Ten-Percent Stockholders. A Ten Percent Stockholder will not be granted an Incentive Stock Option unless the exercise price of such Option is at least 110% of the Fair Market Value on the date of grant and the Option is not exercisable after the expiration of five years from the date of grant.
Appears in 4 contracts
Samples: Option Agreement (Invea Therapeutics, Inc), Option Agreement (Atreca, Inc.), Restricted Stock Unit Grant Agreement (Entasis Therapeutics Holdings Inc.)
Ten-Percent Stockholders. A Ten Percent Stockholder will shall not be granted an Incentive Stock Option unless the exercise price of such Option is at least one hundred ten percent (110% %) of the Fair Market Value on of the Common Stock at the date of grant and the Option is not exercisable after the expiration of five (5) years from the date of grant.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Lightspan Inc)
Ten-Percent Stockholders. A Ten Percent Stockholder will shall not be granted an Incentive Stock Option unless the exercise price of such Option Exercise Price is at least 110% of the Fair Market Value of the Common Stock on the date of grant Grant Date and the Option is not exercisable after the expiration of five years from the date of grantGrant Date.
Appears in 1 contract
Samples: Business Combination Agreement (Collier Creek Holdings)
