Common use of Stock Option Bonus Clause in Contracts

Stock Option Bonus. The Company agrees that, from time to time during the Employment Term, the Employee may be eligible for additional stock option grants as determined, on an annual basis, by the Board and based upon the successful completion of annual goals and objectives as determined by the Board. All such grants shall vest in accordance with the Company’s standard form option grant agreement. The decision of the Board as to whether or not to award any stock options shall be final and binding on the parties.

Appears in 3 contracts

Samples: Employment Agreement (Amylyx Pharmaceuticals, Inc.), Employment Agreement (Amylyx Pharmaceuticals, Inc.), Employment Agreement (Amylyx Pharmaceuticals, Inc.)

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Stock Option Bonus. The Company agrees that, from time to time during the Employment Term, the Employee may be eligible for additional stock option grants as determined, on an annual basis, by the Board and based upon the successful completion of annual goals and objectives as determined by the Board. All such grants shall vest in accordance with the Company’s standard form option grant agreement. The decision of the Board as to whether or not to award any stock options shall be final and binding on the parties.

Appears in 1 contract

Samples: Employment Agreement (Amylyx Pharmaceuticals, Inc.)

Stock Option Bonus. The Company agrees that, from time In addition to time during the Employment TermStock Option Grant set forth in Section 4(a) hereof, the Employee may be eligible for additional entitled to further stock option grants as determined, on an annual basis, by the Board and based upon the successful completion of annual goals and objectives as determined agreed upon by the Employee and the Board. All such grants shall vest be in accordance with the Company’s standard form option grant agreement. The decision of the Board as to whether or not to award any stock options shall be final and binding on the partiesIncentive Stock Option Agreement.

Appears in 1 contract

Samples: Employment Agreement (Forma Therapeutics Holdings, Inc.,)

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Stock Option Bonus. The Company agrees that, from time to time during the Employment Term, the Employee may be eligible for additional stock option grants grants, in addition to the stock option grant provided in Section 4(a) hereof, as determined, on an annual basis, by the Board and based upon the successful completion of annual goals and objectives as determined by the Board; and when determined, annexed hereto and made a part hereof. All such grants shall vest in accordance with the Company’s standard form option grant agreement. The decision of the Board as to whether or not to award any stock options shall be final and binding on the parties.

Appears in 1 contract

Samples: Employment Agreement (Amylyx Pharmaceuticals, Inc.)

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