Harris Texas Stock Option Agreement between Shorewood Packaging Corp. and Jefferson Capital Group, Ltd

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Harris
• Control #: US-CC-18-366B
• Format: Word; Rich Text

Description

18-366B 18-366B . . . Stock Option Agreement under which corporation grants Non-qualified Option to investment banking firm to purchase 25,000 shares of stock. The Stock Option Agreement gives Optionee certain rights to cause option shares to be registered in conjunction with other public offerings by corporation of its securities (i.e., "piggy-back" registration rights) Title: Understanding the Harris Texas Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd Keywords: Harris Texas Stock Option Agreement, Shore wood Packaging Corp., Jefferson Capital Group, Ltd, detailed description, types Introduction: The Harris Texas Stock Option Agreement is a legally binding document established between Shore wood Packaging Corp. (SPC) and Jefferson Capital Group, Ltd. It outlines the terms and conditions related to stock options, allowing Jefferson Capital Group, Ltd. to purchase a specific number of shares in Shore wood Packaging Corp. at a predetermined price within a specified time frame. This article provides a comprehensive overview of this agreement, exploring its purpose, components, and potential types. 1. Purpose of the Agreement: The Harris Texas Stock Option Agreement facilitates a collaboration between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd., enabling the latter to acquire a certain number of shares. This mutually beneficial arrangement supports potential growth opportunities, enhances investment partnerships, and aligns the interests of both entities. 2. Key Components: a) Grant of Option: The agreement defines the number of shares and the strike price at which Jefferson Capital Group, Ltd. can exercise its right to purchase the stock from Shore wood Packaging Corp. This component establishes the terms by which the stock option operates. b) Exercise Period: The agreement stipulates the duration within which Jefferson Capital Group, Ltd. can exercise its stock options as mentioned in the grant section. This time frame is crucial for executing the option and acquiring the shares at the pre-determined price. c) Vesting Schedule: If applicable, the agreement may incorporate a vesting schedule, specifying the gradual accumulation of the right to exercise the stock options over a certain period. This condition may encourage long-term commitment and ensure alignment of interests. d) Conditions and Restrictions: The agreement may also contain provisions that outline specific conditions or restrictions that need to be fulfilled or complied with before exercising the stock options. These may include regulatory compliance, performance targets, or equity holding thresholds. 3. Variations in the Agreement: Although not explicitly mentioned, there might exist different types of Harris Texas Stock Option Agreements between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd. These types could include: a) Employee Stock Option Agreement: Aimed at rewarding employees of Shore wood Packaging Corp. by offering stock options to incentivize performance, long-term commitment, and aligning the interests of employees with those of the company. b) Partnership Investment Stock Option Agreement: Catering to a joint venture between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd., this agreement may facilitate investment opportunities in specific projects or ventures. c) Shareholder Stock Option Agreement: Designed for existing shareholders of Shore wood Packaging Corp., this agreement may offer the right to purchase additional shares, allowing shareholders to increase their ownership percentage or capitalize on future growth prospects. Conclusion: The Harris Texas Stock Option Agreement serves as a pivotal instrument in fostering partnerships and investment opportunities between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd. It outlines the terms and conditions for the purchase of shares, creating a mutually beneficial alliance that promotes growth and aligns the interests of both parties involved. While potential variations of this agreement exist, the core purpose remains the same — to strengthen collaboration and maximize value for all stakeholders.

Title: Understanding the Harris Texas Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd Keywords: Harris Texas Stock Option Agreement, Shore wood Packaging Corp., Jefferson Capital Group, Ltd, detailed description, types Introduction: The Harris Texas Stock Option Agreement is a legally binding document established between Shore wood Packaging Corp. (SPC) and Jefferson Capital Group, Ltd. It outlines the terms and conditions related to stock options, allowing Jefferson Capital Group, Ltd. to purchase a specific number of shares in Shore wood Packaging Corp. at a predetermined price within a specified time frame. This article provides a comprehensive overview of this agreement, exploring its purpose, components, and potential types. 1. Purpose of the Agreement: The Harris Texas Stock Option Agreement facilitates a collaboration between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd., enabling the latter to acquire a certain number of shares. This mutually beneficial arrangement supports potential growth opportunities, enhances investment partnerships, and aligns the interests of both entities. 2. Key Components: a) Grant of Option: The agreement defines the number of shares and the strike price at which Jefferson Capital Group, Ltd. can exercise its right to purchase the stock from Shore wood Packaging Corp. This component establishes the terms by which the stock option operates. b) Exercise Period: The agreement stipulates the duration within which Jefferson Capital Group, Ltd. can exercise its stock options as mentioned in the grant section. This time frame is crucial for executing the option and acquiring the shares at the pre-determined price. c) Vesting Schedule: If applicable, the agreement may incorporate a vesting schedule, specifying the gradual accumulation of the right to exercise the stock options over a certain period. This condition may encourage long-term commitment and ensure alignment of interests. d) Conditions and Restrictions: The agreement may also contain provisions that outline specific conditions or restrictions that need to be fulfilled or complied with before exercising the stock options. These may include regulatory compliance, performance targets, or equity holding thresholds. 3. Variations in the Agreement: Although not explicitly mentioned, there might exist different types of Harris Texas Stock Option Agreements between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd. These types could include: a) Employee Stock Option Agreement: Aimed at rewarding employees of Shore wood Packaging Corp. by offering stock options to incentivize performance, long-term commitment, and aligning the interests of employees with those of the company. b) Partnership Investment Stock Option Agreement: Catering to a joint venture between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd., this agreement may facilitate investment opportunities in specific projects or ventures. c) Shareholder Stock Option Agreement: Designed for existing shareholders of Shore wood Packaging Corp., this agreement may offer the right to purchase additional shares, allowing shareholders to increase their ownership percentage or capitalize on future growth prospects. Conclusion: The Harris Texas Stock Option Agreement serves as a pivotal instrument in fostering partnerships and investment opportunities between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd. It outlines the terms and conditions for the purchase of shares, creating a mutually beneficial alliance that promotes growth and aligns the interests of both parties involved. While potential variations of this agreement exist, the core purpose remains the same — to strengthen collaboration and maximize value for all stakeholders.