TAX STATUS OF OPTIONS Clause Samples
TAX STATUS OF OPTIONS. The accelerated vesting of one or more of your Options pursuant to the provisions of this letter agreement may result in the loss of favorable tax treatment under Code Section 422 for all or part of those Options which might have otherwise qualified as an incentive stock option under Code Section 422.
TAX STATUS OF OPTIONS. It is intended that the Options awarded hereunder shall not constitute an "incentive stock option" as defined in Section 422 of the Internal Revenue Code.