Stock Options Contract Clauses (1,398)

Stock Options. The number of Stock Options granted will be determined using the Company's Black-Scholes valuation methodology as of the date of grant. Each Stock Option grant will (a) have a seven-year term, (b) vest ratably on a monthly basis and will become fully vested upon the earlier of (i) the 12-month anniversary of the grant date, or (ii) the date of the next year's annual meeting, and (c) have an exercise price equal to the fair market value of the Company's common stock (i.e., the closing price) on t...he date of grant. View More

Stock Options. Subject to the approval of the Company's Board of Directors or its Compensation Committee, which approval shall be solicited at the next regularly scheduled meeting of the Company's Board of Directors, and further subject to the Company's approved Stock Option Plan, you will be granted an option to purchase 505,600 shares of the Company's Common Stock (the "Option"). The exercise price per share of the Option will be the fair market value of the Company's Common Stock as of the date the Option i...s approved by the Board of Directors as determined by the Board of Directors. The Option will be subject to the terms and conditions applicable to options granted under the stock option plan in effect at the time of the grant and the applicable stock option agreement. You will vest in 25% of the Option shares after 12 months of continuous service from the Start Date, and the balance will vest in equal monthly installments over the next 36 months of continuous service, as described in the applicable stock option agreement. If within a Sale Event Window (as defined below), (a) the Company terminates your employment without Cause (as defined below), or (b) you terminate your employment for Good Reason, and in either case other than as a result of death or disability, and provided such termination constitutes a "separation from service" within the meaning of Treasury Regulation Section 1.409A-1(h), and subject to your signing the Separation Agreement (as defined below) and the Separation Agreement becoming effective within sixty (60) days of such termination, then 100% of the shares that are subject to vesting and are unvested as of the date of such termination will immediately become fully vested (the "Double-Trigger Acceleration"); any forfeiture or lapsing of such shares shall be delayed until the sixtieth (60th) day after the date of such termination and shall only occur if the Separation Agreement does not become effective on or before that sixtieth (60th) day. Subject to the approval of the Company's Board of Directors or its Compensation Committee, the Company may award additional equity grants to you in the future. View More

Stock Options. Subject to the approval of the Company's Board of Directors, you will be granted an option to purchase 2,715,000 shares (the "Option Shares") of the Company's Common Stock (the "Option"). The exercise price per share shall be equal to the fair market value per share on the date the Option is granted, as determined by the Company's Board of Directors. The Option will be subject to the terms and conditions applicable to options granted under the Company's 2016 Stock 1 Plan (the "Plan") and the app...licable Stock Option Agreement. You will vest in 1/48th of the Option Shares for each month of continuous service measured from December 17, 2019, as described in the applicable Stock Option Agreement. If your employment ends as a result of an Involuntary Termination more than three (3) months prior to a Change in Control, you will immediately vest in the number of Option Shares in which you would have vested had you provided twelve (12) additional months of continuous service. In addition, you will immediately vest with respect to any remaining unvested Option Shares, upon the effective date of a Change in Control if (a) you are providing services to the Company at such effective time or (b) your services with the Company ended as a result of an Involuntary Termination on or less than three (3) months prior to the effective date of such Change in Control. View More

Stock Options. The Company will recommend to the Company's Board of Directors (the "Board") that you be granted an option to purchase up to 325,000 shares of the Company's Common Stock. The grant of any option is subject to the Board's approval and the Company's promise to recommend such approval is not a promise of compensation and is not intended to create any obligation on the part of the Company. If approved, the exercise price per share will be equal to the price determined by the Board per share on the d...ate the option is granted. The option will be subject to the terms and conditions applicable to options granted under the Company's 2006 Equity Incentive Plan (as amended) (the "Plan"), as described in the Plan and the applicable Stock Option Agreement (as defined in the Plan). You will vest and become exercisable in twenty-five percent (25%) of the option shares after twelve (12) months of continuous service, and the balance will vest and become exercisable in equal monthly installments over the next thirty-six (36) months of continuous service, as described in the applicable Stock Option Agreement. View More

Stock Options. 5.1 General. 5.2 Incentive Stock Options. 5.3 Exercise Price. 5.4 Duration of Options. 5.5 Exercise of Option; Notification of Disposition. 5.6 Payment Upon Exercise. 5.7 Early Exercise of Options.

Stock Options. 6.2.Number. 6.3.Duration and Time for Exercise. 6.4.Repurchase. 6.5.Manner of Exercise. 6.6.Repricing. 6.8.Incentive Stock Options.

Stock Options. During the Term, you shall also be eligible for award(s) of stock options and/or restricted stock of the Company pursuant to the terms of the Company's equity incentive plan (which is yet to be established). The amount, frequency, and other details of such awards shall be determined by the Company's Board of Directors after good faith discussions with you. 2 7. Health Care Benefits. You may participate in the Company's health insurance plan, subject to the terms of such plan. However, nothing he...rein requires the Company to keep a health insurance plan or arrangement in place, or continue any health insurance plan or arrangement, and the Company may modify, amend or terminate such plan or program at any time in its sole discretion. View More

Stock Options. (a) Initial Grant. In connection with the commencement of your employment, subject to standard Board approval, the Company will grant you an option (the "Option") to purchase 100,000 shares of the Company's Common Stock (the "Shares") at an exercise price equal to the fair market value of the common stock on the date of grant, as determined in accordance with the terms of the Company's 2010 Equity Incentive Plan (the "Plan"). (b) Vesting. The Option will vest over four (4) years, with twenty-fiv...e percent (25%) of the Shares vesting on the first anniversary of the date of grant and 1/48th of the Shares vesting monthly thereafter on the monthly anniversary of the date of grant provided that you remain employed by the Company through each vesting installment date. (c) Other Terms. These Options will be subject to the terms of the Plan, a related stock option agreement, and a notice of stock grant that must be acknowledged as received by you. View More

Stock Options. Your three existing options to purchase up to an aggregate 162,202 shares of the Company's common stock (the "Existing Options") granted to you in accordance with the Consulting Services Agreement between the Company and Ignition Insights, LLC, dated February 23, 2018, as amended, shall, to the extent unvested, continue to vest so long as you remained employed by the Company, pursuant and subject to the Company's 2015 Stock Incentive Plan (the "Plan") and the applicable stock option agreements g...overning the Existing Options (along with the Plan the "Existing Options Documents"). In addition to the Existing Options, you will be eligible to participate in the Company's stock option program, subject to approval by the Board. We will recommend to the Board that you be granted an option as soon as practicable on or following the Start Date (the actual grant date, the "Grant Date") for the purchase of 425,000 shares of common stock of the Company, at an exercise price per share equal to the stock's fair market value on the date of the grant (the "Option"). The Option will vest over four (4) years with 25% of the shares vesting on the first anniversary of the Start Date and the remaining 75% of the shares vesting in equal monthly installments for the following thirty-six (36) months, subject to your continuing engagement with the Company on each such vesting date. The stock option will be granted pursuant to the inducement grant exception under NASDAQ Rule 5635(c)(4) (and not pursuant to the Plan or any other equity incentive plan of the Company) as an inducement that is material to your entering into employment with the Company. The stock option grant shall also be subject to such other terms and conditions of any associated stock option agreement required to be entered into by you and the Company (along with the Existing Options Documents, the "Equity Documents"). Subject to approval by the Board, you may from time to time be granted additional equity-based compensation awards in respect of shares of common stock of the Company, pursuant to the Plan or any subsequently adopted incentive compensation plan. View More