Common use of Notice Concerning ISO Treatment Clause in Contracts

Notice Concerning ISO Treatment. If this option is designated as an ISO in the Notice of Stock Option Grant, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three months after the date the Optionee ceases to be an Employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 months after the date the Optionee ceases to be an Employee by reason of such permanent and total disability or (iii) after the Optionee has been on a leave of absence for more than 90 days, unless the Optionee's reemployment rights are guaranteed by statute or by contract.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Adforce Inc), Cisco Systems Inc, Siebel Systems Inc

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Notice Concerning ISO Treatment. If this option is designated as an ISO in the Notice of Stock Option GrantNotice, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three (3) months after the date the Optionee ceases to be an Employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 twelve (12) months after the date the Optionee ceases to be an Employee by reason of such permanent and total disability or (iii) after the Optionee has been on a leave of absence for more than 90 ninety (90) days, unless the Optionee's ’s reemployment rights are guaranteed by statute or by contract.

Appears in 2 contracts

Samples: Stock Option Agreement (Citadel Broadcasting Corp), Stock Option Agreement (Citadel Broadcasting Corp)

Notice Concerning ISO Treatment. If this option is designated as an ISO in the Notice of Stock Option GrantISO, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three (3) months after the date the Optionee ceases to be an Employee Optionee’s employment with, or provision of services to, xXXxX*s is terminated for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code)Disability, (ii) more than 12 six (6) months after the date the Optionee ceases to be an Employee Optionee’s employment with, or provision of services to, xXXxX*’s is terminated by reason of such permanent and total disability Disability or (iii) after the Optionee has been on a leave of absence for more than 90 days, unless the Optionee's ’s reemployment rights are guaranteed by statute or by contract.

Appears in 2 contracts

Samples: Exercise Agreement (dELiAs, Inc.), Exercise Agreement (dELiAs, Inc.)

Notice Concerning ISO Treatment. If this option is designated as an ISO in the Notice of Stock Option Grant, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three months after the date the Optionee Participant ceases to be an Employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 twelve months after the date the Optionee Participant ceases to be an Employee by reason of such permanent and total disability or (iii) after the Optionee Participant has been on a leave of absence for more than 90 days, unless the Optionee's Participant’s reemployment rights are guaranteed by statute or by contract.

Appears in 2 contracts

Samples: Stock Option Agreement (Citi Trends Inc), Stock Option Agreement (Citi Trends Inc)

Notice Concerning ISO Treatment. If this option is designated as an ISO in the Notice of Stock The Option Grant, it ceases shall cease to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three (3) months after the date the Optionee ceases to be an Employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 twelve (12) months after the date the Optionee ceases to be an Employee by reason of such permanent and total disability or (iii) after the Optionee has been on a leave of absence for more than 90 ninety (90) days, unless the Optionee's reemployment rights are guaranteed by statute or by contract.

Appears in 2 contracts

Samples: Banctec Inc, Banctec Inc

Notice Concerning ISO Treatment. If this option is designated as an ISO in the Notice of Stock Option Grant, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three months after the date the Optionee ceases to be an Employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 months after the date the Optionee ceases to be an Employee by reason of such permanent and total disability or (iii) after the Optionee has been on a leave of absence for more than 90 days, unless the Optionee's ’s reemployment rights are guaranteed by statute or by contract.

Appears in 1 contract

Samples: Stock Option Agreement (DigitalFX International Inc)

Notice Concerning ISO Treatment. If this option Option is designated as an ISO in the Notice of Stock Option GrantExercise, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three (3) months after the date the Optionee ceases to be an Employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 twelve (12) months after the date the Optionee ceases to be an Employee by reason of such permanent and total disability or (iii) after the Optionee has been on a leave of absence for more than 90 ninety (90) days, unless the Optionee's ’s reemployment rights are guaranteed by statute or by contract.

