Compensation and Stock Options. For the duration of Employee’s employment under this Agreement, the Employee will be entitled to compensation which will be computed and paid pursuant to the following subparagraphs.
Compensation and Stock Options. Throughout the Term, the Company shall pay or provide, as the case may be, to the Executive the compensation and other benefits and rights set forth in this Section 3.
Compensation and Stock Options. For the duration of Principal's employment hereunder, the Principal will be entitled to compensation which will be computed and paid pursuant to the following subparagraphs.
Compensation and Stock Options. For the duration of the Service Provider's tenure's hereunder, the Service Provider either alone or as directed by the Service Provider in combination with the Executive will be entitled to compensation which will be computed and paid pursuant to the following subparagraphs.
Compensation and Stock Options. For the duration of the Independent Contractor’s tenure’s hereunder, the Independent Contractor will be entitled to compensation which will be compensated and paid pursuant to the following subparagraphs.
Compensation and Stock Options. (a) For as long as Saldich remains the CEO, he will receive his current compensation plus annual raises and bonuses in the normal course of business based on his performance and the performance of the Company;
Compensation and Stock Options. As full compensation for the performance of Consultant's obligations herein, Floridino shall pay to the Consultant for the performance of the Consultant Services and adherence to the covenants and undertakings of Consultant under this Agreement.
Compensation and Stock Options. For the duration of the Consultant’s tenure’s hereunder, the Consultant will be entitled to compensation which will be computed and paid pursuant to the following subparagraphs.
Compensation and Stock Options. 3.1 The salary of the VP/COO shall be twenty nine thousand (29,000) RMB yuan per month (before tax) and, if the Company is successful in its initial public offering or capital management, both Parties shall renegotiate the VP/COO's salary before May 15, 2005.
Compensation and Stock Options. During his employment, Avenue A will pay Executive an annual salary of not less than $300,000 paid semi-monthly. In addition, Executive has been granted a stock option to purchase 1,230,000 shares of the common stock of Avenue A at an exercise price of $1.90 per share, which option is subject to four-year vesting and other conditions in accordance with the terms of the option letter agreement evidencing such option and the terms of the Avenue A, Inc. 1998 Stock Incentive Compensation Plan. A portion of the option, for 210,526 shares, was structured as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended, and the remainder was structured as a nonqualified stock option. Upon the completion of the Company's initial public offering of common stock (IPO), Executive will be granted a non-qualified stock option for the purchase of an additional 176,000 shares of common stock (as adjusted for stock splits, stock dividends and the like, occurring after September 15, 1999 and prior to the consummation of the IPO) at an exercise price equal to the IPO offering price (which shall not be adjusted for stock splits, stock dividends and the like prior to the IPO), vesting over a four-year period in accordance with the terms of the Plan, with credit for vesting given for the period between Executive's employment commencement date and the date of completion of the IPO.
