Option Package. The version of the Contract selected which defines, among other things, the amount of the mortality and expense risk charge, the calculation of the death benefit, and the availability of certain withdrawals without imposition of a Deferred Sales Charge.
Option Package. 11 1.32 Purchase Payment(s)......................................... 11 1.33 Reinvestment................................................ 11 1.34 Schedule Effective Date..................................... 11 1.35
Option Package. (i) Upon the designation as a Lead Candidate of the first Regeneron Product Directed to each Regeneron Target that is subject to an Intellia Option hereunder, and prior to any interactions or discussions with a Regulatory Authority (e.g., pre-Investigational New Drug Application meeting) with respect to such Regeneron Product, Regeneron shall notify Intellia regarding such designation. Within [***] days after receipt of such notice, Intellia may request, in writing, that Regeneron provide Intellia the Option Package for such Regeneron Target. If Intellia requests the Option Package within such timing, Regeneron shall provide the Option Package for such Regeneron Target to Intellia within [***] days of such request [***]
Option Package. 26. In order to encourage the long-term success of the Company, without derogating from the aforesaid in chapter E.2 above and subject to the approval of Company’s Compensation Committee and the Board, and the provisions of the law, the Company shall issue to the Employee an options package (hereinafter” “the Options Package”) in accordance with the terms and mechanism set forth in appendix A of the agreement. Without derogating the general provisions aforesaid or the set forth in Annex A, it is agreed that in the case of a merger and/or sale of the Company or its material assets, in whole or in part, with or to a third party (hereinafter: “the Sale Event”) the vesting and exercise period set forth in Annex A shall be accelerated and the Employee shall be entitled to immediately exercise all his remaining non-vested options at its exercise price before or after the occurrence of the Sale Event, at the Employees Choice.
Option Package. Employees not electing Plan A, C, D or E benefits shall receive the following Plan B benefits: Plan B: Life Insurance $50,000 Long Term Disability 66.7%, $6,000 max benefit Delta Dental 100/90/90 $2,500 Class IV $2,500 cleaning Vision Service Plan VSP Plus Any employee electing to opt out of aforementioned plans A, C, D or E shall annually verify that s/he has health insurance coverage through an alternate source such as a spouse’s employer. Additional Cash – Additional cash compensation shall be paid for certified staff members that opt out of above referenced Plans A, C, D and E (based on 1.0 FTE). Those working less than 1.0 FTE will be paid on a pro-rated basis of their partial FTE. It shall be apportioned and paid out on the first and second payroll dates of each month, January through June and September through December. The additional cash compensation shall be based on a January through December benefit year. NOTE: The employee’s election shall be made under the terms of the Section 125 flexible benefits plan established by the Board. The amount of additional cash in lieu will be 60% of the single subscriber hard cap rate (based on
Option Package. As compensation for services hereunder and in consideration of the Executive’s other agreements hereunder, during the Employment Term, the Company shall, provided that the Company is satisfied with the performance of the Executive, furnish the Executive with an options to purchase up to 96,000 shares of common stock of the Company, granted after a minimum of three months options to purchase 24,000 shares of common stock – exercise price as of the effective date of this agreement, 5 year term and a grant of an additional 24,000 shares on each of the first, second and third anniversary dates of commencement of employment, on the proviso that the Executive is still in the employ of the Company
Option Package. As compensation for services hereunder and in consideration of the Employee’s other agreements hereunder, during the Employment Term, the Company shall, provided that the Company is satisfied with the performance of the Employee shall furnish the Employee with an option package corresponding to a grant of options to purchase up to 24 million shares of common stock, granted after a minimum of three months and a grant of an additional 6 million shares on each of the first, second and third anniversary dates of commencement of employment (on proviso) that he is still employed as CEO of Mobiclear) The share price used as basis for the calculation of the option package should be the price that is valid at the date of this agreement.
Option Package. As compensation for services hereunder and in consideration of the Executive's other agreements hereunder, during the Employment Term, the Company shall, provided that the Company is satisfied with the performance of the Executive and in any case not before May 1, 2008 nor later than June 15, 2008, furnish the Executive with an option package corresponding to four percent (4%) of the outstanding number of shares of the Company as determined as of the effective date of this agreement. The per share exercise price used as basis for the calculation of the option package should be the bid price of the common stock of the Company as quoted on the OTCBB at the time of the Effective Date of this Agreement.
Option Package. As compensation for services hereunder and in consideration of the Employee's other agreements hereunder, during the Employment Term, the Company shall, provided that the Company is satisfied with the performance of the Employee and in any case not before August 1st ,2007 , furnish the Employee with an option package corresponding to four percent (4 %) of the outstanding number of shares of the Company. The share price used as basis for the calculation of the option package should be the price that is valid at the date of this agreement.
Option Package. The version of the Contract selected which defines, among other things, the amount of the mortality and expense risk charge, the xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/836687/000091205701522500/a2051672zex-99... 11/06/2017 Page 8 of 29 calculation of the death benefit, and the availability of certain withdrawals without imposition of a Deferred Sales Charge.
