Character of Option. This Option is not to be treated as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.
Character of Option. The Option is intended to be an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).
Character of Option. The Option is not intended to qualify as an "incentive stock option" as that term is defined in Section 422 of the Code.
Character of Option. The Option is intended to be treated as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). However, incentive stock option treatment requires compliance with a variety of factors, and the Company can give no assurance that the Option will, in fact, be treated as an incentive stock option.
Character of Option. This Option is to be treated as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended, to the extent of the “current limit” (as defined in the Plan); any Optioned Shares that would cause the foregoing limit to be violated shall be deemed to have been granted under a separate Nonstatutory Option, otherwise identical in its terms to those of this Incentive Option.
Character of Option. This Option is not intended to qualify as an incentive option under Section 422 of the Code.
Character of Option. This Option [is/is not](2) intended to be treated as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.
Character of Option. Nonstatutory Stock Option
Character of Option. The Company grants to the Optionee the right, which hereby designated as a “Nonqualified Stock Option”, to purchase all or any portion of the above granted options, at the purchase price listed above (the “Exercise Price Per Share”), which price has been determined to be not less than the fair market value of the Stock per share on the date of this Agreement. The Option is subject to the terms and conditions stated in this Agreement and in the Plan.
