "Plan") for key Employees, key Contractors, and Outside Directors of InspireMD, Inc., a Delaware corporation (the "Company"), and its Subsidiaries (collectively, the "Group"), the Company grants to [*] (the "Participant"), an option (the "Option" or "Stock Option") to purchase a total of [*] full shares of Common Stock of the Company (the "Optioned Shares") at an "Option Price" equal to $[*] per share (being equal to the Fair Mar...ket Value per share of the Common Stock on the Date of Grant). The "Date of Grant" of this Stock Option is [*]. The "Option Period" shall commence on the Date of Grant and shall expire on the date immediately preceding the tenth (10th) anniversary of the Date of Grant, unless terminated earlier in accordance with Section 4 below. To receive this Award, the Participant must sign this Nonqualified Stock Option Agreement (this "Agreement") and return it to the Company by [*]. By signing this Agreement, the Participant agrees to be bound by the terms and conditions herein, the Plan and any and all conditions established by the Company in connection with Awards issued under the Plan, and the Participant further acknowledges and agrees that this Award does not confer any legal or equitable right (other than those rights constituting the Award itself) against the Company directly or indirectly, or give rise to any cause of action at law or in equity against the Company.View More
Grant of Option. Pursuant to the InspireMD, Inc. 2021 EQUITY COMPENSATION PLAN Equity Compensation Plan (the "Plan") for key Employees, key Contractors, and Outside Directors of InspireMD, Inc., a Delaware corporation (the "Company"), and its Subsidiaries (collectively, the "Group"), the Company grants to [*] (the "Participant"), an option (the "Option" or "Stock Option") to purchase a total of [*] full shares of Common Stock of the Company (the "Optioned Shares") at an "Option Price" equal to $[*] per share (be...ing equal to the Fair Market Value per share of the Common Stock on the Date of Grant). The "Date of Grant" of this Stock Option is [*]. The "Option Period" shall commence on the Date of Grant and shall expire on the date immediately preceding the tenth (10th) anniversary of the Date of Grant, unless terminated earlier in accordance with Section 4 below. The Company has designated the Stock Option as an Approved 102 Incentive (i.e., a Stock Option issued pursuant to Section 102(b) of the Ordinance) and held in trust by a trustee for the benefit of the Participant), and has classified it as a Capital Gain Incentive that qualifies for tax treatment in accordance with the provisions of Section 102(b)(3) of the Ordinance. To receive this Award, the Participant must sign this Nonqualified Stock Option Agreement (this "Agreement") and return it to the Company by [*]. By signing this Agreement, the Participant agrees to be bound by the terms and conditions herein, the Plan and any and all conditions established by the Company in connection with Awards issued under the Plan, and the Participant further acknowledges and agrees that this Award does not confer any legal or equitable right (other than those rights constituting the Award itself) against the Company directly or indirectly, or give rise to any cause of action at law or in equity against the Company. 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 _____ (_____) shares of Common Stock. The Option is in all respects limited and conditioned as hereinafter provided, and is subject in all respects to the terms and conditions of the Plan now in effect and as it may be amended from time to time (but only to the extent that such amendments apply to outstanding options). Such terms and conditions are incorporated herein by r...eference, made a part hereof, and shall control in the event of any conflict with any other terms of this Option Agreement. The Option granted hereunder is intended to be [a nonqualified/an incentive] stock option ("[NQSO/ISO]") meeting the requirements of the Plan [/and section 422 of the Internal Revenue Code of 1986, as amended (the "Code"), and not a nonqualified stock option].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 _____ (_____) shares of Common Stock. The Option is in all respects limited and conditioned as hereinafter provided, provided and is subject in all respects to the terms and conditions of the Plan now in effect and as it may be amended from time to time (but only to the extent that such amendments apply to outstanding options). Such terms and conditions are incorporated he...rein by reference, made a part hereof, and shall control in the event of any conflict with any other terms of this Option Agreement. The Option granted hereunder is intended to be [a nonqualified/an incentive] an incentive stock option ("[NQSO/ISO]") ("ISO") meeting the requirements of the Plan [/and and section 422 of the Internal Revenue Code of 1986, as amended (the "Code"), and not a nonqualified stock option]. option ("NQSO"). View More
Grant of Option. This Non-Qualified Stock Option Award Agreement (this "Award Agreement") sets forth the terms and conditions of the Non-Qualified Stock Option Award (the "Award" or the "Option") granted to you by the Board of Directors of Paychex, Inc. (the "Company") under the Company's 2002 Stock Incentive Plan, as amended and restated effective October 15, 2020 (the "Plan"), as described on your Award Notice. The Award is subject to all of the provisions of the Plan, which is hereby incorporated by reference... and made a part of this Award Agreement. The capitalized terms used in this Award Agreement, and not otherwise defined herein, are defined in the Plan.View More
Grant of Option. This Non-Qualified Stock Option Award Agreement (this "Award Agreement") sets forth the terms and conditions of the Non-Qualified Stock Option Award (the "Award" or the "Option") "Award") granted to you by the Board of Directors of Paychex, Inc. (the "Company") under the Company's 2002 Stock Incentive Plan, as amended and restated effective October 15, 2020 14, 2015 (the "Plan"), as described on your Award Notice. The Award is subject to all of the provisions of the Plan, which is hereby incorpo...rated by reference and made a part of this Award Agreement. The capitalized terms used in this Award Agreement, and not otherwise defined herein, are defined in the Plan. View More
Grant of Option. The Company hereby grants to the Optionee the right and option (the "Option") to purchase up to four percent of the Company's 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 up to four five percent of the Company's Common Shares. The Option is in all respects limited and conditioned as hereinafter provided.
