Common use of Other Qualification Considerations Clause in Contracts

Other Qualification Considerations. In addition, in order to qualify for favorable tax treatment, no disposition of stock obtained pursuant to an Incentive Stock Option may be made within 2 years from the date of the grant of the Option or within 1 year after exercise of the Option and the transfer of such stock to the Optionee. Further, in order to qualify for favorable tax treatment, the Option must be exercised no later than three (3) months after the termination of the Optionee’s employment with the Company or an Affiliate (other than as a result of the death of the Optionee), whether such termination is voluntary or involuntary, with or without Cause. If these requirements are not observed, the Optionee will not receive the favorable tax treatment described below.

Other Qualification Considerations. In addition, in order to qualify for favorable tax treatment, no disposition of stock obtained pursuant to an Incentive Stock Option may be made within 2 years from the date of the grant of the Option or within 1 year after exercise of the Option and the transfer of such stock to the Optionee. Further, in order to qualify for favorable tax treatment, the Option must be exercised no later than three (3) months after the termination of the Optionee’s employment with the Company or an Affiliate (other than as a result of the death of the Optionee), whether such termination is voluntary or involuntary, with For Cause or without Without Cause. If these requirements are not observed, the Optionee will not receive the favorable tax treatment described below.

Other Qualification Considerations. In addition, in order to qualify for favorable tax treatment, no disposition of stock obtained pursuant to an Incentive Stock Option may be made within 2 years from the date of the grant of the Option or within 1 year after exercise of the Option and the transfer of such stock to the Optionee. Further, in order to qualify for favorable tax treatment, the Option must be exercised no later than three (3) months after the termination of the Optionee’s 's employment with the Company or an Affiliate (other than as a result of the death of the Optionee), whether such termination is voluntary or involuntary, with or without Cause. If these requirements are not observed, the Optionee will not receive the favorable tax treatment described below.

Other Qualification Considerations. In addition, in order to qualify for favorable tax treatmenttreatment as an Incentive Stock Option, no disposition of stock obtained pursuant to an Incentive Stock Option may be made within 2 two years from the date of the grant of the Option or within 1 one year after exercise of the Option and the transfer of such stock to the OptioneeRecipient. Further, in order to qualify for favorable tax treatment, the Option must be exercised no later than three (3) months after the termination of the Optionee’s Recipient's employment with the Company or an Affiliate (other than as a result of the death of the OptioneeRecipient), whether such termination is voluntary or involuntary, with or without Cause. If these requirements are not observed, the Optionee Recipient will not receive the favorable tax treatment described below.