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Common use of Grant of the Option Clause in Contracts

Grant of the Option. The grant of an Option generally will not result in the imposition of a tax under the federal income tax laws.

Appears in 15 contracts

Sources: Stock Option Inducement Award Agreement (PowerFleet, Inc.), Stock Option Inducement Award Agreement (PowerFleet, Inc.), Stock Option Grant Agreement (InterPrivate III Financial Partners Inc.)

Related Clauses

  • Vesting of the Option
  • Grant of Option
  • Term of the Option
  • Grant of the Award
  • Exercise of the Option

Parent Clauses

  • Miscellaneous
  • General
  • Option
  • TAX CONSEQUENCES OF OPTION
  • Signature in Counterparts

Sub-Clauses

  • Term
  • EFFECTIVE DATE
  • Grant of Option
  • Consideration of Option
  • Terms of Option
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