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Ohio Nonqualified Stock Option Agreement of Orion Network Systems, Inc.

State:
Multi-State
Control #:
US-CC-18-364B
Format:
Word; 
Rich Text
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18-364B 18-364B . . . 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 upon successful completion of a Notes offering and the refinancing of the corporation's obligations under a Credit Agreement

Ohio Nonqualified Stock Option Agreement of Orion Network Systems, Inc. is a legal document that outlines the terms and conditions of a nonqualified stock option plan offered by Orion Network Systems, Inc. The agreement governs the granting of stock options to employees or consultants of the company, providing them with an opportunity to purchase company stock at a predetermined price for a specified period. The Ohio Nonqualified Stock Option Agreement includes relevant provisions related to stock option grants, exercise price, vesting schedule, and other terms applicable to the options. This agreement is specific to Ohio, as it incorporates state-specific laws and regulations governing stock options. There are no different types of Ohio Nonqualified Stock Option Agreements specific to Orion Network Systems, Inc., as it generally refers to a single standardized document used by the company for all stock option grants under their nonqualified stock option plan. However, the agreement's terms may vary based on the recipient's position, employment status, and any specific negotiated terms. Keywords: Orion Network Systems, Inc., Ohio, Nonqualified Stock Option Agreement, stock option plan, employees, consultants, purchase, predetermined price, specified period, grants, exercise price, vesting schedule, terms, laws, regulations, standardized document, employment status, negotiated terms.

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Ohio Nonqualified Stock Option Agreement of Orion Network Systems, Inc.