Tax Status of Option. The Option is designated as constituting a "nonqualified stock option" that is not qualified under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").
Appears in 3 contracts
Sources: Nonqualified Stock Option Award Agreement (Simon Property Group Inc /De/), Nonqualified Stock Option Agreement (Corporate Realty Consultants Inc), Nonqualified Stock Option Agreement (Corporate Realty Consultants Inc)