ISO Stock definition

ISO Stock means any share of Company Capital Stock acquired upon the exercise of any Company Options that qualified as “incentive stock options” under Section 422 of the Code if the disposition of such share incident to the Merger causes a failure of the holding period requirement of Section 422(a)(1) of the Code.
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Examples of ISO Stock in a sentence

  • The exercise of Employee’s vested options and shares shall continue to be governed by the terms and conditions of the Company’s ISO Stock Agreements.

  • C) An Incentive Stock Option ("ISO") Stock Option Grant for One Hundred and Fifty Thousand (150,000) shares of APS Class A Common Stock with an exercise price of $2.85 per share, based on a five year vesting schedule at twenty percent (20%) per year.

  • The Company will provide an additional equity award of 80,000 ISO Stock Options at the first anniversary of the start date.

  • In the event that your employment is terminated for any reason or no reason, all rights to exercise unvested stock options will be cancelled as per the applicable ISO Stock Options Plan, except as expressly set forth below.

  • A list of the ISO Stock Options and NQ Stock Options vested as of the date of this Agreement and to become vested pursuant to this Section is attached as Exhibit A.