Common use of Employment Covenants Clause in Contracts

Employment Covenants. In consideration of the grant of Options pursuant to this Agreement and Optionee’s continued employment with the Company, Optionee hereby agrees to the following covenants:

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Hancock Fabrics Inc), Nonqualified Stock Option Agreement (Hancock Fabrics Inc)

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Employment Covenants. In consideration of the grant receipt of Options the Option granted pursuant to this Agreement and Optionee’s continued employment with the Company, Optionee hereby agrees to the following covenants:

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Hancock Fabrics Inc), Nonqualified Stock Option Agreement (Hancock Fabrics Inc)

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