Tennessee Stock Option Agreement of Full House Resorts, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-363D
• Format: Word; Rich Text

Description

18-363D 18-363D . . . 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 on each of the next four anniversaries of the date of grant. The options become fully exercisable upon a change of control and they expire 5 years from the date of grant or 90 days after the optionee ceases to be a director The Tennessee Stock Option Agreement of Full House Resorts, Inc. is a legal document that outlines the terms and conditions of stock options granted to employees or other eligible individuals within the company. This agreement provides these individuals with the right to purchase a specific number of shares of Full House Resorts, Inc. stock at a predetermined price, within a specified timeframe. Keywords: Tennessee Stock Option Agreement, Full House Resorts, Inc., stock options, terms and conditions, employees, eligible individuals, purchase, shares, predetermined price, timeframe. Types of Tennessee Stock Option Agreements of Full House Resorts, Inc.: 1. Employee Stock Option Agreement: This type of agreement is specifically designed for employees of Full House Resorts, Inc. It outlines the terms and conditions of stock options granted to employees, including the number of shares, exercise price, vesting schedule, and expiration date. 2. Director Stock Option Agreement: This agreement is tailored for individuals serving as directors of Full House Resorts, Inc. It details the terms and conditions under which directors can purchase company stock through stock options, highlighting the number of shares, exercise price, vesting schedule, and expiration date. 3. Consultant Stock Option Agreement: Full House Resorts, Inc. may enter into stock option agreements with consultants or other external advisors. This type of agreement would specify the terms and conditions of the stock options granted, such as the number of shares, exercise price, vesting schedule, and expiration date, in exchange for the consultant's services. 4. Executive Stock Option Agreement: This agreement is specifically crafted for high-level executives within Full House Resorts, Inc. It stipulates the terms and conditions of stock options granted to executives, including the number of shares, exercise price, vesting schedule, and expiration date. Additionally, it may include additional provisions tailored to the executive's role and responsibilities. 5. Incentive Stock Option Agreement: Full House Resorts, Inc. may offer incentive stock options to employees or other eligible individuals. This type of agreement includes the terms and conditions for these stock options, such as eligibility requirements, exercise price, vesting schedule, and special tax considerations. 6. Non-Qualified Stock Option Agreement: This agreement pertains to stock options that do not meet the requirements of the Internal Revenue Code for favorable tax treatment. It outlines the terms and conditions of these non-qualified stock options, including the number of shares, exercise price, vesting schedule, and expiration date. In conclusion, the Tennessee Stock Option Agreement of Full House Resorts, Inc. grants eligible individuals the right to purchase a specified number of company shares within a predetermined timeframe at a predetermined price. Various types of agreements are tailored to employees, directors, consultants, executives, and may include incentive or non-qualified stock options.

The Tennessee Stock Option Agreement of Full House Resorts, Inc. is a legal document that outlines the terms and conditions of stock options granted to employees or other eligible individuals within the company. This agreement provides these individuals with the right to purchase a specific number of shares of Full House Resorts, Inc. stock at a predetermined price, within a specified timeframe. Keywords: Tennessee Stock Option Agreement, Full House Resorts, Inc., stock options, terms and conditions, employees, eligible individuals, purchase, shares, predetermined price, timeframe. Types of Tennessee Stock Option Agreements of Full House Resorts, Inc.: 1. Employee Stock Option Agreement: This type of agreement is specifically designed for employees of Full House Resorts, Inc. It outlines the terms and conditions of stock options granted to employees, including the number of shares, exercise price, vesting schedule, and expiration date. 2. Director Stock Option Agreement: This agreement is tailored for individuals serving as directors of Full House Resorts, Inc. It details the terms and conditions under which directors can purchase company stock through stock options, highlighting the number of shares, exercise price, vesting schedule, and expiration date. 3. Consultant Stock Option Agreement: Full House Resorts, Inc. may enter into stock option agreements with consultants or other external advisors. This type of agreement would specify the terms and conditions of the stock options granted, such as the number of shares, exercise price, vesting schedule, and expiration date, in exchange for the consultant's services. 4. Executive Stock Option Agreement: This agreement is specifically crafted for high-level executives within Full House Resorts, Inc. It stipulates the terms and conditions of stock options granted to executives, including the number of shares, exercise price, vesting schedule, and expiration date. Additionally, it may include additional provisions tailored to the executive's role and responsibilities. 5. Incentive Stock Option Agreement: Full House Resorts, Inc. may offer incentive stock options to employees or other eligible individuals. This type of agreement includes the terms and conditions for these stock options, such as eligibility requirements, exercise price, vesting schedule, and special tax considerations. 6. Non-Qualified Stock Option Agreement: This agreement pertains to stock options that do not meet the requirements of the Internal Revenue Code for favorable tax treatment. It outlines the terms and conditions of these non-qualified stock options, including the number of shares, exercise price, vesting schedule, and expiration date. In conclusion, the Tennessee Stock Option Agreement of Full House Resorts, Inc. grants eligible individuals the right to purchase a specified number of company shares within a predetermined timeframe at a predetermined price. Various types of agreements are tailored to employees, directors, consultants, executives, and may include incentive or non-qualified stock options.