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 within the meaning of Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amended.

Appears in 9 contracts

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

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Nature of the Option. This Option is not intended to qualify as an Incentive Stock Option within the meaning of Xxxxxxx Sxxxxxx 000 xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amendedamended (the "Code"). This Option is not awarded pursuant to the Company's 2014 Stock Incentive Plan.

Appears in 2 contracts

Samples: Cachet Financial Solutions (Cachet Financial Solutions, Inc.), Cachet Financial Solutions (Cachet Financial Solutions, Inc.)

Nature of the Option. This Option is not intended to qualify as an Incentive Stock Option within the meaning of Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amended. This Option is not granted pursuant to the Company’s 2001 Equity Incentive Plan.

Appears in 2 contracts

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

Nature of the Option. This Option is not intended to qualify as an Incentive Stock Option within the meaning of Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amended. This Option is not granted pursuant to the Company’s Amended and Restated 2001 Equity Incentive Plan.

Appears in 1 contract

Samples: Option Agreement (Medicalcv Inc)

Nature of the Option. This Option is not intended to qualify as an Incentive Stock Option within as defined in Section 422 of the meaning of Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amendedamended (the "Code").1.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Willamette Valley Vineyards Inc)

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Nature of the Option. This Option is not intended to qualify as an Incentive Stock Option within the meaning of Xxxxxxx Sxxxxxx 000 xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Wireless Ronin Technologies Inc)

Nature of the Option. This Option is intended to be a nonstatutory stock option and is not intended to qualify as be an Incentive Stock Option incentive stock option within the meaning of Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Internal Revenue Code of 1986, as amendedamended (the “Code”).

Appears in 1 contract

Samples: Stock Option Agreement (Cubist Pharmaceuticals Inc)

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