Common use of Stock Bonus Clause in Contracts

Stock Bonus. In addition to the compensation payable to Employee pursuant to Sections 2.1 and 2.2, hereof, Employee shall be entitled to receive a bonus consisting of options for shares of the Class A Common Stock of the Company, with such shares representing up to 1.5 million option shares (such shares of voting stock being hereinafter referred to as the Bonus Stock), which Bonus Stock shall be delivered to Employee as follows:

Appears in 1 contract

Samples: Employment Agreement (Sierra Resource Group Inc)

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Stock Bonus. In addition to the compensation payable to Employee pursuant to Sections 2.1 and 2.2, hereof, Employee shall be entitled to receive a bonus consisting of options for shares of the Class A Common Stock of the Company, upon the same terms and conditions as those as approved by the Board, with such shares representing up to 1.5 5 million option shares (such shares of voting stock being hereinafter referred to as the Bonus Stock), which Bonus Stock shall be delivered to Employee as follows:

Appears in 1 contract

Samples: Employment Agreement (Sierra Resource Group Inc)

Stock Bonus. In addition to the compensation payable to Employee pursuant to Sections 2.1 and 2.2, hereof, Employee shall be entitled to receive a bonus consisting of options for shares of the Class A Common Stock of the Company, upon the same terms and conditions as and inclusive of those as approved by the Board of Directors, with such additional shares representing up to 1.5 an additional 40 million option shares (such shares of voting stock being hereinafter referred to as the Bonus Stock), which Bonus Stock shall be delivered to Employee as follows:

Appears in 1 contract

Samples: Employment Agreement (Sierra Resource Group Inc)

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Stock Bonus. In addition to the compensation payable to Employee pursuant to Sections 2.1 and 2.2, hereof, Employee shall be entitled to receive a bonus consisting of options for shares of the Class A Common Stock of the Company, upon the same terms and conditions as and inclusive of those as approved by the Board of Directors, with such additional shares representing up to 1.5 an additional 20 million option shares (such shares of voting stock being hereinafter referred to as the Bonus Stock), which Bonus Stock shall be delivered to Employee as follows:

Appears in 1 contract

Samples: Employment Agreement (Sierra Resource Group Inc)

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