Common use of Type of Option Clause in Contracts

Type of Option. The Option is intended to be a Nonqualified Stock Option. It is not intended to qualify as an Incentive Stock Option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision thereto.

Appears in 18 contracts

Samples: Key Employee Stock Option Plan (United Community Banks Inc), Stock Option Award Agreement (United Community Banks Inc), Stock Option Award Agreement (United Community Banks Inc)

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Type of Option. The Option is intended to be a Nonqualified Stock ---------------- Option. It is not intended to qualify as an Incentive Stock Option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision thereto.

Appears in 8 contracts

Samples: Stock Option Agreement (Hienergy Technologies Inc), Stock Option Agreement (Hienergy Technologies Inc), Stock Option Agreement (Hienergy Technologies Inc)

Type of Option. The Option is intended to be a Nonqualified Stock Option. It nonqualified stock option which is not intended to qualify as an Incentive Stock Option within the meaning of Section be governed by section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision theretoamended.

Appears in 8 contracts

Samples: Deferred Stock Unit Award Agreement (Mens Wearhouse Inc), Deferred Stock Unit Award Agreement (Mens Wearhouse Inc), Nonqualified Stock Option Agreement (Mens Wearhouse Inc)

Type of Option. The Option is intended a non-qualified stock option and is not eligible to be a Nonqualified Stock Option. It is not intended to qualify as an Incentive Stock Option incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision thereto(the "Code").

Appears in 7 contracts

Samples: Stock Option Agreement (Crexendo, Inc.), Employment Agreement (Netgateway Inc), Employment Agreement (Netgateway Inc)

Type of Option. The Option is intended to be a Nonqualified Non-Qualified Stock Option. It Option that is not intended to qualify as an Incentive Stock Option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision theretoamended.

Appears in 5 contracts

Samples: Stock Option Agreement (Pennsylvania Enterprises Inc), Stock Option Agreement (Pennsylvania Enterprises Inc), Stock Option Grant (Pennsylvania Enterprises Inc)

Type of Option. The This Option is intended to be a Nonqualified Stock Option. It nonqualified stock option which -------------- is not intended to qualify as an Incentive Stock Option within the meaning of Section be governed by section 422 of the Internal Revenue Code of 1986, as amended from time amended, but is intended to time, or any successor provision theretobe a nonqualified stock option subject to the provisions of Section 83 of the Code.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (American Homestar Corp), Nonqualified Stock Option Agreement (American Homestar Corp), Nonqualified Stock Option Agreement (American Homestar Corp)

Type of Option. The Option is intended to be a Nonqualified Stock --------------- Option. It is not intended to qualify as an Incentive Stock Option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision thereto.

Appears in 4 contracts

Samples: Consulting Agreement (Hienergy Technologies Inc), Stock Option Agreement (Hienergy Technologies Inc), Stock Option Agreement (Planet Earth Recycling Inc)

Type of Option. The Option is an incentive stock option which is intended to be a Nonqualified Stock Optiongoverned by section 422 of the Code. It is not intended To the extent the Option or any part thereof fails to qualify as an Incentive Stock Option within the meaning of Section 422 of the Internal Revenue Code of 1986incentive stock option, it shall be treated as amended from time to time, or any successor provision theretoa nonqualified stock option.

Appears in 3 contracts

Samples: Performance Incentive Stock Option Award Agreement (Tuesday Morning Corp/De), Performance Incentive Stock Option Award Agreement (Tuesday Morning Corp/De), Incentive Stock Option Award Agreement (Tuesday Morning Corp/De)

Type of Option. The Option option is intended a non-statutory stock option which shall not be deemed to be a Nonqualified Stock Option. It is not intended to qualify meet the requirements of an incentive stock option as an Incentive Stock Option within the meaning of defined in Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision theretoamended.

Appears in 3 contracts

Samples: Non Statutory Stock Option Agreement (Kaman Corp), Non Statutory Stock Option Agreement (Kaman Corp), Non Statutory Stock Option Agreement (Kaman Corp)

Type of Option. The This Option is intended eligible to be a Nonqualified an incentive stock option (an "Incentive Stock Option. It is not intended to qualify as an Incentive Stock Option ") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time (the "Code"); provided that to timethe extent this Option does not qualify as an Incentive Stock Option under the Code, or any successor provision theretoit shall constitute a nonqualified stock option.

