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 Wyoming Stock Option Agreement of Full House Resorts, Inc., is a legal document that outlines the terms and conditions of stock option grants provided by Full House Resorts, Inc. in Wyoming. This agreement is specifically tailored to comply with the laws and regulations specific to the state of Wyoming. Keywords: Wyoming Stock Option Agreement, Full House Resorts, Inc., stock option grants, terms and conditions, compliance, laws and regulations, Wyoming. Types of Wyoming Stock Option Agreement of Full House Resorts, Inc.: 1. Incentive Stock Option Agreement: This type of agreement is designed to provide stock options to employees as a form of incentive or reward for their services. It typically contains provisions related to vesting schedules, exercise prices, and the number of shares subject to the option. 2. Employee Stock Purchase Plan (ESPN) Option Agreement: This agreement is specifically designed for employees participating in an ESPN. It outlines the specific terms and conditions related to stock options provided through the employee purchase plan, including eligibility, contribution limits, and exercise periods. 3. Non-Qualified Stock Option Agreement: This type of agreement is structured differently from incentive stock options and is not subject to specific tax advantages. It may include provisions related to exercise periods, cashless exercise options, and alternative methods of payment. 4. Director Stock Option Agreement: This agreement is tailored for directors of Full House Resorts, Inc. It outlines the terms and conditions for stock options provided to directors as a form of compensation for their services on the company's board. It may include specific provisions related to board membership requirements and vesting schedules. 5. Consultant Stock Option Agreement: This agreement is designed for consultants or advisors who provide services to Full House Resorts, Inc. It outlines the terms and conditions for stock option grants to compensate these individuals for their professional advice or expertise. It may also include provisions related to the nature and duration of the consulting relationship. Remember, the specific details of each type of Wyoming Stock Option Agreement of Full House Resorts, Inc. will depend on the company's policies, legal requirements, and the individual circumstances of the recipient. It is advisable to consult with legal professionals well-versed in Wyoming corporate law to ensure the agreement aligns with the company's objectives and complies with applicable regulations.
The Wyoming Stock Option Agreement of Full House Resorts, Inc., is a legal document that outlines the terms and conditions of stock option grants provided by Full House Resorts, Inc. in Wyoming. This agreement is specifically tailored to comply with the laws and regulations specific to the state of Wyoming. Keywords: Wyoming Stock Option Agreement, Full House Resorts, Inc., stock option grants, terms and conditions, compliance, laws and regulations, Wyoming. Types of Wyoming Stock Option Agreement of Full House Resorts, Inc.: 1. Incentive Stock Option Agreement: This type of agreement is designed to provide stock options to employees as a form of incentive or reward for their services. It typically contains provisions related to vesting schedules, exercise prices, and the number of shares subject to the option. 2. Employee Stock Purchase Plan (ESPN) Option Agreement: This agreement is specifically designed for employees participating in an ESPN. It outlines the specific terms and conditions related to stock options provided through the employee purchase plan, including eligibility, contribution limits, and exercise periods. 3. Non-Qualified Stock Option Agreement: This type of agreement is structured differently from incentive stock options and is not subject to specific tax advantages. It may include provisions related to exercise periods, cashless exercise options, and alternative methods of payment. 4. Director Stock Option Agreement: This agreement is tailored for directors of Full House Resorts, Inc. It outlines the terms and conditions for stock options provided to directors as a form of compensation for their services on the company's board. It may include specific provisions related to board membership requirements and vesting schedules. 5. Consultant Stock Option Agreement: This agreement is designed for consultants or advisors who provide services to Full House Resorts, Inc. It outlines the terms and conditions for stock option grants to compensate these individuals for their professional advice or expertise. It may also include provisions related to the nature and duration of the consulting relationship. Remember, the specific details of each type of Wyoming Stock Option Agreement of Full House Resorts, Inc. will depend on the company's policies, legal requirements, and the individual circumstances of the recipient. It is advisable to consult with legal professionals well-versed in Wyoming corporate law to ensure the agreement aligns with the company's objectives and complies with applicable regulations.