Common use of Nature of the Option Clause in Contracts

Nature of the Option. This Option is a nonstatutory option and is not intended to qualify for any special tax benefits to the Optionee.

Appears in 26 contracts

Samples: S Option Agreement (Silicon Graphics Inc), Director Option Agreement (Intraware Inc), Outside Director Option Agreement (Lattice Semiconductor Corp)

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Nature of the Option. This Option is a nonstatutory option and is not -------------------- intended to qualify for any special tax benefits to the Optionee.

Appears in 17 contracts

Samples: Director Option Agreement (Cost Plus Inc/Ca/), Director Option Agreement (Enel Societa Per Azioni), Security Agreement (Powerwave Technologies Inc)

Nature of the Option. This Option is a nonstatutory non-qualified option and is not intended to qualify for any incentive stock option special tax benefits to the Optionee.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Edison Controls Corp), Nonqualified Stock Option Agreement (Edison Controls Corp), Nonqualified Stock Option Agreement (Edison Controls Corp)

Nature of the Option. This Option is a nonstatutory non-statutory option and is not intended to qualify for any special tax benefits to the Optionee.

Appears in 5 contracts

Samples: S Option Agreement (Silicon Graphics Inc), Incentive Stock Option Grant Agreement (Silicon Graphics Inc), Non Statutory Stock Option Grant Agreement (Silicon Graphics Inc)

Nature of the Option. This Option is a nonstatutory non-statutory stock option and is not intended to qualify for any special tax benefits to the Optionee.

Appears in 4 contracts

Samples: Director Option Agreement (Skillsoft Public Limited Co), Director Option Agreement (Skillsoft Public Limited Co), Skillsoft Public Limited Co

Nature of the Option. This Option is a nonstatutory stock option and is not intended to qualify for any special tax benefits to the Optionee.

Appears in 4 contracts

Samples: Non Employee Director (Nautilus, Inc.), Non Employee Director (Nautilus, Inc.), Nonstatutory Stock Option Agreement (Nautilus, Inc.)

Nature of the Option. This Option is a nonstatutory option Nonstatutory Stock Option and is not intended to qualify for any special tax benefits to the Optionee.

Appears in 4 contracts

Samples: Stock Option Agreement (Collagenex Pharmaceuticals Inc), Stock Option Agreement (Collagenex Pharmaceuticals Inc), Stock Option Agreement (Prophet 21 Inc)

Nature of the Option. This Option option is a nonstatutory option and is not intended to qualify for any special tax benefits to the Optionee.

Appears in 3 contracts

Samples: Directors’ Nonstatutory Stock Option Agreement (Sun Microsystems, Inc.), Nonstatutory Stock Option Agreement (Sun Microsystems, Inc.), Nonstatutory Stock Option Agreement (Sun Microsystems Inc)

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Nature of the Option. This Option is a nonstatutory non-statutory option and is not intended to qualify for any special tax benefits to the Optionee.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Apache Medical Systems Inc), Nonqualified Stock Option Agreement (Apache Medical Systems Inc)

Nature of the Option. This Option is a nonstatutory Nonstatutory option and is not intended to qualify for any special tax benefits to the Optionee.

Appears in 1 contract

Samples: Option Agreement (Netiq Corp)

Nature of the Option. This Option is a nonstatutory option and is not intended to qualify for any special tax benefits to the Optionee.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Genetronics Biomedical LTD)

Nature of the Option. This Option is a nonstatutory option and is -------------------- not intended to qualify for any special tax benefits to the Optionee.

Appears in 1 contract

Samples: Director Option Agreement (Clearcommerce Corp)

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