Common use of Employee Stock Option Plan Clause in Contracts

Employee Stock Option Plan. In addition to the Base Salary payable to the Executive pursuant to Section 3.1 hereof, and the Bonus payable to the Executive pursuant Section 3.2 hereof, the Corporation may issue stock options, in the sole discretion of the Corporation's Board of Directors or the Compensation Committee, it may desire as a result of the Executive's services.

Employee Stock Option Plan. In addition to the Base Salary Compensation payable to the Executive Employee pursuant to Section 3.1 hereof, and the Bonus payable to the Executive Employee pursuant Section 3.2 hereof, the Corporation shall issue to the Employee 250,000 stock options as per their original employment offer. The Corporation may issue additional stock optionsoptions as, in the sole discretion of the Corporation's Board of Directors or the Compensation Committee, (if any), it may desire as a result of the ExecutiveEmployee's services.

Employee Stock Option Plan. In addition to the Base Salary Compensation payable to the Executive Employee pursuant to Section 3.1 hereof3.1, and the Bonus payable to the Executive Employee pursuant to Section 3.2 hereof, the Corporation may issue stock optionsoptions as, in the sole discretion of the Corporation's Board of Directors or the Compensation CommitteeCommittee (if any), it may desire as a result of the ExecutiveEmployee's services.