Common use of Employee Stock Options Clause in Contracts

Employee Stock Options. Upon the Commencement Date of this Agreement and on the anniversary of each year of this agreement thereafter, Executive shall be granted 100,000, options to purchase common stock of the Company at the market price on the date of such grant. Such options shall be under the Company’s 2007 Stock Incentive Plan, as amended and may consist of a combination of Incentive and non-qualified options as are to be determined. Such options will be subject to the provisions of the Company’s 2007 Stock Incentive Plan.

Employee Stock Options. Upon the Commencement Date execution of this Agreement and on the anniversary of each year of this agreement thereafteragreement, Executive shall be granted 100,000, 500,000 options to purchase common stock of the Company at the market price on the date of such grant. Such options shall be under the Company’s 2007 's Stock Incentive Option Plan, as amended and may consist of a combination of Incentive and non-qualified options as are to be determined. Such options will be subject to the provisions of the Company’s 2007 Stock Incentive Planthree-year pro-rata vesting in arrears.

Employee Stock Options. Upon the Commencement Date of this Agreement and on the anniversary of each year of this agreement thereafter, Executive shall be granted 100,000, 300,000 options to purchase common stock of the Company at the market price on the date of such grant. Such options shall be under the Company’s 2007 2002 Stock Incentive Plan, as amended and may consist of a combination of Incentive and non-qualified options as are to be determined. Such options will be subject to the provisions of the Company’s 2007 2002 Stock Incentive Plan.

Employee Stock Options. Upon the Commencement Date of this Agreement and on the anniversary of each year of this agreement thereafter, Executive shall be granted 100,000, 500,000 options to purchase common stock of the Company at the market price on the date of such grant. Such options shall be under the Company’s 2007 2002 Stock Incentive Plan, as amended and may consist of a combination of Incentive and non-qualified options as are to be determined. Such options will be subject to the provisions of the Company’s 2007 2002 Stock Incentive PlanPlan and as further defined in Exhibit A, attached hereto.