Georgia Stock Option Agreement between America Online, Inc. and Mapquest.Com, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-EG-9052
• Format: Word; Rich Text

Description

Stock-Option Agreement between America Online, Inc. and Mapquest.Com, Inc. dated December 21, 1999. 14 pages A Georgia Stock Option Agreement is a legal contract entered into between America Online, Inc. (AOL) and MapQuest. Com, Inc. (MapQuest) which governs the stock options granted to employees or participants in the companies. This agreement outlines the terms and conditions under which individuals can exercise their stock options, allowing them to purchase a specified number of shares in the respective company at a predetermined price. The Georgia Stock Option Agreement typically contains various clauses and provisions related to the grant and exercise of stock options. It defines the vesting schedule, which details the timeline and conditions upon which the stock options become exercisable by the participants. The agreement also specifies the exercise price or strike price, which is the predetermined price at which the participants can buy the company's stock. Additionally, it outlines any restrictions on the transferability of the stock options and the rights and obligations of the parties involved. There may be multiple types of Georgia Stock Option Agreements between AOL and MapQuest, depending on factors such as the role of the employee, level of seniority, or specific terms negotiated. Some common types of stock option agreements include: 1. Incentive Stock Option (ISO) Agreement: This type of agreement grants employees the right to purchase company stock at a favorable tax rate. SOS are subject to specific tax regulations under the Internal Revenue Code. 2. Non-Qualified Stock Option (NO) Agreement: Nests provide employees with the right to buy company stock at a predetermined price without the same tax advantages as SOS. 3. Restricted Stock Unit (RSU) Agreement: RSS represent a promise to deliver company stock at a future date, subject to certain vesting conditions. This agreement outlines the terms of the grant and the conditions the employee must meet to receive the shares. 4. Stock Appreciation Rights (SAR) Agreement: SARS grant employees the right to receive the increase in the company's stock price in cash or stock, without actually purchasing any shares. This agreement outlines the terms of the SAR grant, including vesting and exercise conditions. In summary, a Georgia Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. governs the terms and conditions surrounding the granting and exercising of stock options. Different types of stock option agreements, such as SOS, Nests, RSS, and SARS, may be utilized based on the specific circumstances and objectives of the companies and employees involved.

A Georgia Stock Option Agreement is a legal contract entered into between America Online, Inc. (AOL) and MapQuest. Com, Inc. (MapQuest) which governs the stock options granted to employees or participants in the companies. This agreement outlines the terms and conditions under which individuals can exercise their stock options, allowing them to purchase a specified number of shares in the respective company at a predetermined price. The Georgia Stock Option Agreement typically contains various clauses and provisions related to the grant and exercise of stock options. It defines the vesting schedule, which details the timeline and conditions upon which the stock options become exercisable by the participants. The agreement also specifies the exercise price or strike price, which is the predetermined price at which the participants can buy the company's stock. Additionally, it outlines any restrictions on the transferability of the stock options and the rights and obligations of the parties involved. There may be multiple types of Georgia Stock Option Agreements between AOL and MapQuest, depending on factors such as the role of the employee, level of seniority, or specific terms negotiated. Some common types of stock option agreements include: 1. Incentive Stock Option (ISO) Agreement: This type of agreement grants employees the right to purchase company stock at a favorable tax rate. SOS are subject to specific tax regulations under the Internal Revenue Code. 2. Non-Qualified Stock Option (NO) Agreement: Nests provide employees with the right to buy company stock at a predetermined price without the same tax advantages as SOS. 3. Restricted Stock Unit (RSU) Agreement: RSS represent a promise to deliver company stock at a future date, subject to certain vesting conditions. This agreement outlines the terms of the grant and the conditions the employee must meet to receive the shares. 4. Stock Appreciation Rights (SAR) Agreement: SARS grant employees the right to receive the increase in the company's stock price in cash or stock, without actually purchasing any shares. This agreement outlines the terms of the SAR grant, including vesting and exercise conditions. In summary, a Georgia Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. governs the terms and conditions surrounding the granting and exercising of stock options. Different types of stock option agreements, such as SOS, Nests, RSS, and SARS, may be utilized based on the specific circumstances and objectives of the companies and employees involved.