Shares Subject to Plan. By entering into this Agreement, the Participant agrees and acknowledges that the Participant has received and read a copy of the Plan. The Shares granted hereunder are subject to the Plan. The terms and provisions of the Plan, as it may be amended from time to time, are hereby incorporated herein by reference. In the event of a conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail.
Shares Subject to Plan. Upon the exercise of any Option, the Company may deliver to the Participant authorized but unissued Common Stock. The maximum aggregate number of shares of Common Stock that may be issued pursuant to the exercise of Options under this Plan is 75,000, subject to the adjustment as provided in Article XII. If an Option is cancelled by mutual agreement of the Company and a Participant or terminated, in whole or in part, for any reason other than its exercise, the number of shares of Common Stock allocated to the Option or portion thereof may be reallocated to other Options to be granted under this Plan.
Shares Subject to Plan. The Shares awarded pursuant to the Plan are subject to all of the terms and conditions of the Plan, the terms of which are hereby expressly incorporated and made a part hereof. Any conflict between this Agreement and the Plan shall be controlled by, and settled in accordance with the terms of the Plan. Employee acknowledges that Employee has received, read and understood the provisions of the Plan and agrees to be bound by its terms and conditions.
Shares Subject to Plan. The shares of stock subject to Awards shall be shares of the Company’s common stock, par value $0.001 per share. The aggregate number of such shares which may be issued pursuant to the Plan shall not exceed Two Million Five Hundred Thousand (2,500,000). The shares of Common Stock issuable pursuant to Awards may be either previously authorized but unissued shares or treasury shares.
Shares Subject to Plan. The aggregate number of Shares that may be issued pursuant to the Plan shall be 7,500,000 Shares. The number of Shares reserved for issuance to any one person pursuant to options granted pursuant to this Plan or otherwise shall not exceed 5% of the outstanding Shares.
Shares Subject to Plan. Subject to adjustment as provided in this Plan, the total number of Shares which may be issued under this Plan shall be 50,000.
Shares Subject to Plan. The Option and the Option Shares granted and issued pursuant to this Agreement have been granted and issued under, and are subject to the terms of the Plan. The terms of the Plan are incorporated by reference in this Agreement in their entirety, and the Optionee, by execution of this Agreement, acknowledges having received a copy of the Plan. The provisions of this Agreement will be interpreted as to be consistent with the Plan, and any ambiguities in this Agreement will be interpreted by reference to the Plan. Except as set forth in Sections 7 and 8, in the event that any provision of this Agreement is inconsistent with the terms of the Plan, the terms of the Plan will prevail.
Shares Subject to Plan. The shares of stock subject to Options shall be shares of the Company's Common Stock. The aggregate number of such shares which may be delivered upon exercise of Options shall not exceed 2,681,250 (adjusted to reflect the 3-for-2 stock splits of June 1993 and February 1996, and the 10% stock dividend of June 1995) subject to adjustments required by this Plan and as may be required by Rule 16b-3. Shares subject to outstanding options shall be reserved for issuance under the Plan.
Shares Subject to Plan. 4.1 Options may be granted in respect of authorized and unissued Shares, provided that the aggregate number of Shares that may be issued under this Plan, subject to adjustment or increase of such number pursuant to the provisions of Article 8, shall not exceed 2,626,056 Shares, or 10% of the outstanding Shares, on a rolling basis, in respect of which Options are not exercised shall be available for subsequent Options under the Plan. No fractional shares may be purchased or issued under the Plan.
Shares Subject to Plan. The shares issued under the Plan shall not exceed in the aggregate 150,000 shares of Common Stock. Such shares may be authorized and unissued shares or treasury shares.
