Stock Incentive Program. Employee shall be entitled to participate in the Guaranty Bank and Trust Company, 1999 Stock Incentive Plan, and any successor plan.
Stock Incentive Program. In addition to new hire option grants and any other outstanding options that Executive may currently hold, Executive is eligible to participate in the Stock Incentive Program (the “Program”) whereby each year Executive may receive an option for up to that number shares of Company Common Stock (the “Option”), as determined by the board of directors of the Company. The number of shares awarded will be based solely on the Company’s achievement of business and other goals solely determined by the Board prior to the start of each fiscal year. Options earned under this Program will be granted no later than February following the close of the applicable fiscal year. Any Option granted pursuant to this Program will have a purchase price equal to the fair market value on the grant date, and shall be subject to the terms of incentive stock option agreement or a notice of stock option grant, as is appropriate. The Option will vest and become exercisable over a four (4) year vesting period such that 1/48 of the total number of Option shares will vest and become exercisable on each monthly anniversary. Vesting is contingent upon Executive’s continued employment with the Company.
Stock Incentive Program. In addition to new hire option grants of 500,000 shares of Company Common Stock (the “Option”) , and any other outstanding options that Executive may currently hold, Executive is eligible to participate in the Company’s 2022 Equity Incentive Plan (the “Program”). The number of shares awarded will be based solely on the Company’s achievement of business and other goals solely determined by the Board prior to the start of each fiscal year. Options earned under this Program will be granted no later than February following the close of the applicable fiscal year. Any Option granted pursuant to this Program will have a purchase price equal to the fair market value on the grant date, and shall be subject to the terms of a notice of stock option grant. The Option will vest and become exercisable on the first anniversary date of this Agreement. Vesting is contingent upon Executive’s continued employment with the Company.
Stock Incentive Program. At some point in the future, Employee may be entitled to participate in Eco's stock incentive program and would do so based on the terms and conditions as spelled out in the proposed Non-qualified Stock Option Plan, a copy has been provided to Employee. Employer and Eco reserve the right to amend or terminate such non-qualified Stock Option Plan, in their sole discretion.
Stock Incentive Program. The Executive is eligible to be granted stock based compensation in accordance with the terms and conditions of the KAL Energy Stock Incentive Plan Prospectus, as may be varied by The Company from time to time.
Stock Incentive Program. Employee shall be entitled to participate in Eco's stock incentive program and may do so in accordance with the terms and conditions spelled out in that certain Non-qualified Stock Option Plan effective October 1, 1995, a copy of which is attached hereto as Exhibit "A" and incorporated herein by this reference.
Stock Incentive Program. As an existing employee you have been granted equity pursuant to the Company’s Stock Incentive Plan. The terms of these equity grants will not change from those set out when granted. Additional equity may be awarded from time to time at the sole discretion of the Company.
Stock Incentive Program. In addition to new hire option grants and any other outstanding options that Executive may currently hold, Executive is eligible to participate in the Stock Incentive Program (the "Program") whereby each year Executive may receive an option for up to 15,000 shares of Company Common Stock (the "Option"). The number of shares awarded will be based solely on the Company's achievement of scientific and business goals solely determined by the Board prior to the start of each fiscal year. Options earned under this Program will be granted no later than February following the close of the applicable fiscal year. Any Option granted pursuant to this Program will have a purchase price equal to the fair market value on the grant date, and shall be subject to the terms of a Stock Option Agreement, the form of which is attached hereto as Exhibit A. The Option will vest and become exercisable over a four (4) year vesting period such that 1/48 of the total number of Option shares will vest and become exercisable on each monthly anniversary. Vesting is contingent upon Executive's continued employment with the Company.
Stock Incentive Program. In addition to new hire option grants and any other outstanding options that Executive may currently hold, Executive is eligible to participate in the Stock Incentive Program (the “Program”) whereby each year Executive may receive an option for up to eight hundred thousand (800,000) shares of Company Common Stock (the “Option”). The number of shares awarded, if any, will be based solely on the Company’s achievement of business and other goals solely determined by the Board prior to the start of each fiscal year. Options earned under this Program, if any, will be granted no later than February following the close of the applicable fiscal year. Any Option granted pursuant to this Program will have a purchase price equal to the fair market value on the grant date, and shall be subject to the terms of an incentive stock option agreement or a notice of stock option grant, as is appropriate. Vesting shall be contingent upon Executive’s continued employment with the Company.
Stock Incentive Program. (a) At the sole discretion of the Board of Directors of Data Storage Corporation, the Executive will be entitled earn Data Storage Corporation stock options (the “Options”) to acquire shares of common stock of Data Storage Corporation in accordance with a “Revenue Benchmark Program” (as defined below) and related vesting schedule as more fully described below pursuant to which the Options will be issued to Executive on a semi-annual basis for the first two (2) years of Executive’s employment upon the Company achieving certain milestones determined by the parties (the “Benchmarks”) in connection with the Revenue Benchmark Program. Benchmark bonus achievement can be adjusted: No incentive below 50% of Benchmarks and additional incentives for exceeding Benchmarks up to 150%. The Benchmarks to be achieved by the Company in connection with the issuances and vesting of the Options to Executive are more fully described below.
