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. This agreement evidences the grant by Daré Bioscience, Inc., a Delaware corporation (the "Company"), on ###GRANT_DATE### (the "Grant Date") to ###PARTICIPANT_NAME### (the "Participant"), of an option to purchase, in whole or in part, on the terms provided herein and in the Company's Amended and Restated 2014 Stock Incentive Plan (the "Plan"), a total of ###TOTAL_AWARDS### shares (the "Shares") of common stock, $0.0001 par value per share, of the Company ("Common Stock") at a price of ###GRANT_P...RICE### per Share. Unless earlier terminated, this option shall expire at 5:00 p.m., Eastern Time, on ###EXPIRY_DATE### (the "Final Exercise Date"). It is intended that the option evidenced by this agreement shall not be an incentive stock option as defined in Section 422 of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the "Code"). Except as otherwise indicated by the context, the term "Participant", as used in this option, shall be deemed to include any person who acquires the right to exercise this option validly under its terms.View More
Grant of Option. This agreement evidences the grant by Daré Bioscience, Inc., a Delaware corporation (the "Company"), on ###GRANT_DATE### (the "Grant Date") to ###PARTICIPANT_NAME### (the "Participant"), of an option Option to purchase, in whole or in part, on the terms provided herein and in the Company's Amended and Restated 2014 Daré Bioscience, Inc. 2022 Stock Incentive Plan (the "Plan"), a total of ###TOTAL_AWARDS### shares (the "Shares") of common stock, $0.0001 par value per share, of the Company ("Comm...on Stock") at a price of ###GRANT_PRICE### per Share. Unless earlier terminated, this option Option shall expire at 5:00 p.m., Eastern Time, on ###EXPIRY_DATE### (the "Final Exercise Date"). It Subject to Section 4, it is intended that the option evidenced by this agreement Option shall not be an incentive stock option as defined in Section 422 of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the "Code"). Incentive Stock Option. Except as otherwise indicated by the context, the term "Participant", as used in this option, Option, shall be deemed to include any person who acquires the right to exercise this option Option validly under its terms. View More
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 option (the "Option") with respect to shares of Common Stock of the Company. 66.67% of the Option will be a Time-Based Option to purchase shares of Common Stock, and 33.33% of the Option will be a Performance-Based Option to purchase 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 option (the "Option") with respect to shares of Common Stock of the Company. 66.67% 33.33% of the Option will be a Time-Based Option to purchase shares of Common Stock, and 33.33% 66.67% of the Option will be a Performance-Based Option to purchase shares of Common Stock.
Grant of Option. LGM does by this Agreement, in exchange for $100, grant the Company an option to acquire any license or licenses (the "License") awarded to LGM to cultivate, manufacture and/or sell marijuana in Long Beach, California.
Grant of Option. LGM does by this Agreement, in exchange for $100, grant the Company an option to acquire any license or licenses (the "License") awarded to LGM to cultivate, manufacture and/or sell marijuana in Long Beach, City of Commerce, California.
Grant of Option. Effective as of [Insert Grant Date] (the "Date of Grant"), the Company hereby grants to the Optionee, an option (the "Option") to purchase [Insert Number of Shares] Shares at the Option Price per Share of [Insert Option Price] (the "Option Price"), subject to the terms and conditions of the Plan and this Agreement. The future value of such Shares is unknown and cannot be predicted with certainty. If such Shares do not increase in value, the Option will have no value.
Grant of Option. Effective as of [Insert Grant Date] (the "Date of Grant"), the Company hereby grants to the Optionee, an option (the "Option") to purchase [Insert Number of Shares] Shares at the Option Price per Share of [Insert Option Price] (the "Option Price"), subject to the terms and conditions of the Plan and this Agreement. The future value of such Shares is unknown and cannot be predicted with certainty. If such Shares do not increase in value, the Option will have no value. The Option is intended to qu...alify as an Incentive Stock Option within the meaning of Section 422 of the Code. To the extent that the aggregate Fair Market Value (determined as of the Grant Date) of the Shares with respect to which Incentive Stock Options are exercisable for the first time by the Optionee during any calendar year exceeds $100,000, the Options or portions thereof which exceed such limit (according to the order in which they were granted) shall be treated as Nonqualified Stock Options. View More
Grant of Option. 1.1. Grant; Type of Option. Pursuant to and subject to the terms of the Company's 2019 Stock Option Plan (the "Plan") and this Agreement, the Company hereby grants to the Executive an option (the "Option") to purchase the total number of shares of Common Stock of the Company equal to the number of Option Shares set forth above, at the Exercise Price set forth above. This Option is an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "C...ode"), provided, however, that to the extent any portion of the Option does not qualify as an incentive stock option under Section 422(d) of the Code, such portion of the Option shall be a non-qualified option. 1.2. Consideration. The grant of the Option is made in consideration of the services rendered by the Executive to the Company.View More
Grant of Option. 1.1. Grant; Type of Option. Pursuant to and subject to the terms of the Company's 2019 [2016/2019] Stock Option Plan (the "Plan") and this Agreement, the Company hereby grants to the Executive Employee an option (the "Option") to purchase the total number of shares of Common Stock of the Company equal to the number of Option Shares set forth above, at the Exercise Price set forth above. This Option is an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 198...6, as amended (the "Code"), provided, however, that to the extent any portion of the Option does not qualify as an incentive stock option under Section 422(d) of the Code, such portion of the Option shall be a non-qualified option. 1.2. Consideration. The grant of the Option is made in consideration of the services rendered by the Executive Employee to the Company. View More
Grant of Option. On ________ (the "Grant Date") the Company granted to Participant the Option to purchase from the Company [number] ([numeral]) fully paid and non-assessable shares of the common stock, par value $___ per share ("Stock") of the Company at a price of [dollar value] and [cents]/100 ($[numeral]) per share, subject to the vesting provisions in Section 2, with such price being not less than the Fair Market Value of the Stock on the Grant Date. This Option is subject to all of the terms, conditions, an...d provisions hereof and the ST Financial Group, Inc. 2017 Stock Incentive Plan (as amended, the "Plan").View More
Grant of Option. On ________ (the "Grant Date") the The Company granted grants to Participant the Option to purchase from the Company [number] ([numeral]) fully paid and non-assessable shares of the common stock, $1.00 par value $___ per share ("Stock") of the Company at a price of [dollar value] and [cents]/100 ($[numeral]) per share, subject to the vesting provisions in Section 2, with such price being not less than the Fair Market Value of the Stock on the Grant Date. date that this Agreement is entered into ...(the "Date of Grant"). This Option is subject to all of the terms, conditions, and provisions hereof and the ST CapStar Financial Group, Holdings, Inc. 2017 Stock Incentive Plan (as amended, the (the "Plan"). View More
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.
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
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
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").
