Common use of Existing Stock Options and Restricted Stock Awards Clause in Contracts

Existing Stock Options and Restricted Stock Awards. All stock options and restricted stock awards previously granted to the Executive shall remain in full force and effect in accordance with their terms. If the Company implements a new stock option program in the future, the Executive may participate to the extent authorized by the Board.

Appears in 7 contracts

Samples: Employment Agreement (Rayovac Corp), Employment Agreement (Rayovac Corp), Employment Agreement (Rayovac Corp)

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Existing Stock Options and Restricted Stock Awards. All stock options and restricted stock awards previously granted to the Executive shall remain in full force and effect in accordance with their terms. If the Company implements a new stock option option, restricted stock or other stock program in the future, the Executive may participate to the extent authorized by the Board.

Appears in 1 contract

Samples: Employment Agreement (Rayovac Corp)

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Existing Stock Options and Restricted Stock Awards. All stock options and restricted stock awards previously granted to the Executive shall remain in full force and effect in accordance with their terms. If the Company implements a new stock option program plan in the future, the Executive may participate to the extent authorized by the Board.

Appears in 1 contract

Samples: Employment Agreement (Rayovac Corp)

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