Additional Compensation to Executive. In addition to the compensation stated above, Executive shall receive 250,000 (Two Hundred Fifty Thousand) stock options of CALYPSO per year for the duration of this Employment Agreement that shall vest pursuant to a pro-rated vesting schedule attached a exhibit “A” and providing that he is not terminated pursuant to the provisions of paragraph 14 (B).
Appears in 3 contracts
Samples: Executive Employment Agreement, Executive Employment Agreement (Calypso Wireless Inc), Executive Employment Agreement (Calypso Wireless Inc)
Additional Compensation to Executive. In addition to the compensation stated above, Executive shall receive 250,000 100,000 (Two One Hundred Fifty Thousand) stock options at a price of .98 cents (Ninety Eight cents) per share of CALYPSO per year for the duration of this Employment Agreement that shall vest pursuant to a pro-rated vesting schedule attached a exhibit “A” and providing that he is not terminated pursuant to the provisions of paragraph 14 (B).
Appears in 1 contract
Samples: Executive Employment Agreement (Calypso Wireless Inc)
Additional Compensation to Executive. In addition to the compensation stated above, Executive shall receive 250,000 (Two Hundred Fifty Thousand) stock options at a price of .03 (Three cents) per share of CALYPSO per year for the duration of this Employment Agreement that shall vest pursuant to a pro-rated vesting schedule attached a exhibit “A” and providing that he is not terminated pursuant to the provisions of paragraph 14 (B).
Appears in 1 contract
Samples: Executive Employment Agreement (Calypso Wireless Inc)
