Common use of Employee Stock Options Clause in Contracts

Employee Stock Options. During the term of this Agreement, the Executive shall be eligible to receive annually options to purchase a minimum amount of fifty (50,000) thousand shares of the Corporation’s Common Stock in accordance with the terms and provisions of the Corporation’s Amended and Restated Stock Option Plan (the “Plan”). Such options shall vest in accordance with the terms of the Plan, a copy of which has been provided to the Executive.

Appears in 2 contracts

Samples: Executive Employment Agreement (Hi Tech Pharmacal Co Inc), Amended And (Hi Tech Pharmacal Co Inc)

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Employee Stock Options. During the term of this Agreement, the Executive shall be eligible to receive annually options to purchase a minimum amount of fifty (50,000) thousand shares of the Corporation’s Common Stock in accordance with the terms and provisions of the Corporation’s Amended and Restated Stock Option 2012 Incentive Compensation Plan (the “Plan”). Such options shall vest in accordance with the terms of the Plan, a copy of which has been provided to the Executive.

Appears in 1 contract

Samples: Amended And (Hi Tech Pharmacal Co Inc)

Employee Stock Options. During the term of this Agreement, the Executive shall be eligible to receive annually options to purchase a minimum amount of fifty (50,000) thousand shares of the Corporation’s Common Stock in accordance with the terms and provisions of the Corporation’s Amended and Restated 2009 Stock Option Plan (the “Plan”). Such options shall vest in accordance with the terms of the Plan, a copy of which has been provided to the Executive.

Appears in 1 contract

Samples: Executive Employment Agreement (Hi Tech Pharmacal Co Inc)

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Employee Stock Options. During the term of this Agreement, the ---------------------- Executive shall be eligible to receive annually options to purchase a minimum amount of fifty (50,000) thousand shares of the Corporation’s 's Common Stock in accordance with the terms and provisions of the Corporation’s 's Amended and Restated Stock Option Plan (the "Plan"). Such options shall vest in accordance with the terms of the Plan, a copy of which has been provided to the Executive.

Appears in 1 contract

Samples: Executive Employment Agreement (Hi Tech Pharmacal Co Inc)

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