Common use of Nonqualified Nature of Option Clause in Contracts

Nonqualified Nature of Option. The Option is intended to be a ------------------------------------------ stock option that does not qualify as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended, and this Agreement shall be so construed.

Appears in 3 contracts

Samples: Nonqualified Stock Option Grant Agreement (Network Access Solutions Corp), Nonqualified Stock Option Grant Agreement (Network Access Solutions Corp), Nonqualified Stock Option Grant Agreement (Network Access Solutions Corp)

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Nonqualified Nature of Option. The Option is intended to be a ------------------------------------------ stock option that does not qualify as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended, and this Agreement shall be so construed.

Appears in 2 contracts

Samples: Nonqualified Stock Option Grant Agreement (Regeneration Technologies Inc), Nonqualified Stock Option Grant Agreement Professional Consultant (Regeneration Technologies Inc)

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Nonqualified Nature of Option. The Option is intended to be a ------------------------------------------ stock option that does not qualify as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended, and this Agreement shall be so construed.

Appears in 1 contract

Samples: Nonqualified Stock Option Grant Agreement (Regeneration Technologies Inc)

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