Common use of Exercise of ISO Clause in Contracts

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 21 contracts

Samples: Stock Option Agreement (Comscore, Inc.), Stock Plan (Yodlee Inc), Stock Option Agreement (Comscore, Inc.)

Exercise of ISO. If this the Option qualifies as an ISO, there will be no regular federal or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the a tax preference item for federal alternative minimum tax for federal tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 17 contracts

Samples: Stock Option Agreement (Twitter, Inc.), Stock Option Agreement (Cisco Systems Inc), Stock Option Agreement (Zynga Inc)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability or state income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 14 contracts

Samples: Stock Option Agreement (Omnivision Technologies Inc), Stock Option Agreement (Autobytel Inc), Stock Option Agreement (Omnivision Technologies Inc)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Exercised Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 7 contracts

Samples: Stock Option Agreement (Skullcandy, Inc.), Invention and Confidential Information Agreement (Imarx Therapeutics Inc), Invention and Confidential Information Agreement (Imarx Therapeutics Inc)

Exercise of ISO. If this Option qualifies as an ISO, there will --------------- be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 5 contracts

Samples: Restricted Stock Purchase Agreement (Ondisplay Inc), Stock Option Agreement (Transwitch Corp /De), Stock Option Agreement (Upgrade International Corp /Fl/)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will Optionee may be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 5 contracts

Samples: Stock Option Agreement (Briazz Inc), Stock Option Agreement (Briazz Inc), Stock Option Agreement (Aptimus Inc)

Exercise of ISO. If this the Option qualifies as an ISO, there will be no regular federal or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value fair market value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum a tax preference item for federal income tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 5 contracts

Samples: Stock Option Agreement (Macromedia Inc), Equity Incentive Plan Stock Option Agreement (Macromedia Inc), Plan Stock Option Agreement (Macromedia Inc)

Exercise of ISO. If this Option qualifies as an ISO, there will may be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will may be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 5 contracts

Samples: Option Agreement (Engenavis, Inc.), 2016 Stock Incentive Plan (Engenavis, Inc.), Stock Option Agreement (Engenavis, Inc.)

Exercise of ISO. If this the Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the a tax preference item for federal alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 4 contracts

Samples: Stock Option Agreement (Grail, Inc.), Stock Incentive Plan (Accolade, Inc.), Stock Option Agreement (Grail, Inc.)

Exercise of ISO. If this the Option qualifies as an ISO, there will be no regular federal or state income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value fair market value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum a tax preference item for federal income tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 4 contracts

Samples: Stock Option Agreement (Phoenix Technologies LTD), Stock Option Agreement (Asi Technology Corp), Stock Option Agreement (Valuestar Corp)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value fair market value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 3 contracts

Samples: Stock Option Agreement (Synplicity Inc), Stock Option Agreement (Peregrine Semiconductor Corp), Stock Option Agreement (Symantec Corp)

Exercise of ISO. If this the Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Option Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 3 contracts

Samples: Stock Option Award Agreement (AGA Medical Holdings, Inc.), Stock Option Award Agreement (K2m Group Holdings, Inc.), Stock Option Award Agreement (K2m Group Holdings, Inc.)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability or state income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value fair market value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 3 contracts

Samples: Long Term Incentive Plan (Flanders Corp), Long Term Incentive Plan (Flanders Corp), Long Term Incentive Plan (Flanders Corp)

Exercise of ISO. If this Stock Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Stock Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 2 contracts

Samples: Stock Option Agreement (Research Solutions, Inc.), Genesis Biopharma (Genesis Biopharma, Inc)

Exercise of ISO. If this the Option qualifies as an ISO, there will be no regular federal or Utah income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the a tax preference item for federal alternative minimum tax for federal tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 2 contracts

Samples: Stock Option Agreement (Omniture, Inc.), Stock Option Agreement (Omniture, Inc.)

Exercise of ISO. If this the Option qualifies as an ISO, there will --------------- be no regular federal or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the a tax preference item for federal alternative minimum tax for federal tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 2 contracts

Samples: Stock Option Agreement (Cacheflow Inc), Stock Option Agreement (Cacheflow Inc)

Exercise of ISO. If this the Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the a tax preference item for federal alternative minimum tax for federal tax purposes and may subject the Optionee Grantee to the alternative minimum tax in the year of exercise.

Appears in 2 contracts

Samples: Incentive Compensation Plan, assets-global.website-files.com

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal or California income tax liability upon the exercise of the this Option, although the excess, if any, of the Fair Market Value fair market value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum a tax preference item for federal income tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 2 contracts

Samples: Equity Incentive Plan (Versant Corp), Incentive Plan Stock Option Agreement (Cellegy Pharmaceuticals Inc)

Exercise of ISO. If this an Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Exercised Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 2 contracts

Samples: Employment Agreement (Imarx Therapeutics Inc), Employment Agreement (Imarx Therapeutics Inc)

Exercise of ISO. If this the Option qualifies as an ISO, there will be no regular federal or state income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value fair market value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the in computing Participant’s alternative minimum tax taxable income for federal income tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 2 contracts

Samples: Option Agreement (Vyyo Inc), Option Agreement (Vyyo Inc)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value fair market value of the Shares on the date of exercise over the Exercise Price will be treated as an item of adjustment to the alternative minimum tax for federal tax purposes in the year of exercise and may subject the Optionee to the alternative minimum tax in the year of exercisetax.

