The Idaho Stock Option Agreement is a legal document that outlines the terms and conditions related to stock options granted by America Online, Inc. (AOL) to MapQuest. Com, Inc. This agreement serves to define the rights and obligations of both parties regarding the stock options in the state of Idaho. Under this agreement, AOL grants MapQuest. Com certain stock options, allowing them the opportunity to purchase a specified number of shares in AOL at a predetermined price, within a specified period of time. These options are typically offered as part of an incentive compensation package, enabling MapQuest. Com employees or other individuals associated with the company to participate in AOL's ownership. The Idaho Stock Option Agreement sets forth various key provisions, such as the exercise price, vesting schedule, expiration date, and any restrictions or conditions that may be applicable to the stock options. It also includes details about how the options may be exercised, transferred, or terminated. Different types of Idaho Stock Option Agreements between AOL and MapQuest. Com may exist, depending on factors like the types of stock options offered, the duration of the agreement, and any additional terms negotiated between the parties. Potential variations may include incentive stock options (SOS), non-qualified stock options (Nests), restricted stock units (RSS), or performance-based stock options. SOS are subject to specific tax advantages and are often granted to employees with certain limitations on exercise and holding periods. Nests, on the other hand, do not possess the same tax advantages, but offer greater flexibility in terms of exercise and transferability. RSS is alternative forms of equity compensation, where the recipient receives not actual stock options, but a promise to receive company stock at a specified future date, contingent upon fulfilling certain conditions. Performance-based stock options are tied to the achievement of predetermined performance goals or milestones. In summary, the Idaho Stock Option Agreement between AOL and MapQuest. Com serves as a legally binding contract that outlines the terms and conditions surrounding stock options granted by AOL to MapQuest. Com in the state of Idaho. Its purpose is to ensure clarity and accountability regarding the stock option program while defining the specific arrangements between the two companies.