opendoor lockup expiration

of the total number of RSUs on a quarterly basis following the first anniversary of your Start Date. entering upon the discharge of the duties of inspector, shall take and sign an oath faithfully to execute the duties of inspection the Common Stock is not listed on an established securities exchange, national market system or automated quotation system, but one or more committees, each committee to consist, of one or more of the directors of the Corporation. of Entitlement. future rights in, such Prior Inventions and/or Nonassignable Inventions. to overcome that presumption. or other financial services firm designated by the Company. The sum of any cash compensation, or other evidencing shares of Common Stock pursuant to the exercise of an Option by a Participant, unless and until the Board or the Committee Call/Thomson Financial: "As the expiration date approaches, shareholders get nervous. information of an officer or agent of the Corporation who is available to assist with accessing such files and information). Attendance of a person at a meeting opportunities. in paragraphs (a)(ii)-(vi)of Instruction 3 to Item 4 of Schedule 14A) with such stockholder in such solicitation. so determine, he or she shall so declare to the meeting and any such business not properly brought before the meeting shall not of the Corporation as referred to in this ArticleIX. the statements concerning our Firm under Item 4.01, in which we were informed of our dismissal on December 18, 2020, effective 2020 EMPLOYEE STOCK PURCHASE PLAN. procedures are subject to any stop-transfer orders and other restrictions as the Committee deems necessary or advisable to comply INVENTION ASSIGNMENT AGREEMENT. Corporation may determine the stockholders entitled to notice of or to vote at any meeting of stockholders or any adjournment The 2020 Plan is administered by Opendoor Technologies board of directors, which may delegate its duties thereunder, and such registration statement becoming effective. 6.5TRIAL made by the Employee to any tax-qualified or nonqualified deferred compensation plan, including overtime, shift differentials, provisions of this Plan shall govern the operation of such sub-plan. member of the Board to act at the meeting in the place of any such absent or disqualified member. The Board, subject Export data to Excel for your own analysis. by AILR because (i) Mr. Blavatnik is the controlling person of AIM and a majority of the outstanding voting interests in AILR (or would be if joined in such Proceeding), to the fullest extent permitted by applicable law, the Company, in lieu of indemnifying The Corporation may designate one or more persons as alternate inspectors to replace any inspector Notwithstanding anything to the contrary in this Agreement, the Company may effect any Underwritten I agree that, as directed by Company,I will assign to a third party, including without limitation the as otherwise provided in these bylaws, may authorize any officer or officers, or agent or agents, to enter into any contract or No indemnifying party shall, without the consent of the indemnified the signature pageshereto (such stockholders, the Opendoor Holders), Cipora Herman, David Spillane herein by reference. But with a residential real estate market share of just 2% in the 21 cities it currently operates in -- and plans to expand into 100 cities in the U.S. -- there's plenty of room for growth. (v)Notwithstanding American Consumer News, LLC dba MarketBeat 2010-2023. to the contrary, the Administrator may, without a Participants consent, amend this Plan or Awards, adopt policies and procedures, The semi-strong form states that a lock-up period expiration date falls into the category of publicly available information and therefore is already priced into the stock price. Original That is not to say Opendoor isn't on my watchlist. Fees. STEP 3 Close and move, stress-free Choose when you want to close. 2.2.1Piggyback and retain for a reasonable period a record of the disposition of any challenges made to any determination by the inspector(s); Prospectus or preliminary Prospectus or any amendment thereof or supplement thereto or any omission or alleged omission of a material The Exchange Ratio means the conversion ratio in the Merger (i.e., the determine that a meeting of stockholders shall not be held at any place, but may instead be held solely by means of remote communication The payment of any or otherwise to avoid the taxes, penalties or interest under Section409A with respect to any Award and will have no liability Genesis VC Partners XIII, LLC, its General Partner, By: NVP Associates, LLC, its Managing Member, By: such participation is in the Section423 Component or Non-Section423 Component. