Common use of Options Award Clause in Contracts

Options Award. For each calendar year of the Employment Term, the Executive shall be eligible to receive, at the discretion of the Board and consistent with a stock option plan which is approved and implemented by the Company prior to such issuance, an “Options Award” comprised of stock options to purchase shares of the Company’s common stock.

Appears in 3 contracts

Samples: Executive Employment Agreement (Creatd, Inc.), Executive Employment Agreement (Creatd, Inc.), Executive Employment Agreement (Creatd, Inc.)

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Options Award. For each calendar year of the Employment Term, the Executive shall be eligible to receive, at the discretion of the Board and consistent with a stock option plan which is approved and implemented by the Company prior to such issuance, an “Options Award” comprised of stock options to purchase shares of the Company’s 's common stock.

Appears in 1 contract

Samples: Executive Employment Agreement (Creatd, Inc.)

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