Grant of Option. Pursuant to the terms and conditions of this Option Agreement and the Plan (which is incorporated herein by reference), the Company hereby grants to the Optionee an Option to purchase shares of Common Stock (the "Option Shares") as provided in the Award Notice. The exercise price at which the Option Shares may be purchased (the "Option Exercise Price") and the vesting schedule of the Option are set forth in the Award Notice. The number and class of securities, vesting schedule and exercise price... per share subject to this Option are subject to adjustment as set forth in the Plan. In the event of a conflict between the terms and conditions of the Plan and this Option Agreement, the terms and conditions of the Plan shall prevail. Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Plan. 2. Vesting of Option. Subject to the provisions of the Plan, Section 3 of this Option Agreement and the right of the Company to accelerate the date upon which any or all of this Option would otherwise become exercisable, the Optionee shall be entitled to exercise this Option with respect to all or a portion of the percentage or number of the Option Shares provided in the Award Notice. Notwithstanding the foregoing, in the event that the Optionee's Service (as defined below) is terminated as a result of the death or Permanent Disability (as defined in Section 23(e)(3) of the Code) of the Optionee, the Option shall become fully vested upon such termination. For purposes of this Agreement, the term "Service" shall mean service as a Service Provider to the Company, and the term "Service Provider" shall mean an employee, officer or director of the Company or an Affiliate of the Company, or a consultant currently providing services to the Company or an Affiliate of the Company. Whether a termination of Service shall have occurred for purposes of this Agreement shall be determined by the Company, which determination shall be final, binding and conclusive.View More
Grant of Option. Pursuant to the terms and conditions of this Option Agreement and the Plan (which is incorporated herein by reference), the Company hereby grants to the Optionee an Option to purchase shares of Common Stock (the "Option Shares") as provided in the Award Notice. The exercise price at which the Option Shares may be purchased (the "Option Exercise Price") and the vesting schedule of the Option are set forth in the Award Notice. The number and class of securities, vesting schedule and exercise price... per share subject to this Option are subject to adjustment as set forth in the Plan. In the event of a conflict between the terms and conditions of the Plan and this Option Agreement, the terms and conditions of the Plan shall prevail. Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Plan. 2. Vesting of Option. Subject to the provisions of the Plan, Section 3 of this Option Agreement and the right of the Company to accelerate the date upon which any or all of this Option would otherwise become exercisable, the Optionee shall be entitled to exercise this Option with respect to all or a portion of the percentage or number of the Option Shares provided in the Award Notice. Notwithstanding the foregoing, in the event that the Optionee's Service (as defined below) is terminated as a result of of: (i) the death or Permanent Disability (as defined in Section 23(e)(3) of the Code) of the Optionee, the Option shall become fully vested upon such termination. termination, or (ii) the Optionee's Retirement (as defined below), the Options shall continue to vest in accordance with the vesting schedule specified in the Award Notice as though the Optionee remained a Service Provider (as defined below) to the Company through the final vesting date; provided, however, that the Option shall not be eligible for the treatment described in this Section 2(ii) if the grant date is within ninety (90) days of the Optionee's Retirement. For purposes of this Agreement, the term "Service" shall mean service as a Service Provider to the Company, and the term "Service Provider" shall mean an employee, officer or director of the Company or an Affiliate of the Company, or a consultant currently providing services to the Company or an Affiliate of the Company. Whether a termination of Service shall have occurred for purposes of this Agreement shall be determined by the Company, which determination shall be final, binding and conclusive. For purposes of this Agreement, the term "Retirement" shall mean an Optionee's termination of Service other than by the Company for Cause on or after the earlier of (a) attaining age 65, or (b) attaining age 55 and completing 10 years of continuous Service with the Company. (Hologic, Inc. U.S. NQSO Agreement - Page 2) 3. Termination of Service. If the Optionee's Service is terminated (a "Termination"), then unless otherwise provided in this Option Agreement or the Plan, this Option may be exercised as to all shares with respect to which Optionee could exercise this Option on the date of Termination, and which shares have not been previously purchased, until the earlier of the Expiration Date, or: (i)in the case of a Termination by reason of death or Permanent Disability, one year after such Termination; (ii)in the case of a Termination due to Retirement, ninety (90) days after the date that the last of the stock options granted to the Optionee under the Plan (including, but not limited to the Option subject to this Option Agreement) vest;(iii)in all other cases, ninety (90) days after the Termination; or such other date as determined by the Company, and there shall be no further vesting of the Option after such Termination. Notwithstanding any provision of this Option Agreement to the contrary, in no event may this Option be exercised after the Expiration Date set forth in the Award Notice. Notwithstanding the foregoing, in the case of a Termination for cause, the ability to exercise this Option may be terminated on such earlier date as the Company may specify, and such date may be set so as to prevent the Optionee from further exercising any portion of this Option. View More
