Additional Option Grants. The Company agrees to issue Executive 800,000 ten-year options at a strike price equal to the closing price on the day the Board approves this agreement. Except as provided below, options will vest 1/3 on January 1, 2001, 1/3 on July 1, 2001, and 1/3 on July 1, 2002.
Appears in 4 contracts
Samples: Employment Agreement (Imax Corp), Employment Agreement (Imax Corp), Employment Agreement (Imax Corp)