Appears in 3 contracts

Samples: Stock Option Agreement (California Tire Co), Stock Option Agreement (Heafner Tire Group Inc), Stock Option Agreement (Heafner Tire Group Inc)

Type of Option. The Option is intended to be a Nonqualified Stock Option. It is nonqualified stock option and shall not intended to qualify be treated as an Incentive Stock Option “incentive stock option” within the meaning of that term under Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision thereto.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Athersys, Inc / New), Nonqualified Stock Option Agreement (Athersys, Inc / New)

Type of Option. The Option is intended to be a Nonqualified Stock Option. It is Option (as defined in the Plan), which shall not intended be deemed to qualify as meet the requirements of an Incentive Stock Option within the meaning of “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended from time to timeamended, or any successor provision theretoprovision.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (KAMAN Corp), Nonqualified Stock Option Agreement (KAMAN Corp)

Type of Option. The This Option is intended to be a Nonqualified Stock Option. It is nonqualified stock option and shall not intended to qualify be treated as an Incentive Stock Option "incentive stock option" within the meaning of that term under Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision theretoamended.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Harman International Industries Inc /De/)

Type of Option. The Option is intended to be a Nonqualified Non-Qualified Stock Option. It Option that is not intended to qualify as an Incentive Stock Option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision theretoamended. Option No.: _______________

Appears in 1 contract

Samples: Stock Option Agreement (Pennsylvania Enterprises Inc)

Type of Option. The This Option is intended to be a Nonqualified Stock Option. It is not intended to qualify as an Incentive Stock Option "incentive -------------- stock option" within the meaning of Section 422 422A of the Internal Revenue Code of 1986, as amended from time amended. The Option is intended to time, or any successor provision theretobe a "Non-Qualified Stock Option" and shall be construed to implement that intent.

Appears in 1 contract

Samples: Stock Option Agreement (Skytel Communications Inc)

Type of Option. The Option option is intended to be a Nonqualified Stock Option. It is nonqualified stock option that does not intended to qualify as an Incentive Stock Option within the meaning of for incentive stock option treatment under Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision theretoamended.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Lydall Inc /De/)

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Type of Option. The This Option is intended to be a Nonqualified Stock Option. It is nonqualified stock option and shall not intended to qualify be treated as an Incentive Stock Option "incentive stock option" within the meaning of that term under Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision thereto.amended. 101

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Harman International Industries Inc /De/)

Type of Option. The This Option is intended to be a Nonqualified Stock Option. It non-qualified stock option, granted under Part III of the 1995 Plan, and is not intended to qualify as be an Incentive Stock Option incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision thereto(the "Code").

Appears in 1 contract

Samples: Non Employee Director Stock Option Agreement (Neoware Systems Inc)

Type of Option. The Option option is intended to be a Nonqualified Stock Option. It is nonqualified stock option which does not intended to qualify as an Incentive Stock Option within the meaning of for incentive stock option treatment under Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision theretoamended.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Lydall Inc /De/)

Type of Option. [The Option is intended to be a Nonqualified Stock Optionnon-qualified stock option. It is not intended eligible to qualify as be an Incentive Stock Option incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time (the "Code").][The Option is eligible to timebe an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, or any successor provision theretoas amended (the "Code").]

Appears in 1 contract

Samples: Stock Option Agreement (Cross Continent Auto Retailers Inc M&l)

Type of Option. The This Option is intended to be a Nonqualified Stock Option. It is nonqualified stock option and shall not intended to qualify be treated as an Incentive Stock Option "incentive stock option" within the meaning of that term under Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision thereto.amended. 125

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Harman International Industries Inc /De/)

Type of Option. The This Option is intended to be a Nonqualified Stock Option. It is not intended to qualify non-qualified stock option as an Incentive Stock Option within the meaning of defined in Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision thereto(the “Code”).

Appears in 1 contract

Samples: Stock Option Agreement (A.C.T. Holdings, Inc.)

Type of Option. The Option is intended to be a Nonqualified Stock Option. It is nonqualified stock option and shall not intended to qualify be treated as an Incentive Stock Option “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision theretoamended.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Kaiser Aluminum Corp)

Type of Option. The This Option is intended to be a Nonqualified eligible to be an incentive stock option (an "Incentive Stock Option. It is not intended to qualify as an Incentive Stock Option ") within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time (the "Code"); provided that to timethe extent this Option does not qualify as an Incentive Stock Option, or any successor provision theretoit shall constitute a nonqualified stock option under the Code.

Appears in 1 contract

Samples: Stock Option Agreement (American Tire Distributors Inc)

Type of Option. The Option is intended to be a Nonqualified Non-qualified Stock -------------- Option. It is not intended to qualify as an Incentive Stock Option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision thereto.

Appears in 1 contract

Samples: Stock Option Agreement (Hienergy Technologies Inc)

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