Common use of Issuance of New Options Clause in Contracts

Issuance of New Options. At the Closing, Kintera shall issue options (the "New Options") to purchase an aggregate of 73,727 shares of Kintera Common Stock to *** and 30,000 shares of Kintera Common Stock to *** in the allocations set forth on Schedule 6.1. The New Options shall be non-qualified stock options issued under Kintera's 2000 Stock Option Plan pursuant to the form of Kintera Stock Option Agreement set forth on Exhibit E (the "Option Agreement"). ARTICLE VI

Appears in 2 contracts

Samples: Asset Purchase Agreement (Kintera Inc), Asset Purchase Agreement (Kintera Inc)

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Issuance of New Options. At the Closing, Kintera shall issue options (the "New Options") to purchase an aggregate of 73,727 370,000 shares of Kintera Common Stock to *** and an aggregate of 30,000 shares of Kintera Common Stock to *** in the allocations set forth on Schedule 6.15.6 at an exercise price of $*** per share. The New Options shall be non-qualified stock options issued under Kintera's 2000 Stock Option Plan pursuant to the form of Kintera Stock Option Agreement set forth on Exhibit E (the "Option Agreement"). The New Options shall vest as set forth in each *** Option Agreement. ARTICLE VI

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Kintera Inc)

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Issuance of New Options. At the Closing, Kintera shall issue options (the "New Options") to purchase an aggregate of 73,727 370,000 shares of Kintera Common Stock to *** and an aggregate of 30,000 shares of Kintera Common Stock to *** with Kintera in the allocations set forth on Schedule 6.15.6 at an exercise price of $*** per share. The New Options shall be non-qualified stock options issued under Kintera's 2000 Stock Option Plan pursuant to the form of Kintera Stock Option Agreement set forth on Exhibit E (the "Option Agreement"). The New Options shall vest as set forth in each *** Option Agreement. ARTICLE VI

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Kintera Inc)

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