Example ContractsClausesgrant and terms of optionVariants
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Grant of Option. grants the Participant the right and option (the “Option”) to purchase all or any part of an aggregate of the number of shares of Common Stock specified in the grant summary, at the Option purchase price specified in the grant summary (which shall be 100% of the Fair Market Value of the Common Stock on the date the award is granted). The Option shall be subject to the terms and conditions in this Agreement and in the Plan. Capitalized terms not defined in this Agreement shall have the meaning ascribed to such terms in the Plan. The Participant acknowledges receipt of a copy of the Plan and the Plan Prospectus. The grant date is the date specified in the individual grant summary (the “Grant Date”). The Option terminates at the close of business ten (10) years from the Grant Date unless terminated at an earlier time in accordance with this Agreement or the Plan. The Option is not intended to be an Incentive Stock Option within the meaning of Section 422 of the Code.

Grant of Option/Termination of Option. The Company hereby grants the Participant the right and option (the “Option”) to purchase all or any part of an aggregate of ​ shares (the “Shares”) of common stock of the number of shares of Common Stock specified in the grant summary,Company (the “Common Stock”) at the Option purchaseexercise price specified in the grant summary (which shall be 100% of the Fair Market Value of the Common Stock on the date the award is granted). The Option shall be subject​ per share according to the terms and conditions set forth in this Award Agreement and in the Plan. Capitalized terms 2014 Stock and Incentive Plan (the “Plan”). The Option will not defined in this Agreement shall havebe treated as an incentive stock option within the meaning ascribedof Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). The Option is issued under the Plan and is subject to suchits terms in the Plan. The Participant acknowledges receipt of aand conditions. A copy of the Plan andwill be furnished upon request of Participant. Unless terminated earlier in accordance with the Plan Prospectus. The grant date isterms of this Award Agreement, the date specified in the individual grant summary (the “Grant Date”). The Option terminatesshall terminate at the close of business ten (10) years from the Grant Date unless terminated at an earlier time in accordance with this Agreement or the Plan. The Option is not intended to be an Incentive Stock Option within the meaning of Section 422 of the Code.date hereof.

GrantThe purchase price of Option. grants the Participant the right and option (the “Option”) to purchase all or any part of an aggregate of the number of shares of Common Stock specified in the grant summary, at thesubject to this Option purchase priceis specified in the grant summary (whichwhich shall be 100% of the Fair Market Value of the Common Stock on the date the award is granted)granted (the “Date of Grant”). The Option shall be subject to the terms and conditions in this Agreement and in the Plan. Capitalized terms not defined in this Agreement shall have the meaning ascribed to such terms in the Plan. The Participant acknowledges receiptDate of a copy of the Plan and the Plan Prospectus. The grant dateGrant is the date specified in theyour individual grant summary (the “Grant Date”).made available to you on‑line. The term of this Option terminates atis for the closeperiod of business ten (10) years from and after the Grant Date unless terminated at an earlier time in accordance with this Agreementof Grant, or such shorter period as may be provided by the provisions of the Plan. The Option is not intended to be an Incentive Stock Option within the meaning of Section 422 of the Code.

Grant of Option. irrevocably grants to the Participant a Non‑Qualified Stock Option (hereinafter, the “Option”) representing the right and option (the “Option”) to purchase all or any part of an aggregate of the number of shares of Common Stock specified in the grant summary, at the Option purchase price specified in the grant summary (which shall be 100% of common stock, par value of US$5.00 per share, of (“Common Stock”). This Option is granted pursuant to the Fair Market Value Compensation Plan for Non‑Employee Directors and the 2010 Master Stock Incentive Plan of (collectively, the Common Stock on the date the award is granted)Plan”). The Option shall be subject to the terms and conditions in this Agreement and inParticipant acknowledges receipt of a copy of the Plan. Capitalized terms not defined in this Agreement shall have the meaning ascribed to such terms in the Plan. The Participant acknowledges receipt of a copy of the Plan and the Plan Prospectus. The grant date is the date specified in the individual grant summary (the “Grant Date”). The Option terminates at the close of business ten (10) years from the Grant Date unless terminated at an earlier time in accordance with this Agreement or the Plan. The Option is not intended to be an Incentive Stock Option within the meaning of Section 422 of the Code.

Grant of Option. Grant. The Company hereby grants to the Participant the right andan option (the “Option”) to purchase all or any part of an aggregate of the total number of shares of Common Stock specified inof the grant summary,Company equal to the number of Option Shares set forth above, at the Option purchase price specified in the grant summary (which shall be 100% of the Fair Market Value of the Common Stock on the date the award is granted).Exercise Price set forth above. The Option shall be subjectis being granted pursuant to the terms and conditions in this Agreement andof the Company’s 2022 Equity Incentive Plan (the “Plan”). Capitalized terms used but not defined herein will have the meanings ascribed to them in the Plan. Capitalized terms not defined in this Agreement shall have the meaning ascribed to such terms in the Plan. The Participant acknowledges receipt of a copy of the Plan and the Plan Prospectus. The grant date is the date specified in the individual grant summary (the “Grant Date”). The Option terminates at the close of business ten (10) years from the Grant Date unless terminated at an earlier time in accordance with this Agreement or the Plan. The Option is not intended to be an Incentive Stock Option within the meaning of Section 422 of the Code.

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