Grant of Stock Option Clause Example with 4 Variations from Business Contracts

This page contains Grant of Stock 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 Stock Option. On the date of grant set forth above (the "Grant Date") the Company granted to the Optionee an option (the "Stock Option") to purchase, on the terms provided herein and in the Plan, up to the number of shares of Stock set forth above (each, a "Share," and collectively, the "Shares") at the exercise price per Share set forth above, in each case, subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof. The Stock Option evidenced by this Ag...reement is a non-statutory option (that is, an option that is not to be treated as a stock option described in subsection (b) of Section 422 of the Code) and is granted to the Optionee in connection with the Optionee's employment by or service to the Company and its qualifying subsidiaries. For purposes of the immediately preceding sentence, "qualifying subsidiary" means a subsidiary of the Company as to which the Company has a "controlling interest" as described in Treas. Regs. §1.409A-1(b)(5)(iii)(E)(1). View More
Found in PERFORMANCE HEALTH HOLDINGS CORP. contract

Variations of a "Grant of Stock Option" Clause from Business Contracts

Grant of Stock Option. On the date of grant set forth above (the "Grant Date") "Date of Grant") the Company granted to the Optionee an option (the "Stock Option") to purchase, on the terms provided herein and in the Plan, up to the number of shares of Stock set forth above (each, a "Share," and collectively, the "Shares") at the exercise price per Share set forth above, in each case, subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof. The Stock Option evi...denced by this Agreement is a non-statutory option (that is, an option that is not to be treated as a stock option described in subsection (b) of Section 422 of the Code) and Code). The Optionee is granted to the Optionee in connection with the Optionee's employment by or service to the Company and its qualifying subsidiaries. For purposes a member of the immediately preceding sentence, "qualifying subsidiary" means a subsidiary of the Company as to which the Company has a "controlling interest" as described in Treas. Regs. §1.409A-1(b)(5)(iii)(E)(1). Board. View More
Found in ABIOMED Inc contract
Grant of Stock Option. On the date of grant set forth above (the "Grant Date") "Date of Grant") the Company granted to the Optionee an option (the "Stock Option") to purchase, on the terms provided herein and in the Plan, up to the number of shares of Stock set forth above (each, a "Share," and collectively, the "Shares") at the exercise price per Share set forth above, in each case, case subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof. The Stock Optio...n evidenced by this Agreement is a non-statutory option (that is, an option that is not to be treated as a stock option described in subsection (b) of Section 422 of the Code) and Code). The Optionee is granted to the Optionee in connection with the Optionee's employment by or service to the Company and its qualifying subsidiaries. For purposes of the immediately preceding sentence, "qualifying subsidiary" means a subsidiary an employee of the Company as and/or of one or more subsidiaries of the Company with respect to which the Company has a "controlling interest" as described in Treas. Regs. §1.409A-1(b)(5)(iii)(E)(1). View More
Found in The Michaels Companies Inc contract
Grant of Stock Option. On the date of grant set forth above (the "Grant Date") "Date of Grant") the Company granted to the Optionee an option (the "Stock Option") to purchase, on the terms provided herein and in the Plan, up to the number of shares of Stock set forth above (each, a "Share," and collectively, the "Shares") at the exercise price per Share set forth above, in each case, case subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof. The Stock Optio...n evidenced by this Agreement is a non-statutory option (that is, an option that is not intended to be treated as a an "incentive stock option described in subsection (b) option" within the meaning of Section 422 of the Code) Code (an "ISO") and is granted to the Optionee in connection with the Optionee's employment by or service to the Company and its qualifying subsidiaries. For purposes of the immediately preceding sentence, "qualifying subsidiary" means a subsidiary of the Company as to which the Company has a "controlling interest" as described in Treas. Regs. §1.409A-1(b)(5)(iii)(E)(1). To the extent the Stock Option does not qualify as an ISO, it will be treated as a non-statutory stock option. View More
Found in KalVista Pharmaceuticals, Inc. contract
Grant of Stock Option. On The Company grants to the Optionee on the date of grant set forth above (the "Grant Date") the Company granted to the Optionee "Date of Grant") an option (the "Stock Option") to purchase, on the terms provided herein and in the Plan, up to the number of shares of Stock set forth above (each, a "Share," and collectively, the (the "Shares") at the with an exercise price per Share as set forth above, in each case, case subject to adjustment pursuant to Section 7 7(b) of the Plan in respect of tr...ansactions occurring after the date hereof. The Stock Option evidenced by this Agreement is a non-statutory option (that is, an option that is does not to be treated qualify as a an incentive stock option described in subsection (b) of under Section 422 of the Code) and is granted to the Optionee in connection with the Optionee's employment by or service to the Company and its qualifying subsidiaries. For purposes of the immediately preceding sentence, "qualifying subsidiary" means a subsidiary of the Company as to which the Company has a "controlling interest" as described in Treas. Regs. §1.409A-1(b)(5)(iii)(E)(1). View More
Found in Ultragenyx Pharmaceutical Inc. contract