Example ContractsClausesadjustments to outstanding award opportunitiesVariants
Remove:

Outstanding Stock. For purposes of [Section 4.c]) above, “outstanding stock” shall include all stock actually issued and outstanding immediately after the grant. “Outstanding stock” shall not include shares authorized for issuance under outstanding options held by the Employee or by any other person.

Outstanding Stock. For purposes of [Section 4.c])4(b)] above, “outstanding stock” shall include all stockStock actually issued and outstanding immediately after the grant. “Outstanding stock” shall not include sharesShares authorized for issuance under outstanding options held by the Employee or by any other person.

Outstanding Stock. For purposes of [Section 4.c])5(b)] above, outstanding stock”"outstanding shares" shall include all stock actually issued and outstanding immediately after the grant. “Outstanding stockissue of the Grant to the Grantee. With respect to the stock ownership of any Grantee, "outstanding shares" shall not include shares authorized for issuanceissue under outstanding Options held by such Grantee, but not options held by the Employee or by any other person.

Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.