Common use of Stock Based Compensation Clause in Contracts

Stock Based Compensation. The Executive will be eligible to participate in PolyMedica’s Employee Stock Purchase Plan and to be considered by the Compensation Committee for grants or awards of stock options or other stock-based compensation under PolyMedica’s 2000 Stock Incentive Plan or similar plans as in effect from time to time. All such grants or awards shall be governed by the relevant plan documents and requirements and shall be evidenced by PolyMedica’s then-standard form of stock option, restricted stock or other applicable agreement.

Stock Based Compensation. The Executive will be eligible to participate in PolyMedica’s 's Employee Stock Purchase Plan and to be considered by the Compensation Committee for grants or awards of stock options or other stock-based compensation under PolyMedica’s 's 2000 Stock Incentive Plan or similar plans as in effect from time to time. All such grants or awards shall be governed by the relevant plan documents and requirements and shall be evidenced by PolyMedica’s 's then-standard form of stock option, restricted stock or other applicable agreement.