Common use of SHARES OF STOCK OF THE CORPORATION Clause in Contracts

SHARES OF STOCK OF THE CORPORATION. (a) Shares Subject to This Plan. Awards which are granted or issued under this Plan shall be with respect to the authorized but unissued or reacquired Shares of the Corporation's Common Stock. The aggregate number of Shares which may be issued upon the exercise of Options and/or which may be utilized with respect to Stock Appreciation Rights settled in cash or in Shares under this Plan shall not exceed one million five hundred thousand (1,500,000) Shares, subject to adjustment under Section 10.

Appears in 2 contracts

Samples: Fountain Oil Inc, Fountain Oil Inc

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SHARES OF STOCK OF THE CORPORATION. (a) Shares Subject to This Plan. Awards which are granted or issued under this Plan shall be with respect to the authorized but unissued or reacquired Shares of the Corporation's Common Stock. The aggregate number of Shares which may be issued upon the exercise of Options and/or which may be utilized with respect to Stock Appreciation Rights settled in cash or in Shares under this Plan shall not exceed one million five seven hundred fifty thousand (1,500,000750,000) Shares, subject to adjustment under Section 10.

Appears in 1 contract

Samples: Canargo Energy Corp

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SHARES OF STOCK OF THE CORPORATION. (a) Shares Subject to This Plan. Awards which are granted or issued under this Plan shall be with respect to the authorized but unissued or reacquired Shares of the Corporation's Common Stock. The aggregate number of Shares which may be issued upon the exercise of Options and/or which may be utilized with respect to Stock Appreciation Rights settled in cash or in Shares under this Plan shall not exceed one four million five hundred thousand (1,500,0004,000,000) Shares, subject to adjustment under Section 10.

Appears in 1 contract

Samples: Canargo Energy Corp

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