Application of Section 409A of the Internal Revenue Code. Options granted pursuant to this Agreement are intended to be exempt from the requirements of Section 409A of the Internal Revenue Code of 1986, as amended, and this Agreement shall be interpreted in a manner consistent with that intent; however, the Company makes no representation or guarantee as to the tax consequences of this Agreement.
Appears in 3 contracts
Sources: Incentive Stock Option Agreement (Encore Wire Corp), Non Qualified Stock Option Agreement (Encore Wire Corp), Stock Option Agreement (Encore Wire Corp)