Common use of Nonstatutory Stock Option Clause in Contracts

Nonstatutory Stock Option. This Option is not intended to be an Incentive Stock Option under section 422 of the Code and will be interpreted accordingly. This Option is not intended to be deferred compensation under section 409A of the Code and will be interpreted accordingly.

Appears in 7 contracts

Samples: Incentive Stock Option Agreement (Lifevantage Corp), Nonstatutory Stock Option Agreement (Diodes Inc /Del/), Nonstatutory Stock Option Agreement (Hylete, Inc.)

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Nonstatutory Stock Option. This Option is not intended to be an Incentive Nonstatutory Stock Option under section 422 of the Code and will be interpreted accordingly. This Option is not intended to be deferred compensation under section 409A of the Code and will be interpreted accordingly.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Innovus Pharmaceuticals, Inc.)

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