North Carolina 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 North Carolina Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. In the bustling world of corporate agreements, the North Carolina Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. stands as a significant document that outlines the terms and conditions surrounding stock options. This agreement represents a mutually beneficial relationship between the two prominent companies, ensuring the smooth operation of stock options within the boundaries of North Carolina's legal framework. The North Carolina Stock Option Agreement serves as a legally binding contract that governs the granting and exercise of stock options from America Online, Inc. to MapQuest. Com, Inc. The agreement outlines the details of the stock options, such as the number of options granted, the exercise price, and vesting schedule, all of which are pivotal elements in this financial arrangement. One type of North Carolina Stock Option Agreement often encountered is the Non-Qualified Stock Option (NO) Agreement. Nests provide employees with the opportunity to purchase company stock at a specific price, commonly referred to as the exercise price or strike price, which is predetermined at the time of grant. These options are typically subject to certain restrictions and may have tax implications for the recipients. Another type of stock option agreement that may exist between America Online, Inc. and MapQuest. Com, Inc. is the Incentive Stock Option (ISO) Agreement. ISO agreements are designed to offer specific tax advantages to employees, as they are granted at a price equal to or higher than the current market value. Employees who exercise SOS may enjoy favorable tax treatment if certain requirements are met, making this type of agreement highly desirable for individuals. It is imperative for both America Online, Inc. and MapQuest. Com, Inc. to carefully negotiate and detail the terms of the North Carolina Stock Option Agreement to safeguard their interests. The agreement may cover essential provisions such as termination clauses, restrictions on transferability, and obligations concerning confidentiality and non-compete agreements. Overall, the North Carolina Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. represents a strategic financial arrangement, allowing MapQuest. Com, Inc. employees to benefit from stock options granted by America Online, Inc. The agreement ensures transparency, compliance with applicable laws, and a solid foundation for a mutually beneficial relationship between these two prominent companies in the ever-evolving technological landscape.

North Carolina Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. In the bustling world of corporate agreements, the North Carolina Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. stands as a significant document that outlines the terms and conditions surrounding stock options. This agreement represents a mutually beneficial relationship between the two prominent companies, ensuring the smooth operation of stock options within the boundaries of North Carolina's legal framework. The North Carolina Stock Option Agreement serves as a legally binding contract that governs the granting and exercise of stock options from America Online, Inc. to MapQuest. Com, Inc. The agreement outlines the details of the stock options, such as the number of options granted, the exercise price, and vesting schedule, all of which are pivotal elements in this financial arrangement. One type of North Carolina Stock Option Agreement often encountered is the Non-Qualified Stock Option (NO) Agreement. Nests provide employees with the opportunity to purchase company stock at a specific price, commonly referred to as the exercise price or strike price, which is predetermined at the time of grant. These options are typically subject to certain restrictions and may have tax implications for the recipients. Another type of stock option agreement that may exist between America Online, Inc. and MapQuest. Com, Inc. is the Incentive Stock Option (ISO) Agreement. ISO agreements are designed to offer specific tax advantages to employees, as they are granted at a price equal to or higher than the current market value. Employees who exercise SOS may enjoy favorable tax treatment if certain requirements are met, making this type of agreement highly desirable for individuals. It is imperative for both America Online, Inc. and MapQuest. Com, Inc. to carefully negotiate and detail the terms of the North Carolina Stock Option Agreement to safeguard their interests. The agreement may cover essential provisions such as termination clauses, restrictions on transferability, and obligations concerning confidentiality and non-compete agreements. Overall, the North Carolina Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. represents a strategic financial arrangement, allowing MapQuest. Com, Inc. employees to benefit from stock options granted by America Online, Inc. The agreement ensures transparency, compliance with applicable laws, and a solid foundation for a mutually beneficial relationship between these two prominent companies in the ever-evolving technological landscape.