Non-Qualified Option definition
Non-Qualified Option means an Option that is not an Incentive Stock Option.
Non-Qualified Option means any Option other than an Incentive Option.
Non-Qualified Option means any Option granted under this Plan which is not an Incentive Stock Option.
Examples of Non-Qualified Option in a sentence
This option is intended to be a Non-Qualified Option; it is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986 (the “Code”).
If any portion of this option is treated as a Non-Qualified Option, the Employee agrees that the Company may withhold from the Employee’s wages the appropriate amount of federal, state and local withholding taxes attributable the to grant or to the Employee’s exercise of such Non-Qualified Option.
More Definitions of Non-Qualified Option
Non-Qualified Option means an Option which is not an Incentive Stock Option and which is designated as a Non-Qualified Option by the Committee.
Non-Qualified Option means an Option that is not an Incentive Option.
Non-Qualified Option means an Option not intended to be an Incentive Stock Option, and designated as a Non-Qualified Option.
Non-Qualified Option means the right to purchase shares of Stock that is either (i) granted to a Participant who is not an Employee, or (ii) granted to an Employee and either is not designated by the Committee to be an ISO or does not satisfy the requirements of Section 422 of the Code.
Non-Qualified Option means any option not intended to qualify as an Incentive Stock Option.
Non-Qualified Option means an option not intended to satisfy the requirements of Code Section 422 and which is granted pursuant to Article II of the Plan.
Non-Qualified Option means an Option not intended or not qualifying as an Incentive Option.