Stock-Option Agreement between America Online, Inc. and Mapquest.Com, Inc. dated December 21, 1999. 14 pages
Connecticut Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. A Connecticut Stock Option Agreement is a legally binding contract between America Online, Inc. (AOL) and MapQuest. Com, Inc. It outlines the terms and conditions under which stock options are granted to MapQuest. Com, Inc. employees by America Online, Inc. in the state of Connecticut. This agreement is relevant for companies operating within Connecticut, specifically in the case of America Online, Inc. and MapQuest. Com, Inc. By granting stock options, America Online, Inc. enables MapQuest. Com, Inc. employees to purchase company stock at a predetermined price within a specified time frame. The Connecticut Stock Option Agreement encompasses various details and relevant keywords associated with stock options. These may include: 1. Grant Date: The specific date on which the stock options are granted to the employee. 2. Exercise Price: The predetermined price at which MapQuest. Com, Inc. employees can purchase the company stock. 3. Vesting Schedule: The timeline, often in years, during which the stock options become exercisable in installments or all at once. 4. Expiration Date: The last day by which employees must exercise their stock options before they expire. 5. Clauses and Terms: Additional provisions and terms that govern the stock option agreement, such as restrictions on transferability, rights upon a change in control, and post-employment exercise periods. 6. Tax Implications: Explanation of the tax consequences related to the stock options, including federal and state tax laws applicable in Connecticut. 7. Restricted Stock Units (RSS): If applicable, the agreement may also outline the terms for RSS granted instead of traditional stock options. It is important to note that there may be different types of Connecticut Stock Option Agreements between America Online, Inc. and MapQuest. Com, Inc., depending on the specific terms and conditions negotiated by both parties. These variations could include differing vesting schedules, exercise prices, and other provisions tailored to the needs of the respective companies. In conclusion, a Connecticut Stock Option Agreement is a critical contract enabling employees of MapQuest. Com, Inc. to exercise stock options granted by America Online, Inc. These agreements are designed to align the interests of both companies and their employees, providing incentives for long-term commitment and performance.
Connecticut Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. A Connecticut Stock Option Agreement is a legally binding contract between America Online, Inc. (AOL) and MapQuest. Com, Inc. It outlines the terms and conditions under which stock options are granted to MapQuest. Com, Inc. employees by America Online, Inc. in the state of Connecticut. This agreement is relevant for companies operating within Connecticut, specifically in the case of America Online, Inc. and MapQuest. Com, Inc. By granting stock options, America Online, Inc. enables MapQuest. Com, Inc. employees to purchase company stock at a predetermined price within a specified time frame. The Connecticut Stock Option Agreement encompasses various details and relevant keywords associated with stock options. These may include: 1. Grant Date: The specific date on which the stock options are granted to the employee. 2. Exercise Price: The predetermined price at which MapQuest. Com, Inc. employees can purchase the company stock. 3. Vesting Schedule: The timeline, often in years, during which the stock options become exercisable in installments or all at once. 4. Expiration Date: The last day by which employees must exercise their stock options before they expire. 5. Clauses and Terms: Additional provisions and terms that govern the stock option agreement, such as restrictions on transferability, rights upon a change in control, and post-employment exercise periods. 6. Tax Implications: Explanation of the tax consequences related to the stock options, including federal and state tax laws applicable in Connecticut. 7. Restricted Stock Units (RSS): If applicable, the agreement may also outline the terms for RSS granted instead of traditional stock options. It is important to note that there may be different types of Connecticut Stock Option Agreements between America Online, Inc. and MapQuest. Com, Inc., depending on the specific terms and conditions negotiated by both parties. These variations could include differing vesting schedules, exercise prices, and other provisions tailored to the needs of the respective companies. In conclusion, a Connecticut Stock Option Agreement is a critical contract enabling employees of MapQuest. Com, Inc. to exercise stock options granted by America Online, Inc. These agreements are designed to align the interests of both companies and their employees, providing incentives for long-term commitment and performance.