Common use of Amount of Stock Clause in Contracts

Amount of Stock. In accordance with the provisions of the Company's 1997 Incentive Stock Option Plan (the "Plan") and the specific authorization of the Board, the Company hereby grants to Employee, subject to all of the terms and conditions of the Plan and this Agreement, an option to acquire shares of the Company's outstanding common stock ("Option Stock") in an amount as indicated in Attachment "A" of this document.

Appears in 4 contracts

Samples: Employment Agreement (Didax Inc), Employment Agreement (Didax Inc), Employment Agreement (Didax Inc)

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Amount of Stock. In accordance with the provisions of the Company's 1997 2002 Incentive Stock Option Plan (the "Plan") and the specific authorization of the Board, the Company hereby grants to Employee, subject to all of the terms and conditions of the Plan and this Agreement, an option to acquire 300,000 shares of the Company's outstanding common stock ("Option Stock") in an amount as indicated in Attachment "A" of this documentStock")at a $1.00, to be financed by the Company.

Appears in 1 contract

Samples: Employment Agreement (Hispanamerica Corp)

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