Qualified Stock Option definition

Qualified Stock Option means an Option intended to qualify as an incentive stock option within the meaning of section 422 of the Code, as designated in the applicable Stock Option Agreement;
Qualified Stock Option means an Option which is of the type described in Section 422(b) of the Code.
Qualified Stock Option means an option that meets the requirement of Section 1040.80 of the PR Code.

Examples of Qualified Stock Option in a sentence

  • To the extent that any Option does not qualify as an Incentive Stock Option, it shall be deemed a Non- Qualified Stock Option.

  • In the case of a Non Qualified Stock Option, if Shares are held for at least one year, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes.

  • All rights existing as to vested Stock Options as set forth herein shall remain in effect notwithstanding the adoption of a Qualified Stock Option Plan.

  • It is possible that the Corporation will, within twelve (12) months from the date of this Agreement, adopt a Qualified Stock Option Plan for members of its senior executive management, including Optionee.

  • In addition, where applicable, an appropriate discount rate is used, based on the Parent’s cost of capital rate.

  • In the event of such adoption, the Corporation agrees upon written request from Optionee to amend this Agreement so as to cancel all unvested option rights set forth herein, PROVIDED, HOWEVER that the same economic terms (including numbers of share options, vesting periods and price) remain the same with respect to Optionee, and are granted to Optionee, pursuant to the terms of the adopted Qualified Stock Option Plan.

  • This provision applies to individuals employed by or under contract to the motor carrier.(b) A motor carrier that employs or has under contract LCV drivers shall provide evidence of the certifications required by § 380.401 or § 380.111 of this part when requested by an authorized FMCSA, State, or local official in the course of a compliance review.

  • Upon requesting trekkers’ accommodation, if the hotel is full, Kokoda Spirit will organise to the best of its ability for alternative accommodation arrangements.

  • Form of Non Qualified Stock Option Agreement under the Employee Incentive Stock Option Plan.

  • To the extent that any Stock Option exceeds this limit, it shall constitute a Non- Qualified Stock Option.


More Definitions of Qualified Stock Option

Qualified Stock Option granted to each Eligible Director pursuant to Section 6(e) without any action by the Board or the Committee.
Qualified Stock Option means an Option that is not an "incentive stock option" within the meaning of Section 422 of the Code.
Qualified Stock Option means an option that meets the requirement of Section 1046 of the PR Code.
Qualified Stock Option with different tax effects. Except for the options currently issued to Munsxxxx xxxt are described above, he has no right to purchase from Micronics, directly or indirectly, any Micronics capital stock and holds no option, warrant or other right to acquire any such capital stock.
Qualified Stock Option is granted separate and apart from the Southwestern Energy Company 2000 Stock Incentive Plan, and any shares issued to the Participant upon exercise of this option shall be issued from treasury shares. This Non-Qualified Stock Option shall be exercisable only in accordance with the provisions of this Certificate and the Terms. This Non-Qualified Stock Option is not transferable except by Will or the laws of descent and distribution. The exercise price of the Optioned Shares shall be $_______ per share. This Non-Qualified Stock Option shall be exercisable in whole or in part; provided, that no partial exercise shall be for an aggregate exercise price of less than $1,000. The partial exercise of this Non-Qualified Stock Option shall not cause the expiration, termination or cancellation of the remaining portion hereof. This Non-Qualified Stock Option shall be exercised by delivering notice to the Company's principal office, to the attention of its Secretary, no less than one business day in advance of the effective date of the proposed exercise. Such notice shall be accompanied by this Certificate, shall specify the number of Optioned Shares with respect to which this Non-Qualified Stock Option is being exercised and the effective date of the proposed exercise and shall be signed by the Participant. The Participant may withdraw such notice at any time prior to the close of business on the business day immediately preceding the effective date of the proposed exercise.
Qualified Stock Option. As defined in Section 4.1(e).

Related to Qualified Stock Option

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

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

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

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

  • Qualified Stockholder means: (a) the record holder of a share of Class B Common Stock as of the IPO Date; (b) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the IPO Date pursuant to the exercise or conversion of any Option or Convertible Security that, in each case, was outstanding as of the IPO Date; (c) each natural person who, prior to the IPO Date, Transferred shares of capital stock of the Corporation to a Permitted Entity that is or becomes a Qualified Stockholder; (d) each natural person who Transferred shares of, or equity awards for, Class B Common Stock (including any Option exercisable or Convertible Security exchangeable for or convertible into shares of Class B Common Stock) to a Permitted Entity that is or becomes a Qualified Stockholder; and (e) a Permitted Transferee.

  • Non-Statutory Stock Option means a right to purchase Common Stock granted to an Eligible Recipient pursuant to Section 6 of the Plan that does not qualify as an Incentive Stock Option.

  • 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.

  • Disqualified Stock means, with respect to any Person, any Capital Stock of such Person which, by its terms (or by the terms of any security into which it is convertible or for which it is redeemable or exchangeable), or upon the happening of any event:

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.