Appears in 1 contract

Samples: Stock Option Award Agreement (Berliner Communications Inc)

Notice Concerning ISO Treatment. If this option is designated as an ISO in the Notice of Stock Option Grant, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three months after the date the Optionee ceases to be an Employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 months after the date the Optionee ceases to be an Employee by reason of such permanent and total disability disability, or (iii) after the Optionee has been on a leave of absence for more than 90 days, unless the Optionee's reemployment rights are guaranteed by statute or by contract.

Appears in 1 contract

Samples: Stock Option Agreement (TPT Global Tech, Inc.)

Notice Concerning ISO Treatment. If this option is designated as an ISO in the Notice of Stock Option Grant, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three months after the date the Optionee ceases to be an Employee employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 months after the date the Optionee ceases to be an Employee employee by reason of such permanent and total disability or (iii) after the Optionee has been on a leave of absence for more than 90 daysthree months, unless the Optionee's ’s reemployment rights are guaranteed by statute or by contract.

Appears in 1 contract

Samples: Midway Gold Corp

Notice Concerning ISO Treatment. If this option is designated as an ISO in the Notice of Stock Option Grant, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three months after the date the Optionee ceases to be an Employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 months after the date the Optionee ceases to be an Employee by reason of such permanent and total disability or (iii) after the Optionee has been on a leave of absence for more than 90 days, unless the Optionee's ’s reemployment rights are guaranteed by statute or by contract. Additionally, if this option is designated on an ISO, the provisions of this Agreement shall be subject to other restrictions and limitations regarding ISOs as set forth in the Plan.

Appears in 1 contract

Samples: Comverge, Inc.

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Notice Concerning ISO Treatment. If this option is designated as an ISO in the Notice of Stock Option GrantNotice, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three (3) months after the date the Optionee ceases to be an Employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 twelve (12) months after the date the Optionee ceases to be an Employee by reason of such permanent and total disability or (iii) after the Optionee has been on a leave of absence for more than 90 ninety (90) days, unless the Optionee's reemployment rights are guaranteed by statute or by contract.

Appears in 1 contract

Samples: Fidelity National Financial Inc /De/

Notice Concerning ISO Treatment. If this option Since the Option is designated as an ISO in the Notice of Stock Option Grant(as noted above), it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three months after the date the Optionee ceases to be an Employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 months after the date the Optionee ceases to be an Employee by reason of such permanent and total disability or (iii) after the Optionee has been on a leave of absence for more than 90 days, unless the Optionee's reemployment rights are guaranteed by statute or by contract.

Appears in 1 contract

Samples: Option Agreement (Trega Biosciences Inc)

Notice Concerning ISO Treatment. If this option is designated as an ISO in the Notice of Stock Option Grant, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three months after the date the Optionee ceases to be an Employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 months after the date the Optionee ceases to be an Employee by reason of such permanent and total disability or (iii) after the Optionee has been on a leave of absence for more than 90 days, unless the Optionee's reemployment rights are guaranteed by statute or by contract.

Appears in 1 contract

Samples: Compensation Agreement (Selectica Inc)

Notice Concerning ISO Treatment. If this option is designated as an ISO in the Notice of Stock The Option Grant, it ceases shall cease to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three (3) months after the date the Optionee ceases to be an Employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 twelve (12) months after the date the Optionee ceases to be an Employee by reason of such permanent and total disability or (iii) after the Optionee has been on a leave of absence for more than 90 ninety (90) days, unless the Optionee's ’s reemployment rights are guaranteed by statute or by contract.

Appears in 1 contract

Samples: Banctec Inc

Notice Concerning ISO Treatment. If this option Option is designated as an ISO in the Notice of Stock Option Grant, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised (i) more than three months after the date the Optionee ceases to be an Employee for any reason other than death or permanent and total disability (as defined in Section 22(e)(3) of the Code), (ii) more than 12 months after the date the Optionee ceases to be an Employee by reason of such permanent and total disability or (iii) after the Optionee has been on a leave of absence for more than 90 days, unless the Optionee's reemployment rights are guaranteed by statute or by contract.

Appears in 1 contract

Samples: Driveway Corp

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