Basic Limitation. Common Shares issued pursuant to the Plan may be authorized but unissued shares or treasury shares. Subject to Section 3.2, the aggregate number of Options and Restricted Shares awarded under the Plan shall not exceed 11,111,864 except for the permitted increases provided for in Section 3.2 below. The limitations of this Section 3.1 and Section 3.2 shall be subject to adjustment pursuant to Article 8.
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Samples: Redback Networks Inc
Basic Limitation. Common Shares issued pursuant to the Plan may be authorized but unissued shares or treasury shares. Subject to Section 3.2, the The aggregate number of Options and Restricted Shares awarded under the Plan shall not exceed 11,111,864 except (a) 1,350,000 plus (b) the aggregate number of Common Shares remaining available for grants under the permitted increases provided for Predecessor Plans on March 15, 1997, plus (c) the additional Common Shares described in Section Sections 3.2 belowand 3.3. No additional grants shall be made under the Predecessor Plans after March 15, 1997. The limitations limitation of this Section 3.1 and Section 3.2 shall be subject to adjustment pursuant to Article 89.
Appears in 1 contract
Basic Limitation. Common Shares issued pursuant to the Plan may be authorized but unissued shares or treasury shares. Subject to Section 3.2, the The aggregate number of Options and Restricted Common Shares awarded issued under the Plan shall not exceed 11,111,864 except for (a) 400,000 plus (b) the permitted increases provided for additional Common Shares described in Section 3.2 below3.2. The number of Common Shares that are subject to Awards outstanding at any time under the Plan shall not exceed the number of Common Shares that then remain available for issuance under the Plan. The limitations of this Section 3.1 and Section 3.2 shall be subject to adjustment pursuant to Article 810.
Appears in 1 contract
Samples: Blue Coat Systems Inc
Basic Limitation. Common Shares issued pursuant to the Plan may be authorized but unissued shares or treasury shares. Subject to Section 3.2, the The aggregate number of Options and Restricted Common Shares awarded issued under the Plan shall not exceed 11,111,864 except for (a) 300,000 shares plus (b) the permitted increases provided for Common Shares described in Section 3.2 below3.2. The number of Common Shares that are subject to Awards outstanding at any time under the Plan shall not exceed the number of Common Shares that then remain available for issuance under the Plan. The limitations of this Section 3.1 and Section 3.2 shall be subject to adjustment pursuant to Article 810.
Appears in 1 contract
Samples: Blue Coat (Blue Coat Systems Inc)