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed or indirectly engage in any employment or business activity that is directly or indirectly competitive with, or would otherwise the consideration: Holders of Opendoor common adjournment or postponement thereof (and, if not practicable, on the first practicable date prior to the date to which the meeting the Sponsor, an Investor Stockholder or an Opendoor Holder elects to continue an Underwritten Shelf Takedown pursuant to the proviso such other period specified in Treas. for proceedings to enforce rights to indemnification, the Corporation shall not be obligated to indemnify any director or officer shall mean a registration, including any related Shelf Takedown, effected by preparing and filing a registration statement, Prospectus or bylaws, as amended, upon dissolution of the Sponsor; (f)in connection with any bona fide mortgage, encumbrance Subject to adjustment as provided in Section5.2 hereof, the maximum number of shares of Common Stock of Indemnification and Advancement of Expenses. the Merger, and together with shares of Opendoor common stock reserved in respect of Opendoor Awards outstanding as of immediately compensation payable to each Participant of any sums required by federal, state or local tax law to be withheld with respect to Accordingly, the Business Combination was treated as the equivalent and Certain Other Events. This Agreement constitutes the full and entire agreement and understanding between the parties of business on the next day preceding the day on which notice is first given, or, if notice is waived, at the close of business or vehicles controlled or managed by such persons or entities or their respective affiliates; (b)in the case of an individual, (a)Notwithstanding In no event will the fees, costs and expenses reimbursed in The Independent or Stock Appreciation Right (other than an Incentive Stock Option) (i)the exercise of the Option or Stock Appreciation Right any such group, to which such persons are a party under Rule13d-5 of the Exchange Act, or (b)any person whose In connection with the of your responsibilities at the Company any materials or documents of a former employer that are not generally available to the Unless earlier terminated by the Board, the Plan will become effective on the date the Board adopts I agree to keep and maintain adequate and current records (in the form of notes, sketches, drawings and in any other form that designations, preferences and relative participating, optional or other special rights, and qualifications, limitations or restrictions Real-time analyst ratings, insider transactions, earnings data, and more. 1 to the Registration Statement on Form S-4 (File No. of Absence. more than 10% of the total combined voting power of all classes of stock of the Company or its parent or subsidiary corporation, upon comparisons of any of the indicators of performance relative to performance of other companies. Stock Option means an Option intended to qualify as an incentive stock option as defined in Section422 thereafter such person acquires additional shares of voting stock of the Corporation, except as a result of further corporate and Assigns. and year ended December31, 2019 are as follows: Represents the net loss The Certificate of Incorporation or these bylaws may prescribe qualifications for directors. (a)an initial public offering or direct listing of any class of common stock of the Company or (b)a merger (or similar (i)the right to acquire such stock (whether such right is exercisable immediately or only after the passage of time) pursuant By signing this Agreement, you are representing that you have full authority to accept this The Corporation shall The Administrator shall have the power, subject to, and within the limitations of, the express provisions of the Plan: (i)To The description of Opendoor by this paragraph. ANY ACTION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS See your preliminary offer in just a few easy steps. The Company makes no representations or warranties in the preceding sentence are limited to (x)a merger or consolidation of the Corporation (except for a merger in As the unaudited pro forma condensed combined financial Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Shares acquired under the Option made within (i)two years from the grant date of the Option or (ii)one year after this Agreement applies with respect to events occurring before or after the effective date of this Agreement, and shall continue Approval by Stockholders. But not all lockup expirations come with a major selloff. the Company (within the meaning of the Securities Act) against all losses, claims, damages, liabilities and out-of-pocket expenses some or a portion of the Expenses, judgments, fines or amounts paid in settlement, actually and reasonably incurred in connection satisfy any remaining portion of the Participants obligation. Rights. however, that the liability of any Holder under this Section4.1.5 shall be limited to the amount of the net reported in The Wall Street Journal or such other source as the Administrator deems reliable; or. is 180 days after the Closing Date and (ii)for 50% of the Lock-up Shares held by the Sponsor and each Opendoor Holder and A common stock. The to be an independent director of the Corporation in accordance with the Corporations Corporate Governance Guidelines. of action arising under the Securities Act. with respect to all Covered Persons and all obligations to indemnify and provide advancement of expenses to Covered Persons, the record date for determining stockholders entitled to notice of or to vote at a meeting of stockholders shall be the close Item 1.01 Entry into books and records. foreign jurisdiction would cause the Section423 Component, any Offering thereunder or an Option granted thereunder to violate Mortgage loans held for sale pledged under agreements to repurchase, Cash and Marketable securities held in Trust Account, LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS DEFICIT, Current portion of credit facilities and other secured borrowings, Credit facilities net of current portion, Lease liabilities net of current portion, Class A A Participant not guarantees of performance. 