Example ContractsClausesbiosculpture stock options and warrantsVariants
Remove:

Stock Options. Provided that the Executive remains employed with the Company on the day following the expiration of the six months Probationary Period as set forth in Section 1 hereof, the Company shall grant to the Executive an option to purchase 75,000 shares of the Company’s common stockOptions”) under the Company’s 2011 Long Term Incentive Plan (the “Plan”), pursuant to the terms and conditions of the Plan, this Agreement and any applicable stock option award agreement. The

Stock Options.Restricted Stock. Provided that the Executive remains employed with the Company on the day following the expiration of the six months Probationary Period as set forth in Section 1 hereof, the Company shall grant to the Executive an option to purchase 75,50,000 sharesRestricted Shares of the Company’s common stock Options”) under the Company’s 2011 Long Term Incentive Plan (the “Plan”),Plan, pursuant to the terms and conditions of the Plan, this AgreementPlan. The vesting of the Restricted Shares shall vest, subject to continued employment with the Company on the applicable vesting date, as follows: 15,000 immediately vested shares, 15,000 of the shares shall vest on the second anniversary of the Employment Commencement Date and any applicable stock option award agreement. The the remainder shall vest on the third anniversary of the Employment Commencement Date.

Stock Options. Provided thatThe Executive shall be granted stock options under the Executive remains employed withCompany’s 2011 Equity Incentive Plan entitling him to purchase 300,000 shares of common stock of the Company at an exercise price calculated as the closing price of the Company’s common stock on the dayClosing Date, as such term is defined in the Purchase Agreement (to which this Agreement is an exhibit), which options shall vest 40% after 24 months and thereafter the remaining 60% in equal monthly installments over the following 36 months, pursuant to a customary stock option agreement that will contain the expiration ofterms pertaining to the six months Probationary Period asstock options set forth in Section 1 hereof,this [Section 3(b)], which the Executive and the Company shall grant to the Executive an option to purchase 75,000 sharesenter into within ten (10) business days after this Agreement is executed by both of the Company’s common stockOptions”) under the Company’s 2011 Long Term Incentive Plan (the “Plan”), pursuant to the terms and conditions of the Plan, this Agreement and any applicable stock option award agreement. Theparties.

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.