Common use of NATURE OF OPTION Clause in Contracts

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".

Appears in 34 contracts

Samples: Stock Option Agreement (National Medical Health Card Systems Inc), Stock Option Agreement (National Medical Health Card Systems Inc), Stock Option Agreement (National Medical Health Card Systems Inc)

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NATURE OF OPTION. Such Options to purchase the Option Shares are not intended to meet the requirements of Section 422 of the Internal Revenue Code of 1986, as amended, relating to "incentive stock options".

Appears in 19 contracts

Samples: Stock Option Agreement (National Medical Health Card Systems Inc), Stock Option Agreement (National Medical Health Card Systems Inc), Stock Option Agreement (National Medical Health Card Systems Inc)

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".

Appears in 8 contracts

Samples: Employment Agreement (HC Innovations, Inc.), Employment Agreement (HC Innovations, Inc.), Employment Agreement (HC Innovations, Inc.)

NATURE OF OPTION. Such Options to purchase the Option Shares are not intended to meet the requirements of Section 422 of the Internal Revenue Code of 1986, as amended, relating to "incentive stock options".

Appears in 4 contracts

Samples: Form of Stock Option Agreement (National Medical Health Card Systems Inc), Stock Option Agreement (National Medical Health Card Systems Inc), Stock Option Agreement (National Medical Health Card Systems Inc)

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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"" but shall be treated as nonstatutory options to the extent of any disqualifying disposition or other event that disqualifies an option for incentive stock option treatment under Section 422.

Appears in 1 contract

Samples: Registration Rights Agreement (National Medical Health Card Systems Inc)

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