Non-Statutory Option definition

Non-Statutory Option means an option not intended to satisfy the requirements of Code Section 422.
Non-Statutory Option means an option which does not qualify as an Incentive Option;
Non-Statutory Option means any Option other than an Incentive Stock Option.

Examples of Non-Statutory Option in a sentence

  • To the extent such dollar limitation is exceeded, the accelerated portion of such option shall be exercisable as a Non-Statutory Option under the Federal tax laws.


More Definitions of Non-Statutory Option

Non-Statutory Option means an Option not intended to satisfy the requirements of Code Section 422.
Non-Statutory Option means an option that does not satisfy the requirements of Code Section 422.
Non-Statutory Option means an employee stock option not described in sections 422(b) or 423(b) of the Code.
Non-Statutory Option means an option which is not an Incentive Stock Option.
Non-Statutory Option means an option that is not an ISO.
Non-Statutory Option means an Option granted under this Plan in accordance with the requirements of the Code, as amended from time to time.
Non-Statutory Option means a stock option not qualifying for incentive stock option treatment under the provisions of Section 422 of the Code.