Common use of Executive Stock Option Plan Clause in Contracts

Executive Stock Option Plan. Executive will be eligible for consideration for grants of stock options in accordance with the terms and conditions of SynQuest's Stock Option Plan (or successor stock option plan adopted by SynQuest during the term of this Agreement). The decision as to whether to grant options under the plan to Executive (and, if so, how many) will be solely within the discretion of the Board, and such grants, if any, will be subject to any terms and conditions imposed thereon by the Board.

Appears in 4 contracts

Samples: Employment Agreement (Synquest Inc), Employment Agreement (Synquest Inc), Employment Agreement (Synquest Inc)

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Executive Stock Option Plan. Executive will be eligible for consideration for grants of stock options in accordance with the terms and conditions of SynQuest's Stock Option Plan (or successor stock option plan adopted by SynQuest during the term of this Agreement). The decision as to whether to grant options under the plan to Executive (and, if so, how many) will be solely within the discretion of the Board, and such grants, if any, will be subject to any terms and conditions imposed thereon by the Board. An initial grant of options will be made effective as November 1, 1997.

Appears in 1 contract

Samples: Employment Agreement (Synquest Inc)

Executive Stock Option Plan. Executive will be eligible for consideration for grants of stock options in accordance with the terms and conditions of SynQuest's Stock Option Plan (or successor the Company’s then-current stock option plan adopted by SynQuest during the term of this Agreement)plan. The decision as to whether to grant options under the plan to Executive (and, if so, how many) will be solely within the discretion of the BoardBoard of Directors, and such grants, if any, will be subject to any terms and conditions imposed thereon by the BoardBoard of Directors of the Company.

Appears in 1 contract

Samples: Employment Agreement (Adam Inc)

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Executive Stock Option Plan. Executive will be eligible for consideration for grants of stock options in accordance with the terms and conditions of SynQuestthe Company's Stock Option Plan (or successor then-current stock option plan adopted by SynQuest during the term of this Agreement)plan. The decision as to whether to grant options under the plan to Executive (and, if so, how many) will be solely within the discretion of the BoardBoard of Directors, and such grants, if any, will be subject to any terms and conditions imposed thereon by the BoardBoard of Directors of the Company.

Appears in 1 contract

Samples: Employment Agreement (Adam Inc)

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