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FL » Topics » Ten Percent Shareholder

This excerpt taken from the FL 8-K filed Jun 5, 2007.
Ten Percent Shareholder.   In the case of an Incentive Stock Option granted to a Ten Percent Shareholder, (x) the Option Price shall not be less than one hundred ten percent (110%) of the Fair Market Value of the shares of Stock on the date of grant of such Incentive Stock Option, and (y) the exercise period shall not exceed five (5) years from the date of grant of such Incentive Stock Option.

                              (iii)          

"Ten Percent Shareholder" elsewhere:

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