Common use of Qualification for Incentive Stock Options Clause in Contracts

Qualification for Incentive Stock Options. The Committee may grant an Incentive Stock Option to an individual only if such person is an employee of the Company or is an employee of a Subsidiary as permitted under Section 422(a)(2) of the Code.

Appears in 3 contracts

Samples: Equity Incentive Plan (Atrion Corp), Atrion Corporation 2006 Equity Incentive Plan (Atrion Corp), Equity Incentive Plan (Atrion Corp)

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Qualification for Incentive Stock Options. The Committee may grant an Incentive Stock Option to an individual only if such person is an employee Employee of the Company or is an employee Employee of a an Affiliate or Subsidiary as permitted under Section section 422(a)(2) of the Code.

Appears in 1 contract

Samples: Equity Incentive Plan (GMH Communities Trust)

Qualification for Incentive Stock Options. The Committee may grant an Incentive Stock Option to an individual only if such person is an employee Employee of the Company or is an employee Employee of a an Affiliate or Subsidiary as permitted under Section 422(a)(2) of the Code.

Appears in 1 contract

Samples: Equity Incentive Plan (MPT Operating Partnership, L.P.)

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Qualification for Incentive Stock Options. The Committee may only grant an Incentive Stock Option to an individual only if such person is an employee Employee of the Company or is an employee Employee of a Subsidiary as permitted under Section 422(a)(2) of the CodeSubsidiary.

Appears in 1 contract

Samples: 2003 Stock Option and Incentive Plan (Spirit Finance Corp)

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