Common use of Signing Incentives Clause in Contracts

Signing Incentives. Subject to the approval of Board of Point BioPharma Inc. (the “Parent”), you will be granted a non-qualified option to purchase 50,000 shares of the Common Stock of Parent (the “Option”), subject to the terms and conditions applicable to options granted under the Equity Incentive Plan and the stock option agreement (together with the Equity Incentive Plan, the “Option Agreement”). The exercise price per share of the Option will be equal to the fair market value per share of the Parent’s Common Stock on the date the Option is granted, as determined by the Parent Board.

Appears in 2 contracts

Samples: Employment Agreement (Therapeutics Acquisition Corp.), Employment Agreement (Therapeutics Acquisition Corp.)

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Signing Incentives. Subject to the approval of Board of Point BioPharma Inc. (the “Parent”), you will be granted a non-qualified nonqualified option to purchase 50,000 2,500 shares of the Common Stock shares of Parent (the “Option”), subject to the terms and conditions applicable to options granted under the Equity Incentive Plan and the stock option agreement (together with the Equity Incentive Plan, the “Option Agreement”). The exercise price per share of the Option will be equal to the fair market value per share of the Parent’s Common Stock on the date the Option is granted, as determined by the Parent Board.

Appears in 2 contracts

Samples: Therapeutics Acquisition Corp., Therapeutics Acquisition Corp.

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Signing Incentives. Subject to the approval of Board of Point BioPharma Inc. (the “Parent”), you will be granted a non-qualified option to purchase 50,000 7,500 shares of the Common Stock of Parent (the “Option”), subject to the terms and conditions applicable to options granted under the Equity Incentive Plan and the stock option agreement (together with the Equity Incentive Plan, the “Option Agreement”). The exercise price per share of the Option will be equal to the fair market value per share of the Parent’s Common Stock on the date the Option is granted, as determined by the Parent Board.

Appears in 2 contracts

Samples: Employment Agreement (Therapeutics Acquisition Corp.), Employment Agreement (Therapeutics Acquisition Corp.)

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