MSFG » Topics » Eligibility

These excerpts taken from the MSFG 10-K filed Mar 17, 2008.

Eligibility

 

Section 5.1  In General.  Except as otherwise provided herein, Stock Awards may be granted to any employee, director or officer of the Company or any Affiliate, or to any consultant or advisor to the Company provided that if such consultant or advisor is employed by or providing services to the Company

 

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or a Affiliate at the time of the grant). Notwithstanding the foregoing, but otherwise subject to Code Section 422, only employees of the Company or an Affiliate may be granted ISOs.

 

Section 5.2  Acquired Employees.  To the extent not otherwise precluded in the Plan or in any other agreement, Stock Awards may be granted under this Plan in substitution for awards held by employees of an organization or business acquired, in any manner, by the Company or an Affiliate. The terms, provisions and benefits of any substitute Stock Awards will be determined by the Board.

 

Eligibility



 



Section 5.1  In General. 
Except as otherwise provided herein, Stock
Awards may be granted to any employee, director or officer of the Company or
any Affiliate, or to any consultant or advisor to the Company provided that if
such consultant or advisor is employed by or providing services to the Company



 



5
















 



or a Affiliate at the time of the grant).
Notwithstanding the foregoing, but otherwise subject to Code Section 422,
only employees of the Company or an Affiliate may be granted ISOs.



 



Section 5.2  Acquired Employees.  To the extent not
otherwise precluded in the Plan or in any other agreement, Stock Awards may be
granted under this Plan in substitution for awards held by employees of an
organization or business acquired, in any manner, by the Company or an
Affiliate. The terms, provisions and benefits of any substitute Stock Awards
will be determined by the Board.



 



This excerpt taken from the MSFG DEF 14A filed Mar 26, 2007.

Eligibility

Section 5.1   In General.   Except as otherwise provided herein, Stock Awards may be granted to any employee, director or officer of the Company or any Affiliate, or to any consultant or advisor to the Company provided that if such consultant or advisor is employed by or providing services to the Company

A-5




or a Affiliate at the time of the grant). Notwithstanding the foregoing, but otherwise subject to Code Section 422, only employees of the Company or an Affiliate may be granted ISOs.

Section 5.2   Acquired Employees.   To the extent not otherwise precluded in the Plan or in any other agreement, Stock Awards may be granted under this Plan in substitution for awards held by employees of an organization or business acquired, in any manner, by the Company or an Affiliate. The terms, provisions and benefits of any substitute Stock Awards will be determined by the Board.

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