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Ontario Key Personnel One-Off Grant of Stock Options
Prepare a One-Off Grant of Stock Options with this template form for Ontario corporations.
- The options are available to key employees, directors and officers of the corporation.
- The option is for a percentage of the participating common shares on a fully diluted basis.
- Option shares are non-voting, but otherwise participate fully with the other common shares.
- The option vests fully immediately upon issue of the grant, however, the optionee must be employed by the company to exercise all or any part of the option.
- Unexercised options expire 90 days after the death of the optionee.
The Ontario Key Personnel One-Off Grant of Stock Options template is available in MS Word format.
Download: Ontario Key Personnel One-Off Grant of Stock Options
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