Incentive Option Sample Clauses

Incentive Option. Incentive Option" means any Option designated and qualified as an "incentive stock option" as defined in Section 422 of the Code.
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Incentive Option. An Option that is intended to qualify as an “incentive stock option” within the meaning of Section 422 of the Code. An Incentive Option, or a portion thereof, shall not be invalid for failure to qualify under Section 422 of the Code, but shall be treated as a Nonqualified Option.
Incentive Option. If this Option is an Incentive Option, as designated in Section 3(b), it shall expire one day short of ten (10) years from the Grant Date, provided, however, for any Optionee who owns more than ten percent (10%) of the total combined voting power or value of all classes of stock of the Company, this Option shall expire one day short of five (5) years from the Grant Date.
Incentive Option. An Option that is intended to qualify as an "incentive stock option" within the meaning of section 422 of the Code. An Incentive Option, or a portion thereof, shall not be invalid for failure to qualify under section 422 of the Code, but shall be treated as a Nonqualified Option. PMT SERVICES, INC. 1994 INCENTIVE STOCK PLAN
Incentive Option. The Option is intended to be Incentive Option.
Incentive Option. An Award in the form of an Option that shall comply with the requirements of Section 422 of the Code.
Incentive Option. PHA may make PHA owned and/or operated units with gross rent(s) at or below 50% AMI available to SRAP TBRA participants. At the end of each fiscal year, DBHDS and PHA will verify the total number of PHA owned and/or operated units leased to new SRAP participants that have rents targeted to households with incomes at or below 50% of the area median income for the Fair Market Rent area in which PHA is located. PHA will receive a bonus payment in accordance with the schedule below: 1-5 $ 10,000 6-10 $ 22,000 11-15 $ 34,000 16-20 $ 48,000 1. Accept referrals for the State Rental Assistance Program from DD support coordinators and track them in the DBHDS Coordinated Housing Access and Referral System (CHARS). 2. Screen referrals to verify they meet basic program eligibility criteria, including age, diagnosis, and Medicaid coverage. Check whether the individual is registered as a violent sexual offender in Virginia Sex Offender Registry and conduct outreach to support coordinators to educate them about SRAP mandatory reasons for denial of assistance. Assess whether the individual wants to proceed with the referral. Notify support coordinators when referrals are accepted, rejected or deemed pending due to missing or unclear information. 3. Assign referrals to PHA’s SRAP slots using SRAP prioritization criteria. Forward referrals and slot assignments to PHA. For PBRA slots, assign referrals to specific slots by property type/location/unit size (screen for location preference, accessibility needs, unit size needs). 4. Track PHA’s available and utilized SRAP slots. For PBRA slots, track available and utilized slots by property/unit. Maintain communication with PHA regarding the approved monthly SRAP subsidy for each slot, the unit address, the date of onset of assistance, the date assistance terminates, any changes to the monthly subsidy or unit, and the effective date of the change. 5. Provide support coordinators and families technical assistance with housing searches and housing application processes. 6. Provide support coordinators and families technical assistance with reasonable accommodation requests, fair housing concerns, and identification of resources to cover initial housing expenses such as housing location, security deposits, moving costs, furnishings, adaptive aids, moving costs and other one-time expenses. 7. Assist PHA with developing annual budget projections for rental assistance and approve the annual budget proposal for rental assistance. 8. Mon...
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Incentive Option. As soon as practicable as permitted under the American Stock Exchange (“AMEX”) rules and procedures relating to exceptions to the stockholder approval requirements for grants of stock options and other types of equity compensation awards to an individual not previously an employee or director of the granting company (the “AMEX Exception”), the Company will grant to Executive pursuant to the Commerce Energy Group, Inc. Fallquist Incentive Plan (the “Incentive Plan”) a non-qualified stock option (the “Incentive Option”) to purchase 125,000 shares of common stock, par value $0.001 per share, of the Company (the “Common Stock”). The Incentive Option shall be immediately vested and fully exercisable on the Option Grant Date. The exercise price per share shall be the Fair Market Value (as defined in the Incentive Plan).
Incentive Option. 4 1.13 Non-Employee Director ......................................... 4 1.14 Non-Qualified Option .......................................... 4 1.15 Outside Director .............................................. 4 1.16 Option ........................................................ 5 1.17 Parent Corporation ............................................ 5 1.18 Retirement .................................................... 5 1.19 Stock ......................................................... 5 1.20 Subsidiary .................................................... 5 SECTION 2 Administration ................................................ 5
Incentive Option. An Award in the form of an Option that shall comply with the requirements of Section 422 of the Code. Subject to adjustments in accordance with the provisions of Article XX, the aggregate number of Shares that may be subject to Incentive Options under the Plan shall not exceed Five Million Four Hundred Thousand (5,400,000).
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