Lima Arizona Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd is a legal contract that outlines the terms and conditions regarding the purchase and sale of stock options between these two entities. Under this agreement, Shore wood Packaging Corp. (the "Company") grants Jefferson Capital Group, Ltd (the "Investor") the right to purchase a specified number of stocks at a predetermined price within a certain time frame. This agreement is typically entered into when the Investor believes that the Company's stock value will increase in the future and wishes to take advantage of potential financial gains. The Lima Arizona Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd may include the following essential components: 1. Grant of Options: This section defines the number of stock options granted to the Investor and any conditions or restrictions around their exercise and expiration. 2. Exercise Price: The agreed-upon price at which the Investor can purchase the stock options. 3. Vesting Schedule: This outlines the schedule, conditions, and timelines for when the stock options become exercisable. 4. Expiration Date: Specifies the date at which the stock options must be exercised or become void. 5. Terms and Conditions: This section covers any additional terms and conditions related to the stock option agreement, such as transferability restrictions, confidentiality clauses, non-compete agreements, and dispute resolution mechanisms. 6. Representations and Warranties: Both parties may provide assurances regarding their authority to enter into the agreement, compliance with applicable laws, and the accuracy of the information provided. It's important to note that the name "Lima Arizona" refers to the geographical location where the agreement is signed or applied. The existence of different types of Lima Arizona Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd would typically depend on any modifications, amendments, or specific terms tailored to their unique business needs. In conclusion, the Lima Arizona Stock Option Agreement between Shore wood Packaging Corp. and Jefferson Capital Group, Ltd is a legal document that provides a framework for the purchase and sale of stock options, protecting the interests of both parties involved.