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: Key Officer Non Qualified Stock Option Agreement (Focus Enhancements Inc), Key Officer Non Qualified Stock Option Agreement (Focus Enhancements Inc), Key Officer Non Qualified Stock Option Agreement (Focus Enhancements 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)) 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
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: Employee Non Qualified Stock Option Agreement (Legato Systems Inc)
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: Director Stock Option Agreement (National Transaction Network Inc)
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: Executive Non Qualified Stock Option Agreement (Focus Enhancements Inc)
