Common use of Option Exercise Clause in Contracts

Option Exercise. Amounts realized from the exercise of a non-qualified stock option (an option other than a statutory option under Treas. Reg. §1.421-1(b)), or when restricted stock or other property held by an Employee either becomes freely transferable or is no longer subject to a substantial risk of forfeiture under Code §83.

Appears in 6 contracts

Sources: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp), Adoption Agreement for Eligible Governmental 457 Plan, 403(b) Volume Submitter Plan Adoption Agreement

Option Exercise. Amounts realized from the exercise of a non-qualified stock option (an option other than a statutory option under Treas. Reg. §1.421-1(b1.421 -1(b)), or when restricted stock or other property held by an Employee either becomes freely transferable or is no longer subject to a substantial risk of forfeiture under Code §83.

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Knowles Corp)

Option Exercise. Amounts realized from the exercise of a non-qualified non‑qualified stock option (an option other than a statutory option under Treas. Reg. §1.421-1(b1.421‑1(b)), or when restricted stock or other property held by an Employee either becomes freely transferable or is no longer subject to a substantial risk of forfeiture under Code §83.

Appears in 1 contract

Sources: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)