Common use of Common Equity Clause in Contracts

Common Equity. Simultaneous with execution of this Agreement, the Company shall grant the Executive a stock option to purchase 333,333 shares of common stock of the Company in accordance with the Company's 1998 Stock Option Plan and the draft stock option agreement annexed as Exhibit A hereto, as well as certain warrants to purchase common stock of the Company.

Appears in 1 contract

Sources: Employment Agreement (Mounger Corp)

Common Equity. Simultaneous with execution of this Agreement, the Company shall grant the Executive a stock option to purchase 333,333 666,666 shares of common stock of the Company in accordance with the Company's 1998 Stock Option Plan and the draft stock option agreement annexed as Exhibit A hereto, as well as certain warrants to purchase common stock of the Company.

Appears in 1 contract

Sources: Employment Agreement (Mounger Corp)