The Mississippi Stock Option Agreement of Full House Resorts, Inc. is a legal document that outlines the terms and conditions associated with stock option agreements offered by Full House Resorts, Inc. in Mississippi. This agreement provides employees or other individuals the opportunity to purchase company stocks at a predetermined price, known as the exercise price, within a specified time frame. Keywords: Mississippi, Stock Option Agreement, Full House Resorts, Inc., terms and conditions, stock option, purchase, exercise price, specified time frame. There are several types of Mississippi Stock Option Agreements offered by Full House Resorts, Inc. These options may include: 1. Non-Qualified Stock Options: These are stock options that are taxed as ordinary income at the time of exercise. They allow employees or individuals to purchase stocks at a predetermined price, typically lower than the market price. 2. Incentive Stock Options (SOS): These stock options provide more favorable tax treatment, as they are not subject to immediate taxation upon exercise. SOS must meet specific requirements set by the Internal Revenue Service (IRS) and are typically offered to key employees. 3. Restricted Stock Units (RSS): While not technically stock options, RSS are often included in stock option agreements. RSS represents a promise to deliver company stock at a future date, subject to certain forfeiture conditions or vesting schedules. 4. Employee Stock Purchase Plans (ESPN): ESPN are typically offered to all employees of a company, allowing them to buy company stock at a discounted price. These plans often have enrollment periods and specific purchase dates. The specific terms and conditions of each type of Mississippi Stock Option Agreement offered by Full House Resorts, Inc. will vary and should be thoroughly reviewed by participants before making any decisions or exercising their options. It is advisable to seek legal and financial advice to fully understand the implications and potential benefits associated with these agreements.