Common use of PER-PARTICIPANT LIMIT Clause in Contracts

PER-PARTICIPANT LIMIT. Subject to adjustment under SECTION 5c, no Participant may be granted Awards during any one fiscal year to purchase more than 250,000 shares of Common Stock.

Appears in 4 contracts

Samples: Grant Agreement (Aerobic Creations, Inc.), Grant Agreement (Aerobic Creations, Inc.), Grant Agreement (Aerobic Creations, Inc.)

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PER-PARTICIPANT LIMIT. Subject to adjustment under SECTION 5c5C, no Participant may be granted Awards during any one fiscal year to purchase more than 250,000 shares of Common Stock.

Appears in 1 contract

Samples: Director and Founders Agreement (Aerobic Creations, Inc.)

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