18-122 18-122 . . . Incentive Stock Plan under which (a) Compensation Committee can grant awards of common Stock to employees, consultants and directors, (b) each outside director will automatically receive an award of 10,000 shares of common stock if, on or before specified date, corporation is producing or has produced not less than 3,000 barrels of crude oil per day and obtained necessary financing to permit development of a named oil field, and (c) each outside director shall receive stock award of 250 shares of common stock for each meeting of Board of Directors that such director attends
Maine Incentive Stock Plan of Chaparral Resources, Inc.
Category:
State:
Multi-State
Control #:
US-CC-18-122
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Incentive Stock Plan Of Chaparral Resources, Inc.?
US Legal Forms - one of many largest libraries of authorized types in America - offers a wide range of authorized papers templates you may obtain or print out. While using site, you may get 1000s of types for business and person purposes, sorted by groups, suggests, or keywords and phrases.You can find the most recent types of types much like the Maine Incentive Stock Plan of Chaparral Resources, Inc. in seconds.
If you have a membership, log in and obtain Maine Incentive Stock Plan of Chaparral Resources, Inc. from your US Legal Forms local library. The Acquire key will show up on each type you perspective. You gain access to all previously downloaded types within the My Forms tab of your respective accounts.
If you wish to use US Legal Forms the first time, listed below are basic instructions to get you started out:
- Make sure you have chosen the proper type for your town/county. Click the Preview key to analyze the form`s content. See the type description to ensure that you have selected the correct type.
- In the event the type doesn`t satisfy your needs, use the Lookup area towards the top of the monitor to discover the one which does.
- If you are pleased with the form, confirm your selection by visiting the Purchase now key. Then, pick the rates program you like and provide your credentials to register to have an accounts.
- Process the transaction. Utilize your charge card or PayPal accounts to perform the transaction.
- Pick the structure and obtain the form on your gadget.
- Make adjustments. Complete, modify and print out and signal the downloaded Maine Incentive Stock Plan of Chaparral Resources, Inc..
Each format you included in your account lacks an expiry particular date and is also yours forever. So, if you would like obtain or print out another duplicate, just go to the My Forms area and click in the type you will need.
Gain access to the Maine Incentive Stock Plan of Chaparral Resources, Inc. with US Legal Forms, by far the most considerable local library of authorized papers templates. Use 1000s of expert and status-certain templates that satisfy your business or person demands and needs.
Form popularity
FAQ
An incentive stock option (ISO) is a corporate benefit that gives an employee the right to buy shares of company stock at a discounted price with the added benefit of possible tax breaks on the profit.
They provide employees the right, but not the obligation, to purchase shares of their employer's stock at a certain price for a certain period of time. Options are usually granted at the current market price of the stock and last for up to 10 years.