Equity Compensation Plan. The Board Member shall be eligible to participate in the Company’s equity compensation plan, if any; only to the extent such eligibility is set forth in Exhibit A. To the extent applicable, any options to acquire shares of the Company granted to the Board Member shall be granted under, and be subject to, the terms and conditions of the equity compensation plan and be evidenced by the terms of an equity compensation agreement entered into between the Company and Board Member.
Equity Compensation Plan. Executive shall be considered for any type of equity compensation plan as determined by the Compensation Committee.
Equity Compensation Plan. The Employee may receive equity based compensation on terms and condition that may be determined by the Compensation Committee.
Equity Compensation Plan. 2.3.1. Under the Employee’s previous employment with the Company’s predecessor, Cardax Pharmaceuticals, Inc. (“Pharmaceuticals”), the Employee was issued options to purchase shares of common stock of Pharmaceuticals pursuant to Pharmaceuticals 2006 Stock Incentive Plan and the stock option agreement thereunder (as amended to the date of this Agreement, collectively, the “Old Plan”). In accordance with the terms of the Old Plan, all rights to acquire shares of common stock of Pharmaceuticals is substituted for the right to purchase shares of common stock of the Company under the Company’s 2014 Equity Compensation Plan (the “New Plan”), as of and contingent upon the closing of the merger (the “Effective Time”), as described in that certain Agreement and Plan of Merger, dated as of November 27, 2013, as amended (the “Merger Agreement”), as follows: The right that the Employee has under the Old Plan to the right to acquire 200,000 shares of common stock of Pharmaceuticals at an exercise price per share of $0.07 are hereby substituted on and contingent upon the Effective Time for the right to purchase 90,116 shares of common stock of the Company at an exercise price equal to $0.155.
2.3.2. In addition, as a further incentive to the Employee:
(i) The substitution of the options under the Old Plan are modified on the Effective Time so that they have an exercise period of ten years, subject to earlier termination of the right to exercise an option as provided in the New Plan (which is the same exercise period for options that are granted on the Effective Time under the New Plan); and
(ii) The Company has also provided an additional grant of incentive stock options under the New Plan in accordance with a separate grant agreement that is being executed and delivered by and between the Company and the Employee as of the Effective Time. Such additional grant of stock options shall be (x) subject to the vesting restrictions and other terms and conditions to be entered into between the Employee, the Company, and the New Plan, (y) have an exercise period of 10 years, subject to earlier termination of the right to exercise an option as provided in the New Plan; and (z) have an initial exercise price per share equal to $0.625, subject to adjustment as provided in the New Plan to appropriately adjust the incentive stock option for changes to the common stock of the Company.
(iii) The total number of stock options that you have under the New Plan is equal to: (1) the number ...
Equity Compensation Plan. Employee shall be considered for equity compensation awards as determined by the Compensation Committee or its delegate.
Equity Compensation Plan. The Executive will be eligible to participate in any equity compensation plan established by Nxxx, subject to the terms thereof, and to the extent that any discretionary awards are made thereunder by the Manager.
Equity Compensation Plan. Parent shall adopt an equity compensation plan on terms consistent with prevailing market practice, which plan shall be mutually agreed to by Parent and the Company.
Equity Compensation Plan. The adoption and performance by the Company of the 2014 Director Plan, as described in the Registration Statement, the General Disclosure Package and the Prospectus, will not violate any applicable law, statute, rule or regulation applicable to the Company or any Subsidiary.
Equity Compensation Plan. Executive shall be entitled to otherwise participate in the Company’s Amended 2005 Key Employee Unit Option Plan (the “Plan”), and other Company equity plans and may without limitation be granted Options (as such term is defined in the Plan) to purchase units of membership interests in the Company, at the then fair market value strike price determined by the Committee (as defined in the Plan) under the Plan in the discretion of the Committee, as defined in the Plan.
Equity Compensation Plan. Executive shall be entitled to participate in Alesco’s equity compensation plan (the “Plan”) and may be granted or awarded equity securities of Alesco in the discretion of the Committee, as defined in the Plan.”
