Common use of Stock Options and Restricted Stock Grants Clause in Contracts

Stock Options and Restricted Stock Grants. The Executive shall be eligible for additional stock options and restricted stock grants under any of the Company’s stock option and restricted stock plans in an amount determined by the Management Development and Compensation Committee, subject to approval by the Board of Directors, and which is commensurate with the level of option awards and stock grants made to other senior Executives of the Company. Such options and/or grants shall be subject to the terms and conditions of the applicable standard stock option and restricted stock plans and agreements adopted by the Company.

Appears in 5 contracts

Samples: Employment Agreement (Telos Corp), Employment Agreement (Telos Corp), Employment Agreement (Telos Corp)

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Stock Options and Restricted Stock Grants. The Executive shall be eligible for additional stock options and restricted stock grants under any of the Company’s stock option and restricted stock plans in an amount determined recommended by the Management Development and Compensation Committee, subject to approval Committee and approved by the Board of Directors, and which is commensurate with the level of option awards and stock grants made to other senior Executives of the Company. Such options and/or grants shall be subject to the terms and conditions of the applicable standard stock option and restricted stock plans and agreements adopted by the Company.

Appears in 4 contracts

Samples: Employment Agreement (Telos Corp), Employment Agreement (Telos Corp), Employment Agreement (Telos Corp)

Stock Options and Restricted Stock Grants. The Executive shall be eligible for additional stock options and restricted stock grants under any of the Company’s stock option and restricted stock plans in an amount determined recommended by the Management Development Chief Executive Officer and Compensation Committee, subject to approval approved by the Board of Directors, and which is commensurate with the level of option awards and stock grants made to other senior Executives of the Company. Such options and/or grants shall be subject to the terms and conditions of the applicable standard stock option and restricted stock plans and agreements adopted by the Company.

Appears in 2 contracts

Samples: Employment Agreement (Telos Corp), Employment Agreement (Telos Corp)

Stock Options and Restricted Stock Grants. The Executive shall be eligible for additional stock options and restricted stock grants under any of the Company’s stock option and restricted stock plans in an amount determined by the Management Development and Compensation Committee, subject to approval by the Board of Directors, and which is commensurate with the level of option awards and stock grants made to other senior Executives of the Company. Such options and/or grants shall be subject to the terms and conditions of the applicable standard stock option and restricted stock plans and agreements adopted by the Company.

Appears in 1 contract

Samples: Employment Agreement (Telos Corp)

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Stock Options and Restricted Stock Grants. The Executive shall be eligible for additional stock options and restricted stock grants under any of the Company’s stock option and restricted stock plans grants, for which is he eligible to participate, in an amount determined by the Management Development recommended and Compensation Committee, subject to approval by the Board of Directors, and which is commensurate approved in accordance with the level of option awards and stock grants made to other senior Executives then-existing requirements of the CompanyCompany and/or its affiliates governing internal recommendation and approval of such benefits. Such options and/or grants shall be subject to the terms and conditions of the applicable standard stock option and restricted stock plans and agreements adopted by the Companyagreements.

Appears in 1 contract

Samples: Employment Agreement (Telos Corp)

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