Common use of Notice Concerning ISO Treatment Clause in Contracts

Notice Concerning ISO Treatment. If this option is designated as an ISO in this Agreement, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised after the Optionee has been on a leave of absence for more than 90 days, unless the Optionee’s reemployment rights are guaranteed by statute or by contract.

Appears in 3 contracts

Samples: Stock Option Agreement (DDS Technologies Usa Inc), Stock Option Agreement (DDS Technologies Usa Inc), Stock Option Agreement (DDS Technologies Usa Inc)

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Notice Concerning ISO Treatment. If this option Option is designated as an ISO in this Agreement, it ceases to qualify for favorable tax treatment as an ISO to the extent it is exercised after the Optionee has been on a leave of absence for more than 90 days, unless the Optionee’s reemployment rights are guaranteed by statute or by contract.

Appears in 1 contract

Samples: Stock Option Agreement (22nd Century Group, Inc.)

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