Incentive Options definition

Incentive Options means an option to subscribe for one Ordinary Share in the capital of the Company.

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Incentive Options means “incentive stock options,” as defined in Section 422 of the Code.

Incentive Options means stock options that are intended to satisfy the requirements of section 422 of the Code.

Examples of Incentive Options in a sentence

• To the extent that any Incentive Options are first exercisable by the Participant in excess of such limitation, the excess shall be considered a Nonqualified Option.

• To the extent the Employee holds two (2) or more such options which become exercisable for the first time in the same calendar year, the foregoing limitation on the exercisability of such options as Incentive Options shall be applied on the basis of the order in which such options are granted.

• Should Optionee hold, in addition to this option, one or more other options to purchase Common Stock which become exercisable for the first time in the same calendar year as this option, then the foregoing limitations on the exercisability of such options as Incentive Options shall be applied on the basis of the order in which such options are granted.

• The terms specified below shall be applicable to all Incentive Options.

• To obtain certain tax benefits afforded to Incentive Options, an Optionee must hold the shares issued upon the exercise of an Incentive Option for two years after the date of grant of the Option and one year from the date of exercise.

More Definitions of Incentive Options

Incentive Options means stock options that are intended to satisfy the requirements of section 422A of the Code.

Incentive Options means Options, which are incentive stock options under section 422 of the Code.

Incentive Options means "incentive stock options" as that term is defined in the Code Section 422, Section 422A, or the successor to either of them.

Incentive Options is defined in Section 6.3 hereof.

Incentive Options and "Incentive Stock") shall be governed by the particular stock incentive plan or individual stock option agreement or restricted stock agreement under which such Incentive Options or Incentive Stock was granted. Notwithstanding the foregoing, if a Change in Control Date occurs during the Employment Period but after the Effective Date, then, effective upon the Change in Control Date, each outstanding Incentive Option or each share of Incentive Stock held by the Executive shall become (to the extent it is not already) immediately exercisable or vested in full. Solely for purposes of this subsection 3.2(c) "Cause" shall mean willful engagement in illegal conduct or gross misconduct which is materially and demonstrably injurious to the Companies.

Incentive Options has the meaning set forth in Section 3.1(e).

Incentive Options means "incentive stock options," as defined in Section 422 of the Code.