Common use of Initial Grant Clause in Contracts

Initial Grant. Following the execution of this Agreement, the Executive shall be granted 500,000 options to acquire common shares in the capital of the Parent, with the price and terms of such options to be established by the Board of Directors of the Parent in accordance with the Parent's stock option plan.

Appears in 5 contracts

Samples: Executive Employment Agreement (Zomedica Corp.), Executive Employment Agreement (Zomedica Pharmaceuticals Corp.), Executive Employment Agreement (Zomedica Pharmaceuticals Corp.)

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Initial Grant. Following the execution of this Agreement, the Executive shall be granted 500,000 200,000 options to acquire common shares in the capital of the Parent, with the price and terms of such options to be established by the Board of Directors of the Parent in accordance with the Parent's stock option plan.

Appears in 2 contracts

Samples: Executive Employment Agreement (Zomedica Corp.), Executive Employment Agreement (Zomedica Pharmaceuticals Corp.)

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