Common use of Character of Option Clause in Contracts

Character of Option. This Option [is/is not](2) intended to be treated as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Sources: Stock Option Agreement (ArTara Therapeutics, Inc.), Stock Option Agreement (ArTara Therapeutics, Inc.)

Character of Option. This Option [is/is not](2) not]2 intended to be treated as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Stock Option Agreement (Proteon Therapeutics Inc)