Stock-Option Agreement between America Online, Inc. and Mapquest.Com, Inc. dated December 21, 1999. 14 pages
California Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. A California Stock Option Agreement is a formal contractual arrangement between America Online, Inc. (AOL) and MapQuest. Com, Inc. (MapQuest), pertaining to the issuance and allocation of stock options. This agreement outlines the terms and conditions associated with stock option grants, including the rights, obligations, and responsibilities of both parties. Keywords: California Stock Option Agreement, America Online, Inc., MapQuest. Com, Inc., stock options, contractual arrangement, terms, conditions, rights, obligations, responsibilities. There are different types of California Stock Option Agreements that may be entered into between America Online, Inc. and MapQuest. Com, Inc. They include: 1. Incentive Stock Option Agreement: This type of agreement grants employees of MapQuest the right to purchase company stocks at a predetermined price, known as the exercise price or strike price. Incentive stock options (SOS) are usually granted to key employees as a form of compensation and are subject to certain tax advantages. 2. Non-Qualified Stock Option Agreement: Non-qualified stock options (Nests) provide employees with the opportunity to purchase company stocks at a predetermined price, but they do not have the same tax advantages as SOS. Nests are commonly issued to consultants, directors, and non-executive employees. 3. Restricted Stock Unit Agreement: In addition to stock options, this type of agreement offers employees the right to receive company stocks at a future date, subject to certain conditions and restrictions. Typically, restricted stock units (RSS) are granted as a form of incentive or reward, and the actual delivery of the stock occurs upon the fulfillment of specific vesting requirements. 4. Stock Appreciation Rights Agreement: Stock Appreciation Rights (SARS) provide employees with a cash or stock bonus equal to the appreciation in the company's stock price over a specific period. This agreement grants employees the right to receive the appreciation value, without actually purchasing the underlying stock. It is important to note that the specific terms and provisions within each type of California Stock Option Agreement may vary depending on the individual agreements entered into between America Online, Inc. and MapQuest. Com, Inc.
California Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. A California Stock Option Agreement is a formal contractual arrangement between America Online, Inc. (AOL) and MapQuest. Com, Inc. (MapQuest), pertaining to the issuance and allocation of stock options. This agreement outlines the terms and conditions associated with stock option grants, including the rights, obligations, and responsibilities of both parties. Keywords: California Stock Option Agreement, America Online, Inc., MapQuest. Com, Inc., stock options, contractual arrangement, terms, conditions, rights, obligations, responsibilities. There are different types of California Stock Option Agreements that may be entered into between America Online, Inc. and MapQuest. Com, Inc. They include: 1. Incentive Stock Option Agreement: This type of agreement grants employees of MapQuest the right to purchase company stocks at a predetermined price, known as the exercise price or strike price. Incentive stock options (SOS) are usually granted to key employees as a form of compensation and are subject to certain tax advantages. 2. Non-Qualified Stock Option Agreement: Non-qualified stock options (Nests) provide employees with the opportunity to purchase company stocks at a predetermined price, but they do not have the same tax advantages as SOS. Nests are commonly issued to consultants, directors, and non-executive employees. 3. Restricted Stock Unit Agreement: In addition to stock options, this type of agreement offers employees the right to receive company stocks at a future date, subject to certain conditions and restrictions. Typically, restricted stock units (RSS) are granted as a form of incentive or reward, and the actual delivery of the stock occurs upon the fulfillment of specific vesting requirements. 4. Stock Appreciation Rights Agreement: Stock Appreciation Rights (SARS) provide employees with a cash or stock bonus equal to the appreciation in the company's stock price over a specific period. This agreement grants employees the right to receive the appreciation value, without actually purchasing the underlying stock. It is important to note that the specific terms and provisions within each type of California Stock Option Agreement may vary depending on the individual agreements entered into between America Online, Inc. and MapQuest. Com, Inc.