Common use of Stock Options and Related Incentive Plans Clause in Contracts

Stock Options and Related Incentive Plans. Executive shall be eligible to participate in the Company’s existing incentive programs and any additional or successor incentive plan or plans, including the Masimo Corporation 2007 Stock Incentive Plan. Any option grants made to Executive pursuant to such plans shall provide for an expiration date consistent with the provisions of such plans, without regard to termination of employment; provided, however, in no event shall any option remain exercisable beyond its stated expiration date.

Appears in 2 contracts

Samples: Employment Agreement (Masimo Corp), Employment Agreement (Masimo Corp)

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Stock Options and Related Incentive Plans. Executive shall be eligible to participate in the Company’s 's existing incentive programs and any additional or successor incentive plan or plans, including the Masimo Corporation 2007 Stock Incentive Plan. Any option grants made to Executive pursuant to such plans shall provide for an expiration date consistent with the provisions of such plans, without regard to termination of employment; provided, however, in no event shall any option remain exercisable beyond its stated expiration date.

Appears in 1 contract

Samples: Employment Agreement (Masimo Corp)

Stock Options and Related Incentive Plans. Executive shall be eligible to participate in the Company’s 's existing incentive programs and any additional or successor incentive plan or plans, including the Masimo Corporation 2007 Stock Incentive Plan. Any option grants made to Executive pursuant to such plans shall provide for an expiration date consistent with the provisions of such plans, ; without regard to termination of employment; provided, however, in no event shall any option remain exercisable beyond its stated expiration date.

Appears in 1 contract

Samples: Employment Agreement (Masimo Corp)

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Stock Options and Related Incentive Plans. Executive shall be eligible to participate in the Company’s existing incentive programs and any additional or successor incentive plan or plans, including the Masimo Corporation 2007 Stock Incentive Plan. Any option grants made to Executive pursuant to such plans shall provide for an expiration date consistent with the provisions of such plans, without regard to termination of employment; provided, however, in no event shall any option remain exercisable beyond its stated expiration date.

Appears in 1 contract

Samples: Employment Agreement (Masimo Corp)

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