Percent Shareholders. A Ten Percent Shareholder may not be granted an Incentive Share Option unless the Option Exercise Price is at least 110% of the Fair Market Value of the Class C Share on the Grant Date and the Option is not exercisable after the expiration of five years from the Grant Date.
Appears in 3 contracts
Samples: Equity Incentive Plan (Armed Forces Brewing Company, Inc.), Equity Incentive Plan (Armed Forces Brewing Company, Inc.), Equity Incentive Plan (Armed Forces Brewing Company, Inc.)
Percent Shareholders. A Ten Percent Shareholder may not be granted an Incentive Share Stock Option unless the Option Exercise Price is at least 110% of the Fair Market Value of the Class C Share Common Stock on the Grant Date and the Option is not exercisable after the expiration of five years from the Grant Date.
Appears in 2 contracts
Samples: Equity Incentive Plan (Evolution Development Group, Inc.), Equity Incentive Plan (Evolution Development Group, Inc.)
