Nonqualified Stock Option definition

Nonqualified Stock Option means an Option that is not an Incentive Stock Option.
Nonqualified Stock Option means any Stock Option that is not an Incentive Stock Option.
Nonqualified Stock Option means an Option which is not designated by the Committee as an Incentive Stock Option.

Examples of Nonqualified Stock Option in a sentence

  • Notwithstanding the foregoing, a Nonqualified Stock Option may be granted with an exercise price lower than the minimum exercise price set forth above if such Award is granted pursuant to an assumption or substitution for another option in a manner qualifying under the provisions of that complies with Section 424(a) of the Code or 1.409A-1(b)(5)(v)(D) of the U.S. Treasury Regulations or any successor guidance.

  • 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 Stock Option to a Nonqualified Stock Option.

  • Without limitation of the foregoing, with respect to Incentive Stock Option and Nonqualified Stock Option, there is no guarantee that the Internal Revenue Service (“ IRS”) will determine that the Exercise Price of these Options represent the fair market value thereof as of the Date of Grant in compliance with the requirements of Section 409A of the Code.

  • However, if for any reason the Awards granted pursuant to this Section 7 (or portion thereof) does not qualify as an Incentive Stock Option, then, to the extent of such non-qualification, such Option (or portion thereof) shall be regarded as a Nonqualified Stock Option granted under this Plan.

  • Any Incentive Stock 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 Nonqualified Stock Option.


More Definitions of Nonqualified Stock Option

Nonqualified Stock Option means an Option other than an Incentive Stock Option.
Nonqualified Stock Option means an option to purchase Shares which is not intended to be an Incentive Stock Option.
Nonqualified Stock Option means a Stock Option granted under Section 6 hereof that is not an Incentive Stock Option.
Nonqualified Stock Option or "NQSO" means an option to purchase Shares granted under Article 6 herein and which is not intended to meet the requirements of Code Section 422.
Nonqualified Stock Option or “NQSO” means an Option that is not intended to meet the requirements of Code Section 422, or that otherwise does not meet such requirements.
Nonqualified Stock Option means an Option not intended to qualify as an Incentive Stock Option.
Nonqualified Stock Option means a stock option that is not intended to qualify as an “incentive stock option” within the meaning of Section 422 of the Code.