Stock Clause Example with 20 Variations from Business Contracts

This page contains Stock 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.
Stock. (a) The stock subject to Options shall be common stock of the Company as traded on the NASDAQ or on such other exchange as the Shares may be listed. (b) Subject to adjustment upon changes in capitalization of the Company as provided in Section 18 hereof, the maximum number of Shares which shall be made available for sale under the Plan shall be 2,500,000 Shares. If, on a given Exercise Date, the number of Shares with respect to which Options are to be exercised exceeds the number of Shares then ...available under the Plan, the Committee shall make a pro rata allocation of the Shares remaining available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. (c) A Participant shall have no interest or voting right in Shares covered by his or her Option until such Option has been exercised and the Participant has become a holder of record of Shares acquired pursuant to such exercise. View More

Variations of a "Stock" Clause from Business Contracts

Stock. (a) The stock subject to Options maximum number of shares of Common Stock which shall be common stock of made available for sale under the Company as traded on the NASDAQ or on such other exchange as the Shares may Plan shall be listed. (b) Subject eight million three hundred fifty thousand (8,350,000) shares, subject to adjustment upon changes in capitalization of the Company as provided in Section 18 hereof, the maximum number of Shares which shall be made available for sale under the Plan sha...ll be 2,500,000 Shares. hereof. If, on a given Exercise Date, the number of Shares shares with respect to which Options options are to be exercised exceeds the number of Shares shares then available under the Plan, the Committee Company shall make a pro rata allocation of the Shares shares remaining available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. (c) A Participant (b) The participant shall have no interest or voting right in Shares shares covered by his option until such option has been exercised. (c) Shares purchased by a participant under the Plan shall be registered in the name of the participant or in the name of the participant and his or her Option until such Option has been exercised and the Participant has become a holder of record of Shares acquired pursuant to such exercise. spouse. View More
Stock. (a) The stock subject to Options maximum number of shares of Common Stock which shall be common stock of made available for sale under the Company as traded on the NASDAQ or on such other exchange as the Shares may Plan shall be listed. (b) Subject nine million six hundred thousand (9,600,000) shares, subject to adjustment upon changes in capitalization of the Company as provided in Section 18 hereof, the maximum number of Shares which shall be made available for sale under the Plan shall be 2,5...00,000 Shares. hereof. If, on a given Exercise Date, the number of Shares shares with respect to which Options options are to be exercised exceeds the number of Shares shares then available under the Plan, the Committee Company shall make a pro rata allocation of the Shares shares remaining available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. (c) A Participant (b) The participant shall have no interest or voting right in Shares shares covered by his option until such option has been exercised. (c) Shares purchased by a participant under the Plan shall be registered in the name of the participant or in the name of the participant and his or her Option until such Option has been exercised and the Participant has become a holder of record of Shares acquired pursuant to such exercise. spouse. View More
Stock. (a) The stock subject to Options shall be common stock maximum number of shares of the Company as traded on the NASDAQ or on such other exchange as the Shares Company's Common Stock that may be listed. (b) Subject made available for sale under the Plan is 12,000,000, subject to adjustment upon changes in capitalization of the Company as provided in Section 18 hereof, the maximum number of Shares which shall be made available for sale under the Plan shall be 2,500,000 Shares. If, 17. If on a give...n Exercise Date, the number of Shares shares with respect to which Options options are to be exercised exceeds the number of Shares shares then available under the Plan, the Committee Company shall make a pro rata allocation of the Shares shares remaining available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. (c) A Participant shall (b) The participant will have no interest or voting right in Shares shares covered by his or her Option option until such Option option has been exercised and exercised. (c) Shares to be delivered to a participant under the Participant has become a holder Plan will be registered in the name of record of Shares acquired pursuant to such exercise. the participant. View More
Stock. (a) The stock subject to Options shall be common stock of the Company as traded on the NASDAQ or on such other exchange as the Shares may be listed. (b) Subject to adjustment upon changes in capitalization of the Company as provided in Section 18 19 hereof, the maximum number of Shares shares of the Company's Common Stock which shall be made available for sale under the Plan shall be 2,500,000 Shares. 622,209. If, on a given Exercise Date, the number of Shares shares with respect to which Option...s options are to be exercised exceeds the number of Shares shares then available under the Plan, the Committee Company shall make a pro rata allocation of the Shares shares remaining available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. (c) A Participant (b) The participant shall have no interest or voting right in Shares shares covered by his option until such option has been exercised. (c) Shares to be delivered to a participant under the Plan shall be registered in the name of the participant or in the name of the participant and his or her Option until such Option has been exercised and the Participant has become a holder of record of Shares acquired pursuant to such exercise. spouse. View More
Stock. (a) The stock subject to Options shall be common stock of the Company as traded on the NASDAQ or on such other exchange as the Shares may be listed. (b) Subject to adjustment upon changes in capitalization of the Company as provided in Section 18 hereof, the maximum number of Shares which shall be made available for sale under the Plan shall be 2,500,000 1,750,000 Shares. In addition, subject to adjustments upon changes in capitalization of the Company as provided in Section 18 hereof, the maxim...um number of Shares which shall be made available for sale under the Plan shall automatically increase on the first trading day in January of each calendar year during the term of this Plan, commencing with January 2020, by an amount equal to the lesser of (i) one percent (1%) of the total number of Shares issued and outstanding on December 31 of the immediately preceding calendar year, (ii) 1,750,000 Shares or (iii) such number of Shares as may be established by the Board. If, on a given Exercise Date, the number of Shares with respect to which Options are to be exercised exceeds the number of Shares then available under the Plan, the Committee shall make a pro rata allocation of the Shares remaining available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. 6 (c) A Participant shall have no interest or voting right in Shares covered by his or her Option until such Option has been exercised and the Participant has become a holder of record of Shares acquired pursuant to such exercise. View More
