Mecklenburg North Carolina Stock Option Agreement between Shorewood Packaging Corp. and Jefferson Capital Group, Ltd

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Mecklenburg
• 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) Mecklenburg North Carolina Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd: The Mecklenburg North Carolina Stock Option Agreement is a legally binding contract entered into between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd., both recognized entities in the corporate world. This agreement outlines the terms and conditions regarding the stock options granted by Shore wood Packaging Corp. to Jefferson Capital Group, Ltd. Stock options refer to the right given to the recipient (Jefferson Capital Group, Ltd.) to purchase a specified number of shares of Shore wood Packaging Corp.'s stock at a predetermined price within a set timeframe. The options offered under this agreement are instrumental in incentivizing and rewarding Jefferson Capital Group, Ltd.'s ongoing commitment, performance, and contribution to Shore wood Packaging Corp. This agreement encompasses various essential aspects, including the terms of the stock options, vesting schedule, exercise price, and expiration date. It specifically defines the number of shares granted, the strike price, and any limitations or restrictions associated with exercising the options. Key provisions of the Mecklenburg North Carolina Stock Option Agreement may include: 1. Grant of Stock Options: This section delineates the specific number of stock options awarded by Shore wood Packaging Corp. to Jefferson Capital Group, Ltd. The agreement may identify whether the options are classified as incentive stock options (SOS) or non-qualified stock options (SOS). 2. Vesting Schedule: The vesting schedule establishes the timeline during which Jefferson Capital Group, Ltd. earns the right to exercise their stock options. It may be time-based (e.g., over a specific number of years) or performance-based (based on the achievement of predetermined goals or milestones). 3. Exercise Price: The exercise price, also known as the strike price, refers to the predetermined amount that Jefferson Capital Group, Ltd. must pay to acquire Shore wood Packaging Corp.'s stock when exercising their options. It is important to establish a fair price to ensure alignment of interests and to protect both parties' investments. 4. Expiration Date: This represents the deadline by which Jefferson Capital Group, Ltd. must exercise their stock options if they wish to acquire shares at the predetermined price. Failure to exercise within the specified time frame may result in loss of the options. 5. Rights and Restrictions: This section outlines any specific provisions relating to the stock options, including transferability, rights upon termination (voluntary or involuntary), change of control scenarios, or holding period requirements. 6. Governing Law and Jurisdiction: To address legal matters, the agreement will typically state the jurisdiction (Mecklenburg County, North Carolina) whose laws govern the interpretation, validity, and enforcement of the contract. Different variations of Mecklenburg North Carolina Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd may be categorized based on the specific classification of stock options granted (SOS, SOS), the timeframe of the vesting schedule, the number of shares awarded, and the unique terms and conditions negotiated between the parties. Overall, the Mecklenburg North Carolina Stock Option Agreement creates a framework that allows Jefferson Capital Group, Ltd. to benefit from potential future growth in Shore wood Packaging Corp.'s stock value, directly aligning their interests with the success and profitability of the company.

Mecklenburg North Carolina Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd: The Mecklenburg North Carolina Stock Option Agreement is a legally binding contract entered into between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd., both recognized entities in the corporate world. This agreement outlines the terms and conditions regarding the stock options granted by Shore wood Packaging Corp. to Jefferson Capital Group, Ltd. Stock options refer to the right given to the recipient (Jefferson Capital Group, Ltd.) to purchase a specified number of shares of Shore wood Packaging Corp.'s stock at a predetermined price within a set timeframe. The options offered under this agreement are instrumental in incentivizing and rewarding Jefferson Capital Group, Ltd.'s ongoing commitment, performance, and contribution to Shore wood Packaging Corp. This agreement encompasses various essential aspects, including the terms of the stock options, vesting schedule, exercise price, and expiration date. It specifically defines the number of shares granted, the strike price, and any limitations or restrictions associated with exercising the options. Key provisions of the Mecklenburg North Carolina Stock Option Agreement may include: 1. Grant of Stock Options: This section delineates the specific number of stock options awarded by Shore wood Packaging Corp. to Jefferson Capital Group, Ltd. The agreement may identify whether the options are classified as incentive stock options (SOS) or non-qualified stock options (SOS). 2. Vesting Schedule: The vesting schedule establishes the timeline during which Jefferson Capital Group, Ltd. earns the right to exercise their stock options. It may be time-based (e.g., over a specific number of years) or performance-based (based on the achievement of predetermined goals or milestones). 3. Exercise Price: The exercise price, also known as the strike price, refers to the predetermined amount that Jefferson Capital Group, Ltd. must pay to acquire Shore wood Packaging Corp.'s stock when exercising their options. It is important to establish a fair price to ensure alignment of interests and to protect both parties' investments. 4. Expiration Date: This represents the deadline by which Jefferson Capital Group, Ltd. must exercise their stock options if they wish to acquire shares at the predetermined price. Failure to exercise within the specified time frame may result in loss of the options. 5. Rights and Restrictions: This section outlines any specific provisions relating to the stock options, including transferability, rights upon termination (voluntary or involuntary), change of control scenarios, or holding period requirements. 6. Governing Law and Jurisdiction: To address legal matters, the agreement will typically state the jurisdiction (Mecklenburg County, North Carolina) whose laws govern the interpretation, validity, and enforcement of the contract. Different variations of Mecklenburg North Carolina Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd may be categorized based on the specific classification of stock options granted (SOS, SOS), the timeframe of the vesting schedule, the number of shares awarded, and the unique terms and conditions negotiated between the parties. Overall, the Mecklenburg North Carolina Stock Option Agreement creates a framework that allows Jefferson Capital Group, Ltd. to benefit from potential future growth in Shore wood Packaging Corp.'s stock value, directly aligning their interests with the success and profitability of the company.