Option Price Contract Clauses (142)

Option Price. The purchase price per Share purchasable under the Option shall be $ per Share (the "Option Price") (subject to adjustment as provided in Section 4.2 of the Plan). The Option Price is equal to 100% of the Fair Market Value of one share of Common Stock on the Grant Date, as calculated under the Plan.

Option Price. The exercise price for shares of Company Stock subject to the Option shall be $[●] per share (the "Option Price"). The Option Price represents the Fair Market Value of the Company Stock on the Grant Date.

Option Price. The Option Price of shares of Common Stock covered by the Option will be $_____ per share (the "Option Price") subject to adjustment as provided in Paragraph 8 hereof.

Option Price. The purchase price of the Shares subject to the Option is [●] per Share (the "Option Price").

Option Price. The price per Share subject to the Option shall be per Share (the "Option Price").

Option Price. a. The option price per share shall be fixed by the Committee, but in no event shall the option price per share be less than the Fair Market Value per share of Common Stock on the date of the option grant except in connection with a merger, acquisition or other similar consolidation. b. The option price shall become immediately due upon exercise of the option and shall, subject to the loan provisions of Section I of Article V, be payable in one or more of the alternative forms specified below: i.... full payment in cash or check payable to the Company's order; or ii. full payment in shares of Common Stock held by the Optionee (including the cancellation of shares of Common Stock subject to the option); or iii. to the extent the option is exercised for vested shares, full payment through a special sale and remittance procedure pursuant to which the Optionee is to provide irrevocable written instructions (i) to a Company-designated brokerage firm to effect the immediate sale of the purchased shares and remit to the Company, out of the sale proceeds available on the settlement date, an amount sufficient to cover the aggregate option price payable for the purchased shares plus all applicable Federal, state and local income and employment taxes required to be withheld by the Company by reason of such purchase and (ii) to the Company to deliver the certificates for the purchased shares directly to such brokerage firm in order to complete the sale transaction; or iv. to the extent permitted by the Committee, by the Company delivering to the Optionee a number of shares of Common Stock having an aggregate Fair Market Value (determined as of the Exercise Date, as such term is defined below) equal to the excess, if positive, of the Fair Market Value of the shares of Common Stock underlying the option being exercised on the Exercise Date, over the aggregate exercise price of the option for such shares of Common Stock; or v. any other form of legal consideration, as determined by the Committee and specifically included in the stock option agreement. c. If payment of the exercise price is made by means of the surrender of shares of Common Stock which are subject to certain restrictions, the number of shares of Common Stock issued upon the exercise of the option equal to the number of shares of restricted stock surrendered shall be subject to the same restrictions as the restricted stock that was surrendered. d. The Exercise Date shall be the date on which written or electronic notice of the option exercise is delivered to the Company. Except to the extent the sale and remittance procedure specified in clause (iii) of subparagraph b. above is utilized in connection with the option exercise, payment of the option price for the purchased shares must accompany such notice. View More

Option Price. The purchase price of the Shares subject to the Option is $_________ per Share (the "Option Price").

Option Price. The purchase price of the Option Shares shall be $________ per share, which is equal to or greater than the Fair Market Value of the Common Stock on the Grant Date. Payment of the purchase price shall be made by the Optionee at the time of exercise in the form of cash or a check or, to the extent permitted by the Committee, under a cashless exercise program implemented by the Company in connection with the Plan.

Option Price. At any time when shares are to be purchased pursuant to the Option, the purchase price for each Option Share shall be US$<> (the "Option Price"), subject to adjustment as set forth in the Plan.

Option Price. The exercise price is $ for each Share, being 100% or more of the Market Value of the Shares on the Date of Grant specified below.