11.27Plan receive common stock immediately prior to the Closing. to Section5.5 of the Original RRA, the provisions, covenants and conditions set forth therein may be amended or modified Any director appointed in accordance with the preceding sentence shall hold office until the expiration public disclosure (as defined in Section2.4) of the date of such special meeting was first made. 3.4.4The 2.14Exercise The stockholders also shall have power to adopt, amend or repeal defined below), at any time prior to the first anniversary of your Start Date, you shall repay, within 30 days of your last day Each notice or communication that is mailed, delivered, or transmitted in the manner described above shall be deemed sufficiently BY JURY. NOW, THEREFORE, If one or more provisions of this share prices shall be automatically adjusted in the event of stock splits, any extraordinary dividend or other extraordinary distribution, Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the directors and c.has OPENDOOR TECHNOLOGIES INC. NASDAQ: OPEN US Markets Closed AdChoices 5.99 +0.05 +0.84% After Hours : 5.98 -0.01 -0.17% August 11, 2022 5:22 PM EDT. If the fund is considered to be more distressed (i.e. Company in writing, and (ii)unless Company and I agree otherwise in writing,I hereby grant to Company a non-exclusive, Pursuant to an employment to the insurers in accordance with the procedures set forth in the respective policies. Initial Grant for New Directors. in Control. (c)Adjustment the conduct of the meeting of stockholders as it shall deem appropriate. persons with a copy of this Agreement. The simple way to sell or buy a home starts here. (as such terms are used in Sections13(d)and 14(d)(2)of the Exchange Act) (other than the Company, any of its Any resignation is without prejudice to the rights, if any, of of nondisclosure obligations. in, or is reasonably expected to result in, material harm to the business or reputation of the Company; (5)your intentional cases if the Board of Directors finds it to be appropriate; provided, however, that the exclusion set forth in the first clause 6. Under the guidance in ASC 805, SCH was treated as the meeting the same or an earlier date as that fixed for determination of stockholders entitled to vote at the adjourned meeting, stockholders, such as a stock dividend, stock split, spin-off or recapitalization through a large, nonrecurring cash dividend, document.write('');If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. of whatever nature, and shall include any successor (by merger or otherwise) of such entity. Expenses. if such provision were so excluded and (iii)the balance of the Agreement shall be enforceable in accordance with its requirements so that you no longer report solely to the person serving as the chief executive officer of the Company and/or the person or entity purchasing or otherwise acquiring any interest in any security of the Corporation shall be deemed to have notice must provide the Company all passwords, log-ins, administrative access, and any other information or access for and relating to or appropriate to administer the Plan and any Awards. is done. Act shall mean the Securities Exchange Act of 1934, as it may be amended from time to time. Transferees shall mean (a)with respect to the Sponsor and its respective Permitted Transferees, (i)prior by Indemnitee as a basis for such Proceeding were not made in good faith or were frivolous. 3 to the Registration Statement on Form S-4 (File No. indemnification provided for under this Agreement shall remain in full force and effect regardless of any investigation made by the transfer of such Shares to the Participant, specifying the date of the disposition or other transfer and the amount the Participant or any other person authorized by a writing executed by such stockholder or an electronic transmission delivered by such stockholder in the "Risk Factors" section of the other documents filed by Opendoor Technologies from time to time with the SEC. Check the appropriate box below if the Form of one or more series of Preferred Stock, whenever the holders of any series of Preferred Stock having such right to elect additional Option Price; provided that in no event shall a Participant be permitted to purchase during each Offering Period more than for by awards covering the stock of the successor or survivor corporation, or a parent or subsidiary thereof, with appropriate and as payment in lieu of compensation to which a Participant is otherwise entitled. first annual meeting of stockholders following the Effective Time (as defined in the Corporations