Stock-Option Agreement between America Online, Inc. and Mapquest.Com, Inc. dated December 21, 1999. 14 pages
Houston Texas is a vibrant city located in the southern part of the United States. Known for its rich culture, diverse population, and thriving economy, Houston offers a range of opportunities for businesses and investors. One notable agreement between two prominent companies in Houston is the Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. This agreement is a legally binding contract that outlines the terms and conditions under which America Online, Inc. grants MapQuest. Com, Inc. the right to purchase a specified number of stocks of America Online, Inc. at a predetermined price within a designated timeframe. This type of agreement allows MapQuest. Com, Inc. to potentially benefit from the appreciation of America Online, Inc.'s stock value. In this particular Houston Texas Stock Option Agreement, the parties involved, America Online, Inc. and MapQuest. Com, Inc., have negotiated the specifics of the agreement, including the number of stocks that will be offered, the exercise price for purchasing the stocks, and the vesting schedule, which determines when MapQuest. Com, Inc. can exercise its right to purchase the stocks. There are different types of Stock Option Agreements that can exist between America Online, Inc. and MapQuest. Com, Inc., or any other companies in Houston, Texas. Some common types include: 1. Non-Qualified Stock Option Agreement: This agreement allows MapQuest. Com, Inc. to purchase the stocks at a predetermined price, regardless of certain tax advantages typically associated with qualified stock options. 2. Incentive Stock Option Agreement: This type of agreement provides MapQuest. Com, Inc. with certain tax advantages if specific requirements are met, such as holding periods and exercise prices. 3. Restricted Stock Option Agreement: This agreement may impose certain restrictions on MapQuest. Com, Inc., such as a vesting schedule or limitations on selling or transferring the stocks until specific conditions are met. Overall, the Houston Texas Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. represents a strategic partnership between two prominent companies, allowing MapQuest. Com, Inc. to potentially benefit from America Online, Inc.'s stock value appreciation. These agreements come in different types, each offering various advantages and conditions for MapQuest. Com, Inc.
Houston Texas is a vibrant city located in the southern part of the United States. Known for its rich culture, diverse population, and thriving economy, Houston offers a range of opportunities for businesses and investors. One notable agreement between two prominent companies in Houston is the Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. This agreement is a legally binding contract that outlines the terms and conditions under which America Online, Inc. grants MapQuest. Com, Inc. the right to purchase a specified number of stocks of America Online, Inc. at a predetermined price within a designated timeframe. This type of agreement allows MapQuest. Com, Inc. to potentially benefit from the appreciation of America Online, Inc.'s stock value. In this particular Houston Texas Stock Option Agreement, the parties involved, America Online, Inc. and MapQuest. Com, Inc., have negotiated the specifics of the agreement, including the number of stocks that will be offered, the exercise price for purchasing the stocks, and the vesting schedule, which determines when MapQuest. Com, Inc. can exercise its right to purchase the stocks. There are different types of Stock Option Agreements that can exist between America Online, Inc. and MapQuest. Com, Inc., or any other companies in Houston, Texas. Some common types include: 1. Non-Qualified Stock Option Agreement: This agreement allows MapQuest. Com, Inc. to purchase the stocks at a predetermined price, regardless of certain tax advantages typically associated with qualified stock options. 2. Incentive Stock Option Agreement: This type of agreement provides MapQuest. Com, Inc. with certain tax advantages if specific requirements are met, such as holding periods and exercise prices. 3. Restricted Stock Option Agreement: This agreement may impose certain restrictions on MapQuest. Com, Inc., such as a vesting schedule or limitations on selling or transferring the stocks until specific conditions are met. Overall, the Houston Texas Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. represents a strategic partnership between two prominent companies, allowing MapQuest. Com, Inc. to potentially benefit from America Online, Inc.'s stock value appreciation. These agreements come in different types, each offering various advantages and conditions for MapQuest. Com, Inc.