Common use of NATURE OF OPTION Clause in Contracts

NATURE OF OPTION. This Option is intended to be an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the _Code_).

Appears in 4 contracts

Samples: Stock Option Agreement (Success Bancshares Inc), Stock Option Agreement (Success Bancshares Inc), Stock Option Agreement (Success Bancshares Inc)

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NATURE OF OPTION. This Option is intended to be an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the _β€œCode_”).

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Intest Corp), Incentive Stock Option Agreement (Intest Corp), Incentive Stock Option Agreement (Intest Corp)

NATURE OF OPTION. This Option is intended to be qualify as an incentive stock option within the meaning of Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the _"Code_").

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Futterman Jack), Incentive Stock Option Agreement (Reicher Michael K), Incentive Stock Option Agreement (Halsey Drug Co Inc/New)

NATURE OF OPTION. This Option is intended to be an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the _"Code_").

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Intest Corp), Incentive Stock Option Agreement (Intest Corp)

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NATURE OF OPTION. This Incentive Option is intended to be qualify as an incentive stock option within the meaning of Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the _"Code_").

Appears in 1 contract

Samples: Incentive Stock Option Agreement (NPC Holdings Inc)

NATURE OF OPTION. This Incentive Option is intended to be qualify as an incentive stock option within the meaning of Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the _Code_"CODE").

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Southern Mineral Corp)

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