Example ContractsClausesexercise price and other termsVariants
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Exercise Price. The per-share exercise price of each Initial Award granted to a Non-Employee Director that is an Initial Option shall equal the Fair Market Value of a share of the Company’s common stock on the date the Initial Option is granted.

Exercise Price. The per-per share exercise price of each Initial Awardoption granted to a Non-Employee Director that is an Initial Option shall equal the Fair Market Value of a share of the Company’s common stock on the date the Initial Optionoption is granted.

Exercise Price. The per-per share exercise price of each Initial Awardoption granted to a Non-Employee Director that is an Initial Option shall equal the Fair Market Value (as defined in the Equity Plan) of a share of the Company’s common stock on the date the Initial Optionoption is granted.

Exercise Price. The per-share exercise price of each Initial AwardOption granted to a Non-Employee Director that is an Initial Option shall equal the Fair Market Value (as defined in the Equity Plan) of a share of the Company’s common stockShare on the date the Initial Option is granted.

ExercisePurchase Price. The per-shareper Share exercise price of each Initial Awardoption granted to a Non-Employee Director that is an Initial Option shall equal the Fair Market Value (as defined in the Equity Plan) of a share of the Company’s common stockShare on the date the Initial Optionoption is granted.

Exercise Price.Terms of Awards Granted to Non-Employee Directors # Purchase Price of Stock Options. The per-per share exercise price of each Initial Awardoption granted to a Non-Employee Director that is an Initial Option shall equal the Fair Market Value of a share of the Company’s common stock on the date the Initial Optionoption is granted.

Exercise Price. The per-per share exercise price of each Initial AwardOption granted to a Non-Employee Director that is an Initial Option shall equal the Fair Market Value of a share of the Company’s common stock on the date the Initial Option is granted.

Exercise Price. The per-per share exercise price of each Initial AwardOption granted to a Non-Employee Director that is an Initial Option shall equal the Fair Market Value of a share of the Company’s common stockCommon Stock on the date the Initial Option is granted.

Exercise Price. The per-share exercise price per share of each Initial Award granted to a Non-EmployeeStock purchasable under an Outside Director that is an InitialStock Option shall equalbe the Fair Market Value of aper share of the Company’s common stock on the date the InitialOutside Director Stock Option is granted.

Exercise Price. The per-Initial Award shall expire ten years from the date of grant, and shall have a per share exercise price of each Initial Award grantedequal to a Non-Employee Director that is an Initial Option shall equal the Fair Market Value of a share(as defined in the Company’s 2021 Stock Option and Incentive Plan) of the Company’s common stock on the date of grant. This Initial Award applies only to Outside Directors who are first elected to the Initial Option is granted.Board of Directors subsequent to the Effective Date.

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