Nonstatutory Stock Option. The Option granted in this Paragraph is intended not to qualify as an incentive stock Option within the meaning of Section 422 of the Internal Revenue Code of 1986 and shall be so construed.
Appears in 5 contracts
Samples: Employment Contract (Uniview Technologies Corp), Employment Contract (Uniview Technologies Corp), Employment Contract (Uniview Technologies Corp)
Nonstatutory Stock Option. The Option granted in this Paragraph is intended not to qualify as an incentive stock Option option within the meaning of Section 422 of the Internal Revenue Code of 1986 1986, as amended, and shall be so construed.
Appears in 2 contracts
Samples: Termination Agreement (Baker Hughes Inc), Petrolite Corporation Stock Option Agreement (Petrolite Corp)