Ohio 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) The Ohio Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd is a legally binding document that outlines the terms and conditions of stock options granted by Shore wood Packaging Corp. to Jefferson Capital Group, Ltd. This agreement allows Jefferson Capital Group, Ltd to purchase a specified number of shares of Shore wood Packaging Corp. at a predetermined price within a defined period. The Ohio Stock Option Agreement is significant in facilitating the purchase of shares, as it provides a framework within which the stock options can be exercised. It ensures transparency, fairness, and compliance with the applicable laws and regulations of the state of Ohio. Under this agreement, Shore wood Packaging Corp. grants Jefferson Capital Group, Ltd the right, but not the obligation, to acquire a specific number of shares in the future at a predetermined price, known as the exercise price. This option can typically be exercised after a specified vesting period, during which the stock options gradually become available for exercise. There may be different types of Ohio Stock Option Agreements between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd, including: 1. Incentive Stock Option (ISO) Agreement: This type of agreement provides tax advantages to the option holder, usually an employee of the company. The agreement must comply with the requirements outlined in the Internal Revenue Code Section 422. 2. Non-Qualified Stock Option (NO) Agreement: Unlike SOS, these stock options do not meet the criteria set forth by the Internal Revenue Code. Nests are often offered to consultants, advisors, or non-employee directors. 3. Restricted Stock Unit (RSU) Agreement: In some cases, the agreement may involve the grant of restricted stock units instead of traditional stock options. RSS represents a promise to deliver shares of stock at a later date upon the fulfillment of specific conditions, such as the passage of time or the achievement of performance goals. Regardless of the type, the Ohio Stock Option Agreement serves as a critical tool for fostering a mutually beneficial relationship between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd. It allows Jefferson Capital Group, Ltd to align its financial interests with the performance and success of Shore wood Packaging Corp., while providing Shore wood Packaging Corp. with an effective means of attracting and retaining talented individuals or entities such as investment firms.

The Ohio Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd is a legally binding document that outlines the terms and conditions of stock options granted by Shore wood Packaging Corp. to Jefferson Capital Group, Ltd. This agreement allows Jefferson Capital Group, Ltd to purchase a specified number of shares of Shore wood Packaging Corp. at a predetermined price within a defined period. The Ohio Stock Option Agreement is significant in facilitating the purchase of shares, as it provides a framework within which the stock options can be exercised. It ensures transparency, fairness, and compliance with the applicable laws and regulations of the state of Ohio. Under this agreement, Shore wood Packaging Corp. grants Jefferson Capital Group, Ltd the right, but not the obligation, to acquire a specific number of shares in the future at a predetermined price, known as the exercise price. This option can typically be exercised after a specified vesting period, during which the stock options gradually become available for exercise. There may be different types of Ohio Stock Option Agreements between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd, including: 1. Incentive Stock Option (ISO) Agreement: This type of agreement provides tax advantages to the option holder, usually an employee of the company. The agreement must comply with the requirements outlined in the Internal Revenue Code Section 422. 2. Non-Qualified Stock Option (NO) Agreement: Unlike SOS, these stock options do not meet the criteria set forth by the Internal Revenue Code. Nests are often offered to consultants, advisors, or non-employee directors. 3. Restricted Stock Unit (RSU) Agreement: In some cases, the agreement may involve the grant of restricted stock units instead of traditional stock options. RSS represents a promise to deliver shares of stock at a later date upon the fulfillment of specific conditions, such as the passage of time or the achievement of performance goals. Regardless of the type, the Ohio Stock Option Agreement serves as a critical tool for fostering a mutually beneficial relationship between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd. It allows Jefferson Capital Group, Ltd to align its financial interests with the performance and success of Shore wood Packaging Corp., while providing Shore wood Packaging Corp. with an effective means of attracting and retaining talented individuals or entities such as investment firms.