Common use of NSO Clause in Contracts

NSO. Upon disposition of the NSO Shares, the Optionee will recognize a capital gain or loss equal to the difference between the selling price and the sum of the amount paid for the NSO Shares plus any amount recognized as ordinary income upon exercise of the NSO. If the Optionee holds NSO Shares for at least one year, any gain (or loss) realized on disposition of the NSO Shares will be treated as long-term capital gain (or loss) for federal income tax purposes.

Appears in 8 contracts

Samples: Stock Restrictions Agreement (InterPrivate III Financial Partners Inc.), Stock Option Grant Agreement (Blue Apron Holdings, Inc.), Stock Option Grant Agreement (Blue Apron Holdings, Inc.)

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NSO. Upon disposition of the NSO Shares, the Optionee Participant will recognize a capital gain or loss equal to the difference between the selling price and the sum of the amount paid for the NSO Shares plus any amount recognized as ordinary income upon exercise of the NSO. If the Optionee Participant holds NSO Shares for at least one year, any gain (or loss) realized on disposition of the NSO Shares will be treated as long-term capital gain (or loss) for federal income tax purposes.

Appears in 1 contract

Samples: Stock Option Agreement (Sprinklr, Inc.)

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NSO. Upon disposition of the NSO Shares, the Optionee will recognize a capital gain or loss equal to the difference between the selling price and the sum of the amount paid for the NSO Shares plus any amount recognized as ordinary income upon exercise of the NSO. If the Optionee holds NSO Shares for at least one year, any gain (or loss) realized on disposition of the NSO Shares will be treated as long-term capital gain (or loss) for federal income tax purposes. FOR ALL DETAILS, PLEASE REFER TO ESHARES OPTION DOCUMENTATION.

Appears in 1 contract

Samples: Stock Restrictions Agreement (InterPrivate III Financial Partners Inc.)

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