Common use of Nonqualified Stock Options Clause in Contracts

Nonqualified Stock Options. The Options granted hereunder are not intended to be incentive stock options within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 2 contracts

Samples: Stock Option Agreement (Digital Lifestyles Group Inc), Stock Option Agreement (Northgate Innovations Inc)

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Nonqualified Stock Options. The Options granted hereunder are This option is not intended to be qualify as an incentive stock options within the meaning of option under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")amended.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Indiana Community Bancorp)

Nonqualified Stock Options. The Options granted hereunder are not intended to be constitute “incentive stock options within the meaning of options” as that term is used in Section 422 of the Internal Revenue Code of 1986Code, as amended (the "Code")amended.

Appears in 1 contract

Samples: Stock Option and Performance Unit Award Agreement (First Bancorp /Nc/)

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Nonqualified Stock Options. The Options granted hereunder are not intended to be incentive stock options within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Stock Option Agreement (Digital Lifestyles Group Inc)

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