Designation of Option. The option granted hereby is a Nonqualified Option which is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (Telecom Wireless Corp/Co), Nonqualified Stock Option Agreement (Telecom Wireless Corp/Co), Nonqualified Stock Option Agreement (Telecom Wireless Corp/Co)
Designation of Option. The option Option granted hereby is a Nonqualified Option non-qualified option. A "non-qualified option" means a stock option which is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Telecom Wireless Corp/Co), Nonqualified Stock Option Agreement (Telecom Wireless Corp/Co)