18-350A 18-350A . . . Stock Incentive Plan which provides for issuance of (a) incentive stock options, (b) Non-qualified Stock Options, (c) stock appreciation rights, (d) restricted stock, (e) unrestricted stock, and (f) performance shares. The Plan permits optionees to pay exercise price of options (i) in cash, (ii) in shares of corporation common stock already owned by optionee, (iii) with combination of cash and shares, (iv) by "pyramiding" shares or (v) by effecting a "cashless exercise". "Pyramiding" is technique whereby optionee requests issuer to automatically apply portion of shares received upon exercise of stock option to satisfy exercise price of additional stock options, resulting in multiple simultaneous exercises of options by use of shares as payment. A "cashless exercise" is technique which allows optionee to exercise stock options without cash through assistance of broker through either simultaneous exercise and sale or broker loan
Utah Stock Incentive Plan of Ambase Corp.
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US-CC-18-350A
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How to fill out Stock Incentive Plan Of Ambase Corp.?
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Related Definitions Omnibus Equity Incentive Plan means the equity compensation plan the Board of Directors has adopted whereby options, shares, and other share awards may be granted to the Corporation's Directors, officers, employees, and consultants.
Related Definitions Omnibus Equity Incentive Plan means the equity compensation plan the Board of Directors has adopted whereby options, shares, and other share awards may be granted to the Corporation's Directors, officers, employees, and consultants.
Omnibus Plan means the Company's shareholder approved incentive plan or plans, which may include long-term equity-based compensation plans, short-term performance-based compensation plans and any other similar plans, as such may be in effect from time to time.
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.
