Non-Incentive Options definition

Non-Incentive Options means an Option which is not an Incentive Stock Option
Non-Incentive Options means stock options that do not satisfy the requirements of section 422A of the Code.

Examples of Non-Incentive Options in a sentence

  • Any option which cannot be Incentive Options under the Code shall be Non-Incentive Options.

Related to Non-Incentive Options

  • Incentive Option means an Option that is intended to comply with the requirements set forth in Section 422 of the Code.

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

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

  • 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.

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