Non-Statutory Stock Option Sample Clauses

Non-Statutory Stock Option. This option is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Code.
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Non-Statutory Stock Option. This Option is not intended to be an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).
Non-Statutory Stock Option. The grant of these options will be deemed non-statutory stock options and the Employee will be responsible for taxes in accordance with the Internal Revenue Code. The Employer will have no responsibility for advising the Employee as to the taxability, tax consequences, or tax effects of the stock options granted under this Agreement.
Non-Statutory Stock Option. No portion of the Option constitutes an Incentive Stock Option. The Option granted hereunder constitutes a Non-Statutory Stock Option.
Non-Statutory Stock Option. This Option is a Non-Statutory Stock Option as defined in the Plan, and is not intended to be an "Incentive Stock Option" as that term is defined in Section 422 of the Internal Revenue Code, as amended.
Non-Statutory Stock Option. The Option shall be a Non-Statutory Stock Option, as defined in the Plan.
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Non-Statutory Stock Option. This Agreement is intended to be a Non-Statutory Stock Option as defined in the Plan, which is not intended to qualify for the tax treatment applicable to incentive stock options under section 422 of the Internal Revenue Code of 1986, as amended.
Non-Statutory Stock Option. The option evidenced by this Non-Statutory Stock Option Agreement (“Agreement”) is not intended to be an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the “Code”). Except as otherwise indicated by the context, the term “Participant”, as used in this option, shall be deemed to include any person who acquires the right to exercise this option validly under its terms.
Non-Statutory Stock Option. The Optionee may incur regular federal income tax liability upon exercise of a NSO. The Optionee will be treated as having received compensation income (taxable at ordinary income tax rates) equal to the excess, if any, of the Fair Market Value of the Exercised Shares on the date of exercise over their aggregate Exercise Price. If the Optionee is an Employee or a former Employee, the Company will be required to withhold from his or her compensation or collect from Optionee and pay to the applicable taxing authorities an amount in cash equal to a percentage of this compensation income at the time of exercise, and may refuse to honor the exercise and refuse to deliver Shares if such withholding amounts are not delivered at tile time of exercise. This Option does not qualify as an incentive stock option under Section 422 of the Internal Revenue Code.
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