Common use of No Disqualification Clause in Contracts

No Disqualification. Notwithstanding any other provision in this Plan, no term of this Plan relating to ISOs will be interpreted, amended or altered, nor will any discretion or authority granted under this Plan be exercised, so as to disqualify this Plan under Section 422 of the Code or, without the consent of the Participant affected, to disqualify any ISO under Section 422 of the Code.

Appears in 2 contracts

Samples: eproxymaterials.com, Quatrx Pharmaceuticals Co

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No Disqualification. Notwithstanding any other provision in this Plan, no term of this Plan relating to ISOs an ISO will be interpreted, amended or altered, nor will any discretion or authority granted under this Plan be exercised, so as to disqualify this Plan under Section 422 of the Code or, without the consent of the Participant affected, to disqualify any ISO under Section 422 of the Code.

Appears in 2 contracts

Samples: Settlement Agreement and General Release (Commerce Energy Group Inc), Settlement Agreement and General Release (Commerce Energy Group Inc)

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No Disqualification. Notwithstanding any other provision in this Plan, no term of this Plan relating to ISOs will be interpreted, amended or altered, nor will any discretion or authority granted under this Plan be exercised, so as to disqualify this Plan under Section 422 of the Code or, without the consent of the Participant affectedParticipant, to disqualify any Participant’s ISO under Section 422 of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (890 5th Avenue Partners, Inc.)

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