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

Grant as Non-Qualified Option; Other Options. This Option is intended to be a Non- Qualified Option (rather than an incentive stock option), and the Board of Directors intends to 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, but a duplicate original of this instrument shall not affect the grant on another option.

Appears in 3 contracts

Samples: Qualified Stock Option Agreement (Focus Enhancements Inc), Focus Enhancements Inc, Focus Enhancements Inc

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Grant as Non-Qualified Option; Other Options. This Option option is intended to be a Non- Qualified Option non-qualified option (rather than an incentive stock option)) granted pursuant to Section 4(b) of the Plan, and the Board of Directors of the Company (the "Board") intends to take appropriate action, if necessary, to achieve this result. This Option option is in addition to any other options heretofore or hereafter granted to the Optionee by the Company, but a duplicate original of this instrument shall not affect the grant on of another option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Concord Communications Inc)

Grant as Non-Qualified Option; Other Options. This Option option is intended -------------------------------------------- to be a Non- Qualified Option non-qualified option (rather than an incentive stock option), and the Board of Directors intends to take appropriate action, if necessary, to achieve this result. This Option option is in addition to any other options heretofore or hereafter granted to the Optionee by the Company, but a duplicate original of this instrument shall not affect effect the grant on of another option.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Davox Corp)

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

Appears in 1 contract

Samples: Candela Corp /De/

Grant as Non-Qualified Option; Other Options. This Option is intended to be a Non- Qualified Option non-qualified option (rather than an incentive stock option), and the Board of Directors intends to 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 Director by the Company, but a duplicate original of this instrument shall not affect effect the grant on of another option.

Appears in 1 contract

Samples: Stock Option Agreement (National Transaction Network Inc)

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Grant as Non-Qualified Option; Other Options. This Option is intended to be a Non- Non-Qualified Option (rather than an incentive stock option), and the Board of Directors intends to 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, but a duplicate original of this instrument shall not affect the grant on another option. This Agreement shall be subject in all respects to shareholder approval of the underlying option plan (“Plan”). If, for any reason, the Plan is not approved by the shareholders, this grant shall be voidable at the sole option of the Company.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Focus Enhancements Inc)

Grant as Non-Qualified Option; Other Options. This Option option is -------------------------------------------- intended to be a Non- Non-Qualified Option (rather than an incentive stock option), and the Board of Directors intends to take appropriate action, if necessary, to achieve this result. This Option option is in addition to any other options heretofore or hereafter granted to the Optionee by the Company, but a duplicate original of this instrument shall not affect effect the grant on of another option.

Appears in 1 contract

Samples: Legato Systems Inc

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