Limitation of Option Grants. The Company will not issue or sell more than an aggregate of shares of Common Stock to employees, officers and/or directors of, and/or consultants to, the Company or any subsidiary of the Company pursuant to the exercise of options granted under the Company’s stock option plans or pursuant to other stock incentive arrangements (including, but not limited to, so-called “restricted stock”).
Appears in 2 contracts
Samples: Sample Convertible Preferred Stock Purchase Agreement, Sample Convertible Preferred Stock Purchase Agreement
Limitation of Option Grants. The Company will not issue or sell more than an aggregate of shares of Common Stock to employees, officers and/or directors of, and/or consultants to, the Company or any subsidiary of the Company pursuant to the exercise of options granted under the Company’s 's stock option plans or pursuant to other stock incentive arrangements (including, but not limited to, so-called “"restricted stock”").
Appears in 2 contracts
