UNICAPITAL STOCK OPTIONS Sample Clauses

UNICAPITAL STOCK OPTIONS. Upon the effective date of the Registration Statement (but subject in all events to the consummation of the Merger), UniCapital shall make available options to purchase that number of shares of UniCapital Stock having a fair market value on the effective date of the Registration Statement, based upon the IPO price per share set forth in the Underwriting Agreement, equal to 6.25% of the Effective Date Consideration (valuing the UniCapital Stock to be issued as part of the Effective Date Consideration at the IPO price per share for the purposes of this Section 11.1) to be granted to those non-Stockholder key employees of the Surviving Corporation after the Closing as are designated by the principal executive officer of the Surviving Corporation who is entering into an Employment Agreement pursuant to Section 9.2 hereof (or such other officer designated by the Surviving Corporation and acceptable to UniCapital). Not later than seven days prior to the effective date of the Registration Statement, the officer designating the recipients of such options shall provide to UniCapital a written list of the names of those designated recipients who will receive options exercisable at the IPO price and the relative percentages of the 6.25% option pool provided under this Section 11.1 to be awarded to each recipient, as well as the percentage of options, if any, to be reserved for future issuance. Any options reserved for future issuance shall be granted at an exercise price equal to the fair market value of UniCapital Stock as of the date of grant. All options shall be granted in accordance with UniCapital's policies, and authorized and issued under the terms of UniCapital's principal stock option plan for the benefit of employees of UniCapital and its subsidiaries.