Stock Option Awards. During the Term, the Executive shall be eligible for awards of options to purchase shares of the Company’s common stock (the “Stock Options”), such Stock Options to be awarded in the sole discretion of the Compensation Committee and in accordance with the terms of the Company’s Stock Option Plan, as such Stock Option Plan may be amended, suspended or terminated from time to time.
Stock Option Awards. The Company shall grant the Executive under the Equity Plan at the completion of each whole Fiscal Year commencing on or after February 4, 2007 and during the Employment Term stock options to purchase the Company’s common stock at an exercise price of not less than the fair market value of such stock on the grant date (“Stock Options”) based upon the achievement by the Company and its subsidiaries of performance goals under the Equity Plan for each such Fiscal Year established by the Compensation Committee. The Compensation Committee shall establish objective criteria to be used to determine the extent to which such performance goals have been satisfied. Stock Options for each whole Fiscal Year during the Employment Term will be granted at a grant-date Black-Scholes value of 50% of the Executive’s Base Salary for such Fiscal Year (i.e., $400,000 for fiscal 2008). Stock Options granted in any particular Fiscal Year will be subject to the standard vesting schedule established by the Compensation Committee for Stock Option grants in that year (the current vesting schedule is a 4-year vesting schedule). After the expiration of the Equity Plan, the Executive’s right to receive future grants of Stock Options is subject to approval by the stockholders of the Company of a similar successor plan under which such awards may be granted.
Stock Option Awards. The Board may, on an annual basis, in its discretion, grant the Employee stock options based on his performance and that of the Company against reasonably attainable goals. Such grants will be made under the 2000 Stock Option Plan (the "Option Plan") and, except as otherwise expressly provided herein, the awards will be governed by the terms of the Option Plan.
Stock Option Awards. On the Effective Date, all unvested stock option awards that you hold at such time will fully vest.
Stock Option Awards. The Executive shall be eligible for stock options pursuant to and in accordance with the terms, conditions, restrictions and eligibility requirements of a stock option plan, if any, adopted by the Board of Directors.
Stock Option Awards. Options to purchase 200,000 shares of common stock under the Asterias Equity Incentive Plan (the “Plan”) on such terms and conditions consistent with the Plan as the Board of Directors determines. EXHIBIT B California Labor Code Section 2870. Application of provision providing that employee shall assign or offer to assign rights in invention to employer.
Stock Option Awards. All stock option awards granted by the Company have been appropriately authorized by the board of directors of the Company or a duly authorized committee thereof, including approval of the exercise or purchase price or the methodology for determining the exercise or purchase price and the substantive terms of the stock options awards; all stock options granted to employees in the United States reflect the fair market value of the Company’s capital stock as determined under Section 409A of the Internal Revenue Code of 1986, as amended, and the rules and regulations promulgated thereunder, or any successor statute, rules and regulations thereto, on the date the option was granted (within the meaning of United States Treasury Regulation § 1.421-1(c)); no stock options awards granted by the Company have been retroactively granted, or the exercise or purchase price of any stock option award determined retroactively; there is no action, suit, proceeding, formal inquiry or formal investigation before or brought by any court or governmental agency or body, domestic or foreign, now pending, or, to the knowledge of the Company, threatened, against or affecting the Company in connection with any stock option awards granted by the Company; and there is no action, suit, proceeding, formal inquiry or formal investigation before or brought by any court or governmental agency or body, domestic or foreign, now pending, or, to the knowledge of the Company, threatened, against or affecting the Company in connection with any stock option awards granted by the Company.
Stock Option Awards. As additional compensation for the Services hereunder, (i) the Company will grant to Consultant options to purchase up to 100,000 shares of common stock of the Company, in the form of the Stock Option Agreement provided to Consultant in connection herewith (the “Stock Option Agreement”), and (ii) PAVmed Inc. will grant to Consultant options to purchase up to 25,000 shares of common stock of PAVmed Inc., in substantially the same form of Stock Option Agreement used by PAVmed Inc. in making stock option grants to its officers and directors.
Stock Option Awards. The Executive shall be granted options under the Qwest Communications International Inc. Equity Incentive Plan, as amended (the "Equity Incentive Plan") to acquire shares of the common stock ("Common Stock") of Qwest Communications International Inc. ("QCII") in accordance with the following:
Stock Option Awards. (a) Effective as of the Distribution Date, Spinco shall establish an equity-based incentive plan for the benefit of Spinco’s employees, consultants and directors (“Spinco Stock Incentive Plan”), with such terms as Spinco determines, in its sole discretion.
