Non-Statutory Option definition

Non-Statutory Option means an option not intended to satisfy the requirements of Code Section 422.

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Non-Statutory Option means any Option other than an Incentive Stock Option.

Non-Statutory Option means an option which does not qualify as an Incentive Option;

Examples of Non-Statutory Option in a sentence

Should such One Hundred Thousand Dollar ($100,000) limitation be exceeded in any calendar year, this option shall nevertheless become exercisable for the excess shares in such calendar year as a Non-Statutory Option.
The Corporation hereby grants to Optionee, as of the Grant Date, a Non-Statutory Option to purchase up to the number of Option Shares specified in the Grant Notice.
Should the applicable One Hundred Thousand Dollar ($100,000) limitation be exceeded in the calendar year of such Change in Control, the option may nevertheless be exercised for the excess shares in such calendar year as a Non-Statutory Option.
Should the applicable One Hundred Thousand Dollar ($100,000) limitation be exceeded in the calendar year of such Corporate Transaction, the option may nevertheless be exercised for the excess shares in such calendar year as a Non-Statutory Option.
In the event that Incentive Option treatment is not available, this option will be taxed as a Non-Statutory Option upon exercise.

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.

Non-Statutory Option means a Stock Option intended to not qualify as an Incentive Stock Option.

Non-Statutory Option means an Option which is not an Incentive Stock Option.