Option Type. This Award is comprised of Nonqualified Stock Options and is intended to conform in all respects with the Plan. This Award is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).
Option Type. If designated in the Notice as an “Incentive Stock Option” or “ISO”, this Option is intended to qualify as an incentive stock option as defined in Section 422 of the Code (such an option, to the extent compliant with such definition, an “Incentive Stock Option”). The Option shall be regarded as a “Non-statutory Stock Option” or “NSO” (a “Non-Statutory Stock Option”) if designated as such in the Notice, or if the Option is designated as an “ISO” but fails to comply with the requirements of Section 422 of the Code, for any reason. In no event shall the Board of Directors, the Company or any Parent or Subsidiary or any of their respective employees or directors have any liability to Recipient (or any other person) due to the failure of the Option to qualify for any reason as an ISO.
Option Type. Your Option is a non-qualified stock option and is intended to conform in all respects with the Plan. This Option is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).
Option Type. The Option is not intended to qualify for specific tax or social security treatment in France.
Option Type. Option is fully exercisable Non-Qualified Share Option Subject to the terms of the XOMA Ltd. 1992 Directors Share Option Plan, as amended and restated through May 19, 2004 (the “Plan”) and to the terms and conditions set forth in this agreement (the “Agreement”), XOMA Ltd. (the “Company”) has granted you, as of the Grant Date shown in item (B) above, a non-qualified share option (not entitled to special tax treatment under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”)) to purchase the number of Common Shares of the Company shown in item (C) above (the “Optioned Shares”) at the Exercise Price shown in item (F) above. The details of your option are as follows:
Option Type. Your Option is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).
Option Type. If designated in the Grant Notice as an Incentive Stock Option, this Option is intended to qualify as an Incentive Stock Option as defined in Section 422 of the Code; provided, however, that to the extent that the aggregate Fair Market Value of the Common Stock with respect to which lncentive Stock Options (within the meaning of Code Section 422, but without regard to Code Section 422(d)), including the Option, are exercisable for the first time by Optionee during any calendar year (under the Plan and all other incentive stock option plans of the Company (or any “parent corporation” or “subsidiary corporation” thereof within the meaning of Code Sections 424(e) or 424(f), respectively)) exceeds one hundred thousand dollars ($100,000), such options shall be treated as not qualifying under Code Section 422, but rather shall be treated as Non-Qualified Stock Options to the extent required by Code Section 422. The rule set forth in the preceding sentence shall be applied by taking options into account in the order in which they were granted. For purposes of these rules, the Fair Market Value of the Common Stock shall be determined as of the time the Option with respect to such Common Stock is granted.
Option Type. This Award is comprised of non-qualified stock options and is intended to conform in all respects with the Plan. Copies of the Plan and the Participation Guide/Prospectus for the Plan (the “Plan Prospectus”) are incorporated herein by reference, and are available from the Company’s Compensation Committee. This Award is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.
Option Type. It may be applied as Vanilla and Exotic Options. Vanilla Options may be applied as buying (call) and selling (put) options, and Exotic Options may be applied as No Touch, One Touch, Digital and Accrual options.
