Fixed Options. Beginning with the fiscal year ending May 31, ------------- 1999, and immediately after each subsequent fiscal year end during the Contract Term, the Executive shall be entitled to receive fully vested options to purchase 25,000 shares of Common Stock per Contract Year.
Appears in 2 contracts
Samples: Employment Agreement (Pacific Aerospace & Electronics Inc), Employment Agreement (Pacific Aerospace & Electronics Inc)
Fixed Options. Beginning with immediately after the first fiscal year ending May 31, ------------- 1999during the Contract Term, and immediately after each subsequent fiscal year end during the Contract Term, the Executive shall be entitled to receive fully vested options to purchase 25,000 shares of Common Stock per Contract YearYear (the "Fixed Options").
Appears in 1 contract
Samples: Employment Agreement (Pacific Aerospace & Electronics Inc)
Fixed Options. Beginning with immediately after the first fiscal year ending May 31, ------------- 1999during the Contract Term, and immediately after each subsequent fiscal year end during the Contract Term, the Executive shall be entitled to receive fully vested options to purchase 25,000 shares of Common Stock per Contract Year.
Appears in 1 contract
Samples: Employment Agreement (Pacific Aerospace & Electronics Inc)
