Common use of Additional Option Grants Clause in Contracts

Additional Option Grants. Based upon the Executive's performance and annual review, the Executive shall be eligible during the Employment Period to receive additional stock option grants in such amounts and subject to such terms and conditions as the compensation committee of the Board shall determine in its sole discretion are necessary and desirable.

Appears in 2 contracts

Samples: Employment Agreement (Hayes Lemmerz International Inc), Employment Agreement (Hayes Lemmerz International Inc)

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Additional Option Grants. Based upon During the Executive's performance and annual reviewterm hereof, the Executive shall will be eligible during the Employment Period to receive additional stock option options, restricted stock grants in such amounts or other equity incentive awards under or outside of the Plan and subject to such terms and conditions under any successor equity incentive plans of the Company, as the compensation committee of the Board shall determine in its sole discretion are necessary and desirabledetermines to be appropriate.

Appears in 1 contract

Samples: Employment Agreement (Aerie Pharmaceuticals Inc)

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Additional Option Grants. Based upon During the Executive's performance and annual reviewTerm hereof, the Executive shall will be eligible during the Employment Period to receive additional stock option options, restricted stock grants in such amounts or other equity incentive awards under or outside of the Plan and subject to such terms and conditions under any successor equity incentive plans of the Company, as the compensation committee of the Board shall determine in its sole discretion are necessary and desirabledetermines to be appropriate.

Appears in 1 contract

Samples: Employment Agreement (Aerie Pharmaceuticals Inc)

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