Option Grants to Target Employees. Following Closing Buyer and Target shall determine in good faith the employees of Target to whom Buyer shall grant subsequent to Closing ten-year Common Stock purchase options pursuant to Buyer’s 2002 Stock Option/Stock Issuance Plan, with vesting at the rate of 1/4 of the granted options after one year and 1/48th of the granted options per month thereafter.
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Samples: Stock for Stock Exchange Agreement (Caneum Inc), Stock Purchase Agreement (Caneum Inc), Stock for Stock Exchange Agreement (Caneum Inc)
Option Grants to Target Employees. Following At Closing Buyer and Target shall determine in good faith grant to the following employees of Target to whom Buyer shall grant subsequent to Closing the ten-year Common Stock common stock purchase options set forth below pursuant to Buyer’s 2002 Stock Option/Stock Issuance Plan, with vesting at the rate of 1/4 of the granted options after one year and 1/48th of the granted options per month thereafter.: Name No. of Shares Underlying Options Cxxxxxxxx X. Xxxx 25,000 Sxxxxx X. Xxxxxx 25,000
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