Common use of Authority to Grant Options Clause in Contracts

Authority to Grant Options. Subject to the terms and provisions of the Plan, the Committee, at any time, and from time to time, may grant Options under the Plan to eligible persons in such number and upon such terms as the Committee shall determine; provided that ISOs may be granted only to eligible Employees of the Company or of any parent or subsidiary corporation (as permitted by section 422 of the Code and the regulations thereunder).

Appears in 6 contracts

Samples: Long Term Incentive Plan (Rex Energy Corp), Long Term Incentive Plan (Dex Media, Inc.), Long Term Incentive Plan (Rex Energy Corp)

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Authority to Grant Options. Subject to the terms and provisions of the Plan, the Committee, at any time, and from time to time, may grant Options under the Plan to eligible persons in such number and upon such terms as the Committee shall determine; provided that ISOs may be granted only to eligible Employees of the Company or of any parent Parent Corporation or subsidiary corporation Subsidiary Corporation (as permitted by section 422 of the Code and the regulations thereunder).

Appears in 5 contracts

Samples: 2010 Omnibus Incentive Plan (Viasat Inc), 2009 Omnibus Incentive Plan (Rosetta Stone Inc), 2009 Omnibus Incentive Plan (Rosetta Stone Inc)

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Authority to Grant Options. Subject to the terms and provisions of the Plan, the Committee, at any time, and from time to time, may grant Options under the Plan to eligible persons under Article III in such number and upon such terms as the Committee shall determine; provided that ISOs may be granted only to eligible Employees of the Company or of any parent Parent Corporation or subsidiary corporation Subsidiary Corporation (as permitted by section 422 of the Code and the regulations thereunder).

Appears in 1 contract

Samples: 2012 Omnibus Incentive Plan (Independence Contract Drilling, Inc.)

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