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name: Option

Option. "Option" shall mean a stock option granted under Article III of this Plan. An Option granted under this Plan shall, as determined by the Committee, be either a Non Qualified Stock Option or an Incentive Stock Option; provided, however, that Options granted to Independent Directors and consultants shall be Non Qualified Stock Options.
OPTION. Subject to the terms and conditions contained herein, the Company hereby irrevocably grants to Optionee the right and option ("Option") to purchase from the Company () shares of the Company's common stock, 0.01 par value ("Common Stock"), at a price of per share, which is the Fair Market Value of a share of Common Stock as of the Grant Date (as defined below).
Option. In consideration of the receipt of $5,000 and for other good and valuable consideration, FHGLP on the date hereof, irrevocably grants to the Nathanson the option to purchase partnership interests (the "Partnership Interests") of the Company represented by a Percentage Interest of 0.4429% which will have an Adjusted Capital Contribution Account equal to the Purchase Price (as defined below) (the "Optioned Interests") upon the terms and conditions set forth in this Agreement.
OPTION. The Company hereby grants Optionee an option ("Option") to purchase Four Hundred Fifty Thousand (450,000) shares of Common Stock (the "Option Stock") for Three Dollars and 60/100 (3.60) per share ("Option Price"), subject to adjustment for the Reverse Stock Split and for such other adjustments as hereinafter provided. If the Reverse Stock Split precedes the IPO and both occur by January 1, 1997, the number of shares of Option Stock shall be adjusted as provided in Section 6 hereof but the "Option Price" shall be adjusted as of the date of the consummation of the IPO to be the price to the public per share in the IPO net of all underwriting discounts and selling concessions, notwithstanding anything to the contrary in Section 6 hereof. ...
OPTION. The Company hereby grants Optionee an option ("Option") to purchase Five Hundred Thousand (500,000) shares of Common Stock (the "Option Stock") for Two and 50/100 Dollars (2.50) per share ("Option Price"), subject to adjustment as hereinafter provided. Except as otherwise provided herein, the Option shall become exercisable in accordance with Section 3 hereof and, unless sooner terminated pursuant to this Agreement, shall remain exercisable until 5:00 p.m. Eastern Time on September 30, 2002 ("Exercise Period").
Option. "Option" shall mean the right of Optionee to purchase the number of shares of Stock set forth on the Notice of Grant in accordance with the terms and conditions of this Agreement.
OPTION. In consideration of your agreements contained in this letter and subject to the vesting requirements set forth below, the Corporation grants you an Option to purchase from the Corporation shares of Stock at $ per share. Each Option is an incentive stock option as defined in the Plan. The award of each Option is subject to the terms and conditions set forth below.
OPTION. It is further agreed that, at the expiration of the original term, the LESSEE shall have the right, exercisable
Option. "Option" shall mean an option granted under the Plan to purchase Class B Stock. All Options are intended to be "incentive stock options" under Section 422 of the Code except to the extent that such treatment is not available in the Optionee's individual circumstances and except as provided in Section 7.6.
Option. Upon and subject to the terms and conditions set forth in this Agreement, 999 Third Avenue shall have the option (the "Option") to purchase the remaining 50.05 of Carlyle's partnership interest in the Partnership, including, but not limited to, 50.05 of Carlyle's interest in the capital and profits of the Partnership (it being the intent of the parties that, upon the consummation of the Sale and the Option by 999 Third Avenue [or the Investment Partnership], it shall have acquired Carlyle's entire interest in the Partnership, including, but not limited to, Carlyle's entire interest in the capital and profits of the Partnership). Carlyle's partnership interest after the Sale is herein called the "Option Partnership Interest".
Option. Qualix shall also have the option to purchase any residual inventory remaining in SGI's inventory as of July 31, 1994. Such purchase shall be governed by the terms and conditions of this letter with the exception that Qualix shall pay the purchase price in full not later than thirty (30) days after the date of SGI's invoice, which SGI will issue on shipment of Product.
Option. Subject to and on the terms and conditions set forth in this Agreement, Seller hereby grants to Buyer the right and option (the "Option"), which may be exercised at any time during the Exercise Period (as defined in Section 2(c)), to acquire the Subsidiary pursuant to a merger (the "SSSI Merger") of the Subsidiary with and into a newly formed direct, wholly owned subsidiary of the Buyer (the "New Sub"), as a result of which (a) the separate existence of the Subsidiary shall terminate and the New Sub shall continue as the surviving corporation and (b) the Shares will be converted into the right to receive the Merger Consideration (as defined below). The SSSI Merger shall be effected pursuant to a merger
OPTION. On the terms and conditions stated below, the Company hereby grants to Optionee a Nonqualified Stock Option to purchase fifteen thousand (15,000) Shares of Stock (the "Option Shares") at an Exercise Price equal to $.0625 per Share.
OPTION. An option to purchase Shares granted under the Plan, whether an ISO or an NQSO.
Option. On the terms and subject to the conditions of this Agreement, QEI shall have the right to purchase up to 75,000 Shares, subject to adjustment in accordance with Section 6 of this Agreement and subject to the exercise requirements set forth in Section 4(a) and (b) of this Agreement.
OPTION. Lessee shall have an option to extend this lease for two (2) additional five year (5) terms under the same terms and conditions as this lease, with the base rent to be adjusted by the increase in the Consumer Price Index as compared with the immediately preceding year. There will be a five per cent (5%) cap on each C.P.I. annual increase. Lessee shall give Lessor ninety (90) days' written notice upon the exercise of each of these options.
Option. The term "Option" means the right to purchase a share of the Company's Common Stock under the Plan.
Option. Optionee is hereby granted the option to purchase 800,000 shares of Common Stock, no par value ("Common Stock" or "Stock"), of the Optionor, which Option must be exercised, if at all, on or before the dates set forth in Section 3 below, and in the increments also set forth in Section 3 below. If such option is exercised, it shall be given to the Optionor in the manner provided by this Agreement.
OPTION. MLCP grants Buyer the exclusive right and option to buy the Option Parcel for a period of 18 months from the Closing Date (the "Initial Option Termination Date") for a purchase price of $1,000,000. On or before 30 business days prior to the Initial Option Termination Date, Buyer shall have the one time right, upon payment of a $100,000 non refundable option fee, to extend the Option closing date to June 30, 2000. The Option shall be