Wake North Carolina Stock Option Agreement of Full House Resorts, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Wake
• 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 Wake North Carolina is a city located in the heart of North Carolina, known for its vibrant community and rich history. Full House Resorts, Inc., a renowned hospitality and entertainment company, offers stock option agreements for investors interested in the Wake North Carolina market. The Wake North Carolina Stock Option Agreement by Full House Resorts, Inc. provides individuals with the opportunity to invest in the company's stocks specifically related to their operations in Wake North Carolina. By entering into this agreement, investors gain the right to purchase company stock at a predetermined price within a specified period. The Wake North Carolina Stock Option Agreement offers various types, each tailored to cater to different investment preferences and goals. These include: 1. Standard Stock Option Agreement: This agreement allows investors to purchase Full House Resorts, Inc. stocks at a predetermined exercise price within a certain period, typically up to 10 years. 2. Incentive Stock Option Agreement: This type of agreement is designed to incentivize key employees, such as executives or top-performing staff, by granting them the right to purchase company stocks at a favorable price. Incentive stock options offer potential tax benefits and are governed by specific regulations set by the Internal Revenue Service (IRS). 3. Non-Qualified Stock Option Agreement: This agreement is similar to the standard stock option agreement but does not meet the requirements outlined by the IRS for incentive stock options. Non-qualified stock options may provide more flexibility for companies and investors but are subject to different tax regulations. 4. Restricted Stock Option Agreement: Instead of providing options to purchase stock at a specific price, this agreement grants investors the right to obtain company shares as restricted stock. These shares are subject to specific vesting periods or performance conditions before full ownership is granted. Investors interested in the Wake North Carolina market can select the most suitable stock option agreement based on their investment objectives, tax considerations, and risk tolerance. Full House Resorts, Inc. aims to provide a diverse range of options to attract investors looking to capitalize on the growing opportunities in Wake North Carolina.

Wake North Carolina is a city located in the heart of North Carolina, known for its vibrant community and rich history. Full House Resorts, Inc., a renowned hospitality and entertainment company, offers stock option agreements for investors interested in the Wake North Carolina market. The Wake North Carolina Stock Option Agreement by Full House Resorts, Inc. provides individuals with the opportunity to invest in the company's stocks specifically related to their operations in Wake North Carolina. By entering into this agreement, investors gain the right to purchase company stock at a predetermined price within a specified period. The Wake North Carolina Stock Option Agreement offers various types, each tailored to cater to different investment preferences and goals. These include: 1. Standard Stock Option Agreement: This agreement allows investors to purchase Full House Resorts, Inc. stocks at a predetermined exercise price within a certain period, typically up to 10 years. 2. Incentive Stock Option Agreement: This type of agreement is designed to incentivize key employees, such as executives or top-performing staff, by granting them the right to purchase company stocks at a favorable price. Incentive stock options offer potential tax benefits and are governed by specific regulations set by the Internal Revenue Service (IRS). 3. Non-Qualified Stock Option Agreement: This agreement is similar to the standard stock option agreement but does not meet the requirements outlined by the IRS for incentive stock options. Non-qualified stock options may provide more flexibility for companies and investors but are subject to different tax regulations. 4. Restricted Stock Option Agreement: Instead of providing options to purchase stock at a specific price, this agreement grants investors the right to obtain company shares as restricted stock. These shares are subject to specific vesting periods or performance conditions before full ownership is granted. Investors interested in the Wake North Carolina market can select the most suitable stock option agreement based on their investment objectives, tax considerations, and risk tolerance. Full House Resorts, Inc. aims to provide a diverse range of options to attract investors looking to capitalize on the growing opportunities in Wake North Carolina.