Stock. (a) The stock maximum number of shares of the Company's Common Stock which shall be made available for sale under the Plan shall be 4,800,000 shares, subject to Options shall be common stock of the Company as traded on the NASDAQ or on such other exchange as the Shares may be listed. (b) Subject to further adjustment upon changes in capitalization of the Company as provided in Section 18 hereof, the maximum number of Shares which shall be made available for sale under the Plan shall be 2,500,000... Shares. If, hereof. If on a given Exercise Date, Date the number of Shares shares with respect to which Options options are to be exercised exceeds the number of Shares shares then available under the Plan, the Committee Company shall make a pro rata allocation of the Shares shares remaining available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. (c) A Participant shall (b) The participant will have no interest or voting right in Shares shares covered by his option until such option has been exercised. (c) Shares to be delivered to a participant under the Plan will be registered in the name of the participant or in the name of the participant and his or her Option until such Option has been exercised and the Participant has become a holder of record of Shares acquired pursuant to such exercise. spouse. View More
Stock. (a) The stock subject to Options shall be common stock of the Company as traded on the NASDAQ or on such other exchange as the Shares may be listed. (b) Subject to adjustment upon changes in capitalization of the Company as provided in Section 18 hereof, the maximum number of Shares which shall be made available for sale under the Plan shall be 2,500,000 1,750,000 Shares. In addition, subject to adjustments upon changes in capitalization of the Company as provided in Section 18 hereof, the maxim...um number of Shares which shall be made available for sale under the Plan shall automatically increase on the first trading day in January of each calendar year during the term of this Plan, commencing with January 2020, by an amount equal to the lesser of (i) one percent (1%) of the total number of Shares issued and outstanding on December 31 of the immediately preceding calendar year, (ii) 1,750,000 Shares or (iii) such number of Shares as may be established by the Board. If, on a given Exercise Date, the number of Shares with respect to which Options are to be exercised exceeds the number of Shares then available under the Plan, the Committee shall make a pro rata allocation of the Shares remaining available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. (c) A Participant shall have no interest or voting right in Shares covered by his or her Option until such Option has been exercised and the Participant has become a holder of record of Shares acquired pursuant to such exercise. View More
Stock. (a) The stock subject to Options shall be common stock of the Company as traded on the NASDAQ or on such other exchange as the Shares may be listed. (b) Subject to adjustment upon changes in capitalization of the Company as provided in Section 18 hereof, the maximum number of Shares which shall be made available for sale under the Plan shall be 2,500,000 800,000 Shares. In addition, subject to adjustments upon changes in capitalization of the Company as provided in Section 18 hereof, the maximum... number of Shares which shall be made available for sale under the Plan shall automatically increase on the first trading day in January of each calendar year during the term of this Plan, commencing with January 2019, by an amount equal to the lesser of (i) one percent (1%) of the total number of Shares issued and outstanding on December 31 of the immediately preceding calendar year, (ii) 800,000 Shares or (iii) such number of Shares as may be established by the Board. If, on a given Exercise Date, the number of Shares with respect to which Options are to be exercised exceeds the number of Shares then available under the Plan, the Committee shall make a pro rata allocation of the Shares remaining available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. (c) A Participant shall have no interest or voting right in Shares covered by his or her Option until such Option has been exercised and the Participant has become a holder of record of Shares acquired pursuant to such exercise. View More
Stock. (a) The stock subject to Options shall be common stock of the Company as traded on the NASDAQ or on such other exchange as the Shares may be listed. (b) Subject to adjustment upon changes in capitalization of the Company as provided in Section 18 hereof, the maximum number of Shares which shall be made available for sale under the Plan shall be 2,500,000 250,000 Shares. In addition, subject to adjustments upon changes in capitalization of the Company as provided in Section 18 hereof, the maximum... number of Shares which shall be made available for sale under the Plan shall automatically increase on the first trading day in January of each calendar year during the term of this Plan, commencing with January 1 2020, by an amount equal to the lesser of (i) one percent (1%) of the total number of Shares issued and outstanding on December 31 of the immediately preceding calendar year, (ii) 250,000 Shares or (iii) such number of Shares as may be established by the Board. If, on a given Exercise Date, the number of Shares with respect to which Options are to be exercised exceeds the number of Shares then available under the Plan, the Committee shall make a pro rata allocation of the Shares remaining available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. (c) A Participant shall have no interest or voting right in Shares covered by his or her Option until such Option has been exercised and the Participant has become a holder of record of Shares acquired pursuant to such exercise. View More
Stock. 6 (a) The stock subject to Options shall be common stock of the Company as traded on the NASDAQ or on such other exchange as the Shares may be listed. (b) Subject to adjustment upon changes in capitalization of the Company as provided in Section 18 hereof, the maximum aggregate number of Shares which shall be made available for sale under the Plan shall be 2,500,000 Shares. 354,466 Shares, plus an annual increase to be added on the first day of each calendar year beginning with 2016, equal to th...e lesser of (i) 675,000 Shares, (ii) one percent (1%) of the then-outstanding Shares on such date, or (iii) an amount determined by the Committee. If, on a given Exercise Date, the number of Shares with respect to which Options are to be exercised exceeds the number of Shares then available under the Plan, the Committee shall make a pro rata allocation of the Shares remaining available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable. (c) A Participant shall have no interest or voting right in Shares covered by his or her Option until such Option has been exercised and the Participant has become a holder of record of Shares acquired pursuant to such exercise. View More