Common use of Annual Limitation on Exercise of ISO Options Clause in Contracts

Annual Limitation on Exercise of ISO Options. Except as provided in Sections 7 and 11, in no event during any calendar year will the aggregate Fair Market Value, determined as of the time the ISO Option is granted, of the Stock for which the Participant may first have the right to exercise under the ISO Option and any other “incentive stock options” granted under all plans qualified under Section 422 of the Code which are sponsored by the Company, its parent or a Subsidiary of the Company, exceed $100,000.

Annual Limitation on Exercise of ISO Options. Except as provided in Sections 7 and 11Section 8 herein, in no event during any calendar year will the aggregate “Fair Market Value” (as defined in Section 2.9 of the Plan), determined as of the time the ISO Option is granted, of the Stock for which the Participant may first have the right to exercise under the ISO Option and any other “incentive stock options” granted under all plans qualified under Section 422 of the Code which are sponsored by the Company, Company and its parent or a Subsidiary of the Company, corporations exceed $100,000.

Annual Limitation on Exercise of ISO Options. Except as provided in Sections 7 and 11Section 8 herein, in no event during any calendar year will the aggregate Fair Market Value, determined as of the time the ISO Option is granted, of the Stock for which the Participant may first have the right to exercise under the ISO Option and any other “"incentive stock options” " granted under all plans qualified under Section 422 of the Code which are sponsored by the Company, its parent or a Subsidiary of the Company, Company exceed $100,000.

Annual Limitation on Exercise of ISO Options. Except as provided in Sections 7 and 11Section 8 herein, in no event during any calendar year will the aggregate Fair Market Value, determined as of the time the ISO Option is granted, of the Stock for which the Participant may first have the right to exercise under the ISO Option and any other “incentive stock options” granted under all plans qualified under Section 422 of the Code which are sponsored by the Company, its parent Company or a Subsidiary of the Company, Company exceed $100,000.

Annual Limitation on Exercise of ISO Options. Except as provided in Sections 7 and 11Section 8 herein, in no event during any calendar year will the aggregate Fair Market Value, determined as of the time the ISO Option is granted, of the Stock for which the Participant may first have the right to exercise under the ISO Option and any other “incentive stock options” granted under all plans qualified under Section 422 of the Code which are sponsored by the Company, its parent or a Subsidiary of the Company, Company exceed $100,000.