Common use of Incentive Stock Option Clause in Contracts

Incentive Stock Option. This Agreement is intended to be an incentive stock option agreement as defined in Section 422 of the Code; provided, however, that if the option shall fail to constitute an incentive stock option for any reason, the option shall thereafter be governed by the provisions of the Plan regarding nonqualified stock options.

Appears in 43 contracts

Samples: Incentive Stock Option Agreement (United Security Bancshares), Incentive Stock Option Agreement (Community Valley Bancorp), Incentive Stock Option Agreement (United Security Bancshares)

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Incentive Stock Option. This Agreement is intended to be an incentive stock option agreement as defined in Section 422 of the Code; provided, however, that if the option shall fail to constitute an incentive stock option for any reason, the option shall thereafter be governed by the provisions of the Plan regarding nonqualified stock options.

Appears in 10 contracts

Samples: Incentive Stock Option Agreement (Bank Holdings), Incentive Stock Option Agreement (Community Valley Bancorp), Incentive Stock Option Agreement (Mission Bancorp)

Incentive Stock Option. This Agreement option is intended to be qualify as an incentive stock option agreement as defined in (“Incentive Stock Option”) within the meaning of Section 422 of the Code; provided, however, that if the option shall fail to constitute an incentive stock option for any reason, the option shall thereafter be governed by the provisions . Any provision of this Agreement or the Plan regarding nonqualified stock optionswhich conflicts with the requirements of qualification as an Incentive Stock Option under the Code is null and void to the extent of such conflict and any ambiguities shall be resolved so that this option qualifies as an Incentive Stock Option.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Verenium Corp), Incentive Stock Option Agreement (Clinical Data Inc)

Incentive Stock Option. This Agreement option is intended to be qualify as an incentive stock option agreement as defined in ("Incentive Stock Option") within the meaning of Section 422 of the Code; provided, however, that if the option shall fail to constitute an incentive stock option for any reason, the option shall thereafter be governed by the provisions . Any provision of this Agreement or the Plan regarding nonqualified stock optionswhich conflicts with the requirements of qualification as an Incentive Stock Option under the Code is null and void to the extent of such conflict and any ambiguities shall be resolved so that this option qualifies as an Incentive Stock Option.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Clinical Data Inc), Incentive Stock Option Agreement (Starmet Corp)

Incentive Stock Option. This Agreement option is intended to be qualify as an incentive stock option agreement as defined in (“Incentive Stock Option”) within the meaning of Section 422 of the Code; provided, however, . Any provision of this Agreement which conflicts with the requirements of qualification as an Incentive Stock Option under the Code is null and void to the extent of such conflict and any ambiguities shall be resolved so that if the this option shall fail to constitute qualifies as an incentive stock option for any reason, the option shall thereafter be governed by the provisions of the Plan regarding nonqualified stock optionsIncentive Stock Option.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Avalon Pharmaceuticals Inc), Incentive Stock Option Agreement (Avalon Pharmaceuticals Inc)

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Incentive Stock Option. This Agreement is intended to be an incentive stock option agreement as defined in Section 422 of the CodeSection; provided, however, that if the option shall fail to constitute an incentive stock option for any reason, the option shall thereafter be governed by the provisions of the Plan regarding nonqualified stock options.

Appears in 1 contract

Samples: Form of Incentive Stock Option Agreement (Plumas Bancorp)

Incentive Stock Option. This Agreement option is intended to be qualify as an incentive stock option agreement as defined in ("Incentive Stock Option") within the meaning of Section 422 of the Code; provided, however, that if the option shall fail to constitute an incentive stock option for any reason, the option shall thereafter be governed by the provisions . Any provision of this Agreement or the Plan regarding nonqualified stock optionswhich conflicts with the Code is null and void and any ambiguities shall be resolved so that this option qualifies as an Incentive Stock Option.

Appears in 1 contract

Samples: Stock Option Agreement (Boston Acoustics Inc)

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