ISOs. If an ISO is granted to an Employee who on the Grant Date is a Ten Percent Holder, the per Share exercise price shall not be less than 110% of the Fair Market Value per Share on such Grant Date. If an ISO is granted to any other Employee, the per Share exercise price shall not be less than 100% of the Fair Market Value per Share on the Grant Date.
Appears in 2 contracts
Sources: Stock Option Award Agreement (Vapotherm Inc), Restricted Stock Award Agreement (Trizetto Group Inc)