But in its court filing, Tivoli Stock interpreted the key clause differently from the way the tenants did, saying the deed requires "only that the apartment building be 'devoted' for the 50-year restriction period to 'residential use' " and "required parking facilities".
She said the contract was issued during a stock market boom, with a clause saying that if the plans should terminate with a surplus, the extra money would go to NASA.
Last November, Vice Chancellor Myron Steele of Delaware Chancery Court ruled that the executives had to give back about half those shares because they received them under a stock plan that lacked a clause adjusting their awards for splits.
For example, the prospectus for this week's Green Bay Packers stock offering includes a conduct clause.
If accounting is not your strong point, then make sure you have an advisor looking over your shoulder to ensure that you have such things as a "dilution" clause in your stock option contract.
Mr. Lee stated "Skype's stock option agreement had special clauses that the Board had slipped in that gives them the right to 'repurchase' any vested shares for anyone who leaves the company voluntarily or is terminated with cause — effectively taking 'vested' shares and making them worthless".
In 2015, Google made overtures to Yelp, which had a dual-class stock structure and an equal treatment clause.
A Lucent spokeswoman, Mary Lou Ambrus, maintains that the 10 employees agreed to a noncompete clause that was included in a stock option grant.
Some include stock or options in the supplier, or have clauses where the fee percentage rises in proportion to sales.
Because new contractual provisions are not easily retrofitted into old bonds, it will take years before the clauses are included in the entire stock of debt.
You'd have done better buying right after Cramer told you to sell, in other words - but only if you knew when to sell, yourself, which is the fine-print clause that sinks most of these wonderful stock stories.
