18-148 18-148 . . . Employee Stock Option Plan which recognizes eight levels of responsibility within corporation and which provides that each eligible employee shall receive stock option to purchase that number of shares of corporation common stock that is equal to number derived by dividing option value corresponding to his or her level of responsibility by initial grant price (fair market value on date of grant) according to schedule which ranges from technical and administrative personnel levels one through four with option values from $1,250 through $5,000 to Chief Executive Officer level eight with option value of $100,000. Options are exercisable for up to (a) 50% of shares covered by option at any time after corporation's gross revenues meet or exceed a 30% increase for each of two consecutive calendar years ending following grant of option and (b) 100% of shares covered by option at any time after corporation's gross revenues meet or exceed a 40% increase for each of two consecutive calendar years following grant of stock option
North Dakota Employee Stock Option Plan of Vivigen, Inc.
Category:
State:
Multi-State
Control #:
US-CC-18-148
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Employee Stock Option Plan Of Vivigen, Inc.?
Are you currently in a position that you need files for sometimes company or individual reasons nearly every day? There are a variety of legal file templates available on the Internet, but getting kinds you can rely on is not effortless. US Legal Forms delivers thousands of form templates, just like the North Dakota Employee Stock Option Plan of Vivigen, Inc., which are composed to fulfill state and federal needs.
Should you be previously informed about US Legal Forms website and possess a free account, just log in. Afterward, it is possible to acquire the North Dakota Employee Stock Option Plan of Vivigen, Inc. web template.
If you do not come with an accounts and want to begin to use US Legal Forms, follow these steps:
- Obtain the form you require and ensure it is to the appropriate city/area.
- Take advantage of the Review option to check the form.
- See the explanation to ensure that you have chosen the proper form.
- When the form is not what you`re seeking, take advantage of the Search discipline to discover the form that meets your requirements and needs.
- Whenever you discover the appropriate form, click Buy now.
- Opt for the pricing plan you would like, fill in the desired information to make your bank account, and pay for your order using your PayPal or charge card.
- Select a handy document file format and acquire your version.
Discover each of the file templates you might have purchased in the My Forms menu. You can aquire a additional version of North Dakota Employee Stock Option Plan of Vivigen, Inc. at any time, if required. Just click the necessary form to acquire or produce the file web template.
Use US Legal Forms, by far the most considerable collection of legal kinds, to conserve some time and steer clear of mistakes. The services delivers expertly produced legal file templates which you can use for a variety of reasons. Create a free account on US Legal Forms and initiate producing your daily life a little easier.