Common use of Parent Equity Plan Clause in Contracts

Parent Equity Plan. Prior to or as of the Effective Time, the Board of Directors and shareholders of Parent shall adopt and approve the equity incentive plan attached hereto as Exhibit D (the “Parent Equity Plan”) reserving for issuance 10,000,000 shares of Parent Common Stock for equity awards to be made thereunder. No options shall be granted under the Parent Equity Plan prior to the Closing.

Parent Equity Plan. Prior to or as of the Effective Time, the Board of Directors and shareholders of Parent shall adopt and approve the equity incentive plan attached hereto as Exhibit D (the “Parent Equity Plan”) reserving for issuance 10,000,000 14,410,000 shares of Parent Common Stock for equity awards to be made thereunder. No options shall be granted under the Parent Equity Plan prior to the Closing.

Parent Equity Plan. Prior to or as of the Effective Time, the Board of Directors and shareholders of Parent shall adopt and approve the equity incentive plan attached hereto as Exhibit D (the “Parent Equity Plan”) reserving for issuance 10,000,000 7,000,000 shares of Parent Common Stock for equity awards to be made thereunder. No Upon the approval of the Board of Directors, Parent may issue options shall be granted under for up to 5,700,000 shares of Parent Common Stock after the Parent Equity Plan prior Closing hereunder to the Closingpersons and with the terms set forth in Schedule 4.14 hereto.

Parent Equity Plan. Prior to or as of the Effective Time, the Board of Directors and shareholders of Parent shall adopt and approve the equity incentive plan attached hereto as Exhibit D C (the “Parent Equity Plan”) reserving for issuance 10,000,000 5,000,000 shares of Parent Common Stock for equity awards to be made thereunder. No options For a period of 24 months following the Effective Time, the Parent shall be granted not issue awards under the Parent Equity Option Plan prior with respect to the Closingmore than an aggregate of 500,000 shares of Parent Common Stock.

Parent Equity Plan. Prior to or as of the Effective Time, the Board of Directors and shareholders of Parent shall adopt and approve the equity incentive plan attached hereto as Exhibit D (the “Parent Equity Plan”) reserving for issuance 10,000,000 1,200,000 shares of Parent Common Stock for equity awards to be made thereunder. No options For a period of twelve (12) months following the Effective Time, the Parent shall be granted not issue grants under the Parent Equity Plan prior to the Closingin excess of two hundred forty thousand (240,000) shares of Parent Common Stock.