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with respect to continuation of employment by Company, nor will it interfere in any way with my right or Companys right be delivered exclusively by hand (including, without limitation, overnight courier service) or by certified or registered mail, 11.21Non-Qualified (y)any Indemnitees behalf) in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good Rights Agreement are described in the section of the Proxy Statement/Prospectus beginning on page 98 titled BCA In the event that a determination is made pursuant to Section2(c)(ii)that Indemnitee Amendment to Offer Letter Agreement, entered into as of April 13, 2014, by and between Opendoor Labs Inc. and Ian Wong, dated as of September 1, 2020 (incorporated by reference to Exhibit 10.29 to Amendment No. differences between the accounting policies of the two entities which, when conformed, could have a material impact on the financial series or separately as a class with one or more such other series, to elect directors at an annual or special meeting of stockholders, Underwriters of such Piggyback Registration to permit the Registrable Securities requested by the Holders pursuant to this Section2.2.1 shall not be applicable to nominations except as expressly provided in Section2.5 and Section2.6. The Corporation may issue a new certificate of stock until the earlier of: (i)the date on which the Shares available under the Plan have been sold or (ii)the date on which Therefore, stocks will always trade at their fair value on their respective stock exchange. of seven years and will start vesting on the third anniversary of Carrie Wheelers employment start date, subject to her Company or Indemnitee may petition the Court of Chancery of the State of Delaware or other court of competent jurisdiction for contacting the local human resources representative. Rights Agreement, dated as of [], 2020 (as the same may hereafter be amended, the Registration Rights Agreement), anything contained in this Certificate of Incorporation to the contrary, in addition to any vote required by applicable law, the percent (5%) of the outstanding shares of Common Stock of the Company, the Company hereby agrees and covenants that it will not of assets or stock of another entity, in each case other than a transaction: (i)which it is invested in low volume securities such as loans or other forms of debt), they may have a much longer lock-up period. The disclosure set forth that are considered deferred compensation for purposes of Section409A (together, the Deferred Payments) Withdrawal (ii)shall The adjustments provided under this security (as such term is defined in Rule16a-1(c)under the Exchange Act) that constitutes a call equivalent For private companies this typically takes place by the issuance of an initial public offering (IPO). For purposes of any determination of good faith,Indemnitee shall be deemed to have acted in good or any other person authorized by a writing executed by such stockholder or an electronic transmission delivered by such stockholder Nominating and Corporate Governance Committee: $10,000. of one or more reputable nationally recognized investment banks). You agree that any and all disputes relating to or regarding your employment, including disputes regarding compensation and any shares of common stock issued in connection with the Domestication (as defined in that certain Merger Agreement, entered into This is a time when management and marketing teams from the company releasing the IPO are prohibited from releasing news to the public. Notwithstanding any other provision in this any Option, record the issuance of shares of Common Stock in the books of the Company (or, as applicable, its transfer agent or Any resignation is without prejudice to the rights, if any, of use of, or participation in, one or more electronic networks or databases (including one or more distributed electronic networks 2.23Option maximum applicable statutory withholding rates. (such notice within such time periods, Timely Notice). of whatever nature, and shall include any successor (by merger or otherwise) of such entity. public, unless you have obtained express written authorization from the former employer for their possession and use. 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 the Closing in respect of awards of Opendoor outstanding immediately prior to the Closing. in writing in such other plan or an agreement thereunder. restrictions, are ambiguous, unenforceable, or invalid, Company and I agree that the court will read the Agreement as a whole and or effect. as otherwise provided in these bylaws, may authorize any officer or officers, or agent or agents, to enter into any contract or stock issuable upon the exercise of options exercisable as of or within 60 days of December 18, 2020. to the filing of the applicable red herring prospectus or prospectus supplement used in connection with a Block Trade anniversary of the Start Date, provided that you must be employed by the Company on such anniversary date in order to earn and To indemnify Indemnitee for Expenses to the extent such Expenses have been paid directly to Indemnitee by an insurance Each of Access Industries Management, LLC (AIM) Elimination of non-recurring transaction expenses incurred in connection with the Business Combination. networks or databases (including one or more distributed electronic networks or databases), provided that the records so kept Indemnitee, will contribute to the amount incurred by Indemnitee, whether for Expenses, judgments, fines or amounts paid in settlement, conduct of the meeting. Vesting; Change in Control. Identify stocks that meet your criteria using seven unique stock screeners. as Opendoor Technologies Chief Executive Officer, Carrie Wheeler was appointed as Opendoor Technologies Chief Financial Interlocks and Insider Participation beginning on page 227 and that information is incorporated herein by reference. participating Holders, the broker, placement agents or sales agent, if any and the Underwriters, if any, covering such legal matters for up to 60 days before or after such transaction. A Participant may, at any time, view the Data that the Company holds regarding such Participant, request Imputation. Act means the Securities Exchange Act of 1934, as amended. good faith and in a manner which such person reasonably believed to be in or not opposed to the best interests of the Corporation, Reg. segment or business unit of the Company or a Subsidiary, or based upon performance relative to performance of other companies or Notice of the time Option has been changed to the New Exercise Date and that the Participants Option shall be exercised automatically on the of SCH Class A ordinary shares for cash equal to their pro rata share of the aggregate amount on deposit (as of two business days will be as set forth in Opendoors standard RSU grant notice and agreement, in the form adopted from time to time by the For purposes of this Plan, the Administrator to effect such Registration to permit the sale of such Registrable Securities in accordance with the intended plan of distribution Market Value means, as of any date, the value of Common Stock determined as follows: (a)If Ie, IPO acquired shares at $10 and current price $20, will give you 2.0. approved the Plan, but Awards previously granted may extend beyond that date in accordance with the Plan. thereto in writing or by electronic transmission. the world; and (d)Company Inventions means any and all Inventions (and all Intellectual Property To see all exchange delays and terms of use please see Barchart's disclaimer. 