Common use of Stock Option Awards Clause in Contracts

Stock Option Awards. As additional compensation for the Services hereunder, (i) the Company will grant to Consultant options to purchase up to 100,000 shares of common stock of the Company, in the form of the Stock Option Agreement provided to Consultant in connection herewith (the “Stock Option Agreement”), and (ii) PAVmed Inc. will grant to Consultant options to purchase up to 25,000 shares of common stock of PAVmed Inc., in substantially the same form of Stock Option Agreement used by PAVmed Inc. in making stock option grants to its officers and directors.

Appears in 3 contracts

Samples: Consulting Agreement (Lucid Diagnostics Inc.), Consulting Agreement (Lucid Diagnostics Inc.), Consulting Agreement (Lucid Diagnostics Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!