Additional Grants. The Executive will be eligible for stock option grants (each, if any, a “Supplemental Grant”) after the Initial Grant (any Supplemental Grant together with the Initial Grant, “Options”) in the sole discretion of the Board taking into account the Executive’s performance, the performance of the Company and other factors the Board determines to be relevant. The exercise price of any Supplemental Grant shall be the fair market value of the underlying shares on the date of grant.
Appears in 9 contracts
Samples: Employment Agreement (Global Defense Technology & Systems, Inc.), Employment Agreement (Global Defense Technology & Systems, Inc.), Employment Agreement (Global Defense Technology & Systems, Inc.)
