Nonstatutory Share Option definition

Nonstatutory Share Option or “NSO” means an Option that by its terms does not qualify or is not intended to qualify as an ISO.
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Nonstatutory Share Option means an Option not intended to qualify as an Incentive Stock Option.
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Nonstatutory Share Option means an Option that by its terms does not qualify or is not intended to qualify as an Incentive Share Option.
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Examples of Nonstatutory Share Option in a sentence

  • Nevertheless, to the extent that it exceeds the US$100,000 rule of Section 422(d) of the Code, this Option will be treated as a Nonstatutory Share Option.

  • However, if this Option is intended to be an ISO, this Option will be treated only to the extent that complies with the requirements of the Code applicable to ISOs, including (without limitation) that it does not exceed the $100,000 rule of Code Section 422(d) and is exercised within the applicable exercise periods for ISOs using a payment method that is permissible for ISOs. To the extent that the Option does not satisfy these requirements, it shall be treated as a Nonstatutory Share Option (“NSO”).

  • Each election to exercise this option shall be accompanied by a completed Notice of Nonstatutory Share Option Exercise in the form attached hereto as Exhibit B, signed by the Participant, and received by the Company at its principal office, accompanied by this Agreement, and payment ​ in full in the manner provided in the Plan.

  • However, if this Option is intended to be an Incentive Share Option, to the extent that it exceeds the $100,000 rule of Code Section 422(d) it shall be treated as a Nonstatutory Share Option ("NSO").


More Definitions of Nonstatutory Share Option

Nonstatutory Share Option means an Option that is not intended to, or does not, in fact, qualify as an Incentive Share Option.
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Nonstatutory Share Option means any Option that does not qualify as an “incentive stock option” within the meaning of Section 422 of the Code.
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Nonstatutory Share Option or “NSO” means a share option that is not an ISO.
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Nonstatutory Share Option means any Option granted pursuant to Section 5 of the Plan that does not qualify as an Incentive Share Option.
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Nonstatutory Share Option means any Option that is not an Incentive Stock Option.
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Nonstatutory Share Option means an Option not intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.
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Nonstatutory Share Option means an Option not intended to qualify as an Incentive Share Option, as designated in the applicable Option Agreement.
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