Nonstatutory Options definition

Nonstatutory Options means stock options that do not satisfy the requirements of section 422 of the Code.
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Nonstatutory Options means stock options which are not intended to qualify as ISOs.
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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.
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Examples of Nonstatutory Options in a sentence

  • Options granted under the Plan may include Nonstatutory Options as well as ISOs intended to qualify under Section 422 of the Code.

  • Only Employees, Outside Directors and Consultants shall be eligible for the grant of Nonstatutory Options or the direct award or sale of Shares.

  • Except for Nonstatutory Options granted to Participants outside the United States, no Option granted under the Plan shall be exercisable for more than ten years from the Grant Date.

  • Substitute Options may be Nonstatutory Options or Incentive Stock Options.

  • The stock options or portions of stock options to be reclassified as Nonstatutory Options are those with the highest option prices, whether granted under this Plan or any other equity compensation plan of the Company or any Affiliate that permits that treatment.

  • With respect to Nonstatutory Options granted to employees, directors or consultants, the Board may specify such period for exercise, not less than 30 days (except that in the case of "termination for cause" or removal of a director, the Option shall automatically terminate as of the termination of employment or services as to shares covered by the Option, following termination of employment or services as the Board deems reasonable and appropriate.

  • 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.

  • The Exercise Price of all Nonstatutory Options granted to an Outside Director under this Section 4(b) shall be equal to 100% of the Fair Market Value of a Share on the date of grant, payable in one of the forms described in Section 8(a), (b) or (d).

  • All Consultants are eligible to participate in this Plan and receive Nonstatutory Options hereunder.

  • Options granted under the Plan may include Nonstatutory Options as well as ISOs intended to qualify under Section 422 of the Code.Capitalized terms are defined in Section 12.


More Definitions of Nonstatutory Options

Nonstatutory Options means an option granted pursuant to the Plan -------------------- which does not qualify as an ISO.
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Nonstatutory Options means stock options that are not intended to be or are not denominated as Incentive Options.
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Nonstatutory Options means stock options that are not intended to qualify as ISOs.
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Nonstatutory Options means Options which do not qualify as Incentive Stock Options;
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Nonstatutory Options means stock options which at the time granted are not intended to qualify as ISOs.
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Nonstatutory Options means stock options that are not intended to satisfy the requirements of section 422 of the Code.
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Related to Nonstatutory Options

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

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

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

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

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Noncompensatory Option has the meaning set forth in Treasury Regulation Section 1.721-2(f).

  • Non-Statutory Option means an option not intended to satisfy the requirements of Code Section 422.

  • NQSO means any Option that is not an ISO.

  • SARS means the South African Revenue Service.

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

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

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

  • 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.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • NSO means a stock option not described in sections 422 or 423 of the Code.

  • Company Stock Option Plans has the meaning ascribed to it in Section 2.6(c).

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • ISO means an employee incentive stock option described in Section 422(b) of the Code.