Common use of Other Options Clause in Contracts

Other Options. During the Term of Employment, the Employee shall be eligible to be granted options (in addition to the Initial Options) to purchase Ordinary Shares at such price and subject to such terms as provided by the Company's Initial Stock Option Plan, in the sole discretion of the Board of Directors of the Company.

Appears in 5 contracts

Sources: Employment Agreement (Annuity & Life Re Holdings LTD), Employment Agreement (Annuity & Life Re Holdings LTD), Employment Agreement (Annuity & Life Re Holdings LTD)

Other Options. During the Term of Employment, the Employee shall will be eligible to be granted options (in addition to the Initial Options) to purchase Ordinary Shares shares of Common Stock at such price and subject to such terms as provided by the Company's Initial Stock Option Plan, in the sole discretion of the Board of Directors of the Company.

Appears in 1 contract

Sources: Employment Agreement (Transpro Inc)