3(i) Options definition

3(i) Options means Company Options subject to Tax in accordance with Section 3(i) of the Ordinance.

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3(i) Options means options granted pursuant to Section 3(i) of the Israeli Income Tax Ordinance (New Version) 1961.

3(i) Options means Options that do not contain such terms as will qualify them for the special tax treatment under New Section 102.

Examples of 3(i) Options in a sentence

Section 3(i) Options may be granted only to Employees who are Controlling Shareholders prior to and/or after the issuance of the Options.
For the avoidance of doubt, the provisions set forth in this Sub-Plan that specifically relate to Awards subject to Section 102 do not apply to 3(i) Options.
Individuals that are not Eligible 102 Participants may be granted only 3(i) Options under this Sub-Plan.
The application for the Israeli 102 Tax Ruling shall include a reference to the tax continuity (including with respect to any lock up period), which will apply to the portion of the consideration payable in shares of the Buyer (including with respect of Company 3(i) Options).
The application for the Israeli 102 Tax Ruling shall include a reference to the tax continuity (including with respect to any lock up period), which will apply to the portion of the consideration payable in shares of Buyer (including with respect of Company 3(i) Options).

More Definitions of 3(i) Options

3(i) Options. Company Options subject to tax in accordance with Section 3(i) of the ITO.

3(i) Options. - means Options granted to Optionees resident in the State of Israel that do not contain such terms as will qualify them under Section 102 of the Tax Ordinance.

3(i) Options means Outstanding Options granted pursuant to Section 3(i) of the Israeli Tax Code.

3(i) Options. - means Options that do not contain such terms as will qualify under Section 102 of the Tax Ordinance. Such options are available for issuance to any person which the Board determined to be eligible for such options.

3(i) Options means an Option intended to qualify under Section 3(i) of the Ordinance.

3(i) Options. – means Options that are not subject to taxation under Section 102. Such options are available for issuance to non-Employees selected by the Board.

3(i) Options means Options that do nut contain such terms that will qualify them for the special tax treatment under Section 102.