§414-85  Share options.  A corporationmay issue rights, options, or warrants for the purchase of shares of thecorporation.  The board of directors shall determine the terms upon which therights, options, or warrants are issued, their form and content, and theconsideration for which the shares are to be issued.  The documents evidencingsuch rights, options, or warrants may include conditions that preclude theholder or holders, including any subsequent transferees, of at least aspecified percentage of the common shares of a corporation from exercising suchrights, options, or warrants. [L 2000, c 244, pt of §1; am L 2002, c 130, §13]