Harris Texas Stock Option Agreement between America Online, Inc. and Mapquest.Com, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Harris
• Control #: US-EG-9052
• Format: Word; Rich Text

Description

Stock-Option Agreement between America Online, Inc. and Mapquest.Com, Inc. dated December 21, 1999. 14 pages The Harris Texas Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. is a legally binding document that outlines the terms and conditions governing the stock options granted to employees of MapQuest. Com, Inc. by America Online, Inc. Specifically, it delineates the rights, responsibilities, and limitations associated with the issuance and exercise of stock options. In this agreement, America Online, Inc. grants MapQuest. Com, Inc. the authority to issue stock options to eligible employees based in Harris, Texas. These stock options provide an opportunity for employees to purchase a specific number of shares of America Online, Inc.'s common stock at a predetermined price, known as the exercise price. By granting stock options, America Online, Inc. aims to incentivize and reward the efforts of MapQuest. Com, Inc. employees, aligning their interests with the company's overall success. The agreement includes relevant keywords such as "stock options," "exercise price," "shares," "incentivize," and "reward." It clarifies that MapQuest. Com, Inc. employees in Harris, Texas are eligible to benefit from this arrangement, indicating a specific geographical focus. It is important to note that while this content describes the general concept of the Harris Texas Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc., there may be variations or specific types of agreements within this broader framework. These variations or types may differ based on factors like employee levels, vesting schedules, exercise periods, and other specific terms mutually agreed upon by the two companies. To provide a comprehensive overview, it would be helpful to offer specific examples of these potential variations or types. However, without more specific information, it is not possible to list or name them in this response.

The Harris Texas Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. is a legally binding document that outlines the terms and conditions governing the stock options granted to employees of MapQuest. Com, Inc. by America Online, Inc. Specifically, it delineates the rights, responsibilities, and limitations associated with the issuance and exercise of stock options. In this agreement, America Online, Inc. grants MapQuest. Com, Inc. the authority to issue stock options to eligible employees based in Harris, Texas. These stock options provide an opportunity for employees to purchase a specific number of shares of America Online, Inc.'s common stock at a predetermined price, known as the exercise price. By granting stock options, America Online, Inc. aims to incentivize and reward the efforts of MapQuest. Com, Inc. employees, aligning their interests with the company's overall success. The agreement includes relevant keywords such as "stock options," "exercise price," "shares," "incentivize," and "reward." It clarifies that MapQuest. Com, Inc. employees in Harris, Texas are eligible to benefit from this arrangement, indicating a specific geographical focus. It is important to note that while this content describes the general concept of the Harris Texas Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc., there may be variations or specific types of agreements within this broader framework. These variations or types may differ based on factors like employee levels, vesting schedules, exercise periods, and other specific terms mutually agreed upon by the two companies. To provide a comprehensive overview, it would be helpful to offer specific examples of these potential variations or types. However, without more specific information, it is not possible to list or name them in this response.