Common use of Type of Option; Tax Consequences Clause in Contracts

Type of Option; Tax Consequences. Unless otherwise provided for in -------------------------------- the Notice, Options granted in accordance with the Plan shall be Non-Qualified Stock Options ("NSO"). If the Notice provides that Options granted to Optionee are Incentive Stock Options ("ISO"), such Options are intended to qualify as Incentive Stock Options under Section 422 of the Code. Set forth below is a brief summary as of the date of this Agreement of some of the federal tax consequences of exercise of this Option and disposition of the Option Shares. THIS SUMMARY IS NECESSARILY INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE. THE OPTIONEE SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING THIS OPTION OR DISPOSING OF THE OPTION SHARES.

Type of Option; Tax Consequences. Unless otherwise provided -------------------------------- for in -------------------------------- the Notice, Options granted in accordance with the Plan shall be Non-Qualified Stock Options ("NSO"). If the Notice provides that Options granted to Optionee are Incentive Stock Options ("ISO"), such Options are intended to qualify as Incentive Stock Options under Section 422 of the Code. Set forth below is a brief summary as of the date of this Agreement of some of the federal tax consequences of exercise of this Option and disposition of the Option Shares. THIS SUMMARY IS NECESSARILY INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE. THE OPTIONEE SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING THIS OPTION OR DISPOSING OF THE OPTION SHARES.

Type of Option; Tax Consequences. Unless otherwise -------------------------------- provided for in -------------------------------- the Notice, Options granted in accordance with the Plan shall be Non-Qualified Stock Options ("NSO"). If the Notice provides that Options granted to Optionee are Incentive Stock Options ("ISO"), such Options are intended to qualify as Incentive Stock Options under Section 422 of the Code. Set forth below is a brief summary as of the date of this Agreement of some of the federal tax consequences of exercise of this Option and disposition of the Option Shares. THIS SUMMARY IS NECESSARILY INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE. THE OPTIONEE SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING THIS OPTION OR DISPOSING OF THE OPTION SHARES.

Type of Option; Tax Consequences. Unless otherwise provided for in the -------------------------------- the Notice, Options granted in accordance with the Plan shall be Non-Qualified Stock Options ("NSO"). If the Notice provides that Options granted to Optionee are Incentive Stock Options ("ISO"), such Options are intended to qualify as Incentive Stock Options under Section 422 of the Code. Set forth below is a brief summary as of the date of this Agreement of some of the federal tax consequences of exercise of this Option and disposition of the Option Shares. THIS SUMMARY IS NECESSARILY INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE. THE OPTIONEE SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING THIS OPTION OR DISPOSING OF THE OPTION SHARES.