Common use of Discretionary Grants Clause in Contracts

Discretionary Grants. In addition to the Initial Options Award contemplated under this Section 4, at the sole discretion of the Board or the Committee, Executive shall be eligible for grants of stock options and other equity awards on an annual basis.

Appears in 6 contracts

Samples: Employment Agreement (Turnpoint Medical Devices, Inc.), Employment Agreement (Turnpoint Medical Devices, Inc.), Employment Agreement (Turnpoint Medical Devices, Inc.)

AutoNDA by SimpleDocs

Discretionary Grants. In addition to the Initial Options Award contemplated under this Section 45, at the sole discretion of the Board or the Committee, Executive shall be eligible for grants of stock options and other equity awards on an annual basisof a level commensurate with his position and similar to other Executives of the Company.

Appears in 5 contracts

Samples: Employment Agreement (Virtual Radiologic CORP), Employment Agreement (Virtual Radiologic CORP), Employment Agreement (Virtual Radiologic CORP)

Discretionary Grants. In addition to the Initial Options Award contemplated under this Section 45, at the sole discretion of the Board or the Committee, Executive shall be eligible for grants of stock options and other equity awards on an annual basisas may be determined from time to time by the Board or the Committee.

Appears in 5 contracts

Samples: Employment Agreement (Virtual Radiologic CORP), Employment Agreement (Virtual Radiologic CORP), Employment Agreement (Virtual Radiologic CORP)

Discretionary Grants. In addition to the Initial Options Award contemplated under this Section 45, at the sole discretion of the Board or the Committee, Executive shall be eligible for grants of stock options and other equity awards on an annual basisawards.

Appears in 2 contracts

Samples: Employment Agreement (Cerebain Biotech Corp.), Employment Agreement (Cerebain Biotech Corp.)

AutoNDA by SimpleDocs

Discretionary Grants. In addition to the Initial Options Award Option contemplated under this Section 44 (b)(i), at the sole discretion of the Board or the Compensation Committee, Executive shall be eligible for grants of stock options and other equity awards on an annual basisawards.

Appears in 1 contract

Samples: Employment Agreement (RXi Pharmaceuticals Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.