Common use of ISO Value Limit Clause in Contracts

ISO Value Limit. If the aggregate fair market value of the shares with respect to which ISOs (whether granted under the Option or otherwise) first become exercisable by the Grantee in any calendar year exceeds $100,000, as measured on the applicable Award Dates, the limitations of Section 5.1.2 of the Plan shall apply and to such extent the Option will be rendered a nonqualified stock option.

Appears in 21 contracts

Samples: Incentive Stock Option Agreement (Alaska Air Group, Inc.), Incentive Stock Option Agreement (Alaska Air Group, Inc.), Executive Employee Incentive Stock Option Agreement

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ISO Value Limit. If the aggregate fair market value of the shares with respect to which ISOs (whether granted under the Option or otherwise) first become exercisable by the Grantee Participant in any calendar year exceeds $100,000, as measured on the applicable Award Datesaward dates, the limitations of Section 5.1.2 2.3 of the Plan shall apply and to such extent the Option will be rendered a nonqualified stock optionNQSO.

Appears in 3 contracts

Samples: Employee Stock Option Agreement (Macerich Co), Employee Stock Option Agreement (Macerich Co), Employee Stock Option Agreement (Macerich Co)

ISO Value Limit. If the aggregate fair market value of the shares with respect to which ISOs (whether granted under the Option or otherwise) first become exercisable by the Grantee Participant in any calendar year exceeds $100,000, as measured on the applicable Award Dates, the limitations of Section 5.1.2 of the Plan shall apply and to such extent the Option will be rendered a nonqualified stock option.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Lions Gate Entertainment Corp /Cn/), Incentive Stock Option Agreement (Lions Gate Entertainment Corp /Cn/)

ISO Value Limit. If the aggregate fair market value Fair Market Value of the shares Shares with respect to which ISOs (whether granted under the this Option or otherwise) first become exercisable by the Grantee Participant in any calendar year exceeds $100,000, 100,000 as measured on the applicable Award Grant Dates, the limitations of Section 5.1.2 2.3 of the Plan shall apply and to such extent the this Option will be rendered a nonqualified stock optionNonqualified Stock Option.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Amerigon Inc)

ISO Value Limit. If the aggregate fair market value of the shares with respect to which ISOs (whether granted under the Option or otherwise) first become exercisable by the Grantee Participant in any calendar year exceeds $100,000, 100,000 as measured on the applicable Award Dates, the limitations of Section 5.1.2 2.3 of the Plan shall apply and to such extent the Option will be rendered a nonqualified stock optionNonqualified Stock Option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Seracare Life Sciences Inc)

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ISO Value Limit. If the aggregate fair market value of the shares with respect to which ISOs (whether granted under the Option or otherwise) first become exercisable by the Grantee Participant in any calendar year exceeds $100,000, as measured on the applicable Award Datesaward dates, the limitations of Section 5.1.2 of the Plan shall apply and to such extent the Option will be rendered a nonqualified stock optionNonqualified Stock Option.

Appears in 1 contract

Samples: Employment Agreement (Luminent Mortgage Capital Inc)

ISO Value Limit. If the aggregate fair market value Fair Market Value of the shares Shares with respect to which ISOs (whether granted under the this Option or otherwise) first become exercisable by the Grantee Participant in any calendar year exceeds $100,000, 100,000 as measured on the applicable Award Grant Dates, the limitations of Section 5.1.2 2.3.1 of the Plan shall apply and to such extent the this Option will be rendered a nonqualified stock optionNonqualified Stock Option.

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Wherehouse Entertainment Inc /New/)

ISO Value Limit. If the aggregate fair market value of the shares with respect to which ISOs (whether granted under the Option or otherwise) first become exercisable by the Grantee Participant in any calendar year exceeds $100,000, as measured on the applicable Award Dates, the limitations of Section 5.1.2 of the Plan shall apply and to such extent the Option will be rendered a nonqualified stock optionNonqualified Stock Option.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Luminent Mortgage Capital Inc)

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