Hillsborough Florida Stock Option Agreement of Full House Resorts, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Hillsborough
• 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 Hillsborough Florida Stock Option Agreement of Full House Resorts, Inc. is a legally binding document between Full House Resorts, Inc. and an individual or entity in Hillsborough County, Florida, relating to the granting of stock options. This agreement outlines the terms and conditions under which stock options are offered to employees, directors, or other individuals associated with Full House Resorts, Inc. The Hillsborough Florida Stock Option Agreement may include several types based on various parameters such as vesting schedules, exercise prices, and expiration dates. Here are some possible variations: 1. Employee Stock Option Agreement: This type of agreement is specifically designed for Full House Resorts, Inc. employees, offering them the opportunity to purchase company stocks at a predetermined price within a particular timeframe. 2. Director Stock Option Agreement: This variant is created for the directors of Full House Resorts, Inc., providing them with the option to buy company stocks at a predetermined price within a defined period. 3. Executive Stock Option Agreement: This particular stock option agreement caters to executives within Full House Resorts, Inc., and offers them the opportunity to acquire company stocks at specific prices over a specified period, often with additional performance-based conditions. 4. Incentive Stock Option Agreement: This type of agreement grants stock options to employees of Full House Resorts, Inc., generally with preferential tax treatment. Incentive stock options typically have specific requirements, including a required holding period before exercising the options. 5. Non-Qualified Stock Option Agreement: Unlike incentive stock options, non-qualified stock options do not qualify for preferential tax treatment. This agreement may be offered to employees, directors, or consultants associated with Full House Resorts, Inc. The Hillsborough Florida Stock Option Agreement is vital in attracting and retaining talented individuals within Full House Resorts, Inc., as it provides them with a financial incentive linked to the success of the company. It allows these individuals to share in the company's growth and value appreciation, aligning their interests with those of Full House Resorts, Inc. This agreement establishes the specific terms, conditions, and restrictions surrounding the stock options, ensuring transparency and fairness for all parties involved. Note: The information provided above is purely fictional and created by AI. It does not represent any actual agreement or details associated with Full House Resorts, Inc. or its stock option plans.

The Hillsborough Florida Stock Option Agreement of Full House Resorts, Inc. is a legally binding document between Full House Resorts, Inc. and an individual or entity in Hillsborough County, Florida, relating to the granting of stock options. This agreement outlines the terms and conditions under which stock options are offered to employees, directors, or other individuals associated with Full House Resorts, Inc. The Hillsborough Florida Stock Option Agreement may include several types based on various parameters such as vesting schedules, exercise prices, and expiration dates. Here are some possible variations: 1. Employee Stock Option Agreement: This type of agreement is specifically designed for Full House Resorts, Inc. employees, offering them the opportunity to purchase company stocks at a predetermined price within a particular timeframe. 2. Director Stock Option Agreement: This variant is created for the directors of Full House Resorts, Inc., providing them with the option to buy company stocks at a predetermined price within a defined period. 3. Executive Stock Option Agreement: This particular stock option agreement caters to executives within Full House Resorts, Inc., and offers them the opportunity to acquire company stocks at specific prices over a specified period, often with additional performance-based conditions. 4. Incentive Stock Option Agreement: This type of agreement grants stock options to employees of Full House Resorts, Inc., generally with preferential tax treatment. Incentive stock options typically have specific requirements, including a required holding period before exercising the options. 5. Non-Qualified Stock Option Agreement: Unlike incentive stock options, non-qualified stock options do not qualify for preferential tax treatment. This agreement may be offered to employees, directors, or consultants associated with Full House Resorts, Inc. The Hillsborough Florida Stock Option Agreement is vital in attracting and retaining talented individuals within Full House Resorts, Inc., as it provides them with a financial incentive linked to the success of the company. It allows these individuals to share in the company's growth and value appreciation, aligning their interests with those of Full House Resorts, Inc. This agreement establishes the specific terms, conditions, and restrictions surrounding the stock options, ensuring transparency and fairness for all parties involved. Note: The information provided above is purely fictional and created by AI. It does not represent any actual agreement or details associated with Full House Resorts, Inc. or its stock option plans.