Employee Stock Option Plan. Employee shall be entitled to participate in the Employee Stock Option Plan of the Company once approved by the Board of Directors.
Employee Stock Option Plan. In addition to the Base Salary payable to the Executive pursuant to Section 3.1 hereof, and the Bonus payable to the Executive pursuant Section 3.2 hereof, the Corporation may issue stock options, in the sole discretion of the Corporation's Board of Directors or the Compensation Committee, it may desire as a result of the Executive's services.
Employee Stock Option Plan. During the year, the Company has not provided any Stock Option Scheme to the employees.
Employee Stock Option Plan. The Company shall reserve 5% of its total outstanding shares, on fully diluted basis for the Company employee stock incentive plan, immediately upon the Closing, before the conversion of the Convertible Note.
Employee Stock Option Plan. At this time, the Company does not have a Stock Option Plan in place. Notwithstanding, you will be eligible, at the discretion of the Employer’s board of directors, to participate in such plan at which time it is implemented. Any allocation of Stock Option is at the sole discretion of the Board of Directors of TrioResources AG Inc.
Employee Stock Option Plan. The Company intends to shortly establish an employee stock option plan. The Company does not currently have a Stock Option Plan in place. Notwithstanding, you will be eligible, at the discretion of the Company’s board of directors or any designated committee thereof, to participate in such plan at which time it is implemented. Any allocation of stock options is at the sole discretion of the Board of Directors or such committee.
Employee Stock Option Plan. The Employee shall be entitled to participate in any employee stock option plan (ESOP) established by the Company from time to time for the general benefit of employees of the Company at a level that is commensurate with his/her position, provided that the Employee is and remains eligible for such participation in accordance with the terms and conditions of the ESOP. We have agreed that you will be entitled to an initial option on 350,000 common shares of the Company, or its parent xxxxXXX.xxx Corporation, to be issued at such time as the Company's shares become publicly traded, at a strike price equal to the opening price on the first day of trading.
Employee Stock Option Plan. (i) After the completion of the Offshore Reorganization, an employee share option plan (the “Original ESOP”) shall be adopted among the Company and the Founders pursuant to which options to purchase up to 2% of the Ordinary Shares issued and outstanding prior to the Closing may be issued to qualifying officers, directors and employees of the Company Group.
Employee Stock Option Plan. Delete the part of the paragraph starting with the words, "In addition, concurrently" and ending with the words "signed with the Company". Replace the deleted sentences with the following: "In addition, the Employee may earn additional options by meeting or exceeding the financial aspects of the Business Plan as approved by the Compensation Committee. For meeting the Business Plan in any calendar year the Employee shall earn and additional 100,000 options; if the Company exceeds the Business Plan by 5% or more the Employee shall earn an additional 100,000 options, for a total of 200,000 options; and if the Company exceeds the Business by 10% or more the Employee shall earn an additional 100,000 options, for a total of 300,000 options.
Employee Stock Option Plan. It is acknowledged by both parties that the Company does not currently have an Employee Stock Option Plan (ESOP). At the Company's discretion, if such a plan will be adopted by the Company, the Employee will be included in such a plan.
