Common Contracts

6 similar Incentive Stock Option Agreement contracts by Infinite Group Inc

INFINITE GROUP, INC. Incentive Stock Option Agreement Date: December 23, 2019
Incentive Stock Option Agreement • March 30th, 2020 • Infinite Group Inc • Services-computer programming, data processing, etc.

Infinite Group, Inc., a Delaware corporation (the “Company”), pursuant to its 2019 Stock Option Plan (“the Plan”), hereby grants James Villa (the “Optionee”) an incentive stock option to purchase a total of 250,000 shares of the Company’s Common Stock, par value $.001 per share, at the price of $.05 per share on the terms and conditions set forth herein and in the Plan. As used herein, the term “Company” includes any affiliates of the Company.

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INFINITE GROUP, INC. Incentive Stock Option Agreement Date: December 10, 2019
Incentive Stock Option Agreement • March 30th, 2020 • Infinite Group Inc • Services-computer programming, data processing, etc.

Infinite Group, Inc., a Delaware corporation (the “Company”), pursuant to its 2019 Stock Option Plan (“the Plan”), hereby grants Andrew Hoyen (the “Optionee”) an incentive stock option to purchase a total of 200,000 shares of the Company’s Common Stock, par value $.001 per share, at the price of $.04 per share on the terms and conditions set forth herein and in the Plan. As used herein, the term “Company” includes any affiliates of the Company.

INFINITE GROUP, INC. Incentive Stock Option Agreement Date: December 23, 2019
Incentive Stock Option Agreement • March 30th, 2020 • Infinite Group Inc • Services-computer programming, data processing, etc.

Infinite Group, Inc., a Delaware corporation (the “Company”), pursuant to its 2019 Stock Option Plan (“the Plan”), hereby grants Andrew Hoyen (the “Optionee”) an incentive stock option to purchase a total of 250,000 shares of the Company’s Common Stock, par value $.001 per share, at the price of $.05 per share on the terms and conditions set forth herein and in the Plan. As used herein, the term “Company” includes any affiliates of the Company.

INFINITE GROUP, INC. Incentive Stock Option Agreement Date: December 23, 2019
Incentive Stock Option Agreement • March 30th, 2020 • Infinite Group Inc • Services-computer programming, data processing, etc.

Infinite Group, Inc., a Delaware corporation (the “Company”), pursuant to its 2019 Stock Option Plan (“the Plan”), hereby grants Donald Reeve (the “Optionee”) an incentive stock option to purchase a total of 250,000 shares of the Company’s Common Stock, par value $.001 per share, at the price of $.05 per share on the terms and conditions set forth herein and in the Plan. As used herein, the term “Company” includes any affiliates of the Company.

INFINITE GROUP, INC. Incentive Stock Option Agreement Date: July 18, 2017
Incentive Stock Option Agreement • July 21st, 2017 • Infinite Group Inc • Services-computer programming, data processing, etc.

WHEREAS, Infinite Group, Inc., a Delaware corporation (the “Company”) hereby desires to compensate Andrew Hoyen (the “Optionee”) with an origination fee pursuant to the Company’s and the Optionee’s $100,000 line of credit and note agreement which extends through July 31, 2022 (“Financing”); and

INFINITE GROUP, INC. Incentive Stock Option Agreement Date: July 18, 2017
Incentive Stock Option Agreement • July 21st, 2017 • Infinite Group Inc • Services-computer programming, data processing, etc.

WHEREAS, Infinite Group, Inc., a Delaware corporation (the “Company”), hereby desires to retain the services of Andrew Hoyen (the “Optionee”) as a member of the board (“Board”) of directors of the Company; and

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