Employee’s Options Clause Samples
The "Employee’s Options" clause defines the rights of an employee to purchase or receive company stock or equity under certain conditions, typically as part of an incentive or compensation plan. This clause outlines the terms under which options are granted, such as vesting schedules, exercise price, and the process for exercising the options. For example, it may specify that options vest over a four-year period and can be exercised within a set timeframe after leaving the company. The core function of this clause is to clarify the employee’s entitlements regarding company equity, thereby incentivizing performance and retention while ensuring both parties understand the terms of the equity arrangement.
Employee’s Options. Notwithstanding the provisions of Section 4.G of this Article, employees eligible under Section 4.F may elect to:
a. Receive their full cash payment under Section 4.F and then convert their remaining eligible hours under Section 4.G.
b. Waive receiving full cash payment under Section 4.F and convert their eligible hours under Section 4.G.
Employee’s Options. Except as set forth on Schedule 2.18, no shares of Common Stock (underlying outstanding options to purchase Common Stock) are eligible for sale pursuant to Rule 701 promulgated under the Act in the 12-month period following the Effective Date.
Employee’s Options. No shares of Common Stock are eligible for sale pursuant to Rule 701 promulgated under the Act.
Employee’s Options. 9 2.19 Transactions Affecting Disclosure to NASD............................................9 2.19.1 Finder's Fees...............................................................9 2.19.2 Payments Within Twelve Months...............................................9 2.19.3
Employee’s Options. No more than ________ shares of Common Stock are eligible for sale pursuant to Rule 701 promulgated under the Act in the 12-month period following the Effective Date.
Employee’s Options. Employee acknowledges that the Option and the stock options referred to below are the only stock options granted to him by the Company.
Employee’s Options. Notwithstanding the provisions of subsection “G” of this Article, employees eligible under subsection “F” may elect to:
a. Receive their full cash payment under subsection “F” and then convert their remaining eligible hours under subsection “G”.
b. Waive receiving full cash payment under subsection “F” and convert their eligible hours under subsection “G”.
Employee’s Options. Except as described in the Prospectus, the Company has no employee stock option or similar plans relating to employee acquisitions of Common Stock or other securities of the Company.
Employee’s Options. 9 2.19 Transactions Affecting Disclosure to NASD........................ 9
Employee’s Options. After a Change of Control (as defined below), Employee's Options (as defined below) will immediately vest in full.