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Common use of Compensation Options Clause in Contracts

Compensation Options. The Employee may receive compensation options to purchase $.01 par value per share common stock of the Company ("Common"), together with those compensation options granted to other senior management, if it is determined to be warranted by the Board of Directors.

Appears in 4 contracts

Samples: Employment Agreement (Columbia Laboratories Inc), Employment Agreement (Columbia Laboratories Inc), Employment Agreement (Columbia Laboratories Inc)

Compensation Options. The Employee may receive compensation options to purchase $.01 par value per share common stock of the Company ("Common"), together with those compensation options granted to other senior management, if it is determined to be warranted by in the sole discretion of the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Columbia Laboratories Inc)