Common use of Tax Status of Option Clause in Contracts

Tax Status of Option. The Option is not intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Samples: Stock Option Agreement (Republic Airways Holdings Inc), Stock Option Agreement (Republic Airways Holdings Inc)

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Tax Status of Option. The Option is not intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Samples: Stock Option Agreement (Cavan Maritime LTD), Stock Option Agreement (Cavan Maritime LTD)

Tax Status of Option. The This Option is not intended to qualify as an "incentive stock option" under Section 422 of the Internal Revenue Code of 1986, as amended.

Appears in 1 contract

Samples: Stock Option Agreement (Shells Seafood Restaurants Inc)

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Tax Status of Option. The Option This option is not intended to qualify as be an "incentive stock option" under within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended1986 (the "Code") or any successor provision thereof.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Family Steak Houses of Florida Inc)

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