Incentive Stock means shares of Common Stock granted to a Participant pursuant to Section 10 hereof.
Incentive Stock means an Award of Common Stock granted under Section 7 which may become vested and nonforfeitable upon the passage of time and/or the attainment, in whole or in part, of performance objectives determined by the Committee.
Examples of Incentive Stock in a sentence
Each Option will be designated in the Award Agreement as either an Incentive Stock Option or a Nonstatutory Stock Option.
In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant.
Incentive Stock Options may be granted only to employees of the Company or any Subsidiary that is a “subsidiary corporation” within the meaning of Section 424(f) of the Code.
Stock Options granted under the Plan may be either Incentive Stock Options or Non-Qualified Stock Options.
To the extent that any Option does not qualify as an Incentive Stock Option, it shall be deemed a Non-Qualified Stock Option.
More Definitions of Incentive Stock
Incentive Stock means Company Stock awarded when performance goals are achieved pursuant to an incentive plan as provided in Section 9.
Incentive Stock means an award of Common Stock that is forfeitable until the achievement of specified Performance Criteria as provided for in Section 6.1.
Incentive Stock means Company Stock awarded when performance goals are achieved pursuant to an incentive program as provided in Section 7.
Incentive Stock means an amount of the New Common Stock, on a fully-diluted basis, reserved for (a) compensation under and as set forth in the Services Agreement (if any) or (b) otherwise for an employee incentive program determined by the New Board.
Incentive Stock means any Award of Common Stock granted under Section 8 which becomes vested and nonforfeitable upon the attainment, in whole or in part, of performance objectives determined by the Committee.