Common use of Nature of the Option Clause in Contracts

Nature of the Option. This Option is not intended to qualify as an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Equifin Inc), Non Qualified Stock Option Agreement (Equifin Inc), Non Qualified Stock Option Agreement (Equifin Inc)

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Nature of the Option. This The Option is a nonstatutory option and is not intended to qualify as an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 3 contracts

Samples: Nonstatutory Stock Option Agreement (Data Dimensions Inc), Nonstatutory Stock Option Agreement (Lionbridge Technologies Inc /De/), Nonstatutory Stock Option Agreement (Data Dimensions Inc)

Nature of the Option. This Option is not NOT intended by the Company and the Optionee to qualify as an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code"), but instead is granted as a Nonstatutory Option within the meaning of the Plan.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Broadcom Corp), Nonstatutory Stock Option Agreement (Broadcom Corp)

Nature of the Option. This Option option is not intended to qualify as be an Incentive Stock Option as defined in Section 422 “incentive stock option” within the meaning of section 422A of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Photronics Inc), Non Qualified Stock Option Agreement (Photronics Inc)

Nature of the Option. This Option is a nonqualified stock option and is not intended to qualify as an Incentive Stock Option incentive stock option as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Appears in 2 contracts

Samples: Nonqualified Stock Option Grant Agreement (Cadence Design Systems Inc), Nonqualified Stock Option Grant Agreement (Cadence Design Systems Inc)

Nature of the Option. This The Option is not intended to qualify be an incentive stock option as an Incentive Stock Option as defined in described by Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Interpace Diagnostics Group, Inc.)

Nature of the Option. This The Option is not intended to qualify as be an Incentive Stock Option as defined in incentive stock option described by Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Kenexa Corp)

Nature of the Option. This The Option is not intended to qualify as be an Incentive Stock Option as defined in --- incentive stock option described by Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Us Wats Inc)

Nature of the Option. This Option is not intended to qualify as be an "Incentive Stock Option as defined in Option" within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Appears in 1 contract

Samples: Stock Option Agreement (Sofamor Danek Group Inc)

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Nature of the Option. This Option is not intended to qualify as an -------------------- Incentive Stock Option as defined in Section 422 of the Internal Revenue Code code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Balance Bar Co)

Nature of the Option. This The Option is not intended to qualify as be an Incentive Stock Option as defined in incentive stock option described by Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended. 2.

Appears in 1 contract

Samples: Non Qualified Stock Option Award Agreement (Encorium Group Inc)

Nature of the Option. This Option is not intended to qualify as as, and under no circumstances shall be deemed to be, an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Star Telecommunications Inc)

Nature of the Option. This Option is not NOT intended to qualify as as, and -------------------- under no circumstances shall be deemed to be, an Incentive Stock Option as defined in Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Balance Bar Co)

Nature of the Option. This The Option is not intended to qualify as be an Incentive Stock Option as defined in incentive stock option described by Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Appears in 1 contract

Samples: Non Qualified Stock Option Award Agreement (Encorium Group Inc)

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