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)[Section 5(b)] above, “outstanding stock”"outstanding shares" shall include all stock actually issued and outstanding immediately after the grant. “Outstanding stock”issue 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.
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