Grant of Option. Subject in all respects to the Plan and the terms and conditions set forth herein and therein, the Executive is hereby granted an Option to purchase from the Company 69,113 shares of Common Stock, at a price per share equal to 125% of the Fair Market Value of the Company's stock on the grant date, or $257.78 (the "Option Price"), provided that, notwithstanding anything in this Agreement, the Plan, or any agreement between the Executive and the Company to the contrary, in the event that on or pri...or to January 1, 2020, (i) a Change in Control occurs, and (ii) the Executive incurs a Termination without Cause or for Good Reason (the "Early Trigger Event"), this Option shall be an Option to purchase 13,823 shares of Common Stock, and the portion of this Option with respect to 55,290 shares of Common Stock shall be deemed forfeited and canceled as of the date of such Early Trigger Event.View More
Grant of Option. Subject in all respects to the Plan and the terms and conditions set forth herein and therein, the Executive is hereby granted an Option to purchase from the Company 69,113 79,411 shares of Common Stock, at a price per share equal to 125% 135% of the Fair Market Value of the Company's stock on the grant date, or $257.78 $278.40 (the "Option Price"), provided that, notwithstanding anything in this Agreement, the Plan, or any agreement between the Executive and the Company to the contrary, in the ...event that on or prior to January 1, 2020, (i) a Change in Control occurs, and (ii) the Executive incurs a Termination without Cause or for Good Reason (the "Early Trigger Event"), this Option shall be an Option to purchase 13,823 purchase15,882 shares of Common Stock, and the portion of this Option with respect to 55,290 63,529 shares of Common Stock shall be deemed forfeited and canceled as of the date of such Early Trigger Event. View More
Grant of Option. STERIS hereby grants to Optionee, as of the date ("Date of Grant") set forth above and in the Acknowledgment and Acceptance Form accompanying this Agreement ("Acknowledgment"), an option (the "Option") to purchase all or any number of an aggregate of the number of STERIS Ordinary Shares, par value ten pence per share, as previously disclosed to Optionee and as reflected in the records of STERIS as granted as of the Date of Grant, at an exercise price equal to 110% of the closing sales price per ...share of STERIS's Ordinary Shares as of the Date of Grant and as reported on the New York Stock Exchange Composite Tape (the "Option Price"), upon and subject to the terms of this Agreement and the Plan.View More
Grant of Option. STERIS hereby grants to Optionee, as of the date ("Date of Grant") set forth above and in the Acknowledgment and Acceptance Form accompanying this Agreement ("Acknowledgment"), ("Acknowledgment") an option (the "Option") to purchase all or any number of an aggregate of the number of STERIS Ordinary Shares, par value ten pence per share, as previously disclosed to Optionee and as reflected in the records of STERIS as granted as of the Date of Grant, at an exercise price equal to 110% of the clos...er share of STERIS's Ordinary Shares as of the Date of Grant and as reported on the New York Stock Exchange Composite Tape (the "Option Price"), upon and subject to the terms of this Agreement and the Plan. View More
Grant of Option. Subject to and upon the terms, conditions and restrictions set forth in this Agreement and in the Plan, pursuant to authorization under a resolution of the Committee that was duly adopted on , 20 , the Company has granted to the Grantee as of , 20 (the "Date of Grant") an Option Right to purchase shares of Common Stock (the "Option") at an Option Price of $ per share of Common Stock, which represents at least the Market Value per Share on the Date of Grant (the "Option Exercise Price").
Grant of Option. Subject to and upon the terms, conditions and restrictions set forth in this Agreement and in the Plan, pursuant to authorization under a resolution of the Committee that was duly adopted on , 20 , the Company Corporation has granted to the Grantee as of , 20 (the "Date of Grant") an Option Right to purchase shares of Common Stock Shares (the "Option") at an Option Exercise Price of $ per share of Common Stock, Share, which represents at least the Fair Market Value per Share on the Date of Grant... (the "Option Exercise Price"). View More
Grant of Option. The Participant named in the Notice has been granted an Option for the number of Shares set forth in the Notice at the exercise price per Share set forth in the Notice (the "Exercise Price"). This Option shall be treated as a Nonqualified Stock Option ("NSO").
Grant of Option. The Participant named in the Notice has been granted an Option for the number of Shares set forth in the Notice of Grant at the exercise price per Share set forth in the Notice of Grant (the "Exercise Price"). This The Option shall be treated as is a Nonqualified Stock Option ("NSO").