Common use of Equity Compensation Plans Clause in Contracts

Equity Compensation Plans. Executive shall be entitled to continue to participate in any stock option, restricted stock, stock appreciation rights, or any other equity compensation plan or program sponsored by the Company or its affiliates on the same terms and conditions generally applicable to executives of the Company. Any equity interests or rights to purchase equity interests in the Company held by Executive and issued pursuant to an equity compensation plan shall be administered and subject to the terms of the plan and any amendments thereto.

Appears in 5 contracts

Samples: Employment Agreement (Patient Safety Technologies, Inc), Employment Agreement (Patient Safety Technologies, Inc), Employment Agreement (Patient Safety Technologies, Inc)

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