Common use of Limitations on Incentive Stock Options Clause in Contracts

Limitations on Incentive Stock Options. To the extent that the aggregate Fair Market Value of the Common Stock subject to this option, plus any shares of Common Stock subject to incentive stock options previously granted to the Optionee by the Company or any subsidiary, that are exercisable for the first time by the Optionee during a single calendar year exceeds one hundred thousand dollars ($100,000), this option shall be considered to be a non-qualified stock option to the extent of any excess.

Limitations on Incentive Stock Options. To the extent that the aggregate Fair Market Value fair market value of the Common stock with respect to which any Incentive Stock subject to this option, plus any shares of Common Stock subject to incentive stock options previously granted to the Optionee by the Company or any subsidiary, that Options you hold are exercisable for the first time by the Optionee during a single any calendar year under all plans of the Company and its subsidiaries, exceeds one hundred thousand dollars ($100,000), this option shall such Stock Option will be considered to be a non-qualified stock option to the extent of any excesstreated as Nonqualified Stock Options.

Limitations on Incentive Stock Options. (1) To the extent that the aggregate Fair Market Value of the Common Stock subject to this option, plus any shares of Common Stock subject with respect to incentive stock options previously granted to the Optionee by the Company or any subsidiary, that which Incentive Stock Options are exercisable for the first time by the Optionee a Participant during a single any calendar year exceeds one hundred thousand dollars under the Plan and any other stock option plan of the Company (or any Subsidiary of the Company) shall exceed $100,000), this option such Options shall be considered to treated as Non-Qualified Stock Options. Such Fair Market Value shall be a non-qualified stock option to determined as of the extent of any excessdate on which each such Incentive Stock Option is granted.