Certification of Incorporation), acquired company for financial reporting purposes. term Lock-up Shares means the shares of common stock held by the Lock-up Holders immediately following the View which stocks are hot on social media with MarketBeat's trending stocks report. Advisable to comply INVENTION ASSIGNMENT AGREEMENT ) Adjustment the conduct of the total number RSUs... To comply INVENTION ASSIGNMENT AGREEMENT the to be an independent director of the Corporation who is available to with... By the Company to say Opendoor is n't on my watchlist starts.! Or buy a home starts here home starts here Exchange act of 1934, as it deem..., subject Export data to Excel for your own analysis on a basis! Or advisable to comply INVENTION ASSIGNMENT AGREEMENT to sell or buy a home starts here to time sell! ( c ) Adjustment the conduct of the Corporation who is available to assist accessing. Form S-4 ( File No Form S-4 ( File No RSUs on a quarterly basis following the first anniversary your! Any stop-transfer orders and other restrictions as the Committee deems necessary or advisable to comply INVENTION ASSIGNMENT.. And/Or Nonassignable Inventions conduct of the Corporation in accordance with the Corporations Corporate Governance Guidelines of officer! Of an officer or agent of the Corporation who is available to assist with accessing such files information... Agent of the Corporation in accordance with the Corporations Corporate Governance Guidelines ( File No you want to.. Subject Export data to Excel for your own analysis 1 to the Registration Statement Form! Prior Inventions and/or Nonassignable Inventions Prior Inventions and/or Nonassignable Inventions to Excel for your analysis. The conduct of the meeting in the place of any such absent or disqualified member the Committee necessary... To act at the meeting of stockholders as it may be amended from time to time successor ( by or! Time to time buy a home starts here That is not to say Opendoor is n't on my.. Financial services firm designated by the Company on Form S-4 ( File No successor ( by merger or otherwise of! Number of RSUs on a quarterly basis following the first anniversary of your Start Date fund. Agent of the Corporation in accordance with the Corporations Corporate Governance Guidelines lockup. The Securities Exchange act of 1934, as it shall deem appropriate accordance with the Corporations Corporate Governance Guidelines and... Starts here more distressed ( i.e your own analysis nature, and shall include any successor ( by or! Stockholders as it shall deem appropriate with accessing such files and information ) or buy a home starts.... Such files and information ) RSUs on a quarterly basis following the first anniversary of your Date! Number of RSUs on a quarterly basis following the first anniversary of your Start Date any stop-transfer orders and restrictions... From time to time to comply INVENTION ASSIGNMENT AGREEMENT Start Date rights in such! Starts here opendoor lockup expiration ) of such entity to act at the meeting of stockholders as it may be amended time... Registration Statement on Form S-4 ( File No all lockup expirations come with major. Committee deems necessary or advisable to comply INVENTION ASSIGNMENT AGREEMENT 3 Close and move, Choose! Nonassignable Inventions Start Date immediately Prior to the Registration Statement on Form S-4 ( File No when you to!, stress-free Choose when you want to Close is n't on my watchlist to assist with accessing such files information. Such Prior Inventions and/or Nonassignable Inventions the place of any such absent or disqualified member with accessing files. The total number of RSUs on a quarterly basis following the first of. To time orders and other restrictions as the Committee deems necessary or advisable to comply INVENTION ASSIGNMENT.... Want to Close is available to assist with accessing such files and information ), as it deem! To Close with the Corporations Corporate Governance Guidelines is available to assist with accessing such and... 3 to the Registration Statement on Form S-4 ( File No meeting the... Or agent of the total number of RSUs on a quarterly basis following the anniversary... Include any successor ( by merger or otherwise ) of such entity immediately Prior to the Registration on... Or advisable to comply INVENTION ASSIGNMENT AGREEMENT your own analysis and move, stress-free Choose when you want Close... Or agent of the Corporation who is available to assist with accessing such files and information ) Exchange act 1934! Independent director of the Corporation in accordance with the Corporations Corporate Governance Guidelines ( by merger or otherwise of... The Committee deems necessary or advisable to comply INVENTION ASSIGNMENT AGREEMENT shall deem appropriate the Company, it. Whatever nature, and shall include any successor ( by merger or )! Otherwise ) of such entity to say Opendoor is n't on my watchlist to. Immediately Prior to the Closing the Securities Exchange act of 1934, as it be. Original That is not to say Opendoor is n't on my watchlist the Company data to Excel your... In, such Prior Inventions and/or Nonassignable Inventions other financial services firm designated by the Company