Incentive Stock Plan. The Executive shall be entitled to participate in the Company's incentive stock ownership plan (the "Plan"). All grants of stock options made to the Executive shall be at the sole discretion of the Board of Directors and shall be made in accordance with and subject to the terms of the Plan and a separate agreement or commitment evidencing the options shall be entered into concurrently with any such grant.
Appears in 3 contracts
Sources: Executive Employment Agreement (Algernon Pharmaceuticals Inc.), Executive Employment Agreement (Algernon Pharmaceuticals Inc.), Executive Employment Agreement (Algernon Pharmaceuticals Inc.)