Colorado Stock Option Agreement of Charge. Com, Inc. is a legally binding document that outlines the terms and conditions under which employees or contractors of Charge. Com, Inc. may be granted stock options in the company. This agreement is specific to the state of Colorado and ensures that all parties involved understand their rights and obligations regarding the stock options. The Colorado Stock Option Agreement of Charge. Com, Inc. includes several key provisions that are crucial to the understanding and execution of the stock options. These provisions cover the grant of the options, exercise price, vesting schedule, expiration date, and any restrictions or limitations that may be imposed on the options. The agreement also specifies the governing law and venue for any disputes that may arise. There are different types of Colorado Stock Option Agreement that Charge. Com, Inc. may offer to its employees or contractors. These may include: 1. Standard Stock Option Agreement: This agreement grants the employees or contractors the right to purchase a specific number of company shares at a predetermined price and within a specified timeframe. 2. Incentive Stock Option (ISO) Agreement: This agreement provides certain tax advantages to the employees, as the gains from exercising the options may be eligible for favorable tax treatment. To qualify as an ISO, the agreement must meet specific requirements set by the Internal Revenue Service (IRS). 3. Non-Qualified Stock Option (NO) Agreement: Unlike SOS, Nests do not meet the IRS requirements for favorable tax treatment. However, they offer more flexibility in terms of exercise price and share holding period. 4. Restricted Stock Unit (RSU) Agreement: RSS are an alternative to stock options, where the employees or contractors are granted units that convert into stock shares upon meeting certain vesting conditions. The Colorado Stock Option Agreement may also include provisions for RSS, if applicable. It is important for employees or contractors to carefully review and understand the Colorado Stock Option Agreement of Charge. Com, Inc. before accepting any stock options. Consulting with a legal professional may be beneficial to ensure full comprehension of their rights and obligations as well as any potential tax implications.