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

• Category: Corporations - Public - Stock Options
• State: Multi-State
• City: San Antonio
• 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 A stock option agreement is a legal contract between two parties, America Online, Inc. and MapQuest. Com, Inc., related to the buying and selling of stocks in San Antonio, Texas. This agreement allows MapQuest. Com, Inc. to issue stock options to employees or other individuals associated with the company. The San Antonio Texas Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. is a comprehensive document that outlines all the terms and conditions regarding the stock options. It covers various aspects, including the type and number of stocks being offered, the exercise price, the vesting period, and any restrictions or conditions associated with the options. In this particular agreement, there might be different types of stock options offered to employees or individuals. These types may include: 1. Incentive Stock Options (SOS): These are stock options granted to employees as part of their compensation package. SOS often come with certain tax advantages for the employees, such as potential capital gains tax treatment upon the sale of the stock. 2. Non-Qualified Stock Options (Nests): Unlike SOS, Nests are not subject to the same tax advantages. They are typically offered to consultants, advisors, or non-employee directors. 3. Restricted Stock Units (RSS): Although not technically options, RSS are another form of equity compensation. RSS represents a promise to deliver shares of stock at a future date, usually tied to the fulfillment of certain vesting conditions or performance metrics. The San Antonio Texas Stock Option Agreement also includes provisions on the exercise period, which determines the time frame during which the stock options can be exercised. It might specify whether the options can be exercised in full or in part, and the process for exercising the options. Moreover, the agreement may include clauses regarding stock option transferability, such as whether the options can be transferred to family members or third parties, or if they are restricted solely to the recipient. Additionally, the agreement may outline any rights or benefits associated with stock ownership, such as voting rights and dividend distribution to stockholders. In conclusion, the San Antonio Texas Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. is a crucial legal document that governs the issuance and exercise of stock options. It establishes the rights, responsibilities, and obligations of both parties involved, ensuring transparency and clarity in the stock option process.

A stock option agreement is a legal contract between two parties, America Online, Inc. and MapQuest. Com, Inc., related to the buying and selling of stocks in San Antonio, Texas. This agreement allows MapQuest. Com, Inc. to issue stock options to employees or other individuals associated with the company. The San Antonio Texas Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. is a comprehensive document that outlines all the terms and conditions regarding the stock options. It covers various aspects, including the type and number of stocks being offered, the exercise price, the vesting period, and any restrictions or conditions associated with the options. In this particular agreement, there might be different types of stock options offered to employees or individuals. These types may include: 1. Incentive Stock Options (SOS): These are stock options granted to employees as part of their compensation package. SOS often come with certain tax advantages for the employees, such as potential capital gains tax treatment upon the sale of the stock. 2. Non-Qualified Stock Options (Nests): Unlike SOS, Nests are not subject to the same tax advantages. They are typically offered to consultants, advisors, or non-employee directors. 3. Restricted Stock Units (RSS): Although not technically options, RSS are another form of equity compensation. RSS represents a promise to deliver shares of stock at a future date, usually tied to the fulfillment of certain vesting conditions or performance metrics. The San Antonio Texas Stock Option Agreement also includes provisions on the exercise period, which determines the time frame during which the stock options can be exercised. It might specify whether the options can be exercised in full or in part, and the process for exercising the options. Moreover, the agreement may include clauses regarding stock option transferability, such as whether the options can be transferred to family members or third parties, or if they are restricted solely to the recipient. Additionally, the agreement may outline any rights or benefits associated with stock ownership, such as voting rights and dividend distribution to stockholders. In conclusion, the San Antonio Texas Stock Option Agreement between America Online, Inc. and MapQuest. Com, Inc. is a crucial legal document that governs the issuance and exercise of stock options. It establishes the rights, responsibilities, and obligations of both parties involved, ensuring transparency and clarity in the stock option process.