Common use of Inducement Grant Clause in Contracts

Inducement Grant. The Option was granted to the Participant pursuant to the inducement grant exception under NASDAQ Stock Market Rule 5635(c)(4), and not pursuant to the Company’s 2010 Stock Incentive Plan (the “Plan”) or any equity incentive plan of the Company, as an inducement that is material to the Participant’s employment with the Company.

Appears in 2 contracts

Samples: Stock Option Agreement (MEI Pharma, Inc.), Stock Option Agreement (Infinity Pharmaceuticals, Inc.)

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Inducement Grant. The Option was granted to the Participant pursuant to the inducement grant exception under NASDAQ Nasdaq Stock Market Rule 5635(c)(4), and not pursuant to the Company’s 2010 Stock 2019 Equity Incentive Plan (the “Plan”) or any equity incentive plan of the Company, as an inducement that is material to the Participant’s employment with the Company.

Appears in 2 contracts

Samples: Stock Option Agreement (MEI Pharma, Inc.), Nonstatutory Stock Option Agreement (Infinity Pharmaceuticals, Inc.)

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Inducement Grant. The Option was granted to the Participant pursuant to the inducement grant exception under NASDAQ Stock Market Rule 5635(c)(4), and not pursuant to the Company’s 2010 2015 Stock Incentive Plan (the “Plan”) or any equity incentive plan of the Company, as an inducement that is material to the Participant’s employment with the Company.

Appears in 1 contract

Samples: Stock Option Agreement (Achillion Pharmaceuticals Inc)

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