Common use of Stock Incentive Clause in Contracts

Stock Incentive. Executive shall be eligible to participate in the Company' stock option, stock purchase, or other stock incentive plans which are generally available to executive officers of the Company and shall be eligible for the grant of stock options, restricted stock or other awards there under in accordance with the terms and provisions of such plans. The executive will be granted 80,000 options of the company’s stock, subject to the approval of the board of directors. The options will vest in accordance with the company’s stock option plan. Company represents and warrants that it shall timely prepare and file with the Securities and Exchange Commission all documents as may be necessary to comply with the provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934, each as amended, with respect to such plans and Executive’s grants and awards thereunder.

Appears in 2 contracts

Samples: Executive Agreement (Bankrate Inc), Executive Agreement (Bankrate Inc)

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Stock Incentive. Executive shall be eligible to participate in the Company' stock option, stock purchase, or other stock incentive plans which are generally available to executive officers of the Company and shall be eligible for the grant of stock options, restricted stock or other awards there under in accordance with the terms and provisions of such plans. The executive will be granted 80,000 150,000 options of the company’s stock, subject to the approval of the board of directors. The options will vest in accordance with the company’s stock option plan. Company represents and warrants that it shall timely prepare and file with the Securities and Exchange Commission all documents as may be necessary to comply with the provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934, each as amended, with respect to such plans and Executive’s grants and awards thereunder.

Appears in 2 contracts

Samples: Executive Agreement (Bankrate Inc), Executive Agreement (Bankrate Inc)

Stock Incentive. Executive shall be eligible to participate in the Company' stock option, stock purchase, or other stock incentive plans which are generally available to executive officers of the Company and shall be eligible for the grant of stock options, restricted stock or other awards there under in accordance with the terms and provisions of such plans. The executive will be granted 80,000 150,000 options of the company’s stock, subject to the approval of the board of directors. The options will vest in accordance with the company’s stock option plan. Company represents and warrants that it shall timely prepare and file with the Securities and Exchange Commission all documents as may be necessary to comply with the provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934, each as amended, with respect to such plans and Executive’s grants and awards thereunder.

Appears in 1 contract

Samples: Executive Agreement (Bankrate, Inc.)

Stock Incentive. Executive shall be eligible to participate in the Company' stock option, stock purchase, or other stock incentive plans which are generally available to executive officers of the Company and shall be eligible for the grant of stock options, restricted stock or other awards there under in accordance with the terms and provisions of such plans. The executive will be granted 80,000 100,000 options of the company’s stock, subject to the approval of the board of directors. The options will vest in accordance with the company’s stock option plan. Company represents and warrants that it shall timely prepare and file with the Securities and Exchange Commission all documents as may be necessary to comply with the provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934, each as amended, with respect to such plans and Executive’s grants and awards thereunder.

Appears in 1 contract

Samples: Executive Agreement (Bankrate Inc)

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Stock Incentive. Executive shall be eligible to participate in the Company' stock option, stock purchase, or other stock incentive plans which are generally available to executive officers of the Company and shall be eligible for the grant of stock options, restricted stock or other awards there under in accordance with the terms and provisions of such plans. The executive will be granted 80,000 options of the company’s stock, subject to the approval of the board of directors. The options will vest in accordance with the company’s stock option plan. Company represents and warrants that it shall timely prepare and file with the Securities and Exchange Commission all documents as may be necessary to comply with the provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934, each as amended, with respect to such plans and Executive’s grants and awards thereunder.

Appears in 1 contract

Samples: Executive Agreement (Bankrate, Inc.)

Stock Incentive. Executive shall be eligible to participate in the Company' stock option, stock purchase, or other stock incentive plans which are generally available to executive officers of the Company and shall be eligible for the grant of stock options, restricted stock or other awards there under in accordance with the terms and provisions of such plans. The executive will be granted 80,000 50,000 options of the company’s stock, subject to the approval of the board of directors. The options will vest in accordance with the company’s stock option plan. Company represents and warrants that it shall timely prepare and file with the Securities and Exchange Commission all documents as may be necessary to comply with the provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934, each as amended, with respect to such plans and Executive’s grants and awards thereunder.

Appears in 1 contract

Samples: Executive Agreement (Bankrate Inc)

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