NATURE OF OPTION. The Option is not intended to meet the requirements of Section 422 of the Internal Revenue Code of 1986, as amended, relating to “incentive stock options”.
NATURE OF OPTION. Such Options to purchase the Option Shares are intended to meet the requirements of Section 422 of the Internal Revenue Code of 1986, as amended, relating to "incentive stock options".
NATURE OF OPTION. In accepting the Option, Optionee acknowledges and agrees that:
NATURE OF OPTION. This 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_).
NATURE OF OPTION. In accepting the Option, the Participant acknowledges that:
NATURE OF OPTION. Employee shall not have any interest in any fund or in any specific asset or assets of the Company by reason of the Option granted hereunder, or any right to exercise any of the rights or privileges of a stockholder with respect to the Option until Shares are issued in connection with any exercise.
NATURE OF OPTION. The Option is intended to meet the requirements of Section 422 of the Internal Revenue Code of 1986, as amended, relating to “incentive stock options”.
NATURE OF OPTION. This Option is intended to constitute a non-qualified stock option.
NATURE OF OPTION. The Option to purchase the initial Thirty-Seven Thousand One Hundred Seventy-Four (37,174) Option Shares commencing in each of 2000 and 2001 is intended to meet the requirements of Section 422 of the Internal Revenue Code of 1986, as amended, relating to "incentive stock options." The remaining Option to purchase Option Shares is not intended to meet such requirements.
NATURE OF OPTION. This Agreement is intended to grant a Nonqualified Option.