Common use of Character of Options Clause in Contracts

Character of Options. The Options granted hereunder are not intended to be “incentive stock options” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 11 contracts

Samples: Nonqualified Stock Option Agreement (IAA Acquisition Corp.), Non Qualified Stock Option Agreement (Adesa California, LLC), Employment Agreement (Ws Financing Corp)

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Character of Options. The Options granted hereunder are non-qualified options and not intended to be “incentive stock options” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 10 contracts

Samples: Option Agreement (Magnachip Semiconductor LLC), Option Agreement (MagnaChip Semiconductor CORP), Option Agreement (Magnachip Semiconductor LLC)

Character of Options. The Options granted hereunder are not intended to be “incentive stock options” within the meaning of Section section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Lri Holdings, Inc.), Nonqualified Stock Option Agreement (Lri Holdings, Inc.), Employment Agreement (Lri Holdings, Inc.)

Character of Options. The Options granted hereunder are not intended to be “incentive stock options” within the meaning of Section section 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”).

Appears in 7 contracts

Samples: Rollover Stock Option Agreement (Del Pharmaceuticals, Inc.), Rollover Stock Option Agreement (Del Pharmaceuticals, Inc.), Rollover Stock Option Agreement (Del Pharmaceuticals, Inc.)

Character of Options. The Options granted hereunder are not intended to be "incentive stock options" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 3 contracts

Samples: Employment Agreement (Worldspan BBN Holdings LLC), Employment Agreement (Worldspan BBN Holdings LLC), Stock Option Agreement (Worldspan BBN Holdings LLC)

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Character of Options. The Options granted hereunder are not intended to be “incentive stock options” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amendedamended (the “Code”).

Appears in 2 contracts

Samples: Nonqualified Share Option Agreement (Third Point Reinsurance Ltd.), Nonqualified Stock Option Agreement (Sra International, Inc.)

Character of Options. The Options granted hereunder are not intended to be “incentive stock options” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amendedCode.

Appears in 2 contracts

Samples: Director Service Agreement (Third Point Reinsurance Ltd.), Non Qualified Stock Option Award Agreement (Fairpoint Communications Inc)

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