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District of Columbia Stock Option Agreement between Shorewood Packaging Corp. and Jefferson Capital Group, Ltd

State:
Multi-State
Control #:
US-CC-18-366B
Format:
Word; 
Rich Text
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Description

18-366B 18-366B . . . Stock Option Agreement under which corporation grants Non-qualified Option to investment banking firm to purchase 25,000 shares of stock. The Stock Option Agreement gives Optionee certain rights to cause option shares to be registered in conjunction with other public offerings by corporation of its securities (i.e., "piggy-back" registration rights)

The District of Columbia Stock Option Agreement, also known as the D.C. Stock Option Agreement, is a legal document that outlines the terms and conditions regarding stock options granted by Shore wood Packaging Corp. to Jefferson Capital Group, Ltd, a company based in the District of Columbia. This agreement allows Jefferson Capital Group to purchase a certain number of shares of Shore wood Packaging Corp.'s stock at a predetermined price within a specified timeframe. The primary purpose of this agreement is to establish a mutually beneficial relationship between Shore wood Packaging Corp. and Jefferson Capital Group. It provides Jefferson Capital Group with an opportunity to acquire an ownership stake in Shore wood Packaging Corp., while Shore wood Packaging Corp. benefits from the additional capital and potential long-term commitment from Jefferson Capital Group. The District of Columbia Stock Option Agreement typically includes important details such as the number of stock options granted, the exercise price per share, the vesting schedule, and the expiration date of the options. It may also contain provisions related to rights and restrictions associated with the stock options, including transferability, exercise methods, and the impact of certain events such as mergers or acquisitions. Different types of District of Columbia Stock Option Agreements may exist based on the specific terms agreed upon by Shore wood Packaging Corp. and Jefferson Capital Group. For instance, there could be variations in the duration of the agreement, the vesting period, or the number of shares subject to the stock options. Customized agreements may also incorporate additional clauses or conditions that cater to the unique needs and preferences of both parties. In summary, the District of Columbia Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd is a legal contract that outlines the terms and conditions surrounding stock options granted by Shore wood Packaging Corp. to Jefferson Capital Group. It serves as a framework for their partnership, enabling Jefferson Capital Group to purchase shares in Shore wood Packaging Corp. and providing both parties with the opportunity for mutual growth and success.

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District of Columbia Stock Option Agreement between Shorewood Packaging Corp. and Jefferson Capital Group, Ltd