Appears in 2 contracts

Samples: Vice President Employment Agreement (Globus Medical Inc), Vice President Employment Agreement (Globus Medical Inc)

Exercise of ISO. If this Option qualifies as In the case of an ISO, there will be no regular federal income tax liability upon the exercise of the OptionOption will not be subject to U.S. federal income tax, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Purchase Price will be treated as an adjustment to the alternative minimum tax for federal income tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 2 contracts

Samples: 2009 Global Incentive Option Plan (Suspect Detection Systems, Inc.), 2009 Global Incentive Option Plan (Suspect Detection Systems, Inc.)

Exercise of ISO. If this the Option qualifies as an ISO, there --------------- will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the a tax preference item for federal alternative minimum tax for federal tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Stock Option Agreement (HNC Software Inc/De)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability or Delaware income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Spectrx Inc)

Exercise of ISO. If this the Option qualifies as an ISOIncentive Stock Option, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Revel Entertainment Group, LLC)

Exercise of ISO. If this the Option qualifies as an ISO, there will be no regular federal or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will Will be treated as an adjustment to the a tax preference item for federal alternative minimum tax for federal tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Stock Option Agreement (VG Acquisition Corp.)

Exercise of ISO. If this the Option qualifies as an ISO, there will ---------------- be no regular federal or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value fair market value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum a tax preference item for federal income tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Employment Agreement (Centaur Pharmaceuticals Inc)

Exercise of ISO. If this the Option qualifies as an ISO, there will be no regular federal or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum a tax preference item for federal income tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Equity Incentive Plan Stock Option Agreement (Newgen Results Corp)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to Optioto the alternative minimum tax in the year of exercise.alternative

Appears in 1 contract

Samples: Option Agreement (M Wise Inc)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the this Option, although the excess, if any, of the Fair Market Value of the Exercised Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Skullcandy, Inc.)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value fair market value of the Option Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Stock Option Agreement (3PAR Inc.)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal or California income tax liability upon the exercise of the this Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the a tax preference item for federal alternative minimum tax for federal tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Cisco Systems Inc)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability or state income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Autobytel Inc)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise. In order to retain the favorable income tax treatment of ISOs, the ISOs must be exercised on or before three months after retirement.

Appears in 1 contract

Samples: Stock Plan (Neuralstem, Inc.)

Exercise of ISO. If this the Option qualifies as an ISO, there will be no regular federal or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum a tax preference item for federal and state income tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Symantec Corp)

Exercise of ISO. If this To the extent the Option qualifies as an ISO, there will be no regular federal or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the a tax preference item for federal alternative minimum tax for federal tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Netscreen Technologies Inc)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax taxable income for federal income tax purposes and may subject the Optionee to the an alternative minimum tax liability in the year of exercise.

Appears in 1 contract

Samples: Option Agreement (Alliance Semiconductor Corp /De/)

Exercise of ISO. If this the Option qualifies as an ISO, there --------------- will be no regular federal or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the a tax preference item for federal alternative minimum tax for federal tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Stock Oprion Agreement (Liquid Audio Inc)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value fair market value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the Participant's alternative minimum tax taxable income for federal tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercisetax.

Appears in 1 contract

Samples: Adaptec Inc

Exercise of ISO. If this Option qualifies as an ISOIncentive Stock Option, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Grant Agreement (Aerobic Creations, Inc.)

Exercise of ISO. If this the Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum a tax preference item for federal income tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Equity Incentive Plan Stock Option Agreement (Zamba Corp)

Exercise of ISO. If this the Option qualifies as an ISO, there will be no regular federal income tax liability or state income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value fair market value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Actel Corp)

Exercise of ISO. If this an Option qualifies as an ISO, there will be no regular federal income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will Optionee may be treated as an adjustment to the alternative minimum tax for federal tax purposes and may subject the Optionee to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Heartland Payment Systems Inc)

Exercise of ISO. If this the Option qualifies as an ISO, there will be --------------- no regular federal or California income tax liability upon the exercise of the Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum a tax preference item for federal income tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Stock Option Agreement (E Trade Group Inc)

Exercise of ISO. If this Option qualifies as an ISO, there will be no regular federal or California income tax liability upon the exercise of the this Option, although the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price will be treated as an adjustment to the alternative minimum a tax preference item for federal income tax purposes and may subject the Optionee Participant to the alternative minimum tax in the year of exercise.

Appears in 1 contract

Samples: Stock Option Agreement (HNC Software Inc/De)