Common use of Stock Option Agreement Clause in Contracts

Stock Option Agreement. Concurrently with the execution of this ---------------------- Employment Contract, the Employer shall present to the Employee a "Stock Option Agreement" which shall grant the Employee the right to purchase up to Six Hundred Thousand (600,000) shares of the Employer Corporation stock upon terms and conditions outlined in said "Stock Option Agreement".

Appears in 3 contracts

Samples: Employment Contract (Elcom Technologies Corp), Employment Contract (Elcom Technologies Corp), Employment Contract (Elcom Technologies Corp)

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Stock Option Agreement. Concurrently with the execution of this ---------------------- Employment Contract, the Employer shall present to the Employee a "Stock Option Agreement" which shall grant the Employee the right to purchase up to Six One Hundred Thousand (600,000100,000) shares of the Employer Corporation stock upon terms and conditions outlined in said "Stock Option Agreement".

Appears in 2 contracts

Samples: Employment Contract (Elcom Technologies Corp), Employment Contract (Elcom Technologies Corp)

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Stock Option Agreement. Concurrently with the execution of this ---------------------- Employment Contract, the Employer shall present to the Employee a "Stock Option Agreement" which shall grant the Employee the right to purchase up to Six Hundred Fifty Thousand (600,00050,000) shares of the Employer Corporation stock upon terms and conditions outlined in said "Stock Option Agreement".

Appears in 1 contract

Samples: Employment Contract (Elcom Technologies Corp)

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