Common use of USFloral Stock Options Clause in Contracts

USFloral Stock Options. As soon as practicable after the Closing, options to purchase such number of shares of USFloral Common Stock as shall have a fair market value as of the Closing Date equal to 4.5% of the Merger Consideration provided for in Section 2.2 above shall be available for issuance to the key employees of the Surviving Corporation after the Closing, as determined by the Surviving Corporation's President (or other officer or director designated by the Surviving Corporation and acceptable to USFloral) in accordance with USFloral's policies, and authorized and issued under the terms of USFloral's 1997 Long-Term Incentive Plan.

USFloral Stock Options. As soon as practicable after the Closing, options to purchase such number of shares of USFloral Common Stock as shall have a fair market value as of the Closing Date equal to 4.56.25% of the Merger Consideration provided for in Section 2.2 above shall be available for issuance to the key employees of the Surviving Corporation after the Closing, as determined by the Surviving Corporation's President (or other officer or director designated by the Surviving Corporation and acceptable to USFloral) in accordance with USFloral's policies, and authorized and issued under the terms of USFloral's 1997 Long-Term Incentive Plan.

USFloral Stock Options. As soon as practicable after the Closing, options to purchase such number of shares of USFloral Common Stock as shall have a fair market value as of the Closing Date equal to 4.56.25% of the Merger Consideration provided for in Section 2.2 above shall be available for issuance to the key employees of the each Surviving Corporation after the Closing, as determined by the each Surviving Corporation's President (or other officer or director designated by the such Surviving Corporation and acceptable to USFloral) in accordance with USFloral's policies, and authorized and issued under the terms of USFloral's 1997 Long-Term Incentive Plan.

USFloral Stock Options. As soon as practicable after the Closing, options to purchase such number of shares of USFloral Common Stock as shall have a fair market value as of the Closing Date equal to 4.5% of the Merger Consideration provided for in Section 2.2 above shall be available for issuance to the key employees of the each Surviving Corporation after the Closing, as determined by the Surviving Corporation's President Xxxxxxx X. Xxxxxx (or other officer or director designated by the Surviving Corporation Corporations and acceptable to USFloral) in accordance with USFloral's policies, and authorized and issued under the terms of USFloral's 1997 Long-Term Incentive Plan.

USFloral Stock Options. As soon as practicable after the Closing, ---------------------- options to purchase such number of shares of USFloral Common Stock as shall have a fair market value as of on the Closing Date equal to 4.56.25% of the consideration delivered to the Stockholders in the Merger Consideration provided for in Section 2.2 above shall be available for issuance to the key employees of the Surviving Corporation after the Closing, as determined by the Surviving Corporation's President (or other officer or director designated by the Surviving Corporation and acceptable to USFloral) in accordance with USFloral's policies, and authorized and issued under the terms of USFloral's Amended and Restated 1997 Long-Term Incentive Plan (the "Plan").

USFloral Stock Options. As soon as practicable after the Closing, options to purchase such number of shares of USFloral Common Stock as shall have a fair market value as of the Closing Date equal to 4.56.25% of the Merger Consideration Purchase Price provided for in Section 2.2 1.2 above shall be available for issuance to the key employees of the Surviving Corporation after the Closing, as determined by the Surviving Corporation's President (or other officer or director designated by the Surviving Corporation and acceptable to USFloral) in accordance with USFloral's policies, and authorized and issued under the terms of USFloral's 1997 Long-Term Incentive Plan.

USFloral Stock Options. As soon as practicable after the Closing, options to purchase such number of shares of USFloral Common Stock as shall have a fair market value as of the Closing Date equal to 4.56.25% of the Merger Consideration provided for in Section 2.2 above shall be available for issuance to the key employees of the Surviving Corporation after the Closing, as determined by the Surviving Corporation's President (or other officer or director designated by the Surviving Corporation and acceptable to USFloral) in accordance with USFloral's policies, and authorized and issued under the terms of USFloral's 1997 Long-Term Incentive Plan.

USFloral Stock Options. As soon as practicable after the Closing, options to purchase such number of shares of USFloral Common Stock as shall have a fair market value as of the Closing Date equal to 4.5% of the Merger Initial Consideration provided for in Section 2.2 above shall be available for issuance to the key employees of the Surviving Corporation after the Closing, as determined by the Surviving Corporation's President (or other officer or director designated by the Surviving Corporation and acceptable to USFloral) in accordance with USFloral's policies, and authorized and issued under the terms of USFloral's 1997 Long-Term Incentive Plan.

USFloral Stock Options. As soon as practicable after the Closing, ---------------------- options to purchase such number of shares of USFloral Common Stock as shall have a fair market value as of on the Closing Date equal to 4.56.25% of the Merger Consideration provided for (as such term is defined in Section 2.2 above Annex II of this Agreement) shall be available for issuance to the key employees of the Surviving Corporation after the Closing, as determined by the Surviving Corporation's President president (or other officer or director designated by the Surviving Corporation and acceptable to USFloral) in accordance with USFloral's policies, and authorized and issued under the terms of USFloral's 1997 Long-Term Incentive Plan (the "Plan."). 11.3 Intentionally Left Blank

USFloral Stock Options. As soon as practicable after the Closing, ---------------------- options to purchase such number of shares of USFloral Common Stock as shall have a fair market value as of on the Closing Date equal to 4.56.25% of the Merger Consideration provided for consideration set forth in Section 2.2 above Annex II of this Agreement shall be available for issuance to the key employees of the Surviving Corporation after the Closing, as determined by the Surviving Corporation's President president (or other officer or director designated by the Surviving Corporation and acceptable to USFloral) in accordance with USFloral's policies, and authorized and issued under the terms of USFloral's 1997 Long-Term Incentive Plan (the "Plan").