Common use of Nonstatutory Option Clause in Contracts

Nonstatutory Option. This Option has been designated by the Committee as a Nonstatutory Option; it does not qualify as an Incentive Stock Optionincentive stock option.

Appears in 10 contracts

Sources: Stock Option Agreement (Garmin LTD), Non Qualified Stock Option Award Agreement (Kansas City Southern), Stock Option Agreement (Garmin LTD)

Nonstatutory Option. This Option has been designated by the Committee as a Nonstatutory Optionnonstatutory option; it does not qualify as an Incentive Stock Optionincentive stock option.

Appears in 1 contract

Sources: Stock Option Agreement (Pharmchem Laboratories Inc)