3. Time of Exercise; Acceleration. This option will vest as to eight and ------------------------------ one-third percent (8.33%) of the Grant Number on July 1, 2006 and then as to eight and one-third percent (8.33%) of the Grant Number on the first...Incentive Stock Option Agreement • May 25th, 2006 • Terabeam, Inc. • Radio & tv broadcasting & communications equipment • Delaware
4. Annual Bonus. With respect to each calendar year while employed ------------ hereunder, Executive shall be eligible to earn an annual bonus award (an "Annual Bonus") pursuant to an annual incentive plan to be established by the Board no later than...Employment Agreement • May 25th, 2006 • Terabeam, Inc. • Radio & tv broadcasting & communications equipment • Delaware
