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Common use of ISOs Clause in Contracts

ISOs. The terms and conditions of ISOs granted hereunder shall be subject to the provisions of Section 422 of the Code and the terms, conditions, limitations and administrative procedures established by the Committee from time to time in accordance with the Plan. At the discretion of the Committee, ISOs may be granted only to an employee of the Company or a Subsidiary.

Appears in 5 contracts

Samples: Employment Agreement (Taylor & Martin Group Inc), Employment Agreement (Taylor & Martin Group Inc), Employment Agreement (Taylor & Martin Group Inc)

ISOs. The terms and conditions of ISOs granted hereunder shall be subject to the provisions of Section 422 of the Code and the terms, conditions, limitations and administrative procedures established by the Committee Administrator from time to time in accordance with the Plan. At the discretion of the CommitteeAdministrator, ISOs may be granted only to an employee of the Company Company, its “parent corporation” (as such term is defined in Section 424(e) of the Code) or a SubsidiarySubsidiary of the Company.

Appears in 2 contracts

Samples: Business Combination Agreement (Zanite Acquisition Corp.), Merger Agreement (EJF Acquisition Corp.)