Common use of Stock Option Consideration Clause in Contracts

Stock Option Consideration. Employee, as partial consideration for his services, shall be entitled to receive Stock Options as determined by the Employer's Board of Directors. Such determination shall be made on an annual basis.

Appears in 4 contracts

Samples: Executive Employment Agreement (Livewire Ergogenics Inc.), Executive Employment Agreement (Livewire Ergogenics Inc.), Executive Employment Agreement (SF Blu Vu, Inc.)

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Stock Option Consideration. Employee, as partial consideration for his services, shall be entitled to receive Stock Options as determined by the Employer's ’s Board of Directors. Such determination shall be made on an annual basis.

Appears in 2 contracts

Samples: Executive Employment Agreement (LiveWire Ergogenics, Inc.), Executive Employment Agreement (LiveWire Ergogenics, Inc.)

Stock Option Consideration. Employee, as partial consideration for his services, shall be entitled to receive Stock Options as determined by the EmployerCompany's Board of DirectorsStock Option Committee (to be formed). Such determination shall be made on an annual basis.

Appears in 1 contract

Samples: Executive Employment Agreement (Eroom System Technologies Inc)

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Stock Option Consideration. While currently not available, Employee, as partial consideration for his services, shall be entitled to participate in and receive any Stock Options available under any future options plan as determined by the EmployerCompany's Board of Directors. Such determination shall be made on an annual basis.

Appears in 1 contract

Samples: Executive Compensation Agreement (Signal Advance Inc)

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