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
Subject to the provisions of Section 6.6 hereof and Section 422 of the Code, each Stock Option shall be designated, in the sole discretion of the Committee, as an Incentive Stock Option or as 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 a Stock Option granted under Section 6 hereof that is not an Incentive Stock Option.
Nonqualified Stock Option means an Option not intended to qualify as 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 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 a stock option that is not intended to qualify as an “incentive stock option” within the meaning of Section 422 of the Code.
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.