Contra Costa California Cash Award Paid to Holders of Non-Exercisable Stock Options Upon Merger or Consolidation refers to a financial benefit provided to individuals who hold non-exercisable stock options in companies involved in a merger or consolidation within Contra Costa County, California. This type of cash award is designed to compensate holders of stock options that cannot be exercised due to the merger or consolidation process. In Contra Costa County, there may be different types of cash awards paid to holders of non-exercisable stock options upon merger or consolidation, including: 1. Merger Cash Award: This refers to a specific cash benefit paid to holders of non-exercisable stock options when two companies merge or consolidate their operations. This payment is awarded to compensate for the inability to exercise the stock options following the merger. 2. Consolidation Cash Award: This type of cash award is provided to holders of non-exercisable stock options when multiple companies combine their operations to form a consolidated entity. It aims to compensate for the loss of the ability to exercise stock options due to the consolidation process. 3. Non-Exercisable Stock Option Compensation: This term encompasses all cash awards paid to individuals in Contra Costa County holding non-exercisable stock options upon a merger or consolidation. It includes any additional compensation or benefits provided apart from the stock options themselves. 4. Merger or Consolidation Agreement Compensation: This refers to any monetary compensation, including cash awards, outlined in the agreement between the companies involved in the merger or consolidation and the holders of non-exercisable stock options. Such compensation is negotiated based on the overall terms and conditions of the agreement. Overall, the Contra Costa California Cash Award Paid to Holders of Non-Exercisable Stock Options Upon Merger or Consolidation is a means of providing financial compensation to individuals who hold stock options that cannot be exercised due to a merger or consolidation in Contra Costa County, California. Different types of cash awards may be offered based on the specific circumstances and terms of the merger or consolidation agreement.