SCOX » Topics » VESTING

This excerpt taken from the SCOX 8-K filed Jan 27, 2006.

VESTING

 

Vesting Commencement Date:

 

 

 

 

 

 

Expiration Date:

 

 

 

 

 

 

Date Exercisable:

 

 

 

 

 

 

 

 

 

 

 

 

 

Vesting Schedule:

 

 

 

 

 

 

 

Shares

 

Vest Type

 

Full Vest

 

Expiration

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Optionee understands and agrees that the Option is granted subject to and in accordance with the terms of THE SCO GROUP 2002 OMNIBUS STOCK INCENTIVE PLAN*, (the “Plan).  Optionee further agrees to be bound by the terms of the Plan and the terms of the Option as set forth in the Stock Option Agreement*.  Optionee understands that any Option Shares purchased under the Option will be subject to the terms set forth in the Stock Purchase Agreement, whether said options are purchased electronically or in person*.

 


*Documents available on The SCO Group Intranet.

 

No Employment or Service Contract.  Nothing in this Notice or in the Plan shall confer upon Optionee any right to continue in Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Corporation (or any Parent or Subsidiary employing or retaining Optionee) or of Optionee, which rights are hereby expressly reserved by each, to terminate Optionee’s Service at any time for any reason, with or without cause.

 

Definitions.  All capitalized terms in this Notice shall have the meaning assigned to them in this Notice or in the Stock Option Agreement.

 



 

This excerpt taken from the SCOX 8-K filed Jul 15, 2005.

VESTING

Vesting Commencement Date:    

Expiration Date:

 

or upon earlier termination of the Option.

Date Exercisable:

 

(Date on which the Option Shares first become vested.)

Vesting Schedule:

 

 

Shares


 

Vest Type


 

Full Vest


 

Expiration

        Optionee understands and agrees that the Option is granted subject to and in accordance with the terms of THE SCO GROUP 2004 OMNIBUS STOCK INCENTIVE PLAN*, (the "Plan"). Optionee further agrees to be bound by the terms of the Plan and the terms of the Option as set forth in the Stock Option Agreement*. Optionee understands that any Option Shares purchased under the Option will be subject to the terms set forth in the Stock Purchase Agreement, whether said options are purchased electronically or in person*.

        *Documents available on The SCO Group Intranet.

        No Employment or Service Contract.    Nothing in this Notice or in the Plan shall confer upon Optionee any right to continue in Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Corporation (or any Parent or Subsidiary employing or retaining Optionee) or of Optionee, which rights are hereby expressly reserved by each, to terminate Optionee's Service at any time for any reason, with or without cause.

        Definitions.    All capitalized terms in this Notice shall have the meaning assigned to them in this Notice or in the Stock Option Agreement.

EXCERPTS ON THIS PAGE:

8-K
Jan 27, 2006
8-K
Jul 15, 2005

RELATED TOPICS for SCOX:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki