Exercise of Incentive Stock Option. There are no regular federal or state income or employment tax liabilities upon the exercise of an Incentive Stock Option (see Incentive Stock Option Holding Period), although the excess, if any, of the Fair Market Value of the shares of Common Stock on the date of exercise over the Exercise Price will be treated as income for alternative minimum tax (“AMT”) purposes and may subject you to AMT in the year of exercise. Please check with your tax advisor.
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Samples: Equity Incentive Plan (Wellesley Bancorp, Inc.), Award Agreement (Eureka Financial Corp.), Stock Option Award Agreement (Fraternity Community Bancorp Inc)
Exercise of Incentive Stock Option. There are no regular federal or state income or employment tax liabilities upon the exercise of an Incentive Stock Option (see Incentive Stock Option Holding Period), although the excess, if any, of the Fair Market Value value of the shares of Common Stock on the date of exercise over the Exercise Price will be treated as income for alternative minimum tax (“AMT”) purposes and may subject you to AMT in the year of exercise. Please check with your tax advisor.
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Exercise of Incentive Stock Option. There Currently, there are no regular federal or state income or employment tax liabilities upon the exercise of an Incentive Stock Option (see Incentive Stock Option Holding Period), although the excess, if any, of the Fair Market Value of the shares of Common Stock on the date of exercise over the Exercise Option Price will be treated as income for alternative minimum tax (“"AMT”") purposes and may subject you to AMT in the year of exercise. Please check with your tax advisor.
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Samples: Stock Option Plan Incentive Stock Option Award Agreement (FFLC Bancorp Inc)
Exercise of Incentive Stock Option. There are no regular federal or state income or employment tax liabilities upon the exercise of an Incentive Stock Option (see Incentive Stock Option Holding Period), although the excess, if any, of the Fair Market Value of the shares of Common Stock on the date of exercise over the Exercise Price will be treated as income for alternative minimum tax (“"AMT”") purposes and may subject you to AMT in the year of exercise. Please check with your tax advisor.
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