Exercise Price

Exercise Price. A purchase price of $[__________] per one quarter share of Common Stock; provided, however, that in the event the Company reduces the Exercise Price in accordance with Section 9(i) hereof, the Exercise Price shall be as established by the Company in accordance with such Section; and provided further, however, that Warrants may only be exercised in whole numbers for whole shares of Common Stock, so that the Exercise Price per whole share of Common Stock shall be $[__________]

Exercise Price. Means the price set out in line 5 of Exhibit A of this Agreement Syntroleum — Management Stock Option Agreement CONFIDENTIAL

Exercise Price. Means the purchase price per Ordinary Share to be paid upon the exercise of each Additional Purchase Obligation in accordance with the terms hereof, which price shall initially be $30 per share, as each may be adjusted from time to time pursuant to Section 4 hereof.

Exercise Price. The price at which the Warrantholder may purchase one Share upon exercise of Warrants as determined from time to time pursuant to the provisions hereof. The initial Exercise Price is $8.34 per Share

Exercise Price. $2.14 per share, subject to adjustment pursuant to Section 6 below, which may take the form of a "cashless exercise" if so indicated in the Notice of Exercise and if a "cashless exercise" is permitted at such time pursuant to Section 10

Exercise Price. Shall mean the Option price for each share of Common Stock subject to an Option.

Exercise Price. The lower of (i) $0.10, (ii) the per share price paid for the Company's securities in the Offering, or (iii) the exercise price of any warrant for Common Stock issued in the Offering

Exercise Price. Shall mean the exercise price of the Options granted under the Stock Option Plans as set forth in the stock option agreements relating to such Options.

Exercise Price. One Hundred and NO/100 Dollars ($100.00).

Exercise Price. $1,344.26 (which represents $4.10 multiplied by the number of shares of Common Stock issuable upon conversion of each share of Series B Preferred Stock), subject to adjustment as set forth herein