Nonqualified Stock Option means an Option that is not an Incentive Stock Option.
Nonqualified Stock Option means any Stock Option that is not an Incentive Stock Option.
Nonqualified Stock Option means an Option which is not designated by the Committee as an Incentive Stock Option.
Examples of Nonqualified Stock Option in a sentence
Nonqualified Stock Option and Incentive Award Plan, adopted by FTAI LLC as of May 11, 2015, assumed by the Company as of November 10, 2022, and amended as of February 23, 2023 (the “Option Plan”), (i) no “Manager Awards” or any other “Awards” (in each case, as defined in the Option Plan) will be granted or otherwise awarded to the Manager under the Option Plan and (ii) no “Tandem Awards” (as defined in the Option Plan) will be granted or otherwise awarded under the Option Plan.
More Definitions of Nonqualified Stock Option
Nonqualified Stock Option means an Option other than an Incentive Stock Option.
Nonqualified Stock Option means an Option not intended to qualify as an Incentive Stock Option.
Nonqualified Stock Option means a Stock Option granted under Section 6 hereof that is not an Incentive Stock Option.
Nonqualified Stock Option means an option to purchase Shares which is not intended to be an Incentive Stock Option.
Nonqualified Stock Option or “NQSO” means an Option that is not intended to meet the requirements of Code Section 422, or that otherwise does not meet such requirements.
Nonqualified Stock Option means a stock option that is not intended to qualify as an “incentive stock option” within the meaning of Section 422 of the Code.
Nonqualified Stock Option or “NQSO” means an option to purchase Shares granted under Article 6 herein and which is not intended to meet the requirements of Code Section 422.