Common use of EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK Clause in Contracts

EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK. As of July 12, 2000, Executive holds options to purchase 371,199 shares of common stock of Employer. Executive was issued options to purchase 362,457 shares of common stock of Employer pursuant to Employer's 2000 Stock Option Plan ("2000 STOCK OPTION Plan"), and will receive additional options to purchase shares of common stock (Executive's options to purchase 362,457 shares of common stock of Employer as well as the additional options to be issued to Executive are collectively referred to hereinafter as the "SUNYICH OPTIONS") under the 2000 Stock Option Plan as determined by Employer's Compensation Committee. Notwithstanding the terms of the 2000 Stock Option Plan, the Sunyich Options are subject to the following terms and conditions:

Appears in 1 contract

Samples: Executive Employment Agreement (Eroom System Technologies Inc)

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EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK. As of July 12, 2000, Executive holds options to purchase 371,199 53,598 shares of common stock of Employer. Executive was issued options to purchase 362,457 53,598 shares of common stock of Employer pursuant to Employer's 2000 Stock Option Plan ("2000 STOCK OPTION PlanPLAN"), and will receive additional options to purchase shares of common stock (Executive's options to purchase 362,457 53,598 shares of common stock of Employer as well as the additional options to be issued to Executive are collectively referred to hereinafter as the "SUNYICH XXXXXX OPTIONS") under the 2000 Stock Option Plan as determined by Employer's Compensation Committee. Notwithstanding the terms of the 2000 Stock Option Plan, the Sunyich Xxxxxx Options are subject to the following terms and conditions:

Appears in 1 contract

Samples: Executive Employment Agreement (Eroom System Technologies Inc)

EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK. As of July 12June 6, 2000, Executive holds options to purchase 371,199 344,025 shares of common stock of Employer. Executive was issued options to purchase 362,457 336,675 shares of common stock of Employer pursuant to Employer's 2000 Stock Option Plan ("2000 STOCK OPTION PlanPLAN"), and will receive additional options to purchase shares of common stock (Executive's options to purchase 362,457 336,675 shares of common stock of Employer as well as the additional options to be issued to Executive are collectively referred to hereinafter as the "SUNYICH OPTIONS") under the 2000 Stock Option Plan as determined by Employer's Compensation Committee. Notwithstanding the terms of the 2000 Stock Option Plan, the Sunyich Options are subject to the following terms and conditions:

Appears in 1 contract

Samples: Executive Employment Agreement (Eroom System Technologies Inc)

EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK. As of July 12, 2000, Executive holds options to purchase 371,199 161,911 shares of common stock of Employer. Executive was issued options to purchase 362,457 157,427 shares of common stock of Employer pursuant to Employer's 2000 Stock Option Plan ("2000 STOCK OPTION PlanPLAN"), and will receive additional options to purchase shares of common stock (Executive's options to purchase 362,457 157,427 shares of common stock of Employer as well as the additional options to be issued to Executive are collectively referred to hereinafter as the "SUNYICH XXXXX OPTIONS") under the 2000 Stock Option Plan as determined by Employer's Compensation Committee. Notwithstanding the terms of the 2000 Stock Option Plan, the Sunyich Xxxxx Options are subject to the following terms and conditions:

Appears in 1 contract

Samples: Executive Employment Agreement (Eroom System Technologies Inc)

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EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK. As of July 12, 2000, Executive holds options to purchase 371,199 58,598 shares of common stock of Employer. Executive was issued options to purchase 362,457 58,598 shares of common stock of Employer pursuant to Employer's 2000 Stock Option Plan ("2000 STOCK OPTION PlanPLAN"), and will receive additional options to purchase shares of common stock (Executive's options to purchase 362,457 58,598 shares of common stock of Employer as well as the additional options to be issued to Executive are collectively referred to hereinafter as the "SUNYICH XXXXXX OPTIONS") under the 2000 Stock Option Plan as determined by Employer's Compensation Committee. Notwithstanding the terms of the 2000 Stock Option Plan, the Sunyich Xxxxxx Options are subject to the following terms and conditions:

Appears in 1 contract

Samples: Executive Employment Agreement (Eroom System Technologies Inc)

EXERCISE OF OPTIONS TO PURCHASE COMMON STOCK. As of July 12, 2000, Executive holds options to purchase 371,199 124,947 shares of common stock of Employer. Of this amount, Executive was issued options to purchase 362,457 122,274 shares of common stock of Employer pursuant to Employer's 2000 Stock Option Plan ("2000 STOCK OPTION Plan"), and will receive additional options to purchase shares of common stock (Executive's options to purchase 362,457 122,274 shares of common stock of Employer under the 2000 Stock Option Plan as well as the additional options to be issued to Executive are collectively referred to hereinafter as the "SUNYICH XXXXXX OPTIONS") under the 2000 Stock Option Plan as determined by Employer's Compensation Committee. Notwithstanding the terms of the 2000 Stock Option Plan, the Sunyich Xxxxxx Options are subject to the following terms and conditions:

Appears in 1 contract

Samples: Executive Employment Agreement (Eroom System Technologies Inc)

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