Common use of Grant as Non-Qualified Option; Other Options Clause in Contracts

Grant as Non-Qualified Option; Other Options. This option shall be treated for federal income tax purposes as a Non-Qualified Option (rather than an incentive stock option). This option is in addition to any other options heretofore or hereafter granted to the Optionee by the Company or any Related Corporation (as defined in the Plan), but a duplicate original of this instrument shall not effect the grant of another option.

Appears in 24 contracts

Samples: Severance Agreement (Meta Group Inc), Non Qualified Stock Option Agreement (Equallogic Inc), Director Non Qualified Stock Option Agreement (Transwitch Corp /De)

AutoNDA by SimpleDocs

Grant as Non-Qualified Option; Other Options. This option shall be treated for federal income tax purposes as a Non-Qualified Option (rather than and is not intended to qualify as an incentive stock optionoption under Section 422 of the Internal Revenue Code of 1986, as amended, and the regulations thereunder (the "Code"). This option is in addition to any other options heretofore or hereafter granted to the Optionee by the Company or any Related Corporation (as defined in the Plan), but a duplicate original of this instrument shall not effect the grant of another option.

Appears in 2 contracts

Samples: Non Qualified Stock Option and Stock Repurchase Agreement (Eroom Technology Inc), Non Qualified Stock Option and Stock Repurchase Agreement (Eroom Technology Inc)

Grant as Non-Qualified Option; Other Options. This option shall be treated for federal income tax purposes as a Non-Qualified Option (rather than an incentive stock optionoption as defined in Section 422 of the Code). This option is in addition to any other options heretofore or hereafter granted to the Optionee by the Company or any Related Corporation (as defined in the Plan), but a duplicate original of this instrument shall not effect the grant of another option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Cisco Systems Inc)

Grant as Non-Qualified Option; Other Options. This option shall be treated for federal income tax purposes as a Non-Qualified Option (rather than an incentive stock option). This option is in addition to any other options heretofore or hereafter granted to the Optionee Employee by the Company or any Related Corporation (as defined in the Plan), but a duplicate original of this instrument shall not effect the grant of another option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Breakaway Solutions Inc)

Grant as Non-Qualified Option; Other Options. This option shall be -------------------------------------------- treated for federal income tax purposes as a Non-Qualified Option (rather than an incentive stock option), and the Board of Directors will take appropriate action, if necessary, to achieve this result. This option is in addition to any other options heretofore or hereafter granted to the Optionee by the Company or any Related Corporation (as defined in the Plan)Company, but a duplicate original of this instrument shall not effect the grant of another option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Matritech Inc/De/)

AutoNDA by SimpleDocs

Grant as Non-Qualified Option; Other Options. This option shall be -------------------------------------------- treated for federal income tax purposes as a Non-Qualified Option (rather than an incentive stock option). This Except as may be otherwise provided above, this option is in addition to any other options heretofore or hereafter granted to the Optionee by the Company or any Related Corporation (as defined in the Plan), but a duplicate original of this instrument shall not effect affect the grant of another option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Cabletron Systems Inc)

Grant as Non-Qualified Option; Other Options. This option -------------------------------------------- shall be treated for federal income tax purposes as a Non-Qualified Option (rather than an incentive stock option). This option is in addition to any other options heretofore or hereafter granted to the Optionee by the Company or any Related Corporation (as defined in the Plan), but a duplicate original of this instrument shall not effect the grant of another option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Excel Switching Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!