Common use of Stock Subject to the Plan Clause in Contracts

Stock Subject to the Plan. The stock to be offered under this Plan shall be shares of the Company's authorized but unissued Class B Common Stock. The aggregate amount of Class B Common Stock that may be issued or transferred pursuant to Awards granted under this Plan shall not exceed 100,000 shares, subject to adjustment as set forth in Section 4.2. If any Option shall lapse or terminate (either by its terms or as a result of the repurchase by the Company of such Option) without having been exercised in full, the unpurchased shares subject thereto shall again be available for purposes of this Plan."

Appears in 1 contract

Samples: Award Agreement (Ixl Enterprises Inc)

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Stock Subject to the Plan. The stock to be offered under this Plan shall be shares of the Company's authorized but unissued Class B Common Stock. The aggregate amount of Class B Common Stock that may be issued or transferred pursuant to Awards granted under this Plan shall not exceed 100,000 150,000 shares, subject to adjustment as set forth in Section 4.2. If any Option shall lapse or terminate (either by its terms or as a result of the repurchase by the Company of such Option) without having been exercised in full, the unpurchased shares subject thereto shall again be available for purposes of this Plan."

Appears in 1 contract

Samples: Award Agreement (Ixl Enterprises Inc)

Stock Subject to the Plan. The stock to be offered under this Plan shall be shares of the Company's authorized but unissued Class B Common Stock. The aggregate amount of Class B Common Stock that may be issued or transferred pursuant to Awards granted under this Plan shall not exceed 100,000 Two Million (2,000,000) shares, subject to adjustment as set forth in Section 4.2. If any Option shall lapse or terminate (either by its terms or as a result of the repurchase by the Company of such Option) without having been exercised in full, the unpurchased shares subject thereto shall again be available for purposes of this Plan."

Appears in 1 contract

Samples: Award Agreement (Unico Inc)

Stock Subject to the Plan. The stock to be offered under this Plan shall be shares of the Company's authorized but unissued Class B Common Stock. The aggregate amount of Class B Common Stock that may be issued or transferred pursuant to Awards granted under this Plan shall not exceed 100,000 One Million (1,000,000) shares, subject to adjustment as set forth in Section 4.2. If any Option shall lapse or terminate (either by its terms or as a result of the repurchase by the Company of such Option) without having been exercised in full, the unpurchased shares subject thereto shall again be available for purposes of this Plan."

Appears in 1 contract

Samples: Award Agreement (Ixl Enterprises Inc)

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Stock Subject to the Plan. The stock to be offered under this Plan shall be shares of the CompanyCorporation's authorized but unissued Class B Common Stock. The aggregate amount of Class B Common Stock that may be issued or transferred pursuant to Awards granted under this Plan shall not exceed 100,000 24,405 shares, subject to adjustment as set forth in Section 4.2. If any Option shall lapse or terminate (either by its terms or as a result of the repurchase by the Company of such Option) without having been exercised in full, the unpurchased shares subject thereto shall again be available for purposes of this Plan."

Appears in 1 contract

Samples: Award Agreement (Ixl Enterprises Inc)

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