STRUCTURE OF THE PLAN. A. The Plan shall be divided into three separate equity incentives programs: 1. the Discretionary Option Grant Program under which eligible persons may, at the discretion of the Plan Administrator, be granted options to purchase shares of Common Stock, 2. the Stock Issuance Program under which eligible persons may, at the discretion of the Plan Administrator, be issued shares of Common Stock, and 3. the Other Stock Award Program under which eligible persons may, at the discretion of the Plan Administrator, be granted restricted stock units, stock appreciation rights and dividend equivalents. B. The provisions of Articles One, Five and Six shall apply to all equity programs under the Plan and shall govern the interests of all persons under the Plan.
Appears in 2 contracts
Samples: 2022 Omniab Service Provider Assumed Award Plan (OmniAb, Inc.), 2022 Ligand Service Provider Assumed Award Plan (OmniAb, Inc.)
STRUCTURE OF THE PLAN. A. The Plan shall be divided into three separate equity incentives programs:
1. the Discretionary Option Grant Program under which eligible persons may, at the discretion of the Plan Administrator, be granted options to purchase shares of Common Stock,
2. the Stock Issuance Program under which eligible persons may, at the discretion of the Plan Administrator, be issued shares of Common Stock, and
3. the Other Stock Award Program under which eligible persons may, at the discretion of the Plan Administrator, be granted restricted stock units, stock appreciation rights and dividend equivalents.
B. The provisions of Articles One, Five and Six shall apply to all equity programs under the Plan and shall govern the interests of all persons under the Plan..
Appears in 1 contract
Samples: 2022 Omniab Service Provider Assumed Award Plan (Avista Public Acquisition Corp. II)
STRUCTURE OF THE PLAN.
A. The Plan shall be divided into three separate equity incentives programs::
1. the Discretionary Option Grant Program under which eligible persons may, at the discretion of the Plan Administrator, be granted options to purchase shares of Common Stock,,
2. the Stock Issuance Program under which eligible persons may, at the discretion of the Plan Administrator, be issued shares of Common Stock, and
3. the Other Stock Award Program under which eligible persons may, at the discretion of the Plan Administrator, be granted restricted stock units, stock appreciation rights and dividend equivalents..
B. The provisions of Articles One, Five and Six shall apply to all equity programs under the Plan and shall govern the interests of all persons under the Plan.
Appears in 1 contract
Samples: 2022 Ligand Service Provider Assumed Award Plan (Avista Public Acquisition Corp. II)
