Common use of Stock Option Grants Clause in Contracts

Stock Option Grants. Executive will receive an annual grant of stock options during the term of this Agreement in a manner and under terms that are consistent with grants made to other executives of the Company.

Appears in 7 contracts

Samples: Severance Agreement (Phoenix Technologies LTD), Severance Agreement (Phoenix Technologies LTD), Severance Agreement (Phoenix Technologies LTD)

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Stock Option Grants. The Executive will shall be entitled to receive an annual a grant of stock options based on the Executive's performance during each year during the term of this Agreement in a manner and under terms that are consistent Agreement, beginning with grants made to other executives 2006. The amount of the Companystock option grant in any year shall be determined by reference to the profitability of the Company and such other measures as the Board of Directors and the Executive may agree. The terms and conditions relating to the stock option bonus shall be negotiated in good faith.

Appears in 4 contracts

Samples: Employment Agreement (Voip Inc), Employment Agreement (Voip Inc), Employment Agreement (Voip Inc)

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Stock Option Grants. Executive will receive an annual grant of stock ------------------- options during the term of this Agreement in a manner and under terms that are consistent with grants made to other executives of the Company.

Appears in 3 contracts

Samples: Severance Agreement (Phoenix Technologies LTD), Severance Agreement (Phoenix Technologies LTD), Severance Agreement (Phoenix Technologies LTD)

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