Common use of Nonqualified Option Clause in Contracts

Nonqualified Option. The Option granted hereby shall be treated as a nonqualified stock option and not as an incentive stock option under the Internal Revenue Code.

Appears in 22 contracts

Samples: Stock Option Agreement (Stratex Oil & Gas Holdings, Inc.), Stock Option Agreement (Stratex Oil & Gas Holdings, Inc.), Stock Option Agreement (Stratex Oil & Gas Holdings, Inc.)

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Nonqualified Option. The Option granted hereby shall This option is not intended to be treated as a nonqualified stock option and not as an incentive stock option under Section 422 of the Internal Revenue CodeCode and will be interpreted accordingly.

Appears in 2 contracts

Samples: Nonqualified Option Agreement (Kaplan David P), Nonqualified Option Agreement (Teece David J)

Nonqualified Option. The This Option granted hereby shall not be treated as a nonqualified stock option and not as an incentive stock option under Section 422 of the Internal Revenue Code, but rather is a “nonqualified” stock option.

Appears in 2 contracts

Samples: Nonqualified Stock Option Award Agreement (Digitalglobe Inc), Nonqualified Stock Option Award Agreement (Digitalglobe Inc)

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Nonqualified Option. The Option granted hereby shall be treated as a nonqualified stock option and not as an "incentive stock option " under the Internal Revenue Code.

Appears in 1 contract

Samples: Stock Option Agreement (Dune Energy Inc)

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