ISO definition
Examples of ISO in a sentence
Tenant will purchase and maintain at Tenant’s expense commercial property insurance (under which Landlord is an additional insured) that will at a minimum cover the perils insured under the ISO Special Form, including the full replacement cost of all alterations, changes, wall Lease Agreement coverings, floors, furnishings, decorations, additions, fixtures, and improvements of Tenant in the Leased Premises in the event of a loss.
The rules under Section 6.6 of this Plan generally shall apply when an optionee holding an ISO terminates Service.
Notwithstanding anything in part (a) and (b) above, no ISO may be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated, other than by will or the laws of descent or distribution.
Award Agreements shall specify the Option Exercise Price, the duration of the Option, the number of Shares to which the Option pertains, provisions for vesting and exercisability, whether the Option is an ISO or NSO, and such other provisions as the Committee shall determine.