Incentive Option. An Option that is intended to qualify as an “incentive stock option” within the meaning of Section 422 of the Code. An Incentive Option, or a portion thereof, shall not be invalid for failure to qualify under Section 422 of the Code, but shall be treated as a Nonqualified Option.
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Sources: 2005 Stock Incentive Plan (Pipeline Data Inc), 2005 Stock Incentive Plan (Pipeline Data Inc)
Incentive Option. An Option that is intended to qualify as an “"incentive stock option” " within the meaning of Section section 422 of the Code. An Incentive Option, or a portion thereof, Option shall not be invalid for failure to qualify under Section section 422 of the Code, but shall be treated as a Nonqualified Option.
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