Common use of Stock Grants Clause in Contracts

Stock Grants. Employee received under the Prior Agreement and shall be eligible, after the Effective Date, to receive equity incentive grants pursuant to the Company’s Employee, Director and Consultant Equity Incentive Plan in effect at the time of the grant (the “Plan”) (any such awards, together with any equity incentive grants previously granted to Employee and outstanding, referred to herein as “Equity”), as determined by the Board or its Compensation Committee, in its sole discretion.