Common use of Future Grants Clause in Contracts

Future Grants. In addition to the stock options previously granted to the Executive, the Executive shall be eligible for periodic grants of stock options or other equity awards under the Company’s equity award program, subject to the Executive’s continued employment hereunder. The terms, exercise price (if applicable), vesting period, any post-termination of employment provisions, and other provisions of each stock option or other equity award granted pursuant to this Section 3.3 shall, subject to the express provisions of this Agreement, be determined by the Compensation Committee at the time of grant of the option or other equity award.

Appears in 4 contracts

Samples: Employment Agreement (Ultratech Inc), Employment Agreement (Ultratech Inc), Employment Agreement (Ultratech Inc)

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Future Grants. In addition to the stock options previously granted to the Executive, the Executive shall be eligible for periodic grants of stock options or other equity awards under the Company’s equity award program, subject to the Executive’s continued employment hereunder. The termsterm, exercise price (if applicable), vesting period, any post-termination of employment provisions, provisions (including post- employment exercise periods) and other the remaining provisions of each stock option or other equity award granted pursuant to this Section 3.3 shall, subject to the express provisions of this Restated Agreement, be determined by the Compensation Committee at the time of grant of the option or other equity awardgrant.

Appears in 1 contract

Samples: Employment Agreement (Ultratech Inc)

Future Grants. In addition to the stock options previously granted to the Executive, the Executive shall be eligible for periodic grants of stock options or other equity awards under the Company’s 's equity award program, subject to the Executive’s 's continued employment hereunder. The terms, exercise price (if applicable), vesting period, any post-termination of employment provisions, and other provisions of each stock option or other equity award granted pursuant to this Section 3.3 shall, subject to the express provisions of this Agreement, be determined by the Compensation Committee at the time of grant of the option or other equity award.

Appears in 1 contract

Samples: Employment Agreement (Ultratech Inc)

Future Grants. In addition to the stock options previously granted to the Executive, the Executive shall be eligible for periodic grants of stock options or other equity awards under the Company’s equity award program, subject to the Executive’s continued employment hereunder. The termsterm, exercise price (if applicable), vesting period, any post-termination of employment provisions, provisions (including post-employment exercise periods) and other the remaining provisions of each stock option or other equity award granted pursuant to this Section 3.3 shall, subject to the express provisions of this Restated Agreement, be determined by the Compensation Committee at the time of grant of the option or other equity awardgrant.

Appears in 1 contract

Samples: Employment Agreement (Ultratech Inc)

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Future Grants. In addition to the stock options previously granted to the Executive, the Executive shall be eligible for periodic grants of stock options or other equity awards under the Company’s 's equity award program, subject to the Executive’s 's continued employment hereunder. The termsteens, exercise price (if applicable), vesting period, any post-termination of employment provisions, and other provisions of each stock option or other equity award granted pursuant to this Section 3.3 shall, subject to the express provisions of this Agreement, be determined by the Compensation Committee at the time of grant of the option or other equity award.

Appears in 1 contract

Samples: Employment Agreement (Ultratech Inc)

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