Common use of Initial Grant of Stock Options Clause in Contracts

Initial Grant of Stock Options. On the Closing Date, Parent shall grant a stock option to purchase 600,700 shares of class A common stock of Parent (“Parent Stock”), which shall be subject to the terms and conditions of the Xxxx Health, Inc. 2021 Stock Option and Incentive Plan (the “2021 Plan”) and an equity award agreement substantially in the form of the Non-Qualified Stock Option Agreement attached hereto as Exhibit C.

Appears in 2 contracts

Samples: Employment Agreement (Jaws Acquisition Corp.), Employment Agreement (Cano Health, Inc.)

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Initial Grant of Stock Options. On the Closing Date, Parent shall grant a stock option to purchase 600,700 2,820,000 shares of class A common stock of Parent (“Parent Stock”), which shall be subject to the terms and conditions of the Xxxx Health, Inc. 2021 Stock Option and Incentive Plan (the “2021 Plan”) and an equity award agreement substantially in the form of the Non-Qualified Stock Option Agreement attached hereto as Exhibit C.

Appears in 2 contracts

Samples: Employment Agreement (Cano Health, Inc.), Employment Agreement (Jaws Acquisition Corp.)

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