GRANTING OF STOCK OPTIONS. As an additional inducement to Employee to enter into this Agreement with Employer and to render his services to Employer under a long-term basis and as additional compensation to him for services to be rendered under the provisions of this Agreement, Employer has agreed to grant to Employee certain stock options to acquire Employer’s Common Stock on or before June 1, 1999. The stock options have been granted by Employer to Employee pursuant to that certain Gulfport Energy Corporation Stock Option Plan (“Plan”) to be enacted by Employer. In order to evidence these stock options, the Employer has also prepared and will execute and enter into with Employee, contemporaneously with this Agreement, that certain Gulfport Energy Corporation Stock Option Agreement (“Stock Option Agreement”), which will set forth the terms and conditions of the successive stock options to be granted to Employee by Employer in accordance herewith and the manner and method of exercising such options and acquiring such stock by Employee. Attached as Exhibit “A” to this Agreement, and by this reference made a part hereof, is an executed copy of the Stock Option Agreement entered into by and between Employer and Employee this same date in fulfillment of the contractual obligations of Employer.
GRANTING OF STOCK OPTIONS. (a) Only key Employees shall be eligible to receive Stock Options under the Plan. Directors of the Company who are not also Employees shall not be eligible for Stock Options.
GRANTING OF STOCK OPTIONS. Because we feel that a key manager of ------------------------- any business should have an owner's interest in the success of that business, which is best measured by the long term increases in the value of that business, in consideration of future services to be rendered to the Company by you, the Company will enter into an agreement with you as of the date hereof with respect to granting you options to acquire 250,000 shares of the Company's Common Stock, subject to the following essential terms and conditions: The options will vest and be exercisable as follows:
GRANTING OF STOCK OPTIONS. In consideration for the revisions to the Employment Agreement as set forth herein, the Company has issued options to purchase 396,000 shares of the Company's Common Stock pursuant to the terms of that certain Stock Option Agreement between the Company and the Employee with a grant date of January 16, 1997.
GRANTING OF STOCK OPTIONS. As an additional inducement to Norton to enter into this Amended Agreement with LFC and Bank and to render his services to LFC and Bank upon a long-term basis and as additional compensation to him for services to be rendered under the provisions of this Amended Agreement, LFC, has granted to Norton certain stock options to acquire LFC's Common Stock. The stock options have been granted by LFC to Norton pursuant to that certain Local Financial Corporation 1998 Stock Option Plan ("Plan"). In order to evidence these stock options, LFC has executed and entered into with Norton that certain 1998 Non-Qualified Stock Option Agreement dated effective as of September 23, 1998 ("Stock Option Agreement"), which sets forth the terms and conditions of the stock options granted to Norton by LFC in accordance herewith and the manner and method of exercising such options and acquiring such stock by Norton. Attached as Exhibit "A" to this Amended Agreement, and by this reference made a part hereof, is an executed copy of the Stock Option Agreement.
GRANTING OF STOCK OPTIONS. (a) Subject to the terms and -------------------------- conditions of the CGX 1998 Employee Equity Plan (the "Plan") (a copy of which Plan shall be provided to Employee) and to the vesting requirements, forfeiture provisions and other terms and conditions set forth on the form of Incentive Stock Option Certificate, the form of which is attached hereto, and as an inducement to entering into this Agreement, Employer hereby grants to Employee stock options equal to 40,000 shares at the option price and on the vesting schedule specified on the attached form of Incentive Stock Option Certificate ("Incentive Stock Options"). Such Incentive Stock Options shall be in addition to and separate from all other stock options previously granted to Employee under the Plan.
GRANTING OF STOCK OPTIONS. As an additional inducement to Townxxxx xx enter into this Amended Agreement with LFC and Bank and to render his services to LFC and Bank upon a long-term basis and as additional compensation to him for services to be rendered under the provisions of this Amended Agreement, LFC, has granted to Townxxxx xxxtain stock options to acquire LFC's Common Stock. The stock options have been granted by LFC to Townxxxx xxxsuant to that certain Local Financial Corporation 1998 Stock Option Plan ("Plan"). In order to evidence these stock options, LFC has executed and entered into with Townxxxx xxxt certain 1998 Non-Qualified Stock Option Agreement dated effective as of September 23, 1998 ("Stock Option Agreement"), which sets forth the terms and conditions of the stock options granted to Townxxxx xx LFC in accordance herewith and the manner and method of exercising such options and acquiring such stock by Townxxxx. Xxtached as Exhibit "A" to this Amended Agreement, and by this reference made a part hereof, is an executed copy of the Stock Option Agreement.
GRANTING OF STOCK OPTIONS. Executive shall receive stock options to purchase up to 160,000 shares of the Common Stock (the "Stock Options") under the Company's 2000 Stock Incentive Plan (the "2000 Plan"). The strike price of the Stock Options shall be the price of the Common Stock on the date of this Agreement. The Stock Options shall be subject to a vesting schedule as follows:
