Common use of Type of Option Clause in Contracts

Type of Option. The option granted in this Agreement: ---------------- [ ] Is intended to be an Incentive Stock Option ("ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. [ ] Is a non-qualified Option and is not intended to be an ISO.

Appears in 3 contracts

Samples: Stock Option Agreement (DCH Technology Inc), Stock Option Agreement (Nettaxi Inc), Stock Option Agreement (Photoloft Com)

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Type of Option. The option granted in this Agreement: ---------------- -------------- [ ] Is intended to be an Incentive Stock Option ("ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. [ ] Is a non-qualified Option and is not intended to be an ISO.

Appears in 2 contracts

Samples: Stock Option Agreement (Softlink Inc), Stock Option Agreement (DCH Technology Inc)

Type of Option. The option granted in this Agreement: ---------------- [ [X] Is intended to be an Incentive Stock Option ("ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. [ ] Is a non-qualified Option and is not intended to be an ISO.

Appears in 2 contracts

Samples: Stock Option Agreement (Photoloft Com), Stock Option Agreement (Photoloft Com)

Type of Option. The option Option granted in under this Agreement: ---------------- [ ] Is Agreement is intended to be constitute an Incentive Stock Option incentive stock option ("ISO") within the meaning of ”), as defined in Section 422 of the Internal Revenue Code of 1986, as amended, (“Code”). [ ] Is a non-qualified To the extent the Option and is does not intended comply with the applicable ISO exercise limitations or other ISO qualification requirements, the Option shall be deemed to be a nonqualified stock option (“NQSO”) instead of an ISO.

Appears in 2 contracts

Samples: Stock Option Grant Agreement (Central Pacific Financial Corp), Stock Option Grant Agreement (Central Pacific Financial Corp)

Type of Option. The option granted in this Agreement: ---------------- [ ] Is intended to be an Incentive Stock Option ("ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. [ [X] Is a non-qualified Option and is not intended to be an ISO.

Appears in 1 contract

Samples: Stock Option Agreement (Human Biosystems Inc)

Type of Option. The option Option granted in under this Agreement: ---------------- [ ] Is Agreement is intended to be constitute either an Incentive Stock Option incentive stock option ("ISO") within the meaning of ), as defined in Section 422 of the Internal Revenue Code of 1986, as amended, (“Code”) or a nonqualified stock option (“NQSO”), whichever is stated in the Notice. [ ] Is a non-qualified To the extent the Option and is not intended designated to be an ISOISO but does not comply with the applicable ISO exercise limitations or other ISO qualification requirements, the Option shall be deemed to be a NQSO.

Appears in 1 contract

Samples: Stock Option Grant Agreement (Central Pacific Financial Corp)

Type of Option. The option granted in this Agreement: ---------------- [ -------------- [_] Is intended to be an Incentive Stock Option ("ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. [ [X] Is a non-qualified Option and is not intended to be an ISO.

Appears in 1 contract

Samples: Stock Option Agreement (Inchorus Com)

Type of Option. The option granted in this Agreement: ---------------- [ ] Agreement- ----------------- Is intended to be an Incentive Stock Option ("ISO") within the meaning of Section 422 of the The Internal Revenue Code of 1986, as amended. [ ] Is a non-qualified Option and is not intended to be an ISO.

Appears in 1 contract

Samples: Stock Option Agreemnt (Nettaxi Inc)

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Type of Option. The option granted in this Agreement: ---------------- [ ] ----------------- Is intended to be an Incentive Stock Option ("ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. [ ] Is a non-qualified Option and is not intended to be an ISO.

Appears in 1 contract

Samples: Stock Option Agreement (Nettaxi Inc)

Type of Option. The option granted in this Agreement: ---------------- [ -------------- [_] Is intended to be an Incentive Stock Option ("ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. [ [_] Is a non-qualified Option and is not intended to be an ISO.

Appears in 1 contract

Samples: Stock Option Agreement (Inchorus Com)

Type of Option. The option granted in this Agreement: ---------------- ----------------- [ ] Is intended to be an Incentive Stock Option ("ISO") within the meaning of Section 422 of the Internal internal Revenue Code Coda of 1986, as amended. [ ] Is a non-qualified Option and is not intended to be an ISO.

Appears in 1 contract

Samples: Nettaxi (Nettaxi Inc)

Type of Option. The option granted in this Agreement: ---------------- [ ] x Is intended to be an Incentive Stock Option ("ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. [ ] ¨ Is a non-qualified Option and is not intended to be an ISO.

Appears in 1 contract

Samples: Stock Option Agreement (Procera Networks, Inc.)

Type of Option. The option granted in this Agreement: ---------------- [ ] Is intended to be an Incentive Stock Option ("ISO") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. [ ] Is a non-qualified Option and is not intended to be an ISO.

Appears in 1 contract

Samples: Human Biosystems Stock Option Agreement (Human Biosystems Inc)

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