102 Stock Option definition

102 Stock Option. – means a Stock Option that the Administrator intends to be a “102 Stock Option”, which shall only be granted to Employees of the Company who are not Controlling Shareholders, and shall be subject to and construed consistently with the requirements of Section 102. The Company shall have no liability to a Participant or to any other party, if a Stock Option (or any part thereof), which is intended to be a 102 Stock Option, is not a 102 Stock Option. Approved 102 Stock Options may either be classified as Capital Gain Stock Options or as Ordinary Income Stock Options.
Sample 1
102 Stock Option. – means a Stock Option that the Administrator intends to be a "102 Stock Option", which shall only be granted to Employees of the Company who are not Controlling Shareholders, and shall be subject to and construed
Sample 1

Examples of 102 Stock Option in a sentence

  • Placement Agent Warrant issued on February 25, 2002 to Roth Capital Partners LLC(13) 10.1* 1993 Stock Option Plan, together with Form of Incentive Stock Option Agreement and Nonqualified Stock Option Agreement(1) 10.2* Stock Option Agreement, effective May 13, 1993, between Lon E.

  • Placement Agent Warrant issued on February 25, 2002 to Roth Capital Partners LLC(13)10.1* 1993 Stock Option Plan, together with Form of Incentive Stock Option Agreement and Nonqualified Stock Option Agreement(1) 10.2* Stock Option Agreement, effective May 13, 1993, between Lon E.

  • If applicable, a Party may recover a payment under an indemnity in this Contract before it makes the payment in respect of which the indemnity is given.

  • Exhibit 10.2 Stock Option Agreement, dated September 29, 2014, by and between Nuvilex, Inc.

  • The Company shall grant only the type of Approved 102 Stock Option it has elected in accordance with the Election to all Participants who were granted Approved 102 Stock Options during the period indicated above, all in accordance with the provisions of Section 102(g) of the Ordinance, including any and all rules and regulations promulgated thereunder, as now in effect or as hereafter amended.

  • Furthermore, the grant of Approved 102 Stock Options shall be conditioned upon the approval of this Appendix by the ITA.4.4. Without derogating from the above, the Administrator’s election of the type of an Approved 102 Stock Options as CGSO or OISO to be granted to Israeli Employees and Office Holders (the “Election”), shall be appropriately filed with the ITA before the Date of Grant of the first Approved 102 Stock Option under such Election.

  • The foregoing description of the material terms of the Severance Benefits Agreement is qualified in its entirety by reference to the actual agreement, which is attached hereto and incorporated by reference herein as Exhibit 10.2. Stock Option Award to Chief Financial Officer On July 26, 2010, Mr. Evans was granted a 10-year option to purchase 250,000 shares of the Company’s common stock at an exercise price equal to $0.37 per share.

  • Nagel(3) 10.2 Stock Option Agreement, dated December 6, 2010, by and between Alphabet Holding Company, Inc.

  • Lorber (incorporated by reference to Exhibit10.1 in Vector’s Form 8-K dated January 27, 2006).Exhibit 10.2: Stock Option Agreement, dated December 3, 2009, between Vector and HowardM.

  • For the avoidance of doubt, no Approved 102 Stock Option shall be deemed granted before the lapse of thirty (30) days from the due submission of this Appendix to the ITA.2.8 “Employee” – shall have the meaning ascribed to it in the Plan, and for the purpose hereof, shall also include a director and an individual who is serving as an Office Holder or director of any Affiliate of the Company, but excluding any Controlling Shareholder.

Related to 102 Stock Option

  • Company Stock Option means an option to purchase shares of Common Stock.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Company Stock Options means all options to acquire shares of Company Common Stock from the Company, whether granted pursuant to the Company Stock Plans or otherwise.

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Nonqualified Stock Option means an Option that is not an Incentive Stock Option.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Company Stock Option Plan means any equity incentive, stock option, stock bonus, stock award or stock purchase plan, program or arrangement, as amended to date, of the Company or any Company Subsidiary, or any predecessor of any of the foregoing, including the Company's 2003 Omnibus Stock Option Plan and 2000 Omnibus Stock Option Plan.

  • 102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • NQSO means any Option that is not an ISO.

  • Non-Statutory Stock Option means a right to purchase Common Stock granted to an Eligible Recipient pursuant to Section 6 of the Plan that does not qualify as an Incentive Stock Option.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • ISO means an employee incentive stock option described in Section 422(b) of the Code.

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.