Common use of Not Intended to be an Incentive Stock Option Clause in Contracts

Not Intended to be an Incentive Stock Option. This Option is not intended to qualify as an incentive stock option within the meaning of Section 422(b) of the Internal Revenue Code, and the provisions hereof shall be construed consistent with that intent.

Appears in 5 contracts

Samples: Qualified Stock Option Agreement (Star Energy Corp), Non Qualified Stock Option Agreement (Transcommunity Financial Corp), FNB Corp \Va\

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Not Intended to be an Incentive Stock Option. This Option is not intended to qualify as an incentive stock option within the meaning of Section 422(b) of the Internal Revenue Code, and the provisions hereof shall be construed consistent with that intent.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Carbiz Inc), Non Qualified Stock Option Agreement (Carbiz Inc), Non Qualified Stock Option Agreement (Carbiz Inc)

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Not Intended to be an Incentive Stock Option. This Option is not intended to qualify as an incentive stock option within the meaning of Section 422(b) of the Internal Revenue Code, Code and the provisions hereof shall be construed consistent with that intent.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Transcommunity Financial Corp)

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