Stock-Option Agreement between America Online, Inc. and Mapquest.Com, Inc. dated December 21, 1999. 14 pages
The Orange California Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. is a legally binding document that outlines the terms and conditions related to stock options offered by America Online, Inc. to MapQuest. Com, Inc. It serves as a vital aspect of their business relationship and is designed to incentivize and reward employees while aligning their interests with the long-term goals of the companies. Keywords: Orange California, Stock Option Agreement, America Online, Inc., MapQuest. Com, Inc. This agreement typically includes various provisions and clauses that govern the process, exercise, and vesting of stock options. It may also specify the duration of the agreement and any applicable restrictions or limitations. The options granted under the agreement entitle MapQuest. Com, Inc. employees to purchase a specific number of shares at a predetermined price, known as the exercise price, within a defined period. Different types of Orange California Stock Option Agreements between America Online, Inc. and MapQuest. Com, Inc. may include: 1. Employee Stock Option Agreement: This type of agreement is commonly offered to employees as a form of additional compensation or reward. It aims to attract and retain talented individuals by providing them the opportunity to purchase company shares at a discounted price in the future. 2. Executive Stock Option Agreement: This agreement is specifically designed for key executives within MapQuest. Com, Inc. It grants them stock options that come with additional benefits and favorable terms, such as a higher number of shares, lower exercise prices, or extended vesting periods. 3. Incentive Stock Option Agreement: Also known as ISO, this type of agreement offers employees certain tax advantages. It allows them to acquire shares at a price below the market value, with potential tax benefits upon their eventual sale. 4. Non-Qualified Stock Option Agreement: Unlike SOS, non-qualified stock options do not meet specific IRS requirements and do not offer the same tax advantages. However, they still provide employees the opportunity to purchase company shares at a predetermined price. These various types of stock option agreements aim to motivate and retain employees while aligning their interests with the overall success and growth of America Online, Inc. and MapQuest. Com, Inc.
The Orange California Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. is a legally binding document that outlines the terms and conditions related to stock options offered by America Online, Inc. to MapQuest. Com, Inc. It serves as a vital aspect of their business relationship and is designed to incentivize and reward employees while aligning their interests with the long-term goals of the companies. Keywords: Orange California, Stock Option Agreement, America Online, Inc., MapQuest. Com, Inc. This agreement typically includes various provisions and clauses that govern the process, exercise, and vesting of stock options. It may also specify the duration of the agreement and any applicable restrictions or limitations. The options granted under the agreement entitle MapQuest. Com, Inc. employees to purchase a specific number of shares at a predetermined price, known as the exercise price, within a defined period. Different types of Orange California Stock Option Agreements between America Online, Inc. and MapQuest. Com, Inc. may include: 1. Employee Stock Option Agreement: This type of agreement is commonly offered to employees as a form of additional compensation or reward. It aims to attract and retain talented individuals by providing them the opportunity to purchase company shares at a discounted price in the future. 2. Executive Stock Option Agreement: This agreement is specifically designed for key executives within MapQuest. Com, Inc. It grants them stock options that come with additional benefits and favorable terms, such as a higher number of shares, lower exercise prices, or extended vesting periods. 3. Incentive Stock Option Agreement: Also known as ISO, this type of agreement offers employees certain tax advantages. It allows them to acquire shares at a price below the market value, with potential tax benefits upon their eventual sale. 4. Non-Qualified Stock Option Agreement: Unlike SOS, non-qualified stock options do not meet specific IRS requirements and do not offer the same tax advantages. However, they still provide employees the opportunity to purchase company shares at a predetermined price. These various types of stock option agreements aim to motivate and retain employees while aligning their interests with the overall success and growth of America Online, Inc. and MapQuest. Com, Inc.