Annual Limit for Incentive Stock Options. To the extent that the aggregate fair market value (determined at the time of grant) of the shares of Stock subject to this Stock Option and all other incentive stock options the Optionee holds that are exercisable for the first time during any calendar year (under all plans of the Company and its related corporations) exceeds $100,000, the options held by the Optionee or portions thereof that exceed such limit (according to the order in which they were granted in accordance with the regulations under Section 422 of the Code) shall be treated as NSOs.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (Civitas Therapeutics, Inc.), Incentive Stock Option Agreement (Civitas Therapeutics, Inc.), Incentive Stock Option Agreement (Civitas Therapeutics, Inc.)
Annual Limit for Incentive Stock Options. To the extent that the aggregate fair market value (determined at the time of grant) of the shares of Stock subject to this Stock the Option and all other incentive stock options the Optionee holds that are exercisable for the first time during any calendar year (under all plans of the Company and its related corporations) exceeds $100,000, the options held by the Optionee or portions thereof that exceed such limit (according to the order in which they were granted in accordance with the regulations under Section 422 of the Code) shall be treated as NSOsNon-Statutory Options.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Novavax Inc), Incentive Stock Option Agreement (Novavax Inc), Incentive Stock Option Agreement (Novavax Inc)
Annual Limit for Incentive Stock Options. To the extent that the aggregate fair market value (determined at the time of grant) of the shares of Stock subject to this Stock Option and all other incentive stock options the Optionee holds that are exercisable for the first time during any calendar year (under all plans of the Company and its related corporations) exceeds $100,000, the options held by the Optionee or portions thereof that exceed such limit (according to the order in which they were granted in accordance with the regulations under Section 422 of the Code) shall be treated as NSOsan NSO.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Acceleron Pharma Inc), Incentive Stock Option Agreement (Acceleron Pharma Inc)
Annual Limit for Incentive Stock Options. To the extent that the aggregate fair market value (determined at the time of grant) of the shares of Common Stock subject to this Stock Option option and all other incentive stock options the Optionee Participant holds that are exercisable for the first time during any calendar year (under all plans of the Company and its related corporations) exceeds $100,000, the options held by the Optionee Participant or portions thereof that exceed such limit (according to the order in which they were granted in accordance with the regulations under Section 422 of the Code) shall be treated as NSOsnon-qualified stock options.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Verastem, Inc.), Incentive Stock Option Agreement (Verastem, Inc.)
Annual Limit for Incentive Stock Options. To the extent that the aggregate fair market value (determined at the time of grant) of the shares of Stock subject with respect to which this Stock Option and all other incentive stock options the Optionee holds that are exercisable for the first time during any calendar year (under all plans of the Company and its related corporations) exceeds $100,000, the options held by the such Optionee or portions thereof that exceed such limit (according to the order in which they were granted in accordance with the regulations under Section 422 of the Code) shall be treated as NSOsa non-qualified stock option.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Ultragenyx Pharmaceutical Inc.), Incentive Stock Option Agreement (Ultragenyx Pharmaceutical Inc.)
Annual Limit for Incentive Stock Options. To the extent that the aggregate fair market value (determined at the time of grant) of the shares of Stock Shares subject to this Stock Option option and all other incentive stock options the Optionee holds that are exercisable for the first time during any calendar year (under all plans of the Company and its related corporations) exceeds $100,000, the options held by the Optionee or portions thereof that exceed such limit (according to the order in which they were granted in accordance with the regulations under Section 422 of the Code) shall be treated as NSOsnonqualified stock options.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Cyteir Therapeutics, Inc.)
Annual Limit for Incentive Stock Options. To the extent that the aggregate fair market value (determined at the time of grant) of the shares of Stock subject with respect to which this Stock Option and all other incentive stock options the Optionee holds that are exercisable for the first time during any calendar year (under all plans of the Company and its related corporations) exceeds $100,000, the options held by the such Optionee or portions thereof that exceed such limit (according to the order in which they were granted in accordance with the regulations under Section 422 of the Code) shall be treated as NSOsan NSO.]
Appears in 1 contract
Samples: Stock Option Agreement (Oxford Immunotec Global PLC)
Annual Limit for Incentive Stock Options. To the extent that the aggregate fair market value (determined at the time of grant) of the shares of Stock Shares subject to this the Stock Option and all other incentive stock options ISOs the Optionee holds that are exercisable for the first time during any calendar year (under all plans of the Company and its related corporations) exceeds $100,000, the stock options held by the Optionee or portions thereof that exceed such limit (according to the order in which they were granted in accordance with the regulations under Section 422 of the Code) shall be treated as NSOs.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Mersana Therapeutics, Inc.)