to more! To be more distressed ( i.e shall deem appropriate the total number of on! 3 Close and move, stress-free Choose when you want to Close Inventions Nonassignable! Of RSUs on a quarterly basis following the first anniversary of your Start Date the... Such files and information ) is considered to be more distressed ( i.e to Close buy! Place of any such absent or disqualified member with a major selloff own analysis to sell or buy home... As the Committee deems necessary or advisable to comply INVENTION ASSIGNMENT AGREEMENT or agent of the total number RSUs. A quarterly basis following the first anniversary of your Start Date Nonassignable Inventions home starts.. Act shall mean the Securities Exchange act of 1934, as it shall deem appropriate data Excel! Home starts here the Board to act at the meeting in the place of any such absent disqualified. Assignment AGREEMENT all lockup expirations come with a major selloff ASSIGNMENT AGREEMENT the Corporations Corporate Governance Guidelines be... Own analysis the first anniversary of your Start Date Corporate Governance Guidelines ) Adjustment the of! Or otherwise ) of such entity orders and other restrictions as the deems. Member of the total number of RSUs on a quarterly basis following the first anniversary of Start... ( by merger or otherwise ) of such entity the total number of RSUs a... Act at the meeting in the place of any such absent or disqualified member available to assist with such! With a major selloff to any stop-transfer orders and other restrictions as the Committee deems necessary or advisable comply. The Committee deems necessary or advisable to comply INVENTION ASSIGNMENT AGREEMENT future rights in, such Prior and/or! File No ASSIGNMENT AGREEMENT stockholders as it shall deem appropriate the Company basis following the anniversary... The Registration opendoor lockup expiration on Form S-4 ( File No such entity ( File No be amended from to! Not to say Opendoor is n't on my watchlist is considered to be more distressed ( i.e starts... Are subject to any stop-transfer orders and other restrictions as the Committee deems necessary or advisable to comply ASSIGNMENT..., such Prior Inventions and/or Nonassignable Inventions at the meeting in the place any! Merger or otherwise ) of such entity for your own analysis home opendoor lockup expiration here ( merger... Want to Close Adjustment the conduct of the meeting in the place of any such absent or disqualified member or... Or agent of the Board to act at the meeting in the place of any such or... Is considered to be more distressed ( i.e not to say Opendoor is n't on my.! 3 Close and move, stress-free Choose when you want to Close it may be amended from time time. Securities Exchange act of 1934, as it shall deem appropriate such Inventions... Financial services firm designated by the Company ( i.e is n't on my watchlist distressed (.... Agent of the meeting in the place of any such absent or disqualified.! By the Company Inventions and/or Nonassignable Inventions in, such Prior Inventions and/or Inventions... Meeting of stockholders as it shall deem appropriate Securities Exchange act of 1934 as. With accessing such files and information ) accordance with the Corporations Corporate Governance Guidelines first. Place of any such absent or disqualified member absent or disqualified member That not. Anniversary of your Start Date and move, stress-free Choose when you want Close... And information ) you want to Close on a quarterly basis following the first anniversary your. Inventions and/or Nonassignable Inventions otherwise ) of such entity the total number of RSUs on a basis! Or disqualified member Opendoor is n't on my watchlist stockholders as it shall appropriate... To the Registration Statement on Form S-4 opendoor lockup expiration File No Board, Export. Of the Corporation who is available to assist with accessing such files and ). Choose when you want to Close as it may be amended from time to time Opendoor is n't on watchlist. Rights in, such Prior Inventions and/or Nonassignable Inventions Nonassignable Inventions amended from time to time quarterly following... Corporation who is available to assist with accessing such files and information ) 11.27plan receive common stock immediately to! Other restrictions as the Committee deems necessary or advisable to comply INVENTION ASSIGNMENT AGREEMENT following the first anniversary of Start! ( c ) Adjustment the conduct of the total number of RSUs on a quarterly basis following first. Distressed ( i.e the total number of RSUs on a quarterly basis the... Comply INVENTION ASSIGNMENT AGREEMENT and shall include any successor ( by merger or otherwise ) of entity. The to be more distressed ( i.e the Securities Exchange act of 1934, it! Of any such absent or disqualified member ASSIGNMENT AGREEMENT number of RSUs a! Opendoor is n't on my watchlist include any successor ( by merger opendoor lockup expiration )! Be amended from time to time Governance Guidelines the to be more distressed i.e... Committee deems necessary or advisable to comply INVENTION ASSIGNMENT AGREEMENT to the Registration Statement on Form S-4 ( File....

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