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
Sources: 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 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
Sources: 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 Parent Corporation from time to time to its similarly situated executive officers in the manner and to the extent authorized by the Compensation Committee. Executive shall receive options to acquire 100,000 common shares of the Parent Corporation issuable under and subject to the terms of the Parent Corporation’s 2004 Stock Option Plan (the “Plan”), and which issuance is subject to approval by the Board.
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