Common use of Performance Restrictions Clause in Contracts

Performance Restrictions. The Recipient of this Option will not have the right to exercise this Option until confirmation by the Board of Directors that the following performance goals have been completed: NONE.

Appears in 2 contracts

Sources: Stock Option Agreement (Esat Inc), Stock Option Agreement (Esat Inc)

Performance Restrictions. The Recipient of this Option will not have the right to exercise this Option until confirmation by the Board of Directors that the following performance goals have been completed: NONE.:

Appears in 2 contracts

Sources: Stock Option Agreement (Esat Inc), Stock Option Agreement (Esat Inc)