Approved 102 Stock Option definition

Approved 102 Stock Option. – means a 102 Stock Option granted pursuant to Section 102(b) of the Ordinance, including any and all rules and regulations promulgated thereunder, as now in effect or as hereafter amended, and held in trust by a Trustee for the benefit of the Participant, pursuant to Section
Sample 1
Approved 102 Stock Option. – means a 102 Stock Option granted pursuant to Section 102(b) of the Ordinance, including any and all rules and regulations promulgated thereunder, as now in effect or as hereafter amended, and held in trust by a Trustee for the benefit of the Participant, pursuant to Section 102. Approved 102 Stock Options may either be classified as Capital Gain Stock Options or as Ordinary Income Stock Options.
Sample 1

Examples of Approved 102 Stock Option in a sentence

  • The Option is an Approved 102 Stock Option granted pursuant to Section 102(b) of the Israeli Income Tax Ordinance [new version]-1961 (the “Ordinance”) designated by the Company to qualify under the capital gain tax treatment in accordance with the provisions of Section 102(b)(2) of the Ordinance and held in trust by the Trustee for the benefit of the Optionee for a period of not less than two years (24 months) from the date of their issuance (the “Blocking Period”).

Related to Approved 102 Stock Option

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

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

  • 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.

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

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

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

  • Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Company Stock Option Plan means the Company's 1999 Stock Option Plan.

  • Parent Stock Option means any option to purchase Parent Common Stock.

  • 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.

  • Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.

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

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

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

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

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

  • 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.

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

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

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

  • Director Option means an Option granted pursuant to Section 6.