Rhode Island Stock Option Agreement of VIA Internet, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-EG-9427
• Format: Word; Rich Text

Description

Incentive Stock Option Agreement between VIA Internet, Inc. and _______ (Optionee) dated 00/98. 12 pages. The Rhode Island Stock Option Agreement of VIA Internet, Inc. is a legal document that outlines the terms and conditions surrounding the granting of stock options to employees or individuals associated with VIA Internet, Inc. in Rhode Island. This agreement is specifically designed to govern the allocation, exercise, and potential sale of stock options. The agreement typically includes the following key elements: 1. Parties Involved: The agreement identifies the "Granter" (VIA Internet, Inc.) and the "Grantee" (employee or individual receiving the stock options). 2. Grant of Stock Options: This section specifies the number of stock options granted to the Grantee and the type of stock being offered (e.g., common stock, preferred stock). 3. Exercise Price: The agreement outlines the exercise price per share at which the Grantee can purchase the stock options, usually set at fair market value as determined by VIA Internet, Inc. 4. Vesting Schedule: This section describes the vesting period during which the stock options become exercisable. It typically includes the specific dates or milestones upon which the options become available for exercise. 5. Exercise Period: The agreement defines the exercise period within which the Grantee can exercise their stock options. This can be a specific timeframe or specified dates. 6. Termination: This section specifies the various scenarios under which the stock options may be terminated, such as the Grantee's termination of employment or breach of contract. 7. Restrictive Covenants: Depending on the agreement, it may include non-compete or non-disclosure clauses to protect VIA Internet, Inc.'s proprietary information and restrict the Grantee from engaging in similar business activities during or after their association with the company. 8. Governing Law: This section establishes that the agreement will be interpreted and enforced according to Rhode Island state laws. Different types of Rhode Island Stock Option Agreement of VIA Internet, Inc. may include variations based on the specific terms and conditions offered to different individuals or groups within the company. For example, there might be separate agreements for executives, employees at various levels, consultants, or advisors, each with different stock option grants, vesting schedules, and terms. Keywords: Rhode Island, Stock Option Agreement, VIA Internet, Inc., legal document, terms and conditions, stock options, granter, grantee, exercise price, vesting schedule, exercise period, termination, restrictive covenants, governing law.

The Rhode Island Stock Option Agreement of VIA Internet, Inc. is a legal document that outlines the terms and conditions surrounding the granting of stock options to employees or individuals associated with VIA Internet, Inc. in Rhode Island. This agreement is specifically designed to govern the allocation, exercise, and potential sale of stock options. The agreement typically includes the following key elements: 1. Parties Involved: The agreement identifies the "Granter" (VIA Internet, Inc.) and the "Grantee" (employee or individual receiving the stock options). 2. Grant of Stock Options: This section specifies the number of stock options granted to the Grantee and the type of stock being offered (e.g., common stock, preferred stock). 3. Exercise Price: The agreement outlines the exercise price per share at which the Grantee can purchase the stock options, usually set at fair market value as determined by VIA Internet, Inc. 4. Vesting Schedule: This section describes the vesting period during which the stock options become exercisable. It typically includes the specific dates or milestones upon which the options become available for exercise. 5. Exercise Period: The agreement defines the exercise period within which the Grantee can exercise their stock options. This can be a specific timeframe or specified dates. 6. Termination: This section specifies the various scenarios under which the stock options may be terminated, such as the Grantee's termination of employment or breach of contract. 7. Restrictive Covenants: Depending on the agreement, it may include non-compete or non-disclosure clauses to protect VIA Internet, Inc.'s proprietary information and restrict the Grantee from engaging in similar business activities during or after their association with the company. 8. Governing Law: This section establishes that the agreement will be interpreted and enforced according to Rhode Island state laws. Different types of Rhode Island Stock Option Agreement of VIA Internet, Inc. may include variations based on the specific terms and conditions offered to different individuals or groups within the company. For example, there might be separate agreements for executives, employees at various levels, consultants, or advisors, each with different stock option grants, vesting schedules, and terms. Keywords: Rhode Island, Stock Option Agreement, VIA Internet, Inc., legal document, terms and conditions, stock options, granter, grantee, exercise price, vesting schedule, exercise period, termination, restrictive covenants, governing law.