Discretionary Grants. In addition to the Initial Options Award contemplated under this Section 4, at the sole discretion of the Board or the Committee, Executive shall be eligible for grants of stock options and other equity awards on an annual basis.
Discretionary Grants. In addition to the Option and Replacement Option grants, at the sole discretion of the Board (or a duly authorized committee thereof), the Executive shall be eligible for additional annual grants of stock options commencing after December 31, 2002.
Discretionary Grants. In addition to the Performance Share and Stock Option Awards under Section 5(a) and (b) above, at the sole discretion of the Board or the Committee, the Executive shall be eligible to participate throughout the Employment Term in such long-term incentive plans and programs as may be in effect from time to time in accordance with the Company’s compensation practices and the terms and provisions of any such plans or programs.
Discretionary Grants. At the sole discretion of the Board or any committee of the Board (the “Committee”) appointed to administer the Company’s Equity Incentive Plan, as may be amended from time to time, or any successor plan (any “Stock Plan”), Executive shall be eligible for grants of stock options and other equity awards of a level commensurate with Executive’s position and similar to other executives of the Company.
Discretionary Grants. In addition to the Stock Award contemplated under this Section, at the sole discretion of the Board, Executive shall be eligible for grants of stock options and other equity awards.
Discretionary Grants. At least one time per year, including following any private equity financing within one year after the Hire Date, the Board shall consider, in good faith, whether to grant additional equity awards to the Executive. In February 2010, Executive was granted a stock option under the Plan to purchase up to one hundred thirteen thousand one hundred and thirty two (113,132) shares of the Company’s Common Stock.
Discretionary Grants. In addition to the Option, at the sole discretion of the Committee, the Executive shall be eligible for additional annual grants of stock options and other equity awards.
Discretionary Grants. Effective on July 1, 2022, the University shall contribute thirty-five thousand dollars ($35,000.00) each fiscal year for an adjunct professional development grant fund.
Discretionary Grants. In addition to the Time-Based RSUs under Section 5(a) and the Performance Shares under Section 5(b) above, at the sole discretion of the Board or the Committee, the Executive shall be eligible to participate throughout the Employment Term in such long-term incentive plans and programs as may be in effect from time to time in accordance with the Company's compensation practices and the terms and provisions of any such plans or programs.
Discretionary Grants. Any Eligible Person that the Plan Administrators in their sole and absolute discretion designate is eligible to receive an Option under this Plan. The award by the Plan Administrators of an Option to a Recipient in any year does not require the Plan Administrators to award an Option to that Recipient in any other year. Furthermore, the Plan Administrators may award different Options to different Recipients and has full discretion to choose whether to grant Options to any eligible person. The Plan Administrators may consider such factors as it deems pertinent in selecting Recipients and in determining the amount of their Options, including, without limitation, (i) the financial condition of the Company or its Subsidiaries; (ii) expected profits for the current or future years; (iii) the contributions of a prospective Recipient to the profitability and success of the Company or its Subsidiaries; and (iv) the adequacy of the prospective Recipient's other compensation. Recipients may include persons to whom stock, stock options, stock appreciation rights, or other benefits previously were granted under this or another plan of the Company or any Subsidiary, whether or not the previously granted benefits have been fully exercised or vested.
