Common use of Non-Qualified Stock Option Clause in Contracts

Non-Qualified Stock Option. The Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 9 contracts

Samples: Director Non Qualified Stock Option Agreement (Hurco Companies Inc), Director Non Qualified Stock Option Agreement (Hurco Companies Inc), Director Non Qualified Stock Option Agreement (Hurco Companies Inc)

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Non-Qualified Stock Option. The Company intends the Option is evidenced hereby not intended to qualify as be an "incentive stock option under Section option" within the meaning of section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 8 contracts

Samples: Qualified Stock Option Agreement (Dime Community Bancshares Inc), Stock Option Agreement (Dime Community Bancshares Inc), Non Qualified Stock Option Agreement (North Central Bancshares Inc)

Non-Qualified Stock Option. The Option is not intended to qualify as be an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amendedamended (the "Code") and will be interpreted accordingly.

Appears in 4 contracts

Samples: Option Agreement (Adept Technology Inc), Option Agreement (Adept Technology Inc), Option Agreement (Adept Technology Inc)

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Non-Qualified Stock Option. The This Option is not intended to qualify as be an "incentive stock option under option" as defined in Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Samples: Community First Inc, Community First Inc

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