Common use of Non-Statutory Stock Option Clause in Contracts

Non-Statutory Stock Option. This Agreement is intended to be a Non-Statutory Stock Option as defined in the Plan, which is not intended to qualify for the tax treatment applicable to incentive stock options under section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Sources: Non Statutory Stock Option Agreement (Macrosolve Inc), Non Statutory Stock Option Agreement (Macrosolve Inc)