Nonqualified Option Agreement definition

Nonqualified Option Agreement means an Option Agreement with respect to a Nonqualified Option.
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Examples of Nonqualified Option Agreement in a sentence

  • Nonqualified Option Agreement" means an Option Agreement with respect to a Nonqualified Option.

  • Each nonqualified option granted pursuant to this Plan shall be evidenced by a written Nonqualified Option Agreement which shall specify that the options subject thereto are nonqualified options.

  • The granting of a nonqualified option shall take place only when this written Nonqualified Option Agreement shall have been duly executed and delivered by or on behalf of the Company to the optionee to whom such nonqualified option shall be granted.

  • Each Nonqualified Option shall expire on the date specified in the Nonqualified Option Agreement, which date shall not be later than the tenth anniversary of the date on which the Nonqualified Option was granted.

  • Nonqualified Option Agreement" means ----------------------------- an Option Agreement with respect to a Nonqualified Option.

  • The events of termination of employment (or business relationship in the case of a consultant) set forth in an optionee's Nonqualified Option Agreement shall continue to be applied with respect to the original optionee, following which the Nonqualified Options shall be exercisable by the transferee only to the extent, and for the periods specified, therein.

  • Each Nonqualified Option Agreement and Incentive Stock Option Agreement shall state whether the Committee has authorized Reload Options with respect to the underlying Nonqualified Options or Incentive Stock Options.

  • Any Nonqualified Option Agreement may contain such other terms, provisions and conditions as may be determined by the Administrator.

  • Nonqualified Option Agreement" means ----------------------------- ----------------------------- an Option Agreement with respect to a Nonqualified Option.

  • Any Nonqualified Option Agreement and any Restricted Share Agreement may contain such other terms, provisions and conditions as may be determined by the Administrator, including without limitation the option of the Company to repurchase any shares issued under the Plan upon termination of employment and any proposed transfer of such shares.

Related to Nonqualified Option Agreement

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to the Optionee’s Option.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Option Agreement means a written agreement between the Company and an Optionholder evidencing the terms and conditions of an individual Option grant. Each Option Agreement shall be subject to the terms and conditions of the Plan.

  • Nonqualified Stock Option means an Option that is not an Incentive Stock Option.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • Restricted Stock Agreement means the agreement between the Company and the recipient of a Restricted Share that contains the terms, conditions and restrictions pertaining to such Restricted Share.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Stock Award Agreement means a written agreement between the Company and a holder of a Stock Award evidencing the terms and conditions of an individual Stock Award grant. Each Stock Award Agreement shall be subject to the terms and conditions of the Plan.