Common use of Grant of Stock Options Clause in Contracts

Grant of Stock Options. a. Upon the commencement of the Initial Term, Employee shall be granted options (“Options”) to purchase 10,000 shares of common stock of SXC Health Solutions Corp. The grants of Options provided by Section 3.7(a) are contingent upon approval by SXC Health Solutions Corp.’s Board of Directors and shareholders. The Options shall be subject to the Company’s current Stock Option Plan. The options shall vest in one-fourth increments annually, commencing on the anniversary date of the grant.

Grant of Stock Options. a. Upon the commencement of the Initial Term, Employee shall be granted options (“Options”) to purchase 10,000 6341 shares of common stock of SXC Health Solutions Corp. The grants of Options provided by Section 3.7(a3.75(a) are contingent upon approval by SXC Health Solutions Corp.’s Corporation's Board of Directors and shareholdersDirectors. The Options shall be subject to the Company’s 's current Stock Option Long Term Incentive Plan. The options shall vest in one-fourth increments annually, commencing on the anniversary date of the grant.

Grant of Stock Options. a. Upon the commencement of the Initial Term, Employee Executive shall be granted options (“Options”) to purchase 10,000 30,000 shares of common stock of SXC Health Solutions Corp. In the Spring of 2009, Executive shall be granted an additional 20,000 shares of common stock of SXC Health Solutions Corp., provided Executive is an employee in good standing with the Company on the date of said grant. The grants of Options provided by Section 3.7(a) are contingent upon approval by the SXC Health Solutions Corp.’s Board of Directors and shareholders. The Options shall be subject to the Company’s current Stock Option Plan. The options shall vest in one-fourth increments annually, commencing on the anniversary date of the grant.

Grant of Stock Options. a. Upon the commencement of the Initial Term, Employee shall be granted options (“Options”) to purchase 10,000 15,000 shares of common stock of SXC Health Solutions Corp. The grants of Options provided by Section 3.7(a) are contingent upon approval by SXC Health Solutions Corp.Corporation’s Board of Directors and shareholders. The Options shall be subject to the Company’s current Stock Option Plan. The options shall vest in one-fourth increments annually, commencing on the anniversary date of the grant.

Grant of Stock Options. a. Upon the commencement of the Initial Term, Employee shall be granted options (“Options”) to purchase 10,000 16,800 shares of common stock of SXC Health Solutions Corp. The grants of Options provided by Section 3.7(a3.71(a) are contingent upon approval by SXC Health Solutions Corp.’s Board of Directors and shareholdersDirectors. The Options shall be subject to the Company’s current Stock Option Plan. The options shall vest in one-fourth increments annually, commencing on the anniversary date of the grant.

Grant of Stock Options. a. Upon the commencement of the Initial Term, Employee shall be granted options (“Options”) to purchase 10,000 20,000 shares of common stock of SXC Health Solutions Corp. The grants of Options provided by Section 3.7(a) are contingent upon approval by the SXC Health Solutions Corp.’s Board of Directors and shareholders. The Options shall be subject to the Company’s current Stock Option Plan. The options shall vest in one-fourth increments annually, commencing on the anniversary date of the grant.’s

Grant of Stock Options. a. Upon the commencement of the Initial Term, Employee shall be granted options (“"Options”") to purchase 10,000 6,000 shares of common stock of SXC Health Solutions Corp. The grants of Options provided by Section 3.7(a3.71(a) are contingent upon approval by SXC Health Solutions Corp.’s 's Board of Directors and shareholdersDirectors. The Options shall be subject to the Company’s 's current Stock Option Plan. The options shall vest in one-fourth increments annually, commencing on the anniversary date of the grant. These options are post stock split.