Common use of Special Rule for ISOs Clause in Contracts

Special Rule for ISOs. Any adjustment made pursuant to subsections (a) or (b) hereof shall be made in such a manner as not to constitute a modification, within the meaning of Section 424(h) of the Code, of outstanding ISOs.

Appears in 2 contracts

Samples: Stock Option Agreement (Pacific City Financial Corp), Stock Option Agreement (Community Bancorp Inc)

AutoNDA by SimpleDocs

Special Rule for ISOs. Any adjustment made pursuant to subsections (a) or (b) subsection 7.1 hereof shall be made in such a manner as not to constitute a modification, within the meaning of Section 424(h) of the Code, of outstanding ISOs.

Appears in 1 contract

Samples: Stock Option Award Agreement (Pacific City Financial Corp)

AutoNDA by SimpleDocs

Special Rule for ISOs. Any adjustment made pursuant to subsections subparagraphs (a) or (bb)(1) hereof shall be made in such a manner as not to constitute a modification, within the meaning of Section 424(h) of the Code, of outstanding ISOs.

Appears in 1 contract

Samples: Stock Option Agreement (Southfirst Bancshares Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!