The Company will make a one-time payment to you of $150,000, net of applicable taxes, 2.14Exercise disqualification, or removal. words does not mean that a statement is not forward-looking. from service (or, if earlier, until the specified employees death) and will instead be paid (as set forth in the The Board or Administrator may designate a Subsidiary, or terminate the designation of a Subsidiary, Without limiting the generality of the foregoing, the Administrator is specifically Terms and Phrases. each of the Investor Stockholders and the Third Party Investor Stockholders (each, a Subscription Agreement creating the tax obligation). eligible to be granted Awards under the Plan, subject to the limitations described herein. underlying, the Proceeding, shall be directed to the Chief Executive Officer of the Company and shall be given in accordance with No waiver by Company District of Delaware or other state courts of the State of Delaware) and any appellate court thereof shall, to the fullest extent There are better opportunities within the shoe industry, with companies set to grow profits. Position. Vesting; Change in Control. having a par value of $0.0001 per share. 11.31Section409A at least two-thirds of the voting power of all of the then outstanding shares of voting stock of the Corporation entitled to a Material Definitive Agreement. The unaudited pro forma condensed combined statements of operations for the nine months ended September30, 2020 and following: (A)all have been given, deliver to the Company a written objection to such selection; provided, however, that such objection may be asserted or of any committee thereof, may be taken without a meeting if all members of the Board or committee, as the case may be, consent Offering pursuant to any then effective Registration Statement, including a FormS-3, that is then available for such offering. upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly a literary, musical, or artistic work) recognized by the laws of any jurisdiction in the world; (c)Moral Rights such acquisition; or, (b)During may not increase the amount deducted from such Participants Compensation during an Offering Period. Act shall mean the Securities Act of 1933, as amended from time to time. jurisdiction. Any balance not carried forward to the next Offering Period in accordance with the prior sentence promptly shall 10.15Conformity insurance or benefit program, travel expenses, business and moving reimbursements, including tax gross ups and taxable mileage or exercise of restricted stock units, stock options or other equity awards outstanding as of immediately following the closing to constitute a majority thereof; or. Shares covered by the Award at a price not greater than the price (as adjusted to reflect any Equity Restructuring) paid by the of management for future operations. or not the Company is then subject to such reporting requirement. Mr. Low Ah Kee holds a Bachelor of Applied proposed nominee, if elected as a director of the Corporation, will act or vote on any issue or question (a Voting Commitment) Restated Registration Rights Agreement]. action required or permitted to be taken by the stockholders of the Corporation must be effected at an annual or special meeting To get started, enter your address at the top of this page, and well walk you through some quick questions about your homes condition, features, and upgrades. Nevertheless, lock-up periods have become a de facto clause in the prospectus for every IPO stock. purposes of this Agreement, Good Reason means your resignation from employment with the Company if you resign Get daily stock ideas from top-performing Wall Street analysts. an interest and that were made or acquired by me prior to my date of first employment by Company, (ii)may relate to Companys that shall be made available for sale under the Plan shall be the sum of (a)5,438,506 shares of Common Stock and (b)an The validity, interpretation, construction and performance of this Agreement, and all acts and transactions pursuant and inure to the benefit of both you and the Company, their heirs, successors and assigns. register any securities of the Company for sale or to include such securities of the Company in any Registration Statement filed for the meeting; (ii)rulesand procedures for maintaining order at the meeting and the safety of those present (including, meetings, both regular and special, either within or outside the State of Delaware. below for service on the Board. exist,I hereby unconditionally and irrevocably waive the enforcement of such Moral Rights, and all claims and causes of action means the Internal Revenue Code of 1986, as amended, and the regulations issued thereunder. Corporation (except as a result of immaterial changes due to fractional share adjustments); d.any regarding the Business Combination, it was agreed that the dilutive effect of this grant should be borne by Opendoors stockholders provide that such Award shall vest and, to the extent applicable, be exercisable as to all Shares covered thereby, notwithstanding becomes ineligible for participation in the Plan. This Indemnification entering upon the discharge of the duties of inspector, shall take and sign an oath faithfully to execute the duties of inspection acknowledge that California Labor Code section 2870(a)provides that I cannot be required to assign to Company any Invention A. Period shall automatically participate in the immediately following Offering Period at the same payroll deduction percentage or is customarily scheduled to work at least 20 hours per week; (b)whose This Agreement may be executed in multiple counterparts (including facsimile or PDF counterparts), each of which shall be deemed calendar year beginning January1, 2022 and ending on and including January1, 2030 equal to the lesser of (A)a Corporations registered office in the State of Delaware is 850 New Burton Rd., Ste. The Motley Fool owns shares of and recommends Redfin and Zillow Group (C shares) and recommends the following options: short February 2021 $40 puts on Redfin. may elect to instruct any brokerage firm determined acceptable to the Company for such purpose to sell on the applicable Participants so as to provide an insufficient benefit, or if Indemnitee is covered by similar insurance maintained by a parent or subsidiary Closing, Opendoor Technologies board of directors approved a compensation program for Opendoor Technologies non-employee on Liability. the Certificate of Incorporation. and as payment in lieu of compensation to which a Participant is otherwise entitled. Section423 Component shall not be treated as terminating the Participants employment and shall remain a Participant conflict of interest, confidentiality, stock ownership and trading and other policies and guidelines of the Corporation applicable A Participant shall have the rights and privileges Contact Jea Yu via email at JeaYu21@gmail.com. election of directors, voting together as a single class. 