NSO definition

NSO means a stock option not described in sections 422 or 423 of the Code.
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NSO means a stock option not described in Sections 422(b) or 423(b) of the Code.
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NSO means a stock option not described in Code Sections 422 or 423.
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Examples of NSO in a sentence

  • The foregoing notwithstanding, no modification of an Option shall, without the consent of the Participant, materially impair such Participant’s rights or obligations under such Option; provided, however, that an amendment or modification that may cause an ISO to become an NSO, and any amendment or modification that is required to comply with the rules applicable to ISOs, shall not be treated as materially impairing the rights or obligations of the Participant.

  • Further, if for any reason this Option (or portion thereof) will not qualify as an ISO, then, to the extent of such nonqualification, such Option (or portion thereof) shall be regarded as a NSO granted under the Plan.

  • A SAR may be included in an ISO only at the time of grant but may be included in an NSO at the time of grant or thereafter.

  • However, if this Option is intended to be an ISO, to the extent that it exceeds the $100,000 rule of Code Section 422(d) it will be treated as an NSO.

  • The Exercise Price of an ISO shall not be less than 100% of the Fair Market Value of a Share on the date of grant, except as otherwise provided in Section 4(b), and the Exercise Price of an NSO shall not be less than 100% of the Fair Market Value of a Share on the date of grant.


More Definitions of NSO

NSO means a stock option that is not an ISO.
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NSO means an Option that does not qualify as an incentive stock option as described in Code Section 422(b) or 423(b).
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NSO means a stock option not described in Section 422(b) or 423(b) of the Code.
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NSO means any option granted under this Plan whether designated by the Committee as a "non-qualified stock option," a "non-statutory stock option" or otherwise, other than an option designated by the Committee as an ISO, or any option so designated but which, for any reason, fails to qualify as an ISO pursuant to Section 422 of the Code and the rules and regulations thereunder;
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NSO means an employee stock option that is not an ISO.
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NSO means an employee stock option not described in sections 422 or 423 of the Code.
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NSO means non-qualified stock options, which are not intended to qualify under Section 422 of the Code.
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