Common use of Nature of the Option Clause in Contracts

Nature of the Option. The Option has been granted as an incentive to Optionee’s Continuous Service, and is in all respects subject to such Continuous Service and all other terms and conditions of this Award Agreement and the Plan. The Option is intended to be an Incentive Option.

Appears in 4 contracts

Sources: Stock Option Award Agreement (Giga Tronics Inc), Stock Option Award Agreement (Giga Tronics Inc), Stock Option Award Agreement (Giga Tronics Inc)

Nature of the Option. The Option has been granted as an incentive to Optionee’s Continuous Service, and is in all respects subject to such Continuous Service and all other terms and conditions of this Award Agreement and the PlanAgreement. The Option is intended to be an Incentive OptionOption within the meaning of the Plan.

Appears in 3 contracts

Sources: Employment Agreement (Adventrx Pharmaceuticals Inc), Employment Agreement (Adventrx Pharmaceuticals Inc), Stock Option Agreement (Adventrx Pharmaceuticals Inc)

Nature of the Option. The Option has been granted as an incentive to Optionee’s Continuous Service, and is in all respects subject to such Continuous Service and all other terms and conditions of this Award Agreement and the PlanAgreement. The Option is intended to be an Incentive [Incentive/Nonstatutory] Option.

Appears in 3 contracts

Sources: Stock Option Award Agreement (Valley Commerce Bancorp), Stock Option Award Agreement (Giga Tronics Inc), Stock Option Award Agreement (Valley Commerce Bancorp)

Nature of the Option. The Option has been granted as an incentive to Optionee’s Continuous Service, and is in all respects subject to such Continuous Service and all other terms and conditions of this Award Agreement and the PlanAgreement. The Option is intended to be an Incentive Option[Incentive/Nonstatutory] Option within the meaning of the Plan.

Appears in 2 contracts

Sources: Stock Option Agreement (Adventrx Pharmaceuticals Inc), Stock Option Agreement (Adventrx Pharmaceuticals Inc)

Nature of the Option. The Option has been granted as an incentive to Optionee’s Continuous Service, and is in all respects subject to such Continuous Service and all other terms and conditions of this Award Agreement and the PlanAgreement. The Option is intended to be an Incentive Option.

Appears in 2 contracts

Sources: Incentive Stock Option Award Agreement (California BanCorp), Stock Option Award Agreement (California BanCorp)

Nature of the Option. The Option has been granted as an incentive to Optionee’s Continuous Service, and is in all respects subject to such Continuous Service and all other terms and conditions of this Award Agreement and the Plan. The Option is intended to be an Incentive a Nonstatutory Option.

Appears in 1 contract

Sources: Stock Option Award Agreement (Giga Tronics Inc)

Nature of the Option. The Option has been granted as an incentive to Optionee’s 's Continuous Service, and is in all respects subject to such Continuous Service and all other terms and conditions of this Award Agreement and the PlanAgreement. The Option is intended to be an Incentive [INCENTIVE/NONSTATUTORY] Option.

Appears in 1 contract

Sources: Stock Option Award Agreement (Bridge Capital Holdings)

Nature of the Option. The Option has been granted as an incentive to Optionee’s Continuous Service, and is in all respects subject to such Continuous Service and all other terms and conditions of this Award Agreement and the PlanAgreement. The Option is intended to be an Incentive Optiona Nonstatutory Option within the meaning of the Plan.

Appears in 1 contract

Sources: Stock Option Agreement (Adventrx Pharmaceuticals Inc)