Non-Qualified Share Option definition

Non-Qualified Share Option means an Option that is not intended to be an Incentive Share Option.
Non-Qualified Share Option means any Share Option that is not an Incentive Share Option.
Non-Qualified Share Option means an Option that by its terms does not qualify or is not intended to qualify as an Incentive Share Option.

Examples of Non-Qualified Share Option in a sentence

  • Any Incentive Share Option or portion thereof that fails to qualify as an “incentive stock option” under Section 422 of the Code for any reason, including becoming exercisable with respect to Shares having a fair market value exceeding the $100,000 limitation under Treasury Regulation Section 1.422-4, will be a Non-Qualified Share Option.

  • The Administrator may amend, modify or terminate any outstanding Award, including by substituting another Award of the same or a different type, changing the exercise or settlement date, and converting an Incentive Share Option to a Non-Qualified Share Option.


More Definitions of Non-Qualified Share Option

Non-Qualified Share Option means an Option which is not an Incentive Share Option.
Non-Qualified Share Option means an Option not intended to qualify as an Incentive Share Option.
Non-Qualified Share Option or “NQO” means any Option that is not an Incentive Stock Option.
Non-Qualified Share Option means an Option that is not an Incentive Stock Option.
Non-Qualified Share Option means any Share Option granted to a Participant pursuant to this Plan which is not an ISO.
Non-Qualified Share Option means any Share Option that is not an Incentive Share Option, including any Share Option that provides (as of the time such Share Option is granted) that it will not be treated as an Incentive Share Option.
Non-Qualified Share Option means an Option which is not designated as an Incentive Share Option by the Administrator.