Ordinary Income Option definition

Ordinary Income Option or “OIO” means an Approved 102 Option elected and designated by the Company to qualify under the ordinary income tax treatment in accordance with the provisions of Section 102(b)(1) of the Ordinance.
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Ordinary Income Option means a Trustee 102 Option intended to qualify under the ordinary income tax treatment in accordance with the provisions of Section 102(b)(1) of the Ordinance.
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Ordinary Income Option. (OIO)" as defined in Section 5.5 below.
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Examples of Ordinary Income Option in a sentence

  • Approved 102 Option may either be classified as Capital Gain Option (“ CGO”) or Ordinary Income Option (“OIO”).

  • Approved 102 Option may either be classified as Capital Gain Option ("CGO") or Ordinary Income Option ("OIO").

  • Approved 102 Option may either be classified as Capital Gain Option or Ordinary Income Option.

  • Approved 102 Option may either be classified as Capital Gain Option (“CGO”) or Ordinary Income Option (“OIO”).

  • Each Option Agreement shall state, among other matters, the number of shares of Stock to which the Option relates, the type of Option granted thereunder (whether a Capital Gains Option, Ordinary Income Option, Unapproved 102 Option, 3(i) Option, Incentive Option or Nonqualified Option), the Vesting Dates, the exercise price per share, the expiration date and such other terms and conditions as the Committee in its discretion may prescribe, provided that they are consistent with this Plan.

  • Approved 102 Awards may either be classified as Capital Gain Option (“ CGO”) or Ordinary Income Option (“OIO”).

  • Approved 102 Option may either be classified as Capital Gain Option (" CGO") or Ordinary Income Option ("OIO").

  • Each Option Agreement shall state, inter alia, the number of Shares to which the Option relates, the type of Option granted thereunder (whether Capital Gains Option, Ordinary Income Option, Unapproved 102 Option or 3(i) Option), the vesting provisions and the exercise price.

  • Optionee’s Name: _____________________ Date of Grant of Prior Plan Option: _____________________ Designation: [ ] 102 Capital Gain Option; or [ ] 102 Ordinary Income Option.

  • Approved 102 Option(s) may either be classified as Capital Gain Option (“ CGO”) or Ordinary Income Option (“OIO”).


More Definitions of Ordinary Income Option

Ordinary Income Option or “OIO” means a grant to an Israeli Eligible Person of an Option which the Company elects and designates to qualify for ordinary income tax treatment in accordance with the provisions of Section 102(b)(1) of the Ordinance.
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Ordinary Income Option. OR "OIO" shall have the meaning set forth in Section 5.4 below.
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Related to Ordinary Income Option

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.

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

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Nonqualifying Income means any amount that is treated as gross income for purposes of Section 856 of the Code and which is not Qualifying Income.

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

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

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

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

  • 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.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.

  • Non-Qualified Stock Option means any Stock Option that is not an Incentive Stock Option.

  • Employee Option means an Option granted pursuant to Section 5.

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

  • non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan;

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Incentive means a term or condition whose purpose is to motivate the Contractor to provide supplies or services at lower costs, and in certain instances with improved delivery or technical performance, by relating the amount of profit or fee earned to the Contractor’s performance.

  • Company Equity Awards means the Company Options, Company PSUs and Company RSUs.

  • Non-Qualified Option means an Option that is not an Incentive Stock Option.

  • Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.

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

  • Director Option means an Option granted pursuant to Section 6.

  • Company Stock Option Plan means the Company's 1999 Stock Option Plan.

  • Option Grant Date means, as to any Stock Option, the latest of: