Stock Appreciation Sample Clauses

Stock Appreciation. If on the date of issuance of the Second or Third Tranche, as the case may be, the per share market value of the shares to be issued in the Second Tranche or Third Tranche exceeds the FMV, the number of shares of Common Stock issued to Seller in the Second Tranche or the Third Tranche, will equal the quotient obtained by dividing (i) $150,000 (or the dollar amounts determined by application of Section 1.3(c)(ii) and 1.3(d)(ii), respectively) by (ii) the FMV.

Stock Appreciation. In the event that (i) Class B Shares of the Company are no longer traded in the New York Stock Exchange, or any other nationally recognized stock exchange as of the date the Option, or any part thereof, becomes exercisable, or (ii) upon the determination by the Board of Directors of the Company, at its sole discretion, the Company agrees to pay the Optionee, at the time of exercise, in immediately-available funds (or other consideration agreed to), an amount equal to the appreciation of the value of the Option Shares between the Purchase Price thereof and their Fair Market Value at the date of exercise.

Stock Appreciation. Executive shall be awarded stock options for shares of the common stock of ISIS on the first occasion during the term of this Agreement when the closing price of such stock remains at or above a specified target level for a specified number of consecutive days, as follows: (i) 0.5% of outstanding shares on the first occasion when the closing price of ISIS common stock remains at or above 25 cents ($0.25) for thirty (30) consecutive days; the options being priced at 25 cents ($0.25) and exerciseable for five years. (ii) 1.0% of outstanding shares on the first occasion when the closing price of ISIS common stock remains at or above 50 cents ($0.50) for thirty (30) consecutive days, the options being priced at 50 cents ($0.50) and exerciseable for five years; and (iii) 2.0% of the outstanding shares on the occasion of ISIS' re-listing with one of the major stock exchanges (i.e. NASDAQ, NYSE, American SE), the options being priced at 85% of the closing market price on the date of re-listing and exerciseable for five years.