Eligibility Clause Example with 7 Variations from Business Contracts

This page contains Eligibility clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Eligibility. Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares and Performance Units may be granted to Employees so long as the following requirements are met: (a) The Employee was not previously an Employee or Director, or the Employee became employed by the Company or any of its Parent or Subsidiaries following a bona-fide period of non-employment or non-service; and (b) The grant of the Award or Awards to the Employee was an inducement mate...rial to the Employee's entering into employment with the Company (or any of its Parent or Subsidiaries, as applicable) in accordance with the Listing Rule. Notwithstanding the foregoing, an Employee may be granted an Award in connection with a merger or acquisition to the extent permitted by Listing Rule 5635(c). View More

Variations of a "Eligibility" Clause from Business Contracts

Eligibility. Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares and Performance Units may be granted to Employees Employees, so long as the following requirements are met: (a) The Employee was not previously an Employee or Director, or the Employee became employed by is returning to employment of the Company or any of its Parent or Subsidiaries following a bona-fide period of non-employment or non-service; non-employment; and -7- (b) The grant ...of the an Award or Awards to the Employee was is an inducement material to the Employee's entering into employment with the Company (or any of its Parent or Subsidiaries, as applicable) in accordance with the Inducement Listing Rule. Notwithstanding the foregoing, an Employee may be granted an Award in connection with a merger or acquisition to the extent permitted by Nasdaq Listing Rule 5635(c). 5635(c)(3) and the official guidance thereunder. View More
Eligibility. Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares and Performance Units may be granted to Employees so long as the following requirements are met: (a) The Employee was not previously an Employee or Director, or the Employee became employed by is returning to employment of the Company or any of its Parent or Subsidiaries following a bona-fide period of non-employment or non-service; non-employment; and (b) The grant of the an Award... or Awards to the Employee was is an inducement material to the Employee's entering into employment with the Company (or any of its Parent or Subsidiaries, as applicable) in accordance with the Inducement Listing Rule. 5 Notwithstanding the foregoing, an Employee may be granted an Award in connection with a merger or acquisition to the extent permitted by Nasdaq Listing Rule 5635(c). 5635(c) and the official guidance thereunder. View More
Eligibility. Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares and Performance Units may be granted to Employees Employees, so long as the following requirements are met: (a) The Employee was not previously an Employee or Director, or the Employee became employed by is returning to employment of the Company or any of its Parent or Subsidiaries following a bona-fide period of non-employment or non-service; non-employment; and (b) The grant of t...he an Award or Awards to the Employee was is an inducement material to the Employee's entering into employment with the Company (or any of its Parent or Subsidiaries, as applicable) in accordance with the Inducement Listing Rule. Notwithstanding the foregoing, an Employee may be granted an Award in connection with a merger or acquisition to the extent permitted by Nasdaq Listing Rule 5635(c). 5635(c)(3) and the official guidance thereunder. View More
Eligibility. Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares and Performance Units may be granted to Employees so long as the following requirements are met: (a) The Employee was not previously an Employee or Director, or the Employee became employed by is returning to employment of the Company or any of its Parent or Subsidiaries following a bona-fide period of non-employment or non-service; non-employment; and (b) The grant of the an Award... or Awards to the Employee was is an inducement material to the Employee's entering into employment with the Company (or any of its Parent or Subsidiaries, as applicable) in accordance with the Inducement Listing Rule. Notwithstanding the foregoing, an Employee may be granted an Award in connection with a merger or acquisition to the extent permitted by Nasdaq Listing Rule 5635(c). 5635(c) and the official guidance thereunder. View More
Eligibility. Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares and Performance Units may be granted to Employees so long as the following requirements are met: (a) The Employee was not previously an Employee or Director, or the Employee became is to become employed by the Company or any of its Parent Parents or Subsidiaries following a bona-fide bona fide period of non-employment or non-service; (within the meaning of the Inducement Listing Ru...le); and (b) The grant of the Award or Awards to the Employee was is an inducement material to the Employee's entering into employment with the Company (or any of its Parent Parents or Subsidiaries, as applicable) in accordance with the Inducement Listing Rule. Notwithstanding the foregoing, an Employee may be granted an Award in connection with a merger or acquisition to the extent permitted by Listing Rule 5635(c). View More
Eligibility. Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares and Performance Units may be granted to Employees so long as the following requirements are met: (a) The Employee was not previously an Employee or Director, or the Employee became is to become employed by the Company or any of its Parent or Subsidiaries following a bona-fide period of non-employment or non-service; (within the meaning of Listing Rule 5635(c)(4)); and (b) The grant... of the Award or Awards to the Employee was is an inducement material to the Employee's entering into employment with the Company (or any of its Parent or Subsidiaries, as applicable) in accordance with the Listing Rule. Notwithstanding the foregoing, an Employee may be granted an Award in connection with a an acquisition or merger or acquisition to the extent permitted by Listing Rule 5635(c). 5635(c)(3). View More
Eligibility. Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Stock Appreciation Rights, Performance Units, Performance Shares and Performance Units such other cash or stock awards as the Administrator determines may be granted to Employees so long as the following requirements are met: (a) The Employee was not previously an Employee or Director, or the Employee became is to become employed by the Company or any of its Parent or Subsidiaries following a bona-fi...de period of non-employment or non-service; and (b) The grant of the Award or Awards to the Employee was is an inducement material to the Employee's entering into employment with the Company (or any of its Parent or Subsidiaries, as applicable) in accordance with the Listing Rule. Notwithstanding the foregoing, an Employee may be granted an Award in connection with a an acquisition or merger or acquisition to the extent permitted by Listing Rule 5635(c). 5635(c)(3). View More