Awards of Stock Options. Following the Effective Date and subject to approval by the Compensation Committee, the Company may in its discretion grant to Executive an option (the “Stock Option Award”) to purchase that number of shares of the Company’s common stock set forth in Schedule A (the “Option Shares”) at a per share exercise price equal to the fair market value of the Company’s common stock on the grant date. Subject to Executive’s continued employment with the Company through each applicable vesting date, the Option Shares will vest in accordance with the terms in Schedule A. The Stock Option Award will be granted subject to the terms and conditions of the Company’s equity plan and the Stock Option Award agreement in a form prescribed by the Company, and will be subject to the terms and conditions of this Agreement.
Appears in 9 contracts
Samples: Executive Employment Agreement (Vizio, Inc.), Executive Employment Agreement (Vizio, Inc.), Executive Employment Agreement (Vizio, Inc.)
