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Stock Options Delaware

Morris James LLP

Delaware Supreme Court Examines Contractual Ambiguity of Waiver Clauses

Morris James LLP on

Terrell v. Kiromic Biopharma, Inc., No. 131, 2024 (Del. Jan. 21, 2025) - In a decision addressing the interpretation of waiver clauses within stock option agreements, the Delaware Supreme Court reversed the Court of...more

Troutman Pepper Locke

Delaware Updates Rules for Equity Award Delegations

Troutman Pepper Locke on

A board of directors of a Delaware company may delegate its authority to grant equity awards if certain requirements enumerated in the Delaware General Corporation Law (DGCL) are met. Effective August 1, 2023, updates were...more

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