Common use of Initial Options Clause in Contracts

Initial Options. Executive shall, on the Effective Date, be granted stock options for zero (0) shares of the common stock of the Company (the "Initial Options") pursuant to an option agreement. The exercise price of the Initial Options will be $180 per share. The Initial Options are subject to the terms and conditions of the "Xxxxxx Healthcare, Inc. Amended and Restated Stock Incentive Plan" (the "Restated Option Plan").

Appears in 2 contracts

Samples: Employment Agreement (Molina Healthcare Inc), Employment Agreement (Molina Healthcare Inc)

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Initial Options. Executive shall, on the Effective Date, be granted stock options for zero (0) 4,000 shares of the common stock of the Company (the "Initial Options") pursuant to an the option agreement. The first 1,000 shares vesting on December 31, 2001. The exercise price of the Initial Options will be $180 per share. The Initial Options are subject to the terms and conditions of the "Xxxxxx Healthcare, Inc. Amended and Restated Stock Incentive Plan" (the "Restated Option Plan").

Appears in 1 contract

Samples: Employment Agreement (Molina Healthcare Inc)

Initial Options. Executive shall, on the Effective Date, be granted stock options for zero one thousand eight hundred (01,800) shares of the common stock of the Company (the "β€œInitial Options"”) pursuant to an option agreement. The exercise price of the Initial Options will be $180 per share. The Initial Options are subject to the terms and conditions of the "Xxxxxx Healthcare, Inc. Amended and Restated Stock Incentive Plan" (the "Restated Option Plan").

Appears in 1 contract

Samples: Employment Agreement (Molina Healthcare Inc)

Initial Options. Executive shall, on the Effective Date, be granted stock options for zero one thousand eight hundred (01,800) shares of the common stock of the Company (the "Initial Options") pursuant to an option agreement. The exercise price of the Initial Options will be $180 per share. The Initial Options are subject to the terms and conditions of the "Xxxxxx Healthcare, Inc. Amended and Restated Stock Incentive Plan" (the "Restated Option Plan").

Appears in 1 contract

Samples: Employment Agreement (Molina Healthcare Inc)

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Initial Options. Executive shall, on the Effective Date, be granted stock options for zero sixty five hundred (06500) shares of the common stock of the Company (the "Initial Options") pursuant to an option agreement. agreement The exercise price of the Initial Options will be $$ 180 per share. The Initial Options are subject to the terms and conditions of the "Xxxxxx Healthcare, Inc. Amended and Restated Stock Incentive Plan" (the "Restated Option Plan").

Appears in 1 contract

Samples: Employment Agreement (Molina Healthcare Inc)

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