Common use of Existing Options Clause in Contracts

Existing Options. Employer previously granted Executive options to purchase two hundred thirty one thousand eight hundred five (231,805) shares of Employer's common stock in stock option grants dated December, 2004 and March, 2005 ("Existing Options"). As of the date of this Agreement, the options subject to the Existing Options are fully vested.

Appears in 3 contracts

Sources: Employment Agreement (Local Matters Inc.), Employment Agreement (Local Matters Inc.), Employment Agreement (Local Matters Inc.)