Common use of Stock Option Award Clause in Contracts

Stock Option Award. Subject to the terms of the Plan, the Board may grant Options to Participants in such amounts as the Board, in its sole discretion, may determine. Each grant of an Option under the Plan shall be evidenced by an Award Agreement between the Participant and the Company. The Option shall be subject to all applicable terms and conditions of the Plan and may be subject to any other terms and conditions imposed by the Board, as set forth in the Option Award Agreement, which are not inconsistent with the Plan. The provisions of the various Option Award Agreements entered into under the Plan need not be identical.

Appears in 6 contracts

Samples: 2014 Stock Incentive Plan (Silvaco Group, Inc.), Stock Incentive Plan (FTC Solar, Inc.), Stock Incentive Plan (FTC Solar, Inc.)

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Stock Option Award. Subject to the terms of the Plan, the Board may grant Options to Participants in such amounts as the Board, in its sole discretion, may determine. Each grant of an Option under the Plan shall be evidenced by an Award Agreement between the Participant and the Company. The Option shall be subject to all applicable terms and conditions of the Plan and may be subject to any other terms and conditions imposed by the Board, as set forth in the Option Award Agreement, which are not inconsistent with the Plan. The provisions of the various Option Award Agreements for Options entered into under the Plan need not be identical.

Appears in 1 contract

Samples: Stock Plan (Life Spectacular, Inc.)

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