Business
Option Grant Agreement
California
What is 'strike price' in my employee stock option agreement?
Want to learn more about the agreement that is being presented to me. There is a 'strike price' that I am suppose to pay?
1 Attorney answer
Answer
Business
California
Michael M.
ContractsCounsel verified
The strike price is defined as the price that the employee can exercise his/her options at. For example, if the strike price is $1.00, at the point the 100s options have vested, the aggregate amount owed to exercise would be $100.00
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