Eligibility for Incentive Stock Options. (i) Subject to Section 7(a)(ii), Incentive Stock Options may be granted only to Employees (irrespective of whether an Employee is also a Director). Advisors, consultants and Directors who are not also Employees are not eligible to be awarded Incentive Stock Options.
Appears in 4 contracts
Samples: Fountain Oil Inc, Canargo Energy Corp, Fountain Oil Inc