Limitation on Incentive Options. In no event shall there first become exercisable by the Participant in any one calendar year Incentive Options granted by the Corporation or any Parent or Subsidiary with respect to shares having an aggregate Fair Market Value (determined at the time an Incentive Option is granted) greater than $100,000. To the extent that any Incentive Options are first exercisable by the Participant in excess of such limitation, the excess shall be considered a Nonqualified Option.
Appears in 9 contracts
Samples: Employee Stock Option Agreement (GeoVax Labs, Inc.), Employee Incentive Stock Option Agreement (Pokertek, Inc.), Incentive Stock Option Award Agreement (Alynx, Co.)
Limitation on Incentive Options. In no event shall there first become exercisable by the Participant in any one calendar year Incentive Options granted by the Corporation Company or any Parent or Subsidiary with respect to shares having an aggregate Fair Market Value (determined at the time an Incentive Option is granted) greater than $100,000. To the extent that any Incentive Options are first exercisable by the Participant in excess of such limitation, the excess shall be considered a Nonqualified Option.
Appears in 5 contracts
Samples: Stock Option Agreement (Atlantic Capital Bancshares, Inc.), Stock Option Agreement (Atlantic Capital Bancshares, Inc.), Stock Option Agreement (Atlantic Capital Bancshares, Inc.)
Limitation on Incentive Options. In no event shall there first become exercisable by the Participant in any one calendar year Incentive Options granted by the Corporation or any Parent or Subsidiary with respect to shares of Common Stock having an aggregate Fair Market Value (determined at the time an Incentive Option is granted) greater than $100,000. To the extent that any Incentive Options are first exercisable by the Participant in excess of such limitation, the excess shall be considered a Nonqualified Option.
Appears in 1 contract
Limitation on Incentive Options. In no event shall there first ---------------------------------- become exercisable by the Participant in any one (1) calendar year Incentive Options granted by the Corporation or any Parent or Subsidiary with respect to shares having an aggregate Fair Market Value (determined at the time an Incentive Option is granted) greater than $100,000. To the extent that any Incentive Options are first exercisable by the Participant in excess of such limitation, the excess shall be considered a Nonqualified Option.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Healthextras Inc)
Limitation on Incentive Options. In no event shall there first become exercisable by the Participant in any one calendar year Incentive Options granted by the Corporation or any Parent or Subsidiary related corporation with respect to shares having an aggregate Fair Market Value (determined at the time an Incentive Option is granted) greater than $100,000. To the extent that any Incentive Options are first exercisable by the Participant in excess of such limitation, the excess shall be considered a Nonqualified Option.
Appears in 1 contract
Samples: Employee Incentive Stock Option Agreement (Charles & Colvard LTD)
Limitation on Incentive Options. In no event shall there first become exercisable by the Participant in any one calendar year Incentive Options granted by the Corporation or any Parent or Subsidiary with respect to shares having an aggregate Fair Market Value (determined at the time an Incentive Option is granted) greater than $100,000. To the extent that any Incentive Options are Option is first exercisable by the Participant in excess of such limitation, the excess shall be considered a Nonqualified Option.
Appears in 1 contract
Samples: Employee Incentive Stock Option Agreement (Charles & Colvard LTD)
Limitation on Incentive Options. In no event shall there first become exercisable by the Participant in any one calendar year Incentive Stock Options granted by the Corporation Company or any Parent or Subsidiary with respect to shares Shares having an aggregate Fair Market Value (determined at the time an Incentive Stock Option is granted) greater than $100,000. To the extent that any Incentive Options are Stock Option is first exercisable by the Participant in excess of such limitation, the excess shall be considered a Nonqualified Stock Option.
Appears in 1 contract
Samples: Employee Incentive Stock Option Agreement (Charles & Colvard LTD)
Limitation on Incentive Options. In no event shall there first ------------------------------- become exercisable by the Participant in any one (1) calendar year Incentive Options granted by the Corporation or any Parent or Subsidiary with respect to shares having an aggregate Fair Market Value (determined at the time an Incentive Option is granted) greater than $100,000. To the extent that any Incentive Options are first exercisable by the Participant in excess of such limitation, the excess shall be considered a Nonqualified Option.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (New York Community Bancorp Inc)
