Character of Option Sample Clauses

Character of Option. This Option is not to be treated as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.
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Character of Option. The Option is intended to be an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).
Character of Option. The Option is not intended to qualify as an "incentive stock option" as that term is defined in Section 422 of the Code.
Character of Option. This Option is to be treated as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended, to the extent of the “current limit” (as defined in the Plan); any Optioned Shares that would cause the foregoing limit to be violated shall be deemed to have been granted under a separate Nonstatutory Option, otherwise identical in its terms to those of this Incentive Option.
Character of Option. [The Option is an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").] [Delete Prior and Insert Language for Non-Qualified Option: This Option is a non-qualified stock option and is therefore not an "incentive stock option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").]
Character of Option. This Option is not intended to qualify as an incentive option under Section 422 of the Code.
Character of Option. The Option is intended to be treated as an “ incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). However, incentive stock option treatment requires compliance with a variety of factors, and the Company can give no assurance that the Option will, in fact, be treated as an incentive stock option.
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Character of Option. This Option [is/is not](2) intended to be treated as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.
Character of Option. Nonstatutory Stock Option
Character of Option. This Option is [_] a Non-Qualified Option or [X] ------------------- - an Incentive Option.
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