NONSTATUTORY STOCK OPTION AGREEMENT Clause Samples

A Nonstatutory Stock Option Agreement is a contract that grants an individual the right to purchase company stock at a predetermined price, but does not qualify for special tax treatment under IRS rules. Typically, this agreement outlines the terms under which the options can be exercised, such as vesting schedules, expiration dates, and any conditions for forfeiture. Its core practical function is to provide a mechanism for companies to incentivize employees or service providers with equity compensation, while clearly defining the rights and obligations associated with the stock options.
NONSTATUTORY STOCK OPTION AGREEMENT. The Company has granted to the Optionee an option to purchase certain shares of Stock upon the terms and conditions set forth in this Option Agreement (the "OPTION").
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NONSTATUTORY STOCK OPTION AGREEMENT. On the date hereof, the Company and the Executive shall enter into a Nonstatutory Stock Option Agreement substantially in the form attached hereto as EXHIBIT D.
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Related to NONSTATUTORY STOCK OPTION AGREEMENT

  • Nonstatutory Stock Option If the Grant Notice so designates, this Option is intended to be a Nonstatutory Stock Option and shall not be treated as an Incentive Stock Option within the meaning of Section 422(b) of the Code.

  • Stock Option Agreement Each grant of an Option under the Plan shall be evidenced by a Stock Option Agreement between the Optionee and the Company. Such Option shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The Stock Option Agreement shall specify whether the Option is an ISO or an NSO. The provisions of the various Stock Option Agreements entered into under the Plan need not be identical. Options may be granted in consideration of a reduction in the Optionee’s other compensation.

  • Stock Option Plan The Executive shall be eligible to participate in the Company's Stock Option Plan in accordance with the terms and conditions thereof.

  • Stock Option Plans Each stock option granted by the Company under the Company’s stock option plan was granted (i) in accordance with the terms of the Company’s stock option plan and (ii) with an exercise price at least equal to the fair market value of the Common Stock on the date such stock option would be considered granted under GAAP and applicable law. No stock option granted under the Company’s stock option plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, stock options prior to, or otherwise knowingly coordinate the grant of stock options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

  • Stock Option Grant Subject to the provisions set forth herein and the terms and conditions of the Plan, and in consideration of the agreements of the Participant herein provided, the Company hereby grants to the Participant an Option to purchase from the Company the number of shares of Common Stock, at the exercise price per share, and on the schedule, set forth above.