The Washington Stock Option Agreement is a legal contract between America Online, Inc. (AOL) and MapQuest. Com, Inc. that outlines the terms and conditions for granting stock options. This agreement is specifically tailored to comply with the laws and regulations of the state of Washington. Under this agreement, AOL grants stock options to employees or certain individuals associated with MapQuest. Com, Inc. These stock options give the optioned the right to purchase a specified number of shares of AOL's common stock at a predetermined price within a defined period of time. The agreement provides detailed information regarding the terms of the stock options, including the grant date, exercise price, vesting schedule, and expiration date. It also outlines the conditions under which the options may be exercised, such as employment status, termination provisions, and change of control scenarios. By offering this stock option agreement, AOL aims to incentivize and reward key individuals within MapQuest. Com, Inc., aligning their interests with the success and growth of the company. It provides an opportunity for options to benefit from the appreciation in AOL's stock price over time. In Washington, there may be various types of stock option agreements that can be used between AOL and MapQuest. Com, Inc. These may include: 1. Incentive Stock Options (SOS): These options can provide tax advantages for options if certain conditions are met. They typically have specific requirements in terms of the exercise price, holding periods, and total value of options granted. 2. Non-Qualified Stock Options (Nests): These options do not meet the requirements for SOS and may have different tax implications. They provide flexibility in terms of exercise price and vesting schedules. 3. Restricted Stock Units (RSS): This type of agreement grants units of AOL's stock rather than actual shares. These units convert into shares after a specified vesting period or upon achieving certain performance targets. Depending on the specific circumstances and objectives of AOL and MapQuest. Com, Inc., other types of stock option agreements may also be utilized, such as stock appreciation rights (SARS) or phantom stock plans. These agreements are designed to align the interests of employees or individuals with the overall growth and success of the company. Overall, the Washington Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. is a comprehensive legal document that governs the granting and exercising of stock options. It ensures compliance with Washington state laws and serves as an important tool to incentivize and retain key talent within MapQuest. Com, Inc.
Washington Stock Option Agreement between America Online, Inc. and Mapquest.Com, Inc.
Description
How to fill out Washington Stock Option Agreement Between America Online, Inc. And Mapquest.Com, Inc.?
US Legal Forms - one of the largest libraries of legitimate kinds in the USA - offers a wide range of legitimate document web templates you are able to acquire or produce. Using the internet site, you may get 1000s of kinds for organization and individual reasons, sorted by types, states, or keywords.You can find the latest types of kinds much like the Washington Stock Option Agreement between America Online, Inc. and Mapquest.Com, Inc. within minutes.
If you have a membership, log in and acquire Washington Stock Option Agreement between America Online, Inc. and Mapquest.Com, Inc. from your US Legal Forms local library. The Download button can look on each kind you perspective. You have access to all previously saved kinds within the My Forms tab of your account.
If you wish to use US Legal Forms initially, allow me to share easy guidelines to get you started out:
- Be sure to have picked out the proper kind for your town/area. Select the Preview button to analyze the form`s content material. Browse the kind explanation to ensure that you have chosen the right kind.
- If the kind doesn`t satisfy your needs, take advantage of the Search area near the top of the display screen to get the one which does.
- In case you are happy with the form, confirm your option by clicking the Buy now button. Then, select the costs plan you want and provide your references to register on an account.
- Method the purchase. Make use of credit card or PayPal account to complete the purchase.
- Pick the formatting and acquire the form on your gadget.
- Make adjustments. Load, modify and produce and indication the saved Washington Stock Option Agreement between America Online, Inc. and Mapquest.Com, Inc..
Every single template you put into your money lacks an expiry time and is your own forever. So, if you wish to acquire or produce an additional duplicate, just go to the My Forms portion and then click in the kind you require.
Get access to the Washington Stock Option Agreement between America Online, Inc. and Mapquest.Com, Inc. with US Legal Forms, one of the most comprehensive local library of legitimate document web templates. Use 1000s of specialist and state-certain web templates that meet up with your organization or individual needs and needs.
Form popularity
FAQ
Employee stock options can be a lucrative part of an individual's overall compensation package, although not every company offers them. Workers can buy shares at a pre-determined price at a future date, regardless of the price of the stock when the options are exercised.
An option contract is a promise to keep an offer open for another party to accept within a period of time. With an option contract, the offeror is not permitted to revoke the offer within the stated period of time. Most option contracts require consideration and other contract formalities in order to be enforceable.
A stock option provides an employee with the opportunity to purchase a set number of shares of company stock at a certain price within a certain period of time. The price is called the ?grant price? or ?strike price.? This price is usually based on a discounted price of the stock at the time of hire.
Unit Option Agreement means an agreement in writing between the Participant and one or more Affiliates that shall specify the Grant Value of each Unit Option, the duration of each Unit Option, the number of Unit Options granted, the effect of any Termination on Restricted Units, and such other terms and conditions as ...
Share-option schemes are typically used as an incentive for employees. A share option is the right to buy a certain number of shares at a fixed price, some period of time in the future, within a company.
A share option agreement is an agreement between the holder of shares and a third party giving one party the right (but not the obligation) to purchase or sell shares at a future date, at an agreed price. If the option is exercised, the other party is obliged to purchase or sell those shares.