Common use of Incentive Stock Option Clause in Contracts

Incentive Stock Option. This Option is intended to be an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), and will be interpreted accordingly. To the extent that, for any reason, the Option does not qualify as an incentive stock option under Code Section 422, the Option will be treated as a non-statutory stock option, subject to the tax consequences applicable to such options.

Incentive Stock Option. This Option option is intended to be qualify as an “incentive stock option” within the meaning of Incentive Stock Option under Section 422 of the Internal Revenue Code of 1986, as amended (the “"Code”"), and will be interpreted accordingly. To In the extent that, for any reason, event the Option does not qualify as an $100,000 limit concerning the exercisability of incentive stock options by an optionee during any calendar year is exceeded, only the portion of this option under Code Section 422, that exceeds that limit shall constitute a nonstatutory stock option and this shall not cause the Option will terms of this Agreement to cease to apply or be treated as a non-statutory stock option, subject to the tax consequences applicable to such optionseffective.

Incentive Stock Option. This Option option is intended to be an “incentive stock option” option within the meaning of Section 422 422(b) of the Internal Revenue Code of 1986, as amended (the “"Code”), and will be interpreted accordingly") for all of the shares subject to the option hereunder. To the extent that, for that any reason, the Option option does not qualify as an incentive stock option under Code Section 422option, the Option will be treated as it shall constitute a separate non-statutory qualified stock option, subject to the tax consequences applicable to such options.

Incentive Stock Option. This Option option is intended to be qualify as an “incentive stock option” option (“Incentive Stock Option”) within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended or replaced from time to time (the “Code”), . Any provision of this Agreement or the Plan which conflicts with the requirements of qualification as an Incentive Stock Option under the Code is null and will be interpreted accordingly. To void to the extent that, for of such conflict and any reason, the Option does not qualify ambiguities shall be resolved so that this option qualifies as an incentive stock option under Code Section 422, the Option will be treated as a non-statutory stock option, subject to the tax consequences applicable to such optionsIncentive Stock Option.