The Travis Texas Stock Option Agreement of Charge. Com, Inc. is a legally binding document that outlines the terms and conditions relating to stock options offered by Charge. Com, Inc. (hereinafter referred to as "the Company"). This agreement is entered into between the Company and eligible employees or individuals who are granted the opportunity to purchase or acquire stock options in the Company. The Travis Texas Stock Option Agreement is designed to provide employees with the opportunity to purchase a specific number of shares of the Company's common stock at a predetermined price within a specified time frame. This agreement serves as a mechanism to incentivize employees by offering them the chance to participate in the growth and success of the Company. The agreement typically includes important details such as the grant date, vesting period, exercise price, and the maximum number of stock options that can be acquired. It outlines the rights and obligations of both the Company and the option holder, ensuring a fair and transparent process for the acquisition and exercise of stock options. There are potentially different types of Travis Texas Stock Option Agreement of Charge. Com, Inc. based on the following factors: 1. Employee Stock Option Plan (ESOP): This agreement may be applicable to employees who have been with the Company for a specified period of time and fulfill certain eligibility criteria determined by the Company's ESOP. 2. Non-Employee Stock Option Plan (AESOP): This option agreement may be relevant to consultants, advisors, or other non-employee individuals who provide services to the Company and are granted stock options as part of their compensation package. 3. Incentive Stock Options (SOS): This type of agreement may be specific to options granted under the Internal Revenue Code's guidelines for incentive stock options. SOS provide certain tax advantages to the option holder if certain conditions are met. 4. Non-Qualified Stock Options (Nests): This agreement may pertain to options that do not meet the requirements of SOS, thus not offering the same tax benefits. Nests are commonly offered to employees, consultants, or other eligible individuals and are subject to regular income tax upon exercise. In summary, the Travis Texas Stock Option Agreement of Charge. Com, Inc. is a comprehensive document that governs the process and terms surrounding stock option grants within the Company. It ensures transparency, fairness, and compliance with applicable laws and regulations, while providing eligible individuals with the opportunity to participate in the Company's success and potentially reap financial rewards.