Nonstatutory Options definition

Nonstatutory Options means stock options which are not intended to qualify as ISOs.

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Nonstatutory Options means stock options that do not satisfy the requirements of section 422 of the Code.

Nonstatutory Options means an option granted pursuant to the Plan which does not qualify as an incentive stock option under Section 422 of the Code.

Examples of Nonstatutory Options in a sentence

The notice of exercise shall state the number of shares of Common Stock as to which the Options are being exercised, and the Corporation shall determine whether the Options exercised are ISOs or Nonstatutory Options.
The Committee may grant Incentive Stock Options and Nonstatutory Options to the same Participant, but not in tandem.
Only common-law employees of the Company, a Parent or a Subsidiary shall be eligible for the grant of ISOs. Only Employees, Consultants and Outside Directors shall be eligible for the grant of Restricted Shares, Stock Units, Nonstatutory Options or SARs.
Options of Incentive Options granted prior to stockholder approval of the Plan are hereby expressly conditioned upon such approval, but in the event of the failure of the stockholders to approve the Plan shall thereafter and for all purposes be deemed to constitute Nonstatutory Options.
Awards of Incentive Options granted prior to stockholder approval of the Plan are expressly conditioned upon such approval, but in the event of the failure of the stockholders to approve the Plan shall thereafter and for all purposes be deemed to constitute Nonstatutory Options.

Nonstatutory Options means an option granted pursuant to the Plan which does not qualify as an ISO.

Nonstatutory Options means stock options that are not intended to qualify as ISOs.

Nonstatutory Options means stock options that are not intended to be or are not denominated as Incentive Options.

Nonstatutory Options means stock options which at the time granted are not intended to qualify as ISOs.

Nonstatutory Options means Options which do not qualify as Incentive Stock Options;

Nonstatutory Options means stock options that do not satisfy the requirements of section 422A of the Code.

Nonstatutory Options means stock options that are not intended to satisfy the requirements of Section 422 of the Code.