Non-Statutory Option Sample Clauses

Non-Statutory Option. The Stock Option evidenced by this Agreement is intended to be, and is hereby designated, a non-statutory option, that is, an option that does not qualify as an incentive stock option as defined in section 422 of the Internal Revenue Code of 1986, as amended from time to time (the “Code”).
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Non-Statutory Option. Optionee acknowledges that this option is not intended to satisfy the requirements of Section 422 of the U.S. Internal Revenue Code of 1986, as amended.
Non-Statutory Option. The Holder hereby agrees that the Company may withhold from the Holder’s wages, or other amounts due to the Holder from the Company, the appropriate amount of federal, state and local withholding taxes attributable to the Holder’s exercise of this Option.
Non-Statutory Option. The Option shall be a Non-Statutory Option, as defined in the Plan.
Non-Statutory Option. In consideration of your agreements contained in this letter, the Company hereby grants you a non-statutory option (“NSO”) to purchase from the Company shares of common stock of the Company (“Company Stock”) at $ per share. The exercise price of the NSO is the Fair Market Value (as defined in the Plan) of the Company Stock on (the “Grant Date”).
Non-Statutory Option. Optionee acknowledges and accepts that the Option is a non-statutory option that does not satisfy the requirements of Section 422 of the Internal Revenue Code of 1986, as amended.
Non-Statutory Option. Under the Company's 1998 Stock Incentive Plan, as amended (the "Plan"), the Company hereby grants the Employee a non-statutory option ("NSO") to purchase from the Company twenty-five thousand (25,000) shares of the Company's Common Stock. The exercise price of the NSO is $27.4375 per share, being the fair market value of the Company's Common Stock on the date hereof.
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Non-Statutory Option. The Stock Option is intended to be a Non-statutory Option and shall not be treated as an incentive stock option within the meaning of Section 422(b) of the Code.
Non-Statutory Option. (iii) The Optionee is a(n) (if applicable, check more than one): Employee Officer Consultant Director
Non-Statutory Option. 18. Should the exercisability of this option be accelerated upon a Corporate Transaction, then this option shall qualify for favorable tax treatment as an Incentive Option only to the extent the aggregate Fair Market Value (determined at the Grant Date) of the Common Stock for which this option first becomes exercisable in the calendar year in which the Corporate Transaction occurs does not, when added to the aggregate value (determined as of the respective date or dates of grant) of the Common Stock or other securities for which this option or one or more other Incentive Options granted to Optionee prior to the Grant Date (whether under the Plan or any other option plan of the Corporation or any Parent or Subsidiary) first become exercisable during the same calendar year, exceed One Hundred Thousand Dollars ($100,000) in the aggregate. Should the applicable One Hundred Thousand Dollar ($100,000) limitation be exceeded in the calendar year of such Corporate Transaction, the option may nevertheless be exercised for the excess shares in such calendar year as a Non-Statutory Option.
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