Common use of Option Agreements Clause in Contracts

Option Agreements. To the extent not expressly amended hereby, the Agreements remain in full force and effect. Notwithstanding the foregoing, to the extent the Agreements made reference to the Options’ qualification as Incentive Stock Options, the Optionee acknowledges that the Options, irrespective of this Amendment, will be reported as Non-Qualified Stock Options for United States tax law purposes.

Option Agreements. To the extent not expressly amended hereby, the Agreements remain in full force and effect. Notwithstanding the foregoing, to the extent the Agreements made reference to the Options’ ' qualification as Incentive Stock Options, the Optionee acknowledges that the Options, irrespective of this Amendment, will be reported as Non-Qualified Stock Options for United States tax law purposes.