Non-Qualified Stock Option definition
Non-Qualified Stock Option means any Stock Option that is not an Incentive Stock Option.
Non-Qualified Stock Option means an option granted under Section 6(a) of the Plan that is not intended to be an Incentive Stock Option.
Non-Qualified Stock Option means an Option not intended to qualify as an Incentive Stock Option.
Examples of Non-Qualified Stock Option in a sentence
In the event this Option or any portion thereof fails to qualify as an Incentive Stock Option for any reason whatsoever, this Option or such portion thereof shall automatically be deemed a Non-Qualified Stock Option.
For example, to the extent that this Option or any portion thereof becomes or remains exercisable after the expiration of three months following the Optionee’s termination of employment (other than by reason of death or Disability), this Option shall no longer qualify as an Incentive Stock Option but shall be deemed to be a Non-Qualified Stock Option for tax purposes.
More Definitions of Non-Qualified Stock Option
Non-Qualified Stock Option means an Option that is not intended to be an Incentive Stock Option.
Non-Qualified Stock Option means any Stock Option awarded under the Plan that is not an Incentive Stock Option.
Non-Qualified Stock Option means an Option that by its terms does not qualify or is not intended to qualify as an Incentive Stock Option.
Non-Qualified Stock Option means an Option other than an Incentive Stock Option.
Non-Qualified Stock Option means an Option that is not an Incentive Stock Option or which is designated as an Incentive Stock Option but does not meet the applicable requirements of Section 422 of the Code.
Non-Qualified Stock Option means an Option, or portion thereof, not intended or not qualifying as an Incentive Stock Option.
Non-Qualified Stock Option means an Option which is not an Incentive Stock Option.