Common use of Character of Option Clause in Contracts

Character of Option. The Option is not intended to qualify as an "incentive stock option" as that term is defined in Section 422 of the Code.

Appears in 16 contracts

Sources: Employment Agreement (Cumetrix Data Systems Corp), Employment Agreement (Accelerated Networks Inc), Employment Agreement (Cumetrix Data Systems Corp)

Character of Option. The Option granted hereunder is not intended to qualify as be an "incentive stock option" as that term is defined in ” within the meaning of Code Section 422 of the Code422.

Appears in 9 contracts

Sources: Nonqualified Stock Option Agreement (CPI Card Group Inc.), Nonqualified Stock Option Agreement (CPI Card Group Inc.), Stock Option Award Agreement (Skillz Inc.)

Character of Option. The Option is not intended to qualify as constitute a non-statutory stock option and does not constitute an "incentive stock option" as that term is defined in Section 422 of the Code.

Appears in 5 contracts

Sources: Stock Option Agreement (Biosource International Inc), Stock Option Agreement (Biosource International Inc), Stock Option Agreement (Biosource International Inc)

Character of Option. The Option is not intended to qualify as an "incentive stock option" as that term is defined in Section 422 of the Code.

Appears in 3 contracts

Sources: Employment Agreement (3 D Systems Corp), Stock Option Agreement (DVD Express Inc), Stock Option Agreement (Americasdoctor Com Inc)

Character of Option. The Option is not intended to qualify as constitute a non-statutory stock option and DOES NOT constitute an "incentive stock option" as that term is defined in Section 422 of the Code.

Appears in 2 contracts

Sources: Stock Option Agreement (Biosource International Inc), Stock Option Agreement (Biosource International Inc)

Character of Option. The This Option is not intended to qualify be treated as an "incentive stock option" as that term is defined in ” within the meaning of Section 422 of the Code.

Appears in 1 contract

Sources: Unit Option Agreement (Pzena Investment Management, Inc.)

Character of Option. The Option is not intended to qualify as constitute a non-statutory stock option under the Plan and does not constitute an "incentive stock option" as that term is defined in Section 422 of the Code.

Appears in 1 contract

Sources: Stock Option Agreement (Aames Financial Corp/De)