Common use of Incentive Stock Option Clause in Contracts

Incentive Stock Option. The Option represented hereby is intended to be an Option that qualifies as an “Incentive Stock Option” under Section 422 of the Internal Revenue Code of 1986, as amended (“Code”), but only to the extent allowable under the Code. Any option which cannot be Incentive Options under the Code shall be Non-Incentive Options.

Incentive Stock Option. The This Option represented hereby is intended to be an Option that qualifies as an “Incentive Stock Optionincentive stock option” under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”), but only to the extent allowable under the Code. Any option which cannot Option fails to qualify as an incentive stock option, it will be Incentive Options under the Code shall be Nontreated as a non-Incentive Optionsstatutory stock option.

Incentive Stock Option. The Option represented hereby is [not] intended to be an Option that qualifies as an “"Incentive Stock Option” " under Section 422 of the Internal Revenue Code of 1986, as amended (“Code”the "code"), but only to the extent allowable under the Code. Any option which cannot be Incentive Options under the Code shall be Non-Incentive Options.

Incentive Stock Option. The This Option represented hereby is intended to be an Option that qualifies qualify as an “Incentive Stock Optionincentive stock option” under as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). If this Option fails in whole or in part to qualify as an incentive stock option, but only then this Option shall to the that extent allowable under the Code. Any option which cannot be Incentive Options under the Code shall be Non-Incentive Optionsconstitute a nonqualified stock option.

Incentive Stock Option. The Option represented hereby is [not] intended to be an Option that which qualifies as an “"Incentive Stock Option” " under Section 422 of the Internal Revenue Code of 1986, as amended (“"Code”"), but only to the extent allowable under the Code. Any option which cannot be Incentive Options under the Code shall be Non-Incentive Options.

Incentive Stock Option. The This Option represented hereby is intended to be an Option that qualifies as an “Incentive Stock Optionincentive stock option” under 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, but only 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-qualified stock option, subject to the extent allowable under the Code. Any option which cannot be Incentive Options under the Code shall be Non-Incentive Optionstax consequences applicable to such options.

Incentive Stock Option. The Option represented hereby is intended to be an Option that which qualifies as an “"Incentive Stock Option” " under Section 422 of the Internal Revenue Code of 1986, as amended (“Code”)amended. The grant of an Incentive Stock Option hereunder is subject to approval of the Plan by the stockholders of the Company, but only and if the approval is not obtained prior to 5 June 1999, the extent allowable under the Code. Any option which cannot Incentive Stock Option will be Incentive Options under the Code shall be Nondeemed a non-Incentive Optionsincentive option.

Incentive Stock Option. The This Option represented hereby is intended to be an Option that qualifies as an “Incentive Stock Optionincentive stock option” under 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, but only 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 extent allowable under tax consequences applicable to such options and potentially tax withholding upon exercise in accordance with Section 15 of the Code. Any option which cannot be Incentive Options under the Code shall be Non-Incentive OptionsPlan.

Incentive Stock Option. The This Option represented hereby is intended to be an Option that qualifies as an “Incentive Stock Optionincentive stock option” under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”); provided that if the Option or part thereof fails to qualify as an incentive stock option, but only to the extent allowable under the Code. Any option which cannot it will be Incentive Options under the Code shall be Nontreated as a non-Incentive Optionsstatutory stock option.

Incentive Stock Option. The Option represented hereby is not intended to be an Option that qualifies as an “Incentive Stock Option” under Section 422 of the Internal Revenue Code of 1986, as amended (“Code”), but only to amended. To the extent allowable under that the Code. Any option which canOption does not be Incentive Options under the Code so qualify, it shall be Nonconstitute a separate non-Incentive Optionsqualified option.

Incentive Stock Option. The This Option represented hereby is intended to be an Option “incentive stock option” as that qualifies as an “Incentive Stock Option” term is used under Section 422 of the Internal Revenue Code of 1986, as amended (“Code”), but only to the extent allowable under the Codeamended. Any portion of this Option which exceeds the limits contained in Internal Revenue Code Section 422 or would otherwise not qualify as an incentive stock option which cannot under that Section will be Incentive Options under the Code shall be Non-Incentive Optionstreated as a nonqualified stock option.

Incentive Stock Option. The Option represented hereby is [not]3 intended to be an Option that qualifies as an “Incentive Stock Option” under Section 422 of the Internal Revenue Code of 1986, as amended (“Code”), but only amended. 1 To be inserted if options are issued pursuant to the extent allowable under the Code. Any option which cannot be Incentive Options under the Code shall be Non-Incentive Optionsan employment or other agreement.