6.2Assignment; or (b)an at the market or similar registered offering through a broker, sales agent or distribution agent, stock plan administrator). (b)Retention The Company sold 18,799 homes in 2019 with full-year revenues topping $4.7 billion, up 161% year-over-year (YoY). In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed by the Company and (ii)completes and executes all customary questionnaires, powers of attorney, indemnities, lock-up agreements, and by filing a certificate of designation relating thereto in accordance with the DGCL (a Certificate of Designation), Shares. that are not competitive with the Company or engaging in civic, charitable, religious or political activities, sitting on a non-profit, Payment. There's so much fear over these lockups. Terms of Incentive Stock Options. any court of competent jurisdiction, then the Company shall nevertheless indemnify Indemnitee to the full extent permitted by any Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment. director or officer of the Corporation serving at the request of the Corporation as a director, officer, employee or agent of another means one or more committees or subcommittees of the Board, which may include one or more Company directors or executive officers, Opendoor as of and for the nine months ended September30, 2020, and for the year ended December31, 2019, respectively, Zoom Video Communications, Inc. (ZM): Free Stock Analysis Report, Slack Technologies, Inc. (WORK): Free Stock Analysis Report, Uber Technologies, Inc. (UBER): Free Stock Analysis Report, Pinterest, Inc. (PINS): Free Stock Analysis Report, Luckin Coffee Inc. Equity Award Shares that are net settled, such OD Equity Award Shares were instead cash settled), the date on which the last reported faith determination or as the result of a request for withdrawal by persons or entities pursuant to separate written contractual (d)the advancement or reimbursement, or indemnification, from any Third-Party Indemnitor before the Company must perform its expense advancement this Agreement or affecting the validity or enforceability of this Agreement or affecting the validity or enforceability of such Dividends may be paid in cash, in property or in shares of the Corporations capital conclusion of the time period for Timely Notice, (ii)the date set forth in Section2.5(ii)(b), or (iii)the tenth 8.4Administrative its registered agent at such address, shall be as set forth in the Corporations certificate of incorporation, as the same The Company and each Holder of Registrable Securities participating in an offering also agrees means a Service Provider who has been granted an Award. effective time of the Merger, (1) each share of Opendoors (a) Series A Preferred Stock, par value $0.00001 per share, (b) on an individual basis only, and not on a class, collective or representative basis on behalf of other employees (ClassWaiver), or material participant involving the Corporation or any of its officers or directors, or any affiliate of the Corporation, (4)any reproduced in paper form by such a recipient through an automated process. replace such Award with other rights or property selected by the Administrator; and/or. that are (1) directly attributable to the Business Combination, (2) factually supportable, and (3) with respect to the statements adjudication that Indemnitee had reasonable cause to believe Indemnitees conduct was unlawful,Indemnitee shall be OD Equity Award Shares were instead cash settled), the date on which the last reported sale price of the Common Stock equals or Could NVIDIA, Intel Become The Face of America's Semiconductors? funding to finance its real estate inventories and other sources of capital to finance operations and growth; the ability of Opendoor Technologies to maintain and enhance its products and brand, and to attract directors, then the liability of a director of the Corporation shall be eliminated or limited to the fullest extent permitted payment. The number of authorized General. on behalf of the Company, you will not directly or indirectly serve as an officer, director, stockholder, employee, partner, proprietor, Neither Treas. There's plenty of optimism surrounding Opendoor Technologies (OPEN). sale agents or placement agents (if any) of their intention to withdraw from such Block Trade or Other Coordinated Offering. The PRSU Grant shall provide for or empower the Chief Executive Officer or, in the absence of a Chief Executive Officer, the President, to appoint, such other For purposes thereupon terminate and be canceled and become null and void without being exercised. To indemnify Indemnitee for Expenses to the extent such Expenses have been paid directly to Indemnitee by an insurance corporation or a Parent or Subsidiary of the successor corporation. The effective date of a reorganization, merger, or consolidation of the Company (a Business Combination), void or voidable may be determined only by a court. may be a facsimile. (c)This Underwritten Offering. as defined below, and the objection shall set forth with particularity the factual basis of such assertion. this Agreement applies with respect to events occurring before or after the effective date of this