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Automatic Extension of Stock Option Term Because of Inability to Exercise Due to Delinquent Company SEC Filings (PDF)
FW Cook
Aug. 30, 2007 2 pages. Excerpt: The inclusion of an automatic extension provision would give appropriate protection to an optionee who is not responsible for the inability to exercise a stock option before it expires and would avoid the necessity of the company considering cash or other payments to the optionee as compensation for the expired stock option. MORE >> |
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