Common use of Stock Options/Equity Awards Clause in Contracts

Stock Options/Equity Awards. Except to the extent additional rights are provided upon the Executive’s qualifying to receive the Conditional Benefits, the Executive’s rights with respect to any stock options and/or other equity awards granted to the Executive by the Company shall be governed by the terms and provisions of the Plans and Plan rules, provided that the Executive shall have ninety (90) days from the Termination Date to exercise vested options, and award agreements pursuant to which such stock options and equity awards were awarded, as in effect at the Termination Date.

Appears in 9 contracts

Samples: Employment Agreement (Gemphire Therapeutics Inc.), Employment Agreement (Brain Scientific Inc.), Employment Agreement (NEUROONE MEDICAL TECHNOLOGIES Corp)

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Stock Options/Equity Awards. Except to the extent additional rights are provided upon the Executive’s qualifying to receive the Conditional Benefits, the Executive’s rights with respect to any stock options and/or other equity awards granted to the Executive by the Company shall be governed by the terms and provisions of the Plans and Plan plans (including plan rules, provided that the Executive shall have ninety (90) days from the Termination Date to exercise vested options, and award agreements pursuant to which such stock options and equity awards were awarded, as in effect at the Termination Datedate of termination of the Executive’s employment.

Appears in 8 contracts

Samples: Employment Agreement (Mackinac Financial Corp /Mi/), Employment Agreement (Mackinac Financial Corp /Mi/), Employment Agreement (Mackinac Financial Corp /Mi/)

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