Phoenix Arizona Stock Option Agreement of Full House Resorts, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• City: Phoenix
• 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 Phoenix Arizona Stock Option Agreement is a legal document that outlines the terms and conditions for stock options offered by Full House Resorts, Inc. in the Phoenix, Arizona area. This agreement provides employees or individuals with the opportunity to purchase shares of the company's stock at a predetermined price, referred to as the exercise price, within a specified period. Full House Resorts, Inc. is known for its involvement in the gaming and hospitality industry, and this Stock Option Agreement allows employees or individuals to participate in the financial success of the company. By exercising their stock options, they have the opportunity to become partial owners of Full House Resorts, Inc. There are different types of Phoenix Arizona Stock Option Agreement offered by Full House Resorts, Inc. These may include: 1. Non-Qualified Stock Option Agreement: This type of agreement is commonly offered to employees and provides them with the right to purchase stock options outside the parameters of a qualified plan. By doing so, employees may realize potential tax benefits upon exercising their options. 2. Incentive Stock Option Agreement: This type of agreement is often used to incentivize key employees. It offers tax advantages to employees and allows them to purchase stock options at a predetermined price, typically referred to as a grant price. To qualify for these tax advantages, certain conditions, such as holding the options for a specific period, must be met. 3. Stock Option Agreement for Board Members: Full House Resorts, Inc. may offer specific stock option agreements to members of the company's board of directors. These agreements typically have unique terms and conditions tailored to the responsibilities and contributions of board members. 4. Stock Option Agreement for Consultants or Contractors: For individuals providing consulting or contracted services to Full House Resorts, Inc., a specialized stock option agreement may be offered. This agreement allows individuals to purchase stock options based on their contributions to the company. 5. Restricted Stock Option Agreement: This type of agreement involves granting restricted stock options to employees. Restricted stock options are subject to certain conditions, such as a vesting period or performance goals, before they can be fully exercised. It is essential to note that the specific terms, conditions, and details of the Phoenix Arizona Stock Option Agreement of Full House Resorts, Inc. may vary depending on the individual agreement, the employee's position, and other relevant factors.

The Phoenix Arizona Stock Option Agreement is a legal document that outlines the terms and conditions for stock options offered by Full House Resorts, Inc. in the Phoenix, Arizona area. This agreement provides employees or individuals with the opportunity to purchase shares of the company's stock at a predetermined price, referred to as the exercise price, within a specified period. Full House Resorts, Inc. is known for its involvement in the gaming and hospitality industry, and this Stock Option Agreement allows employees or individuals to participate in the financial success of the company. By exercising their stock options, they have the opportunity to become partial owners of Full House Resorts, Inc. There are different types of Phoenix Arizona Stock Option Agreement offered by Full House Resorts, Inc. These may include: 1. Non-Qualified Stock Option Agreement: This type of agreement is commonly offered to employees and provides them with the right to purchase stock options outside the parameters of a qualified plan. By doing so, employees may realize potential tax benefits upon exercising their options. 2. Incentive Stock Option Agreement: This type of agreement is often used to incentivize key employees. It offers tax advantages to employees and allows them to purchase stock options at a predetermined price, typically referred to as a grant price. To qualify for these tax advantages, certain conditions, such as holding the options for a specific period, must be met. 3. Stock Option Agreement for Board Members: Full House Resorts, Inc. may offer specific stock option agreements to members of the company's board of directors. These agreements typically have unique terms and conditions tailored to the responsibilities and contributions of board members. 4. Stock Option Agreement for Consultants or Contractors: For individuals providing consulting or contracted services to Full House Resorts, Inc., a specialized stock option agreement may be offered. This agreement allows individuals to purchase stock options based on their contributions to the company. 5. Restricted Stock Option Agreement: This type of agreement involves granting restricted stock options to employees. Restricted stock options are subject to certain conditions, such as a vesting period or performance goals, before they can be fully exercised. It is essential to note that the specific terms, conditions, and details of the Phoenix Arizona Stock Option Agreement of Full House Resorts, Inc. may vary depending on the individual agreement, the employee's position, and other relevant factors.