Common use of Tax Effect Clause in Contracts

Tax Effect. The federal tax consequences of stock options are complex and subject to change. Each person should consult with his or her tax advisor before exercising any Option or disposing of any Shares acquired upon the exercise of an Option.

Appears in 12 contracts

Sources: Nonqualified Stock Option Agreement (Piedmont Mining Company, Inc.), Stock Option Agreement (V2K International Inc), Stock Option Agreement (Dragon Pharmaceuticals Inc)

Tax Effect. The federal and state tax consequences of stock options are complex and subject to change. Each person should consult with his or her tax advisor before exercising any this Option or disposing of any Shares acquired upon the exercise of an this Option.

Appears in 10 contracts

Sources: Non Qualified Stock Option Agreement (Marwynn Holdings, Inc.), Incentive Stock Option Agreement (Calidi Biotherapeutics, Inc.), Non Qualified Stock Option Agreement (Calidi Biotherapeutics, Inc.)

Tax Effect. The federal tax consequences of stock Share options are complex and subject to change. Each person should consult with his or her tax advisor before exercising any Option or disposing of any Shares acquired upon the exercise of an Option.

Appears in 3 contracts

Sources: Stock Option Agreement (Golden Phoenix Minerals Inc /Mn/), Stock Option Agreement (Golden Phoenix Minerals Inc /Mn/), Non Qualified Stock Option Agreement (Remedent, Inc.)

Tax Effect. The federal tax consequences of stock options are complex and subject to change. Each person The Optionee should consult with his or her tax advisor before exercising any Option or disposing of any Shares acquired upon the exercise of an Option.

Appears in 1 contract

Sources: Stock Option Agreement (International Displayworks, Inc)