Common use of ISOs Clause in Contracts

ISOs. The terms of any ISO granted under the Plan shall comply ---- in all respects with the provisions of Section 422 of the Code, including but not limited to the requirement that no ISO shall be granted more than ten years after the effective date of the Plan.

Appears in 1 contract

Sources: 1993 Long Term Incentive and Share Award Plan (Xl Capital LTD)

ISOs. The terms of any ISO granted under the Plan shall comply ---- in all respects with the provisions of Section 422 of the Code, including but not limited to the requirement that no the ISO shall be granted more than within ten years after from the effective earlier of the date of adoption or shareholder approval of the Plan. ISOs may only be granted to employees of the Company or a Subsidiary.

Appears in 1 contract

Sources: Stock Option Award Agreement (Delphi Financial Group Inc/De)

ISOs. The terms of any ISO granted under the Plan shall comply ---- in all respects with the provisions of Code Section 422 of the Code422, including but not limited to the requirement that no ISO shall be granted more than ten years after the effective date of the PlanEffective Date.

Appears in 1 contract

Sources: 2012 Stock Award and Incentive Plan (Spectrum Group International, Inc.)