A Riverside California Stock Option Agreement is a legal document that outlines the terms and conditions associated with stock options offered by VIA Internet, Inc. With advancements in technology, the process of creating and signing such agreements can now be conveniently done via the internet. This agreement grants employees or other eligible individuals the right to purchase a specific number of shares of VIA Internet, Inc. stock at a predetermined price, within a set period. The agreement sets forth the terms of how the stock options are to be exercised and any restrictions or requirements that may apply. There may be various types of Riverside California Stock Option Agreements offered by VIA Internet, Inc., including: 1. Employee Stock Option Agreement: This type of agreement is typically provided to employees as part of their compensation package. It enables employees to purchase a portion of the company's stock at a specified price at a future date. 2. Non-Employee Stock Option Agreement: This agreement is designed for consultants, contractors, or other non-employee individuals who provide services to VIA Internet, Inc. It allows them to acquire company stock as a form of payment or incentive. 3. Incentive Stock Option Agreement: This specific type of stock option agreement provides tax benefits to employees, as outlined under the Internal Revenue Code. These agreements may have more stringent requirements and restrictions compared to other types of stock option agreements. 4. Non-Qualified Stock Option Agreement: These agreements do not meet the criteria outlined by the IRS for tax benefits under the Incentive Stock Option Agreement. They are more flexible in terms of eligibility criteria and may be offered to employees at different levels within the organization. 5. Restricted Stock Option Agreement: This agreement provides certain restrictions on the stock options, such as a vesting schedule or a requirement for continued employment. It ensures that recipients cannot fully exercise their stock options until specific conditions are met. Creating and signing a Riverside California Stock Option Agreement via the internet simplifies the process, as it eliminates the need for physical paperwork and allows for electronic signatures. This convenient approach saves time and provides a streamlined method of administering stock options for VIA Internet, Inc. employees and other individuals involved.