Examples of IPO Stock Option in a sentence
If, during the period ending on the first anniversary of the Effective Date, the Company consummates a Change in Control while Executive remains continuously employed in good standing as CFO, and provided that Executive has not earned the right to receive the Qualifying IPO Stock Bonus Award or the Qualifying IPO Stock Option Grant under Section 3(c), the Company shall pay Executive a change in control bonus of $400,000 in a lump sum payment within 5 business days of such change.
The IPO Stock Option shall be governed in all respects by the terms and conditions of the 2010 Plan.
If the provisions of the Code or Regulations relating to incentive stock options are changed during the term of the Black IPO Stock Option Plans, the Board shall have the power to alter the Plans to conform to such changes.
The Black IPO Stock Option Plan became effective March 1, 2000 upon its adoption by the favorable vote of the holders of a majority of the common stock of the Company present, in person or by proxy, and entitled to vote at said meeting of such stockholders; and the NonQualified Plan became effective upon unanimous resolution of the Board on August 10, 2000.
Officers and other key employees of the Company or any subsidiary or parent shall be eligible for selection to participate in the Black IPO Stock Option Plans; provided, however, that members of the Committee, if any, administering the Plans shall not be eligible to receive Options under the Plan while members of the Committee.
IN WITNESS WHEREOF, SYMPLEX COMMUNICATIONS CORPORATION, has caused this IPO Stock Option Plan to be executed this 29th day of April, 1997.
No officer or other employee of the Company shall have a right to be granted Options under the Black IPO Stock Option Plans nor, having been granted Options, be selected to receive additional Options.
The Black IPO Stock Option Plans shall terminate ten (10) years after their approval by the stockholders of the Company or adoption by the Board, whichever is earlier.
The terms and conditions of the IPO Stock Option shall, in a manner consistent with this Section 3(c)(4), be set forth in the IPO Stock Option Agreement, to be entered into by the Company and you, which shall evidence the grant of the IPO Stock Option.
Subject to the provisions of Paragraph 1 and Paragraph 11, the total number of shares of stock which may be optioned under the Black IPO Stock Option Plans is One Million Hundred Two Hundred Thousand (1,200,000) shares of the Company's Class B Common Stock which shall be authorized and un-issued stock or treasury stock.