Grant of the Option Contract Clauses (95)

Grant of the Option. Subject to the provisions of this Agreement and the provisions of the Plan, the Company hereby grants to the Participant, pursuant to the Plan, the right and option (the "Option") to purchase all or any part of the number of shares of common stock of the Company ("Shares") as set forth in the Grant Notice at an Option Price ("Option Price") per share and on the other terms as set forth in the Grant Notice. This Option is intended to be a nonqualified stock option for federal income tax purposes. View More

Grant of the Option. The Company hereby grants to the Participant the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of [●] Shares as of the Date of Grant. The Option is intended to be a Nonqualified Stock Option.

Grant of the Option. The Company hereby grants to the Optionee the right and option to purchase, on the terms and conditions set forth in the Plan and this Option Agreement, 80 Shares (the "Option"), subject to adjustment as set forth in the Plan. At any time, the portion of the Option that has become vested and exercisable is hereinafter referred to as the "Vested Portion," and any portion of the Option that is not a Vested Portion is hereinafter referred to as the "Unvested Portion." 2. Option Price. The purchase ...price of the Shares subject to the Option shall be $1,250 USD per Share (the "Option Price"), subject to adjustment as set forth in the Plan. View More

Grant of the Option. The Company hereby grants to the Participant, effective as of September 19, 2016 (the "Date of Grant"), the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate of 441,955 Shares, subject to adjustment as set forth in the Plan. The purchase price of the Shares subject to the Option shall be the Fair Market Value on the Date of Grant (the "Option Price"), which was $32.61 per share. The Option is intended to be a non-quali...fied stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended. View More

Grant of the Option. For valuable consideration, receipt of which is hereby acknowledged, Hovnanian Enterprises, Inc., a Delaware Corporation (The "Company"), hereby grants the right and option (the "Option") to purchase, on the terms and conditions hereinafter set forth, all or any part of an aggregate number of Class B Shares set forth above. This grant is made subject to the terms and conditions of the 2012 Company Amended and Restated Stock Incentive Plan (the "Plan"), which Plan is incorporated herein by refere...nce and subject to amendments to the Plan. Capitalized terms used herein without definition have the meanings assigned to such terms under the Plan. The purchase price of the Shares subject to the Option (the "Grant Price") shall be the price per Share set forth above. This Option is not an Incentive Stock Option within the meaning of Section 422 of the Internal Revenue Code of 1986 (the "Code"). View More