Common use of Status of the Stock Option Clause in Contracts

Status of the Stock Option. This Option is not intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 3 contracts

Sources: Non Qualified Stock Option Agreement (Cisco Systems Inc), Non Qualified Stock Option Agreement (Stride & Associates Inc), Non Qualified Stock Option Agreement (Stride & Associates Inc)

Status of the Stock Option. This Stock Option is not intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”). The Optionee should consult with his or her own tax advisors regarding the tax effects of this Stock Option.

Appears in 3 contracts

Sources: Stock Option Agreement (Atossa Therapeutics, Inc.), Stock Option Agreement (Atossa Genetics Inc), Stock Option Agreement (Atossa Genetics Inc)

Status of the Stock Option. This Stock Option is not intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Sources: Director Non Qualified Stock Option Award Agreement (Affiliated Managers Group, Inc.)