Section 422 definition

Section 422 means Section 422 of the Code, any rules or regulations promulgated thereunder, as they may exist or may be amended from time to time, or any successor to such section.
Section 422 means Section 422 of the Code.
Section 422 means Section 422 of the Code, including the Treasury Regulations thereunder and other applicable Internal Revenue Service guidance.

Examples of Section 422 in a sentence

  • Neither the Company nor the Administrator will be liable to a Participant, or any other party, if an Incentive Stock Option fails or ceases to qualify as an “incentive stock option” under Section 422 of the Code.

  • If “ISO” is selected on Exhibit A hereto, this Option is intended to qualify as an Incentive Stock Option (“ISO”) as defined in Section 422 of the Code.

  • The Option is intended to be a non-qualified stock option, and is not intended to be treated as an option that complies with Section 422 of the Internal Revenue Code of 1986, as amended.

  • The maximum number of Shares that may be issued upon exercise of Options intended to qualify as incentive stock options under Section 422 of the Code shall be 5,300,000.

  • The Option is not intended to be an “incentive stock option,” as that term is used in Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).


More Definitions of Section 422

Section 422 means Section 422 of the Code or any successor statute and the Treasury Regulations promulgated thereunder, as they may be amended from time to time.
Section 422 means Section 422 of the Code and all regulations and guidance promulgated thereunder as in effect from time to time.
Section 422 means Section 422 of the Code, or any successor provision, as amended from time to time, and any regulations thereunder.
Section 422 means Section 422 of the Code and the regulations and guidance promulgated thereunder.
Section 422 means Section 422 of the Code and the Treasury Regulations thereunder.
Section 422. Section 422 of the Code and the regulations thereunder.
Section 422 means Section 422 of the Code or any successor