Common use of Stock Option Plan Clause in Contracts

Stock Option Plan. The Board of Directors of Parent shall adopt the Parent Option Plan reserving for issuance 2,000,000 shares of Parent Common Stock, subject to ratification of Parent’s shareholders after the Effective Time.

Appears in 3 contracts

Samples: Merger Agreement (Solar Energy Initiatives, Inc.), Merger Agreement (Critical Digital Data, Inc.), Merger Agreement (Foothills Resources Inc)

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Stock Option Plan. The Board of Directors of Parent shall adopt adopt, prior to or as of the Parent Effective Time, the 2010 Option Plan Plan, subject to stockholder approval, reserving for issuance 2,000,000 3,500,000 shares of Parent Common Stock, subject to ratification of Parent’s shareholders after the Effective Time.

Appears in 2 contracts

Samples: Merger Agreement (Invivo Therapeutics Holdings Corp.), Merger Agreement (Invivo Therapeutics Holdings Corp.)

Stock Option Plan. The Board of Directors and shareholders of Parent shall adopt the Parent Option Plan reserving for issuance 2,000,000 3,000,000 shares of Parent Common Stock, subject Stock prior to ratification or as of Parent’s shareholders after the Effective Time.

Appears in 2 contracts

Samples: Merger Agreement (Cromwell Uranium Corp.), Merger Agreement (Modigene Inc.)

Stock Option Plan. The Board of Directors of Parent shall adopt adopt, prior to or as of the Effective Time, the Parent Option Plan Plan, subject to stockholder approval, reserving for issuance 2,000,000 6,700,000 shares of Parent Common Stock, subject to ratification of Parent’s shareholders after the Effective Time.

Appears in 2 contracts

Samples: Merger Agreement, Merger Agreement (Organovo Holdings, Inc.)

Stock Option Plan. The Board of Directors of Parent shall adopt adopt, prior to or as of the Parent Option Effective Time, an Equity Incentive Plan (the “2012 Equity Incentive Plan”), subject to stockholder approval, reserving for issuance 2,000,000 10,000,000 shares of Parent Common Stock, subject to ratification of Parent’s shareholders after the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Lifeapps Digital Media Inc.)

Stock Option Plan. The Board of Directors and shareholders of Parent shall adopt the Parent Option Plan reserving for issuance 2,000,000 3,000,000 shares of Parent Common Stock prior to or as of the Effective Time. For a period of 12 months following the Effective Time, the Parent shall not issue options or other awards under the Parent Option Plan with respect to more than an aggregate of 600,000 shares of Parent Common Stock, subject to ratification of Parent’s shareholders after the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (UFood Restaurant Group, Inc.)

Stock Option Plan. The Board of Directors and shareholders of Parent shall adopt the Parent Option Plan reserving for issuance 2,000,000 shares of Parent Common Stock, subject Stock prior to ratification or as of Parent’s shareholders after the Effective Time. Parent shall also assume the Company’s 2003 Plan.

Appears in 1 contract

Samples: Merger Agreement (WaferGen Bio-Systems, Inc.)

Stock Option Plan. The Board of Directors and shareholders of Parent shall adopt the Parent Option Plan reserving for issuance 2,000,000 4,000,000 shares of Parent Common Stock, subject Stock prior to ratification or as of Parent’s shareholders after the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Kentucky USA Energy, Inc.)

Stock Option Plan. The Board of Directors and shareholders of Parent shall adopt the Parent Option Plan reserving for issuance 2,000,000 shares of Parent Common Stock, subject Stock prior to ratification or as of Parent’s shareholders after the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Ethanex Energy, Inc.)

Stock Option Plan. The Board of Directors of Parent shall adopt the Parent Option Plan reserving for issuance 2,000,000 4,000,000 shares of Parent Common Stock prior to or as of the Effective Time. For a period of 24 months following the Effective Time, the Parent shall not issue options or other awards under the Parent Option Plan with respect to more than an aggregate of 400,000 shares of Parent Common Stock, subject to ratification of Parent’s shareholders after the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Nevada Gold Holdings, Inc.)

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Stock Option Plan. The Board of Directors and shareholders of Parent shall adopt the Parent Option Plan reserving for issuance 2,000,000 3,850,000 shares of Parent Common Stock, subject Stock prior to ratification or as of Parent’s shareholders after the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Kreido Biofuels, Inc.)

Stock Option Plan. The Board of Directors of Parent shall adopt the Parent Option Plan reserving for issuance 2,000,000 4,000,000 shares of Parent Common Stock, subject to ratification of Parent’s 's shareholders after the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Alternative Energy Sources Inc)

Stock Option Plan. The Board of Directors and shareholders of Parent shall adopt the Parent Option Plan reserving for issuance 2,000,000 5,698,823 shares of Parent Common Stock, subject Stock prior to ratification or as of Parent’s shareholders after the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Aslahan Enterprises Ltd.)

Stock Option Plan. The Board of Directors of and shareholders of Parent shall adopt the Parent Option Plan reserving for issuance 2,000,000 shares of Parent Common Stock, subject prior to ratification or as of Parent’s shareholders after the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (High Tide Ventures, Inc.)

Stock Option Plan. The Board of Directors and shareholders of the Parent shall adopt the Parent Option Plan reserving for issuance 2,000,000 an aggregate of 4,250,000 shares of Parent Common Stock, subject Stock prior to ratification or as of Parent’s shareholders after the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (22nd Century Group, Inc.)

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