Grant of Stock Option

Example Definitions of "Grant of Stock Option"
Grant of Stock Option. The Company hereby grants to the Participant a nonqualified stock option (the "Stock Option") that is not intended to qualify under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"), to purchase all or any part of the number of Covered Shares (as set forth on the Cover Page) of its common stock, par value $.10 (the "Stock"), under and subject to the terms and conditions of this Award Agreement and the Plan which is incorporated herein by reference and made a part hereof... for all purposes. The purchase price for each share to be purchased hereunder shall be the option price set forth on the Cover Page (the "Exercise Price"). View More
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