Incentive Option means an option which satisfies the requirements of Code Section 422.
Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.
Incentive Option means an Option that is intended to comply with the requirements set forth in Section 422 of the Code.
Examples of Incentive Option in a sentence
Each Award Agreement evidencing an Incentive Option shall, in addition, be subject to the provisions of Section VI.F below.
The portion of any Incentive Option accelerated in connection with a Change in Control shall remain exercisable as an Incentive Option only to the extent the applicable One Hundred Thousand Dollar ($100,000) limitation is not exceeded.
If any Employee to whom an Incentive Option is granted is a 10% Stockholder, then the exercise price per share shall not be less than one hundred ten percent (110%) of the Fair Market Value per share of Common Stock on the option grant date, and the option term shall not exceed five (5) years measured from the option grant date.
More Definitions of Incentive Option
Incentive Option means an option to purchase Stock granted under this Plan which is designated as an "Incentive Option" and satisfies the requirements of Section 422 of the Code.
Incentive Option means an option that satisfies the requirements of Code Section 422.
Incentive Option means an Option that is designated by the Administrator as an Incentive Option pursuant to Section 7 and intended to meet the requirements of incentive stock options under Code Section 422.
Incentive Option means any option that satisfies the requirements of Code Section 422 and is granted pursuant to Article III of the Plan.
Incentive Option means an incentive stock option as defined under Section 422 of the Code and regulations thereunder.
Incentive Option means an Option designated as such and granted in accordance with Section 422 of the Code.