Common use of ISO Restriction Clause in Contracts

ISO Restriction. Solely for purposes of determining whether shares are available for the issuance of ISOs, and notwithstanding anything in this Section to the contrary, the maximum aggregate number of shares that may be issued through ISOs under this Plan shall be 500,000. The terms of Section 4.2 shall apply equally for purposes of the number of shares available under this Section 4.4 for issuance through ISOs, except that shares subject to ISOs that settle in cash shall not be available for distribution through issuance of ISOs.

Appears in 1 contract

Samples: Term Incentive Plan (Mastercard Inc)

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ISO Restriction. Solely for purposes of determining whether shares are available for the issuance of ISOs, and notwithstanding anything in this Section to the contrary, the maximum aggregate number of shares that may be issued through ISOs under this Plan shall be 500,000. The terms of Section section 4.2 shall apply equally for purposes of the number of shares available under this Section 4.4 for issuance through ISOs, except that shares subject to ISOs that settle in cash shall not be available for distribution through issuance of ISOs.

Appears in 1 contract

Samples: Mastercard Inc

ISO Restriction. Solely for purposes of determining whether shares are available for the issuance of ISOs, and notwithstanding anything in this Section to the contrary, the maximum aggregate number of shares that may be issued through ISOs under this Plan shall be 500,0005,000,000. The terms of Section 4.2 shall apply equally for purposes of the number of shares available under this Section 4.4 for issuance through ISOs, except that shares subject no Common Shares may again be optioned, granted or awarded if such action would cause an ISO to ISOs that settle in cash shall not be available for distribution through issuance fail to qualify as an incentive stock option under Section 422 of ISOsthe Code.

Appears in 1 contract

Samples: Mastercard Inc

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ISO Restriction. Solely for purposes of determining whether shares are available for the issuance of ISOs, and notwithstanding anything in this Section to the contrary, the maximum aggregate number of shares that may be issued through ISOs under this Plan shall be 500,000. The terms of Section 4.2 shall apply equally for purposes of the number of shares available under this Section 4.4 for issuance through ISOs, except that shares subject to ISOs that settle in cash shall not be available for distribution through issuance of ISOs.. Table of Contents

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (Mastercard Inc)

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