Stock Grants and Options Sample Clauses

Stock Grants and Options. Subject to Executive’s performance and the approval of the Compensation Committee of the Board of Directors, Executive shall be eligible to receive stock grants and/or stock options and to participate in other bonus programs as established by the Company and as directed by the Board.
Sample 1Sample 2
AutoNDA by SimpleDocs
Stock Grants and Options. Executive shall be entitled to Splash Beverage Group Inc.’s Equity and Stock Plan and as outlined in the Offer Letter (See schedule A below).
Sample 1Sample 2
Stock Grants and Options. Effective as of the date herein, the Executive shall receive an aggregate of 150,000 three year options to purchase shares of Company Common stock at an exercise price of $5.00 per share (with a cashless exercise provision) which will vest as follows: 50,000 Options will vest two years from the date hereof; 100,000 Options will vest upon CFWH having an EBITDA $14,000,000 on or before the end of the Employment Period. Executive agrees that should he be terminated under the provision in section Seven (7), no options shall vest after the termination date; in the event the termination is pursuant to section Seven (7)(a), (b), (c) or (d), all vested options will be cancelled.
Sample 1
Stock Grants and Options. The Executive shall also receive an aggregate of 210,000,five year options to purchase common stock in the Company as follows:
Sample 1
Stock Grants and Options. Upon execution of this Agreement, EMPLOYEE shall receive 500,000 shares of BIOMED RESEARCH TECHNOLOGIES, Inc.'s common stock vested twelve (12) months from the date of this Agreement.
Sample 1
Stock Grants and Options 
Sample 1Sample 2Sample 3See All (8)

Related to Stock Grants and Options

  • Stock Options With respect to the stock options (the “Stock Options”) granted pursuant to the stock-based compensation plans of the Company and its subsidiaries (the “Company Stock Plans”), (i) each Stock Option intended to qualify as an “incentive stock option” under Section 422 of the Code so qualifies, (ii) each grant of a Stock Option was duly authorized no later than the date on which the grant of such Stock Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required stockholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Stock Plans, the Exchange Act and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange and any other exchange on which Company securities are traded, and (iv) each such grant was properly accounted for in accordance with GAAP in the financial statements (including the related notes) of the Company and disclosed in the Company’s filings with the Commission in accordance with the Exchange Act and all other applicable laws. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Stock Options prior to, or otherwise coordinating the grant of Stock Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.

Time is Money Join Law Insider Premium to draft better contracts faster.