Example ContractsClausesEquity Plans
Equity Plans
Equity Plans contract clause examples

Equity Plans. Employee shall be entitled to continue to participate in any equity or other employee benefit plan that is generally available to employees. Subject to approval by the Company’s Board of Directors (the “Board”), and pursuant to the Company’s Amended and Restated 2013 Equity Incentive Plan (the “Plan”), the Company will grant you an option to purchase 54,900 (fifty four thousand) shares of the Company’s common stock at the fair market value as determined by the Board as of the date of grant (the “Option”). The Option will be subject to the terms and conditions of the Plan and Employee’s grant agreement (“Grant Agreement”). The Grant Agreement will include a four-year vesting schedule, under which twenty-five percent (25%) of Employee’s shares will vest after twelve (12) months of employment, with the remaining shares vesting monthly thereafter, until either the Option is fully vested or this Agreement terminates, whichever occurs first. Except as otherwise provided in this Agreement, Employee’s participation in and benefits under any such plan shall be on the terms and subject to the conditions specified in the governing document of the particular plan.

Equity Incentive Plans. During the Agreement Period, Executive shall be eligible to participate in the Company’s equity incentive plans maintained by the Company from time to time (the “Company Equity Plans”). Executive has received a non-qualified stock option to purchase shares under the 2017 Stock Incentive Plan under a separate Stock Option Agreement.

Equity Incentive Plans. The Executive shall be entitled to participate in the Stock Plan, the Option Plan and other future equity incentive plans as may, from time to time during the Employment Period, be provided to members of management of the Company (the Stock Plan, the Option Plan and such other plans, “Equity Incentive Plans”), subject to the terms of any such Equity Incentive Plans and any agreements (such as Restricted Stock Agreements and Option Agreements) entered into by the Company and the Executive in connection with awards or grants thereunder.

Equity Plans. Each option granted by the Company under the Company’s equity plan was granted # in accordance with the terms of the Company’s equity plan and # with an exercise price at least equal to the fair market value of the Ordinary Shares on the date such option would be considered granted under GAAP and applicable law. No option granted under the Company’s equity plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, options prior to, or otherwise knowingly coordinate the grant of options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

Equity Plans. Each option granted by the Company under the Company’s equity plan was granted # in accordance with the terms of the Company’s equity plan and # with an exercise price at least equal to the fair market value of the Ordinary Shares on the date such option would be considered granted under GAAP and applicable law. No option granted under the Company’s equity plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, options prior to, or otherwise knowingly coordinate the grant of options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

Equity Plans. Each option granted by the Company under the Company’s equity plan was granted # in accordance with the terms of the Company’s equity plan and # with an exercise price at least equal to the fair market value of the Ordinary Shares on the date such option would be considered granted under GAAP and applicable law. No option granted under the Company’s equity plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, options prior to, or otherwise knowingly coordinate the grant of options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

Benefit Plans; Equity Incentive Plans. All rights and benefits which the Executive or his estate or other beneficiaries may have under the Benefit Plans and/or Equity Incentive Plans of the Company in which the Executive shall be participating at the Employment Termination Date shall be determined in accordance with such plans and any agreements entered into by the Company and the Executive in connection therewith or with awards thereunder.

Equity Plans. Executive shall be entitled to participate in any equity or other employee benefit plan that is generally available to executives of the Company. Except as otherwise provided in this Agreement, Executive’s participation in and benefits under any such plan shall be on the terms and subject to the conditions specified in the governing document of the particular plan.

Equity Plans. Employee shall be entitled to participate in any equity or other employee benefit plan that is generally available to employees. Except as otherwise provided in this Agreement, Employee’s participation in and benefits under any such plan shall be on the terms and subject to the conditions specified in the governing document of the particular plan. As additional compensation, and as an inducement material to Employee’s commencement of employment with the Company, contingent and effective upon the commencement of Employee’s services to the Company, subject to approval of the Board or the Compensation Committee of the Board, the Company will grant to Employee an option (the “Option”) to purchase 50,000 shares of the Company’s Common Stock. Except as otherwise set forth herein, 25% of the Option will vest on the one-year anniversary of the commencement of Employee’s employment with the Company, and the remaining portion of the Option shall vest in equal quarterly installments over the following three years.

Equity Plans or Programs. During the Initial Term and the Renewal Term, Executive may be eligible to participate in stock option, phantom stock, restricted stock or other similar equity incentive plans or programs which the Company may establish from time to time. The terms of any such plans or programs, and Executive’s eligibility to participate in them, shall be established by the Board at its sole discretion. Executive acknowledges and agrees that the Company may amend, modify or terminate any of such plans or programs at any time at its discretion.

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