Employee Option Plan definition
Examples of Employee Option Plan in a sentence
Upon Executive's termination of employment for any reason, Executive's rights and Company's obligations with respect to the Options shall be governed by the Employee Option Plan.
The Options are governed by the Petsec Energy Ltd Employee Option Plan, as may be amended from time to time and one or more times (the "Option Plan").
The number of shares underlying the Option Grant and the exercise price thereof and all other terms and conditions of said Grant shall be set forth in Company’s Employee Option Plan and shall be appropriately adjusted upon any split, combination, reclassification, recapitalization or similar change with respect to the Parent’s common stock.
For a more detailed description of the Company's business, see "Business." The Offering Shares of Common Stock offered: 1,111 including Shares to be acquired for cash out of the subscribing offeree's own funds or by delivery of a four year note, but not including shares which may be acquired pursuant to options granted under the Employee Option Plan.
See "Stockholders' Agreement." The maximum aggregate number of shares which may be subscribed for pursuant to this offering is 1,111, which number does not include any shares of Common Stock to be issued upon exercise of options granted under the Employee Option Plan.