Arkansas Approval of Stock Option Plan

State:
Multi-State
Control #:
US-CC-18-211B-NE
Format:
Word; 
Rich Text
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This sample form, a detailed Approval of Stock Option Plan, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

The option plan must be approved by the stockholders within 12 months before or after the plan is adopted (see also Explanation: §423, Shareholder Approval Requirement) (IRC § 422(b)(1); Reg. §1.422-3).

An option grant is a right to acquire a set number of shares of stock of a company at a set price. Definition of Option Grant - Cooley GO cooleygo.com ? glossary ? option-grant cooleygo.com ? glossary ? option-grant

Granting an option requires the formal approval of your company's Board of Directors, either at a formal Board meeting or by a written consent signed by all of the members of the Board.

The option plan must be approved by the stockholders within 12 months before or after the plan is adopted (see also Explanation: §423, Shareholder Approval Requirement) (IRC § 422(b)(1); Reg. §1.422-3). Plan Requirements - Income Taxes - Deferred Compensation, Etc. cch.com ? federal ? irc ? explanation cch.com ? federal ? irc ? explanation

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Arkansas Approval of Stock Option Plan