Stock Option Loan Sample Clauses

Stock Option Loan. On the date hereof, the Initial Lender agrees, subject to the conditions set forth in this Agreement (including, without limitation Section 2.01(d)(i)), to make the Stock Option Loan to the Borrower. The Borrower acknowledges that upon the Initial Lender making the Stock Option Loan, all amounts available under the Convertible Note shall have been disbursed in full to the Borrower and that the Convertible Note Holder shall be under no obligation to make any further loans to the Borrower under, or with respect to, the Convertible Note.
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Stock Option Loan. The proceeds of the Stock Option Loan shall be used, subject to the terms of this Agreement, to acquire all of the rights of Lydian under the Stock Option Agreement.
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Stock Option Loan. On the Stock Option Loan Maturity Date, the Borrower shall repay to the Administrative Agent for the benefit of the Convertible Note Holder the aggregate principal amount of the Stock Option Loan (including, without limitation, the Stock Option Loan PIK Interest Amount) together with the outstanding interest due and owing on such Stock Option Loan.
Sample 1
Stock Option Loan. The Company agrees to make the Executive loans (the "Stock Option Loans") in the amounts necessary to exercise the shares subject to the Option and all other stock options held by or granted hereafter to Executive (the "Stock Options"). The Stock Option Loans will be secured by a pledge of the shares subject to the Stock Options and will be subject to the terms of Secured Promissory Notes and other related documents. The Stock Option Loans will be for a four (4)
Sample 1
Stock Option Loan. The Company agrees to make the Executive loans (the "Stock Option Loans") in amounts necessary to exercise the shares subject to all stock options held by or granted hereafter to Executive (the "Stock Options"). The Stock Option Loans will be secured by a pledge of the shares subject to the Stock Options and will be subject to the terms of Secured Promissory Notes and other related documents. The Stock Option Loans will be for a four (4) year terms. The Executive agrees to pay the Stock Option Loans in full upon a termination of the Executive's services to the Company as an employee or consultant, for any reason.
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Stock Option Loan. Mr. Bailey's outstanding stock option loan in effect on the date of hxx xxxxxxxxxt from Williams shall continue in force through the remainder of its originax xxxx.
Sample 1

Related to Stock Option Loan

  • Stock Option Award Within the 60-day period following the Start Date, Executive will receive an award of stock options to purchase Common Stock (the “Options”). The terms and conditions of the Options will be governed by Parent’s 2010 Equity Incentive Plan and the Stock Option Agreement in substantially the form attached hereto as Exhibit A. The number of shares covered by such Options shall equal 10,000. The Options shall have a per share exercise price equal to the fair market value per share of such Option on the date of grant, as determined by the Board.

  • Stock Option Grant Subject to the provisions set forth herein and the terms and conditions of the Plan, and in consideration of the agreements of the Participant herein provided, the Company hereby grants to the Participant an Option to purchase from the Company the number of shares of Common Stock, at the exercise price per share, and on the schedule, set forth above.

  • Stock Option The Corporation hereby grants to the Optionee the option (the "Stock Option") to purchase that number of shares of Class A Common Stock of the Corporation, par value $.01 per share, set forth on Schedule A. The Corporation will issue these shares as fully paid and nonassessable shares upon the Optionee's exercise of the Stock Option. The Optionee may exercise the Stock Option in accordance with this Agreement any time prior to the tenth anniversary of the date of grant of the Stock Option evidenced by this Agreement, unless earlier terminated according to the terms of this Agreement. Schedule A sets forth the date or dates after which the Optionee may exercise all or part of the Stock Option, subject to the provisions of the Plan.

  • Stock Option Grants Executive will receive an annual grant of stock options during the term of this Agreement in a manner and under terms that are consistent with grants made to other executives of the Company.

  • Stock Option Awards During the Term, the Executive shall be eligible for awards of options to purchase shares of the Company’s common stock (the “Stock Options”), such Stock Options to be awarded in the sole discretion of the Compensation Committee and in accordance with the terms of the Company’s Stock Option Plan, as such Stock Option Plan may be amended, suspended or terminated from time to time.

  • Stock Option Plan The Executive shall be eligible to participate in the Company's Stock Option Plan in accordance with the terms and conditions thereof.

  • Nonstatutory Stock Option The Optionee may incur regular federal income tax liability upon exercise of a NSO. The Optionee will be treated as having received compensation income (taxable at ordinary income tax rates) equal to the excess, if any, of the Fair Market Value of the Exercised Shares on the date of exercise over their aggregate Exercise Price. If the Optionee is an Employee or a former Employee, the Company will be required to withhold from his or her compensation or collect from Optionee and pay to the applicable taxing authorities an amount in cash equal to a percentage of this compensation income at the time of exercise, and may refuse to honor the exercise and refuse to deliver Shares if such withholding amounts are not delivered at the time of exercise.

  • Nonqualified Stock Option The Option is a nonqualified stock option and is not, and shall not be, an incentive stock option within the meaning of Section 422 of the Code.

  • Stock Option Vesting The provisions of this Section 2.2(d) shall apply to any equity based awards under the Omnibus Plan, the defined terms of which are incorporated in this Section 2.2(d) by reference.

  • Initial Stock Option Grant You will be awarded options in respect of Koninklijke common stock (your “Initial Stock Options”). The number of Initial Stock Options to be awarded to you is stated in the Schedule. The vesting schedule for your Initial Stock Options is stated in the Schedule. Your Initial Stock Options will be subject to the terms of LTIP and to the terms of your award agreement under it.

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