Common use of Nonqualified Stock Option Clause in Contracts

Nonqualified Stock Option. The Option is a nonqualified stock option and is not, and shall not be, an incentive stock option within the meaning of Section 422 of the Code.

Appears in 73 contracts

Samples: Nonqualified Stock Option Agreement (Tucson Electric Power Co), Nonqualified Stock Option Agreement (Alaska Air Group, Inc.), Employment Agreement (Qlogic Corp)

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Nonqualified Stock Option. The Option This option is a nonqualified stock option and is notoption, and shall not be, an incentive stock option within the meaning of Section 422 422A(b) of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 12 contracts

Samples: Nonqualified Stock Option Agreement (Community Bancshares Inc /De/), Nonqualified Stock Option Agreement (Community Bancshares Inc /De/), Nonqualified Stock Option Agreement (Community Bancshares Inc /De/)

Nonqualified Stock Option. The Option is intended to be a nonqualified stock option and is not, and shall not be, intended to qualify as an incentive stock option option” within the meaning of Section 422 of the Code.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Enovation Controls, Inc.), Omnibus Incentive Plan (JGWPT Holdings Inc.), Nonqualified Stock Option Agreement (Nuvectra Corp)

Nonqualified Stock Option. The Optionee and the Company agree that the Option is a nonqualified stock option option, and is not, and shall not be, eligible to be treated as an incentive stock option within the meaning of Section 422 of the Code.

Appears in 2 contracts

Samples: Stock Option Agreement (Zoran Corp \De\), Stock Option Agreement (Zoran Corp \De\)

Nonqualified Stock Option. The Option is a nonqualified stock option and is not, and shall not be, an incentive stock option within the meaning of Section 422 of the U.S. Internal Revenue Code (the “Code”).

Appears in 2 contracts

Samples: Non Plan Stock Option Agreement (Umami Sustainable Seafood Inc.), Non Plan Stock Option Agreement (Umami Sustainable Seafood Inc.)

Nonqualified Stock Option. The Option is a nonqualified stock option and is not, and shall not be, an incentive stock option within the meaning of Section 422 of the Codecode.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Signature Group Holdings, Inc.), Nonqualified Stock Option Agreement (Signature Group Holdings, Inc.)

Nonqualified Stock Option. The This Option is a nonqualified stock option and is not, and shall not be, intended to be treated as an "incentive stock option option" within the meaning of Section 422 of the CodeCode but is instead intended to be a nonqualified stock option.

Appears in 1 contract

Samples: Stock Option Agreement (Clark Inc)

Nonqualified Stock Option. The If the Notice so designates, this Option is intended to be a nonqualified stock option and is not, Nonqualified Stock Option and shall not be, be treated as an incentive stock option Incentive Stock Option within the meaning of Section 422 422(b) of the Code.

Appears in 1 contract

Samples: Stock Option Agreement (Cost U Less Inc)

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Nonqualified Stock Option. The Option is intended to be a nonqualified stock option and is not, and shall not be, intended to be treated as an incentive stock option within the meaning of that complies with Section 422 of the Code.

Appears in 1 contract

Samples: Stock Option Agreement (Korn Ferry International)

Nonqualified Stock Option. The Option is a nonqualified stock option and is not, and shall not be, an incentive stock option within the meaning of Section 422 of the Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Internal Revenue Code.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Sun Cheng Yaw)

Nonqualified Stock Option. The Option granted is intended to be a nonqualified stock option Non-Qualified Stock Option and is not, and shall not be, an incentive stock option within the meaning of Section Incentive Stock Option under section 422 of the Internal Revenue Code.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Consol Energy Inc)

Nonqualified Stock Option. The Option is shall be a nonqualified stock option Nonqualified Stock Option, as defined in the Plan, and is not, and shall not be, intended to qualify as an incentive stock option within the meaning of Code Section 422 of the Code422.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Chronimed Inc)

Nonqualified Stock Option. The Nonqualified Stock Option" means an Option that is a nonqualified stock option and is not, and shall not be, an incentive stock option within intended to meet the meaning requirements of Section 422 422(b) of the Code.

Appears in 1 contract

Samples: Executive Employment Agreement (Adams Laboratories, Inc.)

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