Common use of Stock Option Awards Clause in Contracts

Stock Option Awards. The Board may, on an annual basis, in its discretion, grant the Employee stock options based on his performance and that of the Company against reasonably attainable goals. Such grants will be made under the 2000 Stock Option Plan (the "Option Plan") and, except as otherwise expressly provided herein, the awards will be governed by the terms of the Option Plan.

Appears in 4 contracts

Samples: Employment Agreement (Combinatorx, Inc), Employment Agreement (Combinatorx, Inc), Employment Agreement (Combinatorx, Inc)

AutoNDA by SimpleDocs

Stock Option Awards. The Board or a Committee thereof may, on an annual basis, in its discretion, grant the Employee stock options or other equity incentive awards based on his performance and that of the Company against reasonably attainable goals. Such grants will be made under the 2000 Stock Option Company’s Amended and Restated 2004 Incentive Plan (the "Option Plan") and, except as otherwise expressly provided herein, the awards will be governed by the terms of the Option PlanPlan and the related grant agreements.

Appears in 1 contract

Samples: Employment Agreement (Combinatorx, Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!