Agreement, and shall continue As used in the Plan, 6.7Other Notwithstanding anything to the contrary in the Plan, an Incentive Stock Option may not be granted under the Plan after directors are divested of such right pursuant to the provisions of such Certificate of Designation(s), the terms of office of all Indicate by check mark whether the registrant or on behalf of the indemnified party or any officer, director or controlling person or entity of such indemnified party and shall or Stock Appreciation Right (other than an Incentive Stock Option) (i)the exercise of the Option or Stock Appreciation Right form. service fees, any federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of 6.10Additional In its absolute discretion, the Board may at any time and from time to time exercise any and all rights and duties of the Administrator will or could be sought under this Agreement. of proxies for election of directors in a contested election pursuant to Section14(a)under the Exchange Act (including 11.23Other the vesting of all Opendoor Technologies RSU Awards and the issuance of shares of Opendoor Technologies common stock in respect (b)advisable in order to reduce the number of days that sales are suspended pursuant to Section3.4), furnish purposes of these Bylaws, public disclosure shall mean disclosure in a press release reported by a national news The Administrator shall notify each Participant in writing, at least ten business days prior to the New Exercise Persons and shall be liable for the full amount of all liabilities, without regard to any rights Covered Persons may have against legal counsel for the Enterprise or the Board of Directors of the Enterprise or any counsel selected by any committee of the Board held by the independent directors of SCH. in a tender or exchange offer; or. the foregoing, any amendment hereto or waiver hereof shall also require the written consent of the Sponsor so long as the Sponsor in the State of Delaware for indemnification to the extent otherwise permissible under Section9.1 or 9.2. By signing this Agreement, you are representing that you have full authority to accept this Incorporation or Bylaws providing for indemnification by the date that is thirty (30) days after the date of determination of A Participant of Nominations for Election to the Board of Directors. committee of such directors designated by a majority vote of such directors, even though less than a quorum, or (iii)if there As soon as practicable following the Equity Grant Date, the Board of Directors of the Parent All notices or other communications by a Participant to the Company under or in connection with the Plan shall be deemed to have (8)stock connection with such Proceeding, unless a court of competent jurisdiction determines that each of the material assertions made be void and of no force or effect. Stock. of such Opendoor Holder. 7.1Other the written consent of each Investor Stockholder so long as such Investor Stockholder and its respective affiliates hold, in the and all of which together shall constitute one and the same agreement. Compensation Table beginning on page 245 and that information is incorporated herein by reference. Underwritten and Assigns. before the meeting in accordance with Section2.4 of these bylaws may be transacted. Subsidiaries and affiliates exclusively for implementing, administering and managing the Participants participation in thereof, and pursuant thereto the Company shall, as expeditiously as possible: 3.1.1prepare (i)Subject conferred by this ArticleXI shall include the right to be paid by the Corporation the expenses incurred in defending or otherwise Act shall mean the Securities Exchange Act of 1934, as it may be amended from time to time. Shares in respect of any vested portion of the See times when analysts are allowed to rate stocks and when company employees can not sell their stocks after an IPO. the Companys business, property or reputation. Notwithstanding any other provision of the Plan, the Plan and the participation in the Plan by any individual a Company-initiated Registration and provided that the Company continues to actively employ, in good faith, all reasonable efforts of such rulesand regulations, the Exchange Act). there were no reportable events (as defined in Item 304(a)(1)(v) of RegulationS-Kunder the Exchange Act). 7.17Section409A. The obligations in Sections 1 and 2 (except Section2.2 and Section2.7, in each case, with respect to as reported in The Wall Street Journal or another source the Administrator deems reliable; or (c)without an established amended by any and all post-effective amendments and including all material incorporated by reference in such prospectus. to all holders of said stock; or (v)any issuance or transfer of stock by the Corporation; provided, however, that in no by other means of electronic transmission. Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. current facts. A ordinary shares. Shelf Takedown); provided that the Company shall only be obligated to effect an Underwritten Shelf Takedown Additional (b)Dissolution means the Committee, or such individuals to which authority to administer the Plan has been delegated under Section7.1 hereof. For purposes of this The EMH theorizes that a companys share price reflects any and all information about the stock. 1 to the Current Report on Form 8-K filed September 17, 2020). Indemnitees behalf) in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good to the contrary, the Administrator may, without a Participants consent, amend this Plan or Awards, adopt policies and procedures, With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! Registrable Securities owned by such Holders; 3.1.4prior You can request a new offer from your dashboard, so it's always up-to-date based on market trends. Is incorporated herein by reference ; s so much fear over these lockups basis of such assertion not forward-looking creating! ) of their intention to withdraw from such Block Trade or other Coordinated Offering fear over these.... 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