Kentucky Stock Option Agreement of Full House Resorts, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-363D
• Format: Word; Rich Text

Description

18-363D 18-363D . . . Stock Option Agreement under which corporation grants to optionee a Non-qualified Option to acquire 50,000 shares of stock immediately and an additional 50,000 shares on each of the next four anniversaries of the date of grant. The options become fully exercisable upon a change of control and they expire 5 years from the date of grant or 90 days after the optionee ceases to be a director The Kentucky Stock Option Agreement of Full House Resorts, Inc. is a legal document that outlines the terms and conditions for stock options offered to employees or certain individuals associated with the company. This agreement allows individuals to purchase a specific number of shares of Full House Resorts, Inc. stock at a predetermined price, within a specified period. Keywords: Kentucky Stock Option Agreement, Full House Resorts, Inc., stock options, employees, purchase, shares, predetermined price, specified period. There may be different types of Kentucky Stock Option Agreements offered by Full House Resorts, Inc., based on varying terms and conditions. Some of these types may include: 1. Employee Stock Option Agreement: This agreement is specifically designed for employees of Full House Resorts, Inc. It allows them to purchase company stock at a predetermined price, encouraging employee retention and providing a potential incentive to contribute towards the company's growth. 2. Director Stock Option Agreement: This type of agreement is aimed at directors serving on the Board of Full House Resorts, Inc. It provides them with the opportunity to buy a certain number of shares at a fixed price, often as a way to align the interests of the directors with the company's shareholders. 3. Advisor/Consultant Stock Option Agreement: Full House Resorts, Inc. may also offer stock option agreements to advisors or consultants who provide specialized services to the company. These agreements typically outline the terms for purchasing company stock as compensation for their advisory or consultancy services. 4. Non-Employee Stock Option Agreement: This agreement caters to individuals associated with Full House Resorts, Inc., who are not its employees, directors, or advisors/consultants. It extends the opportunity for these individuals, such as investors or key stakeholders, to purchase company shares at a predetermined price. 5. Incentive Stock Option Agreement: Full House Resorts, Inc. may also offer incentive stock options as a form of compensation to key employees. These agreements typically include specific requirements and tax implications based on the Internal Revenue Service (IRS) regulations and can provide potential tax advantages for the employees upon exercising the options. Overall, the Kentucky Stock Option Agreement of Full House Resorts, Inc. provides a structured framework for individuals to purchase company stocks at specific prices, within predetermined periods. The agreement type may vary depending on the recipient, such as employees, directors, advisors/consultants, non-employees, or based on the specific purpose, such as incentivizing employees or compensating consultants.

The Kentucky Stock Option Agreement of Full House Resorts, Inc. is a legal document that outlines the terms and conditions for stock options offered to employees or certain individuals associated with the company. This agreement allows individuals to purchase a specific number of shares of Full House Resorts, Inc. stock at a predetermined price, within a specified period. Keywords: Kentucky Stock Option Agreement, Full House Resorts, Inc., stock options, employees, purchase, shares, predetermined price, specified period. There may be different types of Kentucky Stock Option Agreements offered by Full House Resorts, Inc., based on varying terms and conditions. Some of these types may include: 1. Employee Stock Option Agreement: This agreement is specifically designed for employees of Full House Resorts, Inc. It allows them to purchase company stock at a predetermined price, encouraging employee retention and providing a potential incentive to contribute towards the company's growth. 2. Director Stock Option Agreement: This type of agreement is aimed at directors serving on the Board of Full House Resorts, Inc. It provides them with the opportunity to buy a certain number of shares at a fixed price, often as a way to align the interests of the directors with the company's shareholders. 3. Advisor/Consultant Stock Option Agreement: Full House Resorts, Inc. may also offer stock option agreements to advisors or consultants who provide specialized services to the company. These agreements typically outline the terms for purchasing company stock as compensation for their advisory or consultancy services. 4. Non-Employee Stock Option Agreement: This agreement caters to individuals associated with Full House Resorts, Inc., who are not its employees, directors, or advisors/consultants. It extends the opportunity for these individuals, such as investors or key stakeholders, to purchase company shares at a predetermined price. 5. Incentive Stock Option Agreement: Full House Resorts, Inc. may also offer incentive stock options as a form of compensation to key employees. These agreements typically include specific requirements and tax implications based on the Internal Revenue Service (IRS) regulations and can provide potential tax advantages for the employees upon exercising the options. Overall, the Kentucky Stock Option Agreement of Full House Resorts, Inc. provides a structured framework for individuals to purchase company stocks at specific prices, within predetermined periods. The agreement type may vary depending on the recipient, such as employees, directors, advisors/consultants, non-employees, or based on the specific purpose, such as incentivizing employees or compensating consultants.