Common use of Non-Qualified Securities Clause in Contracts

Non-Qualified Securities. All or a portion of the Shares subject to the Option may be "non-qualified securities" within the meaning of the Income Tax Act (Canada). The Company shall provide the Optionee with additional information and/or appropriate notification regarding the characterization of the Option for Canadian income tax purposes as may be required by the Income Tax Act (Canada) and the regulations thereunder.

Appears in 2 contracts

Sources: Stock Option Agreement (Veralto Corp), Stock Option Agreement (Veralto Corp)

Non-Qualified Securities. All or a portion of the Ordinary Shares subject to the Share Option may be "β€œnon-qualified securities" ” within the meaning of the Income Tax Act (Canada). The Company shall provide the Optionee with additional information and/or appropriate notification regarding the characterization of the Share Option for Canadian income tax purposes as may be required by the Income Tax Act (Canada) and the regulations thereunder.

Appears in 1 contract

Sources: Global Non Qualified Share Option Agreement (BeOne Medicines Ltd.)

Non-Qualified Securities. All or a portion of the Shares subject to the Option Options may be "non-qualified securities" within the meaning of the Income Tax Act (Canada). The Company shall provide the Optionee with additional information and/or appropriate notification regarding the characterization of the Option Options for Canadian income tax purposes as may be required by the Income Tax Act (Canada) and the regulations thereunder.

Appears in 1 contract

Sources: Stock Option Agreement (Envista Holdings Corp)