Common use of Status of the Option Clause in Contracts

Status of the Option. The Option is not intended to qualify as an “Incentive Stock Option” within the meaning of Section 422 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”).

Appears in 3 contracts

Samples: Non Employee Director Stock Option Agreement (Aflac Inc), Non Employee Director Stock Option Agreement (Aflac Inc), Non Employee Director Stock Option Agreement (Aflac Inc)

AutoNDA by SimpleDocs

Status of the Option. The Option is not intended to qualify as an "Incentive Stock Option" within the meaning of Section 422 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”)amended.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Aflac Inc)

Status of the Option. The Option is not intended to qualify as an "Incentive Stock Option" within the meaning of Section 422 of the U.S. Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Employee Stock Option Agreement (Aflac Inc)

AutoNDA by SimpleDocs

Status of the Option. The Option is not intended to qualify as an "Incentive Stock Option" within the meaning of Section 422 of the U.S. Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Samples: Non Employee Director Stock Option Agreement (Aflac Inc)

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