EQUITY COMPENSATION ARRANGEMENTS. Prior to the Closing, any obligation of Target to issue stock, warrants or options which have been offered or promised to the employees of Target shall have been fulfilled or been terminated to the satisfaction of Acquiror.
EQUITY COMPENSATION ARRANGEMENTS. The Employee shall also be eligible to participate during the term of his employment under this Agreement in such equity compensation arrangements as are provided by the Company for its executives. In that regard, the Employee will be granted stock options under the Company's 1995 Stock Option and Incentive Plan which shall entitle the Employee to acquire up to 35,000 shares of the Company's common stock for a purchase price of $17.75 per share, such options to vest ratably over a period of five (5) years; provided that the vesting of the right to exercise all such options granted to the Employee shall be accelerated in the event that there shall be a Change of Control of the Company (as hereinafter defined).
EQUITY COMPENSATION ARRANGEMENTS. The Employee shall also be eligible to participate during the term of his employment under this Agreement in such equity compensation arrangements as are provided by the Company for its executives. In that regard, the Employee will be granted incentive stock options under the Company's Amended and Restated 1995 Stock Option and Incentive Plan (the "Plan") which shall entitle the Employee to acquire up to 50,000 shares of the Company's common stock for a purchase price equal to the fair market value of such shares on the date of grant of such options as determined pursuant to such plan, such options to vest ratably over a period of five (5) years; provided that the vesting of the right to exercise all such options granted to the Employee shall be accelerated in the event that there shall be a Change of Control of the Company (as hereafter defined).
EQUITY COMPENSATION ARRANGEMENTS. The Employee shall also be eligible to participate during the term of his employment under this Agreement in such equity compensation arrangements as are provided by the Company for its executives. In that regard, the Employee will be granted incentive stock options under the Company's Amended and Restated 1994 Employee, Director and Consultant Stock Option Plan which shall entitle the Employee to acquire up to 600,000 (120,000 post 1 for 5 split) shares of the Company's common stock for a purchase price equal to the fair market value of such shares on the date of grant of such options as determined by the Company's Board of Directors, such options to vest ratably over a period of five (5) years.
EQUITY COMPENSATION ARRANGEMENTS. Prior to the Closing, any obligation of Nordic to issue stock, warrants or options which have been offered or promised to the employees of Nordic shall have been fulfilled or been terminated to the satisfaction of GoodNoise.
EQUITY COMPENSATION ARRANGEMENTS. Prior to the Closing, any obligation of IUMA to issue stock, warrants or options which have been offered or promised to the employees of IUMA shall have been fulfilled or been terminated to the satisfaction of GoodNoise.
EQUITY COMPENSATION ARRANGEMENTS. Prior to the Closing, any obligation of MCI to issue stock, warrants or options which have been offered or promised to the employees of MCI shall have been fulfilled or been terminated to the satisfaction of HealthDesk.
EQUITY COMPENSATION ARRANGEMENTS. The Employee shall also be eligible to participate during the term of his employment under this Agreement in such equity compensation arrangements as are provided by the Company for its executives.
EQUITY COMPENSATION ARRANGEMENTS. Prior to the Closing, any obligation of Concept to issue stock, warrants or options which have been offered or promised to the employees of Concept shall have been fulfilled or been terminated to the satisfaction of Xxxxxxx.
EQUITY COMPENSATION ARRANGEMENTS. Prior to the Closing, any obligation of Emusic to issue stock, warrants or options which have been offered or promised to the employees of Emusic shall have been fulfilled or been terminated to the satisfaction of GoodNoise.
