Nassau New York Stock Option Agreement of Full House Resorts, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Nassau
• 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 Nassau New York Stock Option Agreement of Full House Resorts, Inc. is a legal document that outlines the terms and conditions associated with stock option grants issued by the company to its employees or other individuals. This agreement seeks to provide a comprehensive framework for the acquisition of stock options, ensuring fair treatment and adherence to regulatory requirements. Keywords: Full House Resorts, stock option agreement, Nassau New York, terms and conditions, stock option grants, employees, individuals, legal document, acquisition, fair treatment, regulatory requirements. Types of Nassau New York Stock Option Agreement 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 under which employees are granted stock options as part of their compensation package. The agreement typically includes details such as the number of shares, vesting schedule, exercise price, and expiration date. 2. Non-Employee Stock Option Agreement: This agreement is intended for non-employee individuals, such as consultants, advisors, or contractors, who have been granted stock options by Full House Resorts, Inc. It spells out the terms and conditions that govern the stock options, including the exercise price, vesting schedule, and other relevant details. 3. Executive Stock Option Agreement: This agreement is specific to executives or high-level employees within Full House Resorts, Inc. It usually includes more elaborate terms and conditions compared to regular employee stock option agreements, reflecting the executive's higher position within the company and potentially incorporating additional benefits or provisions. 4. Incentive Stock Option Agreement: This type of agreement is granted under the authorization of the Internal Revenue Code (IRC) and offers certain tax advantages to the recipient. It outlines the rules and qualifications necessary for the stock options to be considered "incentive stock options" and provides details regarding exercise, vesting, and tax implications. In all types of Nassau New York Stock Option Agreements of Full House Resorts, Inc., it is crucial to consult legal and financial professionals to ensure compliance with applicable laws and regulations.

The Nassau New York Stock Option Agreement of Full House Resorts, Inc. is a legal document that outlines the terms and conditions associated with stock option grants issued by the company to its employees or other individuals. This agreement seeks to provide a comprehensive framework for the acquisition of stock options, ensuring fair treatment and adherence to regulatory requirements. Keywords: Full House Resorts, stock option agreement, Nassau New York, terms and conditions, stock option grants, employees, individuals, legal document, acquisition, fair treatment, regulatory requirements. Types of Nassau New York Stock Option Agreement 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 under which employees are granted stock options as part of their compensation package. The agreement typically includes details such as the number of shares, vesting schedule, exercise price, and expiration date. 2. Non-Employee Stock Option Agreement: This agreement is intended for non-employee individuals, such as consultants, advisors, or contractors, who have been granted stock options by Full House Resorts, Inc. It spells out the terms and conditions that govern the stock options, including the exercise price, vesting schedule, and other relevant details. 3. Executive Stock Option Agreement: This agreement is specific to executives or high-level employees within Full House Resorts, Inc. It usually includes more elaborate terms and conditions compared to regular employee stock option agreements, reflecting the executive's higher position within the company and potentially incorporating additional benefits or provisions. 4. Incentive Stock Option Agreement: This type of agreement is granted under the authorization of the Internal Revenue Code (IRC) and offers certain tax advantages to the recipient. It outlines the rules and qualifications necessary for the stock options to be considered "incentive stock options" and provides details regarding exercise, vesting, and tax implications. In all types of Nassau New York Stock Option Agreements of Full House Resorts, Inc., it is crucial to consult legal and financial professionals to ensure compliance with applicable laws and regulations.