Common use of Ten Percent Shareholder Clause in Contracts

Ten Percent Shareholder. In the case of an Incentive Stock Option granted to a Ten Percent Shareholder, (i) the Exercise Price shall not be less than one hundred and ten percent (110%) of the Fair Market Value of the Shares on the date of grant of such Incentive Stock Option, and (ii) the Exercise Period shall not exceed five (5) years from the date of grant of such Incentive Stock Option.

Appears in 15 contracts

Samples: 2012 Omnibus Equity Incentive Plan (Stratasys Ltd.), Share Incentive Plan (Compugen LTD), 2014 Equity Incentive Plan (MediWound Ltd.)

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Ten Percent Shareholder. In the case of an Incentive Stock Option granted to a Ten Percent Shareholder, (i) the Exercise Price shall not be less than one hundred and ten percent (110%) of the Fair Market Value of the Shares a Share on the date of grant of such Incentive Stock Option, and (ii) the Exercise Period shall not exceed five (5) years from the effective date of grant of such Incentive Stock Option.

Appears in 2 contracts

Samples: 2014 Share Incentive Plan, 2014 Share Incentive Plan (CyberArk Software Ltd.)

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Ten Percent Shareholder. In the case of an Incentive Stock Option granted to a Ten Percent Shareholder, notwithstanding the foregoing provisions of this Section β€Ž8.6, (i) the Exercise Price shall not be less than one hundred and ten percent (110%) of the Fair Market Value of the Shares a Share on the date of grant of such Incentive Stock Option, and (ii) the Exercise Period shall not exceed five (5) years from the effective date of grant of such Incentive Stock Option.

Appears in 1 contract

Samples: Polyrize Security Ltd. 2019 Share Incentive Plan Amendment (Varonis Systems Inc)

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