Non-Qualified Stock Option means any Stock Option that is not an Incentive Stock Option.
Non-Qualified Stock Option means an Option that is not an Incentive Stock Option.
Non-Qualified Stock Option means an option granted under Section 6(a) of the Plan that is not intended to be an Incentive Stock Option.
Examples of Non-Qualified Stock Option in a sentence
The Option is intended to be a Non-Qualified Stock Option, and is not intended to be an Incentive Stock Option.
The Option shall be a Non-Qualified Stock Option and is intended to constitute an “employment inducement award” under Nasdaq Stock Market (“Nasdaq”) Rule 5635(c)(4), and consequently is intended to be exempt from the Nasdaq rules regarding shareholder approval of stock option plans or other equity compensation arrangements.
Notwithstanding the foregoing, with the consent of the Administrator, if the Option is a Non-Qualified Stock Option, it may be transferred to Permitted Transferees pursuant to any conditions and procedures the Administrator may require.
More Definitions of Non-Qualified Stock Option
Non-Qualified Stock Option means an Option not intended to qualify as an Incentive Stock Option.
Non-Qualified Stock Option means an Option that is not intended to be an Incentive Stock Option.
Non-Qualified Stock Option means any Stock Option awarded under the Plan that is not an Incentive Stock Option.
Non-Qualified Stock Option means an Option other than an Incentive Stock Option.
Non-Qualified Stock Option means an Option that is not an Incentive Stock Option or which is designated as an Incentive Stock Option but does not meet the applicable requirements of Section 422 of the Code.
Non-Qualified Stock Option means an Option that by its terms does not qualify or is not intended to qualify as an Incentive Stock Option.
Non-Qualified Stock Option means an Option, or portion thereof, not intended or not qualifying as an Incentive Stock Option.