Nonqualified Stock Options definition

Nonqualified Stock Options means Stock options that do not meet the requirements of Code Section 422.

Nonqualified Stock Options means a stock option granted to an Eligible Employee to purchase shares of Stock which is not intended to qualify as an "incentive stock option" as defined in Section 422A of the Code.

Nonqualified Stock Options means options granted under the Plan to purchase Stock which are not Incentive Stock Options.

Examples of Nonqualified Stock Options in a sentence

• All Options granted under the Plan shall be Nonqualified Stock Options unless the applicable Award Agreement expressly states that the Option is intended to be an Incentive Stock Option.

• Each Award Agreement evidencing an Award of Options shall specify whether such Options are intended to be Non-qualified Stock Options or Incentive Stock Options, and in the absence of such specification such options shall be deemed Non-qualified Stock Options.

• Nonqualified Stock Options may be granted to Employees, Non-Employee Directors and Key Advisors.

• All Options shall be separately designated Incentive Stock Options or Non-qualified Stock Options at the time of grant, and, if certificates are issued, a separate certificate or certificates will be issued for shares of Common Stock purchased on exercise of each type of Option.

• The Committee may grant Incentive Stock Options or Nonqualified Stock Options or any combination of the two, all in accordance with the terms and conditions set forth herein.

More Definitions of Nonqualified Stock Options

Nonqualified Stock Options means Options that are not intended to qualify as incentive stock options within the meaning of Section 422 of the Code.

Nonqualified Stock Options means options that are not intended to qualify for favorable income tax treatment under Sections 421 through 424 of the Code.

Nonqualified Stock Options means Options that are not intended to qualify as Incentive Stock Options.

Nonqualified Stock Options means any options granted pursuant to this Plan that are not Incentive Stock Options.

Nonqualified Stock Options means Option Rights intended by the Board not to qualify as “incentive stock options” under Section 422 of the Code.

Nonqualified Stock Options means Option Rights other than Incentive Stock Options.

Nonqualified Stock Options means nonqualified stock options as defined in and issued under the Company’s 2004 Stock Incentive Plan.