Common use of Non-Statutory Option Clause in Contracts

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”).

Appears in 10 contracts

Samples: Non Qualified Stock Option Agreement (Dominos Pizza Inc), Non Qualified Stock Option Agreement (Dominos Pizza Inc), Non Qualified Stock Option Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!