Mississippi Stock Option Agreement between Shorewood Packaging Corp. and Jefferson Capital Group, Ltd

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-366B
• Format: Word; Rich Text

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) Mississippi Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd: A Comprehensive Overview Keywords: Mississippi, stock option agreement, Shore wood Packaging Corp., Jefferson Capital Group Ltd. Introduction: The Mississippi Stock Option Agreement entered into between Shore wood Packaging Corp. (referred to as "Shore wood") and Jefferson Capital Group, Ltd (referred to as "Jefferson Capital") represents a structured agreement providing Jefferson Capital with the option to purchase stocks issued by Shore wood Packaging Corp. This agreement outlines the terms and conditions upon which such stock options can be exercised. Types of Mississippi Stock Option Agreement: 1. Restricted Stock Option Agreement: In the Restricted Stock Option Agreement, Shore wood may offer Jefferson Capital the option to purchase a specific number of stocks at a predetermined price within a specified timeframe. These options may be subject to certain restrictions, such as vesting requirements, lock-up periods, or forfeiture provisions depending on the mutual agreement between the parties. 2. Incentive Stock Option Agreement: Alternatively, Shore wood may offer Jefferson Capital an Incentive Stock Option Agreement, which grants more favorable tax treatment to Jefferson Capital upon the exercise of the stock options. These agreements often adhere to specific criteria defined by the Internal Revenue Service (IRS), and the terms and conditions will be outlined within the agreement. Detailed Description of the Mississippi Stock Option Agreement: The Mississippi Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd typically includes the following key provisions: 1. Parties Involved: This section identifies the involved parties, namely Shore wood Packaging Corp. and Jefferson Capital Group, Ltd, outlining their official legal names and addresses. 2. Grant of Option: This provision specifies the number of shares or stocks to be offered to Jefferson Capital under the agreement. It also mentions the option exercise price, which is the predetermined price at which Jefferson Capital can buy the stocks. 3. Vesting Period: If applicable, the agreement defines the vesting period, which indicates the duration over which Jefferson Capital builds ownership rights or eligibility to exercise the stock options. Vesting can occur in stages or all at once, depending on the terms agreed upon by both parties. 4. Term of Agreement: This clause outlines the duration of the agreement, specifying the start and end dates during which the option can be exercised or other conditions that may trigger the agreement's termination. 5. Exercise of Option: The section elaborates on the process by which Jefferson Capital can exercise its stock options, such as the monetary consideration required for the purchase. 6. Conditions of Excitability: In some cases, the agreement may include conditions and restrictions upon which the options can be exercised. These conditions may involve the occurrence of specific events, financial milestones, or regulatory approvals. 7. Representations and Warranties: Both parties provide various representations and warranties in relation to their authority, legal capacity, and compliance with applicable laws while entering into the agreement. 8. Governing Law and Jurisdiction: The agreement is subject to the laws of the state of Mississippi, defining the jurisdiction in which any disputes arising from the agreement will be resolved. Disclaimer: This content is meant to provide a general overview of a Mississippi Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd. Specific agreement terms and conditions may vary, and it is advisable to consult legal professionals for accurate and up-to-date information.

Mississippi Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd: A Comprehensive Overview Keywords: Mississippi, stock option agreement, Shore wood Packaging Corp., Jefferson Capital Group Ltd. Introduction: The Mississippi Stock Option Agreement entered into between Shore wood Packaging Corp. (referred to as "Shore wood") and Jefferson Capital Group, Ltd (referred to as "Jefferson Capital") represents a structured agreement providing Jefferson Capital with the option to purchase stocks issued by Shore wood Packaging Corp. This agreement outlines the terms and conditions upon which such stock options can be exercised. Types of Mississippi Stock Option Agreement: 1. Restricted Stock Option Agreement: In the Restricted Stock Option Agreement, Shore wood may offer Jefferson Capital the option to purchase a specific number of stocks at a predetermined price within a specified timeframe. These options may be subject to certain restrictions, such as vesting requirements, lock-up periods, or forfeiture provisions depending on the mutual agreement between the parties. 2. Incentive Stock Option Agreement: Alternatively, Shore wood may offer Jefferson Capital an Incentive Stock Option Agreement, which grants more favorable tax treatment to Jefferson Capital upon the exercise of the stock options. These agreements often adhere to specific criteria defined by the Internal Revenue Service (IRS), and the terms and conditions will be outlined within the agreement. Detailed Description of the Mississippi Stock Option Agreement: The Mississippi Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd typically includes the following key provisions: 1. Parties Involved: This section identifies the involved parties, namely Shore wood Packaging Corp. and Jefferson Capital Group, Ltd, outlining their official legal names and addresses. 2. Grant of Option: This provision specifies the number of shares or stocks to be offered to Jefferson Capital under the agreement. It also mentions the option exercise price, which is the predetermined price at which Jefferson Capital can buy the stocks. 3. Vesting Period: If applicable, the agreement defines the vesting period, which indicates the duration over which Jefferson Capital builds ownership rights or eligibility to exercise the stock options. Vesting can occur in stages or all at once, depending on the terms agreed upon by both parties. 4. Term of Agreement: This clause outlines the duration of the agreement, specifying the start and end dates during which the option can be exercised or other conditions that may trigger the agreement's termination. 5. Exercise of Option: The section elaborates on the process by which Jefferson Capital can exercise its stock options, such as the monetary consideration required for the purchase. 6. Conditions of Excitability: In some cases, the agreement may include conditions and restrictions upon which the options can be exercised. These conditions may involve the occurrence of specific events, financial milestones, or regulatory approvals. 7. Representations and Warranties: Both parties provide various representations and warranties in relation to their authority, legal capacity, and compliance with applicable laws while entering into the agreement. 8. Governing Law and Jurisdiction: The agreement is subject to the laws of the state of Mississippi, defining the jurisdiction in which any disputes arising from the agreement will be resolved. Disclaimer: This content is meant to provide a general overview of a Mississippi Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd. Specific agreement terms and conditions may vary, and it is advisable to consult legal professionals for accurate and up-to-date information.