Performance Grant. The Company shall grant Executive a stock option to purchase 500,000 shares of Common Stock at an exercise price of $1.65 per share (the “Performance Option”). The Performance Option shall be governed by the Plan. For so long as the Executive is an employee of the Company, the Performance Option shall vest, if at all, upon the following milestones being achieved:
Appears in 2 contracts
Samples: Employment Agreement (Dionne Craig A), Employment Agreement (Genspera Inc)
Performance Grant. The Company shall grant Executive a stock option to purchase 500,000 375,000 shares of Common Stock at an exercise price of $1.65 1.50 per share (the “Performance Option”). The Performance Option shall be governed by the Plan. For so long as the Executive is an employee of the Company, the Performance Option shall vest, if at all, upon the following milestones being achieved:
Appears in 1 contract
Samples: Employment Agreement (Genspera Inc)
