Stock Incentive. Executive shall be eligible to participate in the Company' stock option, stock purchase, or other stock incentive plans which are generally available to executive officers of the Company and shall be eligible for the grant of stock options, restricted stock or other awards there under in accordance with the terms and provisions of such plans. The executive will be granted 80,000 options of the company’s stock, subject to the approval of the board of directors. The options will vest in accordance with the company’s stock option plan. Company represents and warrants that it shall timely prepare and file with the Securities and Exchange Commission all documents as may be necessary to comply with the provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934, each as amended, with respect to such plans and Executive’s grants and awards thereunder.
Stock Incentive. The Employee shall also have the right to purchase fifty Million (50,000,000) shares of common stock at par value of the Company’s Common Stock at a price of .0001. These share will be restricted shares of common stock. The employee shall also be granted 2.500.000 shares of stock every quarter on the 15 day of the following month ie june 15 sept 15 dec 15 march 15.
Stock Incentive. Employee shall be given an initial grant of 50,000,000 fully-vested shares of common stock of the Company, as an inducement to enter into this Agreement
Stock Incentive. Executive shall be eligible to participate in the Company’ stock option, stock purchase, or other stock incentive plans which are generally available to executive officers of the Company and shall be eligible for the grant of stock options, restricted stock or other awards there under in accordance with the terms and provisions of such plans. Company represents and warrants that it shall timely prepare and file with the Securities and Exchange Commission all documents as may be necessary to comply with the provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934, each as amended, with respect to such plans and Executive’s grants and awards thereunder.
Stock Incentive. Arrangement The Original Shareholders and the Company confirm and covenant that the Company will establish employees stock incentive plan. The Parties confirm that the 4.5 % equity of the Company held by Xxxxx Xxx on a post-closing basis shall be used for the Company’s future employees stock incentive plan. The Original Shareholders confirm and covenant that he will transfer his stocks of no more than 4.5 % equity of the Company on a post-closing basis at the price to the qualified people under the plan approved by the board, and require the transferees to execute relevant non-competition and stock option agreement to associate the stocks vested with the service term for the purpose to incentive and retain the core team of the Company. The exercising term of such plan shall be four years.
Stock Incentive. Executive shall be eligible to participate in the Company’s stock option, stock purchase, or other stock incentive plans which are generally available to executive officers of the Company and shall be eligible for the grant of stock options, restricted stock or other awards there under in accordance with the terms and provisions of such plans. The executive will be granted 100,000 options of the company’s stock, subject to the approval of the board of directors. The options will vest in accordance with the company’s stock option plan. In addition, the executive will be given an additional grant of 50,000 options, upon the achievement of certain agreed upon performance objectives, to be determined by the Committee. Company represents and warrants that it shall timely prepare and file with the Securities and Exchange Commission all documents as may be necessary to comply with the provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934, each as amended, with respect to such plans and Executive’s grants and awards thereunder.
Stock Incentive. Employee will participate in a Benefitfocus stock plan under separate agreement. Said Stock Option grant will include: Grant: .80% of all outstanding stock on a fully diluted basis as of July 1, 2011 Vesting: 25% after 1 year followed by 1/36 per month vesting of the remaining unvested options over the next thirty-six (36) months. Xxxxx Xxxxx: Price of Options as valued on July 1, 2011 The Company agrees to accelerate your stock option vesting to 100% in the event of a Change in Control of the Company, as defined herein, only if you are terminated within 12 months after the Change in Control without Cause, including a change in your position from Chief Financial Officer or a change in your duties and responsibilities.
Stock Incentive. The parties acknowledge that SXXXXXX has no vested stock incentives.
Stock Incentive. (i) For purposes of this Section 3(c), “
Stock Incentive. In additional consideration for your employment with the Company, you shall be entitled to a stock incentive, in accordance with the terms and conditions set forth in Exhibit A.
