Common use of Stock Investment Clause in Contracts

Stock Investment. (a) On or shortly after the Effective Date, the Executive shall have the opportunity to purchase up to 30,000 shares of Common Stock for aggregate cash consideration of $300,000 (the “Stock Purchase”). The Stock Purchase shall otherwise be on the terms set forth in the Stock Letter attached hereto as Exhibit C.

Appears in 2 contracts

Samples: Employment Agreement (Claires Stores Inc), Employment Agreement (Claires Stores Inc)

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Stock Investment. (a) On or shortly after the Effective Date, the Executive shall have has the opportunity to purchase up to 30,000 shares of Common Stock for aggregate cash consideration of $300,000 (the "Stock Purchase"). The Stock Purchase shall otherwise be on the terms set forth in the Stock Letter attached hereto as Exhibit C.

Appears in 1 contract

Samples: Employment Agreement (Claires Stores Inc)

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Stock Investment. (a) On or shortly after the Effective Date, the Executive shall have the opportunity to purchase up to 30,000 shares of Common Stock for aggregate cash consideration $10 per share. The purchase of $300,000 these shares (the “Stock Purchase”). The Stock Purchase ) shall otherwise be on the terms set forth in the Stock Letter attached hereto as Exhibit C.

Appears in 1 contract

Samples: Employment Agreement (Claires Stores Inc)

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