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Common use of Incentive Option Clause in Contracts

Incentive Option. An Award in the form of an Option that shall comply with the requirements of Section 422 of the Code.

Appears in 2 contracts

Sources: Long Term Incentive Plan (TMS International Corp.), Long Term Incentive Plan (TMS International Corp.)

Related Clauses

  • Stock Option
  • Stock Option Grant
  • Stock Option Grants
  • Stock Option Award
  • Nonstatutory Stock Option

Parent Clauses

  • DEFINITIONS
  • AWARDS UNDER THIS PLAN
  • Administration of Plan
  • Duration of Option
  • Compensation and Other Benefits

Sub-Clauses

  • Effect of Termination
  • Amendment
  • Definitions
  • Application Process/Eligibility Review
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