Grant of Stock Options. Pursuant to the terms and conditions of the American Italian Pasta Company 1997 Equity Incentive Plan (the "Plan") and the Stock Option Agreement, by and between Employer and Employee dated as of the Effective Date, upon the Effective Date, Employer will grant to Employee an option to purchase 61,320 shares of Common Stock. The option price will be equal to the per share price at which the Common Stock is sold to the public in the Offering.
Appears in 4 contracts
Sources: Employment Agreement (American Italian Pasta Co), Employment Agreement (American Italian Pasta Co), Employment Agreement (American Italian Pasta Co)
Grant of Stock Options. Pursuant to the terms and conditions of the American Italian Pasta Company 1997 Equity Incentive Plan (the "Plan") and the Stock Option Agreement, by and between Employer and Employee dated as of the Effective Date, upon the Effective Date, Employer will grant to Employee an option to purchase 61,320 33,726 shares of Common Stock. The option price will be equal to the per share price at which the Common Stock is sold to the public in the Offering.
Appears in 2 contracts
Sources: Employment Agreement (American Italian Pasta Co), Employment Agreement (American Italian Pasta Co)