Example ContractsClausesgrant and terms of optionVariants
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Grant of Option. The Company grants to the Optionee on the date set forth above (the “Date of Grant”) an option (the “Option”) to purchase, on the terms provided herein and in the Plan (including, without limitation, the exercise provisions in [Section 6(b)] of the Plan), the number of Class A Units of the Company set forth above (the “Units”) with an exercise price per Unit as set forth above, in each case subject to adjustment pursuant to Section 7 of the Plan in respect of transactions occurring after the date hereof.

Grant of Option. The Plan Administrator of the Company hereby grants to the Optionee onnamed in the date set forth aboveNotice of Grant (the Date of Grant“Optionee”), an option (the Option“Option”) to purchase, onpurchase the number of Shares set forth in the Notice of Grant, at the exercise price per Share set forth in the Notice of Grant (the “Exercise Price”), and subject to the terms providedand conditions of the Plan, which is incorporated herein and in the Plan (including, without limitation, the exercise provisions inby reference. Subject to [Section 6(b)15(c)] of the Plan),Plan, in the numberevent of Class A Units ofa conflict between the Company set forth above (the “Units”) with an exercise price per Unit as set forth above, in each case subject to adjustment pursuant to Section 7terms and conditions of the Plan in respectand this Option Agreement, the terms and conditions of transactions occurring after the date hereof. Plan shall prevail.

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