Common use of Stock Option Grant Clause in Contracts

Stock Option Grant. Upon execution of this Agreement, Management shall recommend to the Board that the Company shall grant to Employee an Option to purchase shares of common stock of the Company or receive a Stock Grant. The amount of the Grant of shares or options that has been suggested is 25,000 but is subject to Board approval and whichever method of grant that is available to the company and retains a tax neutral event for Employee.

Appears in 7 contracts

Sources: Employment Agreement (Voice Assist, Inc.), Employment Agreement (Voice Assist, Inc.), Employment Agreement (Voice Assist, Inc.)

Stock Option Grant. Upon Following the execution of this Agreement, Management shall recommend to the Board that the Company shall grant to Employee an Option a non-qualified option to purchase 190,000 shares of common stock the Company’s Common Stock. The option grant shall be contingent upon approval of the Company or receive a Stock Grant. The amount Board of the Grant of shares or options that has been suggested is 25,000 but is Directors and subject to Board approval the terms and whichever method conditions in the Company’s stock option plan and in the Company’s stock option agreement forms, vesting over a period of grant that is available to the company and retains a tax neutral event for Employeefour years.

Appears in 2 contracts

Sources: Employment Agreement (Athenahealth Inc), Employment Agreement (Athenahealth Inc)

Stock Option Grant. Upon execution of this Agreement, Management shall recommend to the Board that the Company shall grant to Employee an Option to purchase shares of common stock of the Company or receive a Stock Grant. The amount of the Grant of shares or options that has been suggested is 25,000 150,000 but is subject to Board approval and whichever method of grant that is available to the company and retains a tax neutral event for Employee.

Appears in 2 contracts

Sources: Employment Agreement (Voice Assist, Inc.), Employment Agreement (Voice Assist, Inc.)

Stock Option Grant. Upon execution of this Agreement, Management shall recommend Subject to the approval of the Compensation Committee of the Board that of Directors of the Company Company, the Executive shall grant to Employee be granted an Option option to purchase 600,000 shares of the common stock of the Company or receive a Stock Grant. The amount priced at market value as of the Grant date of shares or options that has been suggested is 25,000 but is subject to Board approval grant, and whichever method of grant that is available to otherwise having terms as set forth in the company Company's Amended and retains a tax neutral event for EmployeeRestated 1993 Stock Option Plan.

Appears in 1 contract

Sources: Employment Agreement (HFS Inc)

Stock Option Grant. Upon Following the execution of this Agreement, Management shall recommend and subject to the approval of the Board that of Directors, the Company shall grant to Employee an Option option to purchase 330,000 shares of common stock the Company's Common Stock. The option grant shall be contingent upon approval of the Company or receive a Stock Grant. The amount Board of the Grant of shares or options that has been suggested is 25,000 but is Directors, subject to determination by the Board approval of Directors with respect to strike price and whichever method of grant that is available vesting schedule and subject to the company terms and retains a tax neutral event for Employeeconditions in the Company's stock option plan and in the Company's stock option agreement forms.

Appears in 1 contract

Sources: Employment Agreement (Athenahealth Inc)

Stock Option Grant. Upon execution of this Agreement, Management shall recommend The Board has agreed to the Board that the Company shall grant to Employee you an Option option to purchase common shares of common stock of the Company or receive a Stock (the “Grant”). The amount Grant will consist of an option grant to purchase 280,000 (two hundred and eighty thousand common shares of the Company. The Grant of shares or options that has been suggested is 25,000 but is shall be subject to Board approval and whichever method of grant that is available to the company and retains a tax neutral event for Employeevesting schedule below.

Appears in 1 contract

Sources: Consulting Agreement (Actinium Pharmaceuticals, Inc.)