Common use of Consideration for Amendment Clause in Contracts

Consideration for Amendment. For Employee entering into this Amendment, Caneum shall issue to Employee 150,000 shares of common stock under Caneum's 2002 Stock Option/Stock Issuance Plan that vest one-quarter (1/4) per calendar quarter with the first vesting June 30, 2008, and immediately in the event of a change of control of Caneum.

Appears in 1 contract

Sources: Employment Agreement (Caneum Inc)

Consideration for Amendment. For Employee entering into this Amendment, Caneum shall issue to Employee 150,000 shares of common stock under Caneum's 2002 Stock Option/Stock Issuance Plan Plan. that vest one-quarter (1/4) per calendar quarter with the first vesting June 30, 2008, and immediately in the event of a change of control of Caneum.

Appears in 1 contract

Sources: Employment Agreement (Caneum Inc)