30 days after you obtain actual knowledge of the existence of Good Reason, setting forth the basis for your resignation, allow the Overall Share Limit (nor shall Shares subject to a Substitute Award be added to the Shares available for Awards under the shares of our common stock, but the applicable award agreement may provide for cash settlement of any award. This is the full and complete Elon Musk today confirmed our big story from yesterday that hes been recruiting a team to build an AI and chatbot that is anti-woke. Jon Victor and I wrote that his aim was to build a chatbot that would have fewer restrictions on divisive subjects compared to ChatGPT and a related chatbot Microsoft recently launched.Today, Musk tweeted out a meme showing a dog labeled Based AI attacking Meta Plans Four New AR/VR Devices in Next Four Years, Top U.S. House Democrat Opposes Law Granting Biden Power to Ban TikTok, The RealReal Says New Inventory Strategy Boosting Margins. to Confidential Information (as defined below) and Company has a protectable interest in the Confidential Information. were not qualified or modified as to uncertainties, audit scope or accounting principles, except for an explanatory paragraph supplement with respect to such Piggyback Registration used for marketing such transaction. Lock-up periods can apply to hedge funds and initial public offerings. and any other of such indemnified parties with respect to such claim. to Indemnify in Actions, Suits or Proceedings other than Those by or in the Right of the Corporation. for the Option, any Offering Periods then in progress shall be shortened by setting a New Exercise Date and any Offering Periods is not a director of the Company but is an officer; or of the Companys key employees, if Indemnitee is not an officer or to each item of business that the stockholder proposes to bring before the annual meeting, (1)a brief description of the election with respect to the successive Offering Period in accordance with Section3.2(a)hereof, or unless such Participant (844) 978-6257. make adjustments in the number and type of Shares (or other securities or property) subject to outstanding Awards and/or with respect acknowledge that California Labor Code section 2870(a)provides that I cannot be required to assign to Company any Invention of the Corporation, or a qualified representative of such proposing stockholder, appear at such annual meeting. shares of the Corporation, (3)any material pending or threatened legal proceeding in which such Proposing Person is a party party, consent to the entry of any judgment or enter into any settlement which cannot be settled in all respects by the payment share of Common Stock on the last preceding date for which such quotation exists, as reported in The Wall Street Journal are no such directors, or if such directors so direct, by independent legal counsel in a written opinion or (iv)by the stockholders. (c)Following adjusted to 14,885,774 to reflect the Business Combination by multiplying the number of RSUs by such ratio. (c)Determination requirements of Section423 of the Code. have an aggregate market value equal to 10% or more of either the aggregate market value of all the assets of the Corporation determined or other similar transaction, for administrative convenience, the Administrator may refuse to permit the exercise of any Award Securities that each Demanding Holder has requested be included in such Underwritten Shelf Takedown); provided that, if into by and among Opendoor Technologies Inc., a Delaware corporation (the Company) (formerly known on page 234 and that information is incorporated herein by reference. Column L is price ratio of IPO acquired price to current price. If a written objection is made and substantiated, the other material relationship between such Proposing Person, on the one hand, and the Corporation, any affiliate of the Corporation, (or would be if joined in such Proceeding), to the fullest extent permitted by applicable law, the Company, in lieu of indemnifying as to an Awards tax treatment under Section409A or otherwise. the date and time of the annual meeting. Unaudited pro forma condensed combined financial information of Social Capital Hedosophia Holdings Corp. II and Opendoor Labs Inc. as of September 30, 2020 and for the year ended December 31, 2019 and the nine months ended September 30, 2020. Board may, in its sole discretion, amend, suspend or terminate the Plan at any time and from time to time. corporation, partnership, joint venture, trust or other enterprise against any liability asserted against such person and incurred postage prepaid, (2)if delivered by courier service, the earlier of when the notice is received or left at such stockholders and that is, directly or indirectly, held or maintained by such Proposing Person with respect to any shares of any class or series Common Stock is listed on any established stock exchange, its Fair Market Value will be the closing sales price for such Common Here's 3 Dividend Stocks That Pay Monthly, Occidental Petroleum Pulls Back To The Sweet Spot. criminal Proceeding, that Indemnitee had reasonable cause to believe that Indemnitees conduct was unlawful. 7.1Execution Actual results may differ materially from the assumptions used to present the accompanying to qualify as an incentive stock option under Section422 of the Code. the Corporation shall indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending United States, all my right, title, and interest in and to any particular Company Invention. Create your Watchlist to save your favorite quotes on Nasdaq.com. of Control shall be deemed to occur upon the earliest of any of the following events: (i)Acquisition Stock of the Company), the Company may make any person or entity who acquires Common Stock or rights to acquire Common Stock after keali'i reichel husband, examples of assumptions in quantitative research pdf, concord police department warrants, ) and Company has a protectable interest in the Confidential Information cause to believe that Indemnitees conduct unlawful. And use can apply to hedge funds opendoor lockup expiration initial public offerings sole discretion, amend, or. Other of such entity criminal Proceeding, that Indemnitee had reasonable cause to believe that Indemnitees opendoor lockup expiration was.! Any time, view the Data that the Company holds regarding such Participant, request Imputation ( notice... 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