Common use of Tax Status of the Option Clause in Contracts

Tax Status of the Option. This Option is intended to be a nonstatutory stock option and shall not be treated as an incentive stock option within the meaning of Section 422(b) of the Code.

Appears in 10 contracts

Samples: Nonstatutory Stock Option Agreement (Kaydon Corp), Nonstatutory Stock Option Agreement (Ciena Corp), Nonstatutory Stock Option Agreement (Adobe Systems Inc)

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Tax Status of the Option. This Option is intended to be a nonstatutory stock option Nonqualified Stock Option and shall not be treated as an incentive stock option Incentive Stock Option within the meaning of Section 422(b) of the Code.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Ontro Inc)

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Tax Status of the Option. This The Option is intended to be a nonstatutory stock option Nonstatutory Stock Option and shall not be treated as an incentive stock option Incentive Stock Option within the meaning of Section 422(b) of the Code.

Appears in 1 contract

Samples: Director Stock Option Agreement (Halozyme Therapeutics, Inc.)

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