2004 Stock Option Plan Sample Clauses

2004 Stock Option Plan. To the extent that the Executive Securityholder is granted an option to purchase shares of Common Stock under the Company's 2004 Stock Option Plan, the written agreement pursuant to which such option is granted shall include repurchase rights for the Company and/or such other Persons as determined by the Company that are substantially similar to the repurchase rights set forth in this Agreement with respect to the Executive Securityholder's Incentive Equity.
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2004 Stock Option Plan. The Executive will receive a nonqualified Stock Option grant of 12,000 shares of Common Stock pursuant to the terms of the Company’s 2004 Stock Option Plan (the “2004 Plan”). The exercise price will be the Fair Market Value for the Company’s Common Stock on the date of grant as defined in the 2004 Plan. The Executive’s options will vest in daily increments of 1/1460th from the date of grant until fully vested and shall expire ten years from the date of grant. All such options shall be subject to the terms and conditions of the 2004 Plan and shall be conditioned upon the Executive’s execution of an option agreement with the Company in a form specified by the Company.
Sample 1
2004 Stock Option Plan. The Executive will receive an Incentive Stock Option grant of 50,000 shares of Common Stock pursuant to the terms of the Company's 2004 Stock Option Plan (the "2004 Plan"). The grant date of the options will be the Effective Date. The exercise price will be the Fair Market Value for the Company's Common Stock on the date of grant as defined in the 2004 Plan. The Executive's options will vest in daily increments of 1/1460th of the grant until fully vested and shall expire ten years from the date of grant. All such options shall be subject to the terms and conditions of the 2004 Plan and shall be conditioned upon the Executive's execution of an option agreement with the Company in a form specified by the Compensation Committee. In the event that the Executive's employment is terminated by the Company without Cause (as hereinafter defined) or by the Executive for Good Reason (as hereinafter defined), any options not exercisable on the Date of Termination (as hereinafter defined), shall become immediately exercisable subject to expiration or termination as set forth in the 2004 Plan. Upon a Terminating Event (as defined in the 2004 Plan) such options shall become immediately exercisable subject to terms of the 2004 Plan.
Sample 1
2004 Stock Option Plan. Any future grant of stock option to the Executive pursuant to the terms of the HCC’s 2004 Stock Option Plan (the “2004 Plan”), shall be determined by and in the sole discretion of the Board of Directors of HCC. The exercise price will be the Fair Market Value for the HCC’s Common Stock on the date of grant as defined in the 2004 Plan. The Executive’s options will vest in daily increments of 1/1460th from the date of grant until fully vested and shall expire ten years from the date of grant. All such options shall be subject to the terms and conditions of the 2004 Plan and shall be conditioned upon the Executive’s execution of an option agreement with HCC in a form specified by HCC.
Sample 1
2004 Stock Option Plan. Subsequent to the merger, the Borrower discontinued the Navidec 2004 Stock Option Plan (the “Navidec Plan”) and no options were granted under the Navidec Plan subsequent to the merger. SCHEDULE 3.01(W) TITLE TO PROPERTIES (See Section 3.01 (w) of the C Loan Agreement)
Sample 1
2004 Stock Option Plan. Employee was a participant in Company’s 2004 Stock Plan, and Employee and Company are parties to Stock Option Agreements executed May 1, 2004 and April 14, 2005. As of the Retirement Date, Employee is vested in 71,380 stock options (the “Covered Options”). Any Covered Options in the name of Employee held on the Retirement Date shall be exercisable in accordance with the applicable terms of the 2004 Stock Plan and Stock Option Agreements governing a participant’s termination of employment for reasons other than Retirement, death, Disability or Cause as defined in the 2004 Stock Plan. Employee and Company agree that the 2004 Stock Plan and Stock Option Agreements provide that the Covered Options shall remain exercisable until the 90th day following the Retirement Date. Any options held by Employee that have not become vested on or before the Retirement Date shall terminate and be canceled immediately upon the Retirement Date.
Sample 1

Related to 2004 Stock Option Plan

  • Stock Option Plan The Executive shall be eligible to participate in the Company's Stock Option Plan in accordance with the terms and conditions thereof.

  • Stock Option Plans Each stock option granted by the Company under the Company’s stock option plan was granted (i) in accordance with the terms of the Company’s stock option plan and (ii) with an exercise price at least equal to the fair market value of the Common Stock on the date such stock option would be considered granted under GAAP and applicable law. No stock option granted under the Company’s stock option plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, stock options prior to, or otherwise knowingly coordinate the grant of stock options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

  • Employee Stock Option Plan Employee shall be entitled to participate in the Employee Stock Option Plan of the Company once approved by the Board of Directors.

  • Company Stock Option Plans Simultaneously with the execution of this Agreement, the Board of Directors of the Company (or, if appropriate, any committee administering the Company Stock Option Plans) shall adopt such resolutions or take such other actions as are required to effect the transactions contemplated by Section 2.10 in respect of all outstanding Options and thereafter the Board of Directors of the Company (or any such committee) shall adopt any such additional resolutions and take such additional actions as are required in furtherance of the foregoing.

  • Stock Option Award Within the 60-day period following the Start Date, Executive will receive an award of stock options to purchase Common Stock (the “Options”). The terms and conditions of the Options will be governed by Parent’s 2010 Equity Incentive Plan and the Stock Option Agreement in substantially the form attached hereto as Exhibit A. The number of shares covered by such Options shall equal 50,000. The Options shall have a per share exercise price equal to the fair market value per share of such Option on the date of grant, as determined by the Board.

  • Share Option Plans Each share option granted by the Company under the Company’s share option plan was granted (i) in accordance with the terms of the Company’s share option plan and (ii) with an exercise price at least equal to the fair market value of the Ordinary Shares on the date such share option would be considered granted under GAAP and applicable law. No share option granted under the Company’s share option plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, share options prior to, or otherwise knowingly coordinate the grant of share options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

  • Stock Option Grant Subject to the provisions set forth herein and the terms and conditions of the Plan, and in consideration of the agreements of the Participant herein provided, the Company hereby grants to the Participant an Option to purchase from the Company the number of shares of Common Stock, at the exercise price per share, and on the schedule, set forth above.

  • Nonstatutory Stock Option The Optionee may incur regular federal income tax liability upon exercise of a NSO. The Optionee will be treated as having received compensation income (taxable at ordinary income tax rates) equal to the excess, if any, of the Fair Market Value of the Exercised Shares on the date of exercise over their aggregate Exercise Price. If the Optionee is an Employee or a former Employee, the Company will be required to withhold from his or her compensation or collect from Optionee and pay to the applicable taxing authorities an amount in cash equal to a percentage of this compensation income at the time of exercise, and may refuse to honor the exercise and refuse to deliver Shares if such withholding amounts are not delivered at the time of exercise.

  • 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.

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