Common use of LIMITATION APPLICABLE TO ISOS Clause in Contracts

LIMITATION APPLICABLE TO ISOS. The aggregate Fair Market Value, determined as of the date the related Share Option is granted, of all Shares with respect to which ISOs are exercisable for the first time by a Participant in any one calendar year, under this Plan or any other share option plan maintained by the Company, shall not exceed $100,000.

Appears in 5 contracts

Samples: Employment Agreement (Steiner Leisure LTD), Employment Agreement (Steiner Leisure LTD), Service Agreement (Steiner Leisure LTD)

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