Stock Option Agreement #2 - The Corporate Advisory Board Co. and. In the event of a change in control of the Company,all outstanding options under the Companys stock option plans, except the Director Plan, will, unless otherwise determined by the plan administrator,become fully exercisable, and will be cashed out at an amount equal to thedifference between the applicable change in control price and the exerciseprice. Options and continue to be held by the Optionee; and ii upon the date, if ever, the "Second Dilution Date" that the Base Stock Amount first equals.
Job Loss And Your Stock Grants Part 1 Options, A change in control under these plans is generally defined as (i) the acquisition by any person of 50% or more of the combined voting power of the Companys outstanding securities, or (ii) the occurrence of a transaction requiring shareholder approval and involving the sale of all or substantially all of the assets of the Company or the merger of the Company with or into another corporation. Know your company's rules for the treatment of stock compensation upon job termination. Examine your stock grant agreement, any offer letter or employment.
Understanding Your Options- Stock Options Checklist - Generally, Cause is defined to include a felony conviction, willful disclosure of confidential information or willful and continued failure to perform his or her employment duties. The ten most important questions about your stock options are as follows. Sometimes, upon certain "changes in control" of a company, stock option vesting.