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Explain the types and payment patterns of notes payable.
Corporate Officers
Top executives tasked with managing the operations and strategic direction of a corporation, usually including roles like CEO, CFO, and COO.
Stock Options
Financial derivatives that give the bearer the right, but not the obligation, to buy or sell a stock at a specified price within a specified period.
Golden Handcuffs
Financial incentives provided to key employees to encourage them to stay with their current employer for a certain period.
Restriction Period
A time frame during which certain limitations are applied, often referring to periods where executives or employees cannot sell their company shares.
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