Initial Option. As further consideration for Executive’s employment, promptly following Executive’s Start Date and subject to approval by the Board, Executive will be granted a nonstatutory stock option (the “Initial Option”) under the Company’s 2015 Equity Incentive Plan, as amended (the “Plan”) to purchase that number of shares of the Company’s common stock that is equal to 4.25% of the fully-diluted capitalization of the Company (defined
Appears in 2 contracts
Sources: Executive Employment Agreement (Metacrine, Inc.), Executive Employment Agreement (Metacrine, Inc.)