Common use of Equity Plans Clause in Contracts

Equity Plans. The Corporation shall permit the Executive to participate in any share option plan, share purchase plan or similar plan offered by the Corporation from time to time to its similarly situated executive officers in the manner and to the extent authorized by the Compensation Committee.

Appears in 3 contracts

Samples: Employment Agreement (Open Text Corp), Employment Agreement (Open Text Corp), Employment Agreement (Open Text Corp)

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Equity Plans. The Corporation shall permit the Executive to participate in any share option plan, share purchase plan or similar plan offered by the Parent Corporation from time to time to its similarly situated executive officers in the manner and to the extent authorized by the Compensation Committee.

Appears in 3 contracts

Samples: Employment Agreement (Open Text Corp), Employment Agreement (Open Text Corp), Employment Agreement (Open Text Corp)

Equity Plans. The Corporation shall permit the Executive to participate in any share option plan, share purchase plan or similar plan offered by the Corporation from time to time to its similarly situated executive officers in the manner and to the extent authorized by the Compensation Committee. The Executive shall be granted options to acquire 55,000 common shares of the Corporation issuable under and pursuant to the Corporation’s 2004 Stock Option Plan as Amended. All stock option grants are subject to the approval of the Board.

Appears in 1 contract

Samples: Employment Agreement (Open Text Corp)

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Equity Plans. The Corporation shall permit the Executive to participate in any share option plan, share purchase plan or similar plan offered by the Corporation from time to time to its similarly situated executive officers in the manner and to the extent authorized by the Compensation Committee. The Executive shall be granted options to acquire 150,000 common shares of the Corporation issuable under and pursuant to the Corporation’s 2004 Stock Option Plan as Amended. All stock option grants are subject to the approval of the Board.

Appears in 1 contract

Samples: Employment Agreement (Open Text Corp)

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