Option Subject to Plan. The Option is granted as a Nonqualified Stock Option as defined in Section 2(w) of the Plan that is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code, is issued pursuant to the Plan, and is in all respects subject to the terms, provisions, conditions and restrictions of the Plan. In the event of any conflict between this instrument and the Plan, the Plan shall control.
Appears in 9 contracts
Samples: Independent Director Agreement (Kaival Brands Innovations Group, Inc.), Independent Director Agreement (Kaival Brands Innovations Group, Inc.), Independent Director Agreement (Kaival Brands Innovations Group, Inc.)
