Ontario Key Personnel One-Off Grant of Stock Options

$29.99

Give your key personnel an incentive to stay with the company by issuing them stock options. This One-Off Grant of Stock Options template is for Ontario corporations.

  • The grant of option is for a percentage of the participating common shares on a fully diluted basis.
  • Option shares are non-voting, but they otherwise have all the same rights as 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 downloadable and fully editable to fit your business needs.
Download Type: Microsoft Word
SKU: 1063
Last Updated: 14-Apr-2016
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Create a Stock Option Plan for key employees and directors of a Canadian company with this template Employee and Director Stock Option Plan.

  • Participation in the Stock Option Plan is voluntary.
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  • The company's board of directors will determine which employees are eligible to receive stock options.
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$29.99