Common use of ISO Clause in Contracts

ISO. If the Optionee holds ISO Shares for at least one year after exercise and two years after the grant date, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes. If the Optionee disposes of ISO Shares within one year after exercise or two years after the grant date, any gain realized on such disposition will be treated as compensation income (taxable at ordinary income

ISO. If the Optionee holds You hold ISO Shares for at least one year after exercise and AND for two years after the Option grant date, any gain realized on disposition of the Shares will be treated as a long-term capital gain for federal income tax purposes. If the Optionee disposes You dispose of ISO Shares within one year after exercise or within two years after the Option grant date, any gain realized on such disposition will be treated as compensation income (taxable at ordinary incomeincome rates) to the extent of the excess, if any, of the LESSER OF (A) the difference between the fair market value of the Shares acquired on the date of exercise and their aggregate Exercise Price, or (B) the difference between the sale price of such Shares and their aggregate Exercise Price.

ISO. If the Optionee holds ISO Shares for at least one year after exercise and two years after the grant date, any gain realized on disposition of the Shares will be treated as a long-term capital gain for federal income tax purposes. If the Optionee disposes of ISO Shares within one year after exercise or two years after the grant date, any gain realized on such disposition will be treated as compensation income (taxable at ordinary incomelesser of (A) the difference between the fair market value of the Shares acquired on the date of exercise and the aggregate Exercise Price, or (B) the difference between the sale price of such Shares and the aggregate Exercise Price.

ISO. If the Optionee holds ISO Shares for at least one year after exercise and two years after the grant date, any gain realized on disposition of the Shares will be treated as long-term capital gain for federal income tax purposes. If the Optionee disposes of ISO Shares within one year after exercise or two years after the grant date, any gain realized on such disposition will be treated as compensation income (taxable at ordinary incomeincome rates) to the extent of-the excess, if any, of the lesser of the difference between the fair market value of the Shares acquired on the date of exercise and the aggregate Exercise Price, or the difference between the sale price of such Shares and the aggregate Exercise Price.