Common use of AMENDMENT OF STOCK OPTION PLAN Clause in Contracts

AMENDMENT OF STOCK OPTION PLAN. The Company shall have amended its Stock Option Plan to provide for the issuance of an additional 250,000 shares of Common Stock thereunder (for a total of 4,696,666 shares).

Appears in 1 contract

Samples: Stock Purchase Agreement (Netlibrary Inc)

AutoNDA by SimpleDocs

AMENDMENT OF STOCK OPTION PLAN. The Company shall have amended its Stock Option Plan to provide for the issuance of an additional 250,000 2,000,000 shares of Common Stock thereunder (for a total of 4,696,666 4,446,666 shares).

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Netlibrary Inc)

AMENDMENT OF STOCK OPTION PLAN. The Company shall have amended its Stock Option Plan in a form acceptable to the Purchasers to provide for the issuance of an additional 250,000 600,000 shares of Common Stock thereunder (for a total of 4,696,666 2,446,666 shares).

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Netlibrary Inc)

AutoNDA by SimpleDocs

AMENDMENT OF STOCK OPTION PLAN. The Company shall have amended its Stock Option Plan to provide reserve for the issuance of an additional 250,000 up to 35,000,000 shares of Common Stock thereunder (for a total and the stockholders of 4,696,666 shares)the Company shall have approved such amendment.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.