help me explain the stock plan?

内容as follows:
Incentive Stock Option Plan:
As an employee of ####, you are eligible to participate in our Stock Option Plan. These options have a ten-year life and vest mothly over a forty-eight month period with a ttwevle -month cliff.

Please tell me what's means. Thanks a million.

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回复:help me explain the stock plan? -wxc1031b- 给 wxc1031b 发送悄悄话 wxc1031b 的博客首页 (324 bytes) () 06/08/2007 postreply 11:08:06

Thank you so much! -missaustin- 给 missaustin 发送悄悄话 (0 bytes) () 06/08/2007 postreply 12:54:48

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