Common use of Options and SARs Clause in Contracts

Options and SARs. Subject to adjustment as provided in Section 4.2, no Employee shall be granted within any fiscal year of the Company one or more Options or Freestanding SARs which in the aggregate are for more than three million (3,000,000) shares of Stock reserved for issuance under the Plan.

Appears in 3 contracts

Sources: Consulting Agreement (Rocketinfo Inc.), Consulting Agreement (Rocketinfo Inc.), Consulting Agreement (Rocketinfo Inc.)