Special ISO Provisions Clause Samples

Special ISO Provisions. No ISO shall be granted to any Eligible Recipient if such Eligible Recipient owns, immediately prior to the grant of the ISO, stock representing more than 10% of the voting power or more than 10% of the value of all classes of stock of the Company or a parent or a Subsidiary, unless the purchase price for the stock under such ISO shall be at least 110% of its Fair Market Value at the time such ISO is granted and the ISO, by its terms, shall not be exercisable more than five years from the date it is granted. In determining such stock ownership, the provisions of Section 424(d) of the Code shall be controlling.

Special ISO Provisions. This Option shall be treated as an ISO to the extent allowable by Section 422 of the Code. If Optionee sells or otherwise disposes of Shares acquired upon exercise of the Option within one year from the date such Shares were acquired or within two years from the Date of Grant, Optionee agrees to deliver a written report to the Company within ten (10) days following the sale or other disposition of such Shares detailing the net proceeds of such sale or disposition.

Special ISO Provisions. If designated as an ISO, this Option shall be treated as an ISO to the extent allowable under Section 422 of the Code, and shall otherwise be treated as a NQSO to the extent such Option fails to meet the requirements under Section 422 of the Code. To the extent that the aggregate Fair Market Value (determined at the time of grant) of Stock with respect to this Option is first exercisable by the Participant during any calendar year under all plans of the Company and its subsidiaries exceeds $100,000, the Option or portions thereof which exceed such limit (according to the order in which they were granted) shall be treated as a Non-Qualified Option. It should be understood that there is no assurance that the Option will, in fact, be treated as an ISO. If any portion of this Option shall fail to qualify as an ISO, it shall be treated as a NQSO. By acceptance of this Option, Participant acknowledges and agrees that if Participant sells or otherwise disposes of Stock acquired upon the exercise of an ISO within 1 year from the date such Stock was acquired or 2 years from the Grant Date, Participant agrees to deliver a written report to the Company within 10 days following the sale or other disposition of such Stock detailing the net proceeds of such sale or disposition and such other information as may be reasonably requested by the Company.

Special ISO Provisions. ISOs may not be granted more than ten (10) years after Board approval of this Plan and may not be exercised beyond 10 years after the Grant Date (or any such shorter period specified in the Award Agreement). The following provisions control any ISO grants.

Special ISO Provisions. If designated as an ISO, this Option shall be treated as an ISO to the extent allowable under Section 422 of the Code, and shall otherwise be treated as a Non-ISO. If the Holder sells or otherwise disposes of Shares acquired upon the exercise of an ISO within 1 year from the date Senior Management Stock Option Award Agreement (Substituted Option) Advanced Disposal Waste Holdings Corp. 2012 Stock Incentive Plan such Shares were acquired or 2 years from the Grant Date, the Holder agrees to deliver a written report to the Company within 10 days following the sale or other disposition of such Shares detailing the net proceeds of such sale or disposition. The Company does not guarantee that any transaction will receive ISO treatment for tax purposes.