Common use of Type of Stock Option Clause in Contracts

Type of Stock Option. If the opposite side of this Agreement indicates that this Option is an “Incentive Stock Option”, this Option is 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 (the “Code”). If the opposite side of this Agreement indicates that this Option is a “Non-Qualified Stock Option”, this Option shall not be considered an incentive stock option as defined by Section 422 of the Code.

Type of Stock Option. If the opposite side of this Agreement indicates that this Option option is an “Incentive Stock Option”, this Option option is 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 (the “Code”). If the opposite side of this Agreement indicates that this Option option is a “Non-Qualified Stock Option”, this Option option shall not be considered an incentive stock option as defined by Section 422 of the Code.

Type of Stock Option. If the opposite side of this Agreement indicates that this Option This option is an a “Incentive Non-Qualified Stock Option”, this Option is intended to qualify as ” and shall not be considered an incentive stock option within the meaning of as defined by Section 422 of the Internal Revenue Code of 1986, as amended from time to time (the “Code”). If the opposite side of this Agreement indicates that this Option is a “Non-Qualified Stock Option”, this Option shall not be considered an incentive stock option as defined by Section 422 of the Code.

Type of Stock Option. If the opposite side of this Agreement indicates that this Option is an “Incentive Stock Option”, this Option This option is intended to qualify as an incentive stock option within the meaning of under Section 422 of the Internal Revenue Code of 1986, as amended from time to time amended, and the regulations thereunder (the “Code”). If ) if so designated in the opposite side of this Agreement indicates that this Option is a “Non-Qualified Stock Option”Summary Cover Page, this Option shall not be considered an incentive stock option as defined by Section 422 of the Codeabove.

Type of Stock Option. If the opposite side of this Agreement indicates that this Option option is an “Incentive Stock Option”, this Option option is 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 (the “Code”). If the opposite side of this Agreement indicates that this Option option is a “Non-Qualified Stock Option”, this Option option shall not be considered an incentive stock option as defined by Section 422 of the Code.

Type of Stock Option. If ☐ Incentive stock option. To the opposite side of this Agreement indicates that this Option is an “Incentive maximum extent permissible, the Stock Option”, this Option is intended to qualify as be an “incentive stock option option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time to time (the “Code”). If , although the opposite side of this Agreement indicates Company makes no representation or guarantee that this the Stock Option is a “Non-Qualified Stock Option”, this Option shall not be considered qualifies as an incentive stock option as defined by option. ☐ Nonqualified stock option. For all portion of this Stock Option which exceed the maximum permissible under the Code, this Stock Option is not intended to be an “incentive stock option” within the meaning of Section 422 of the CodeCode and will be interpreted accordingly.

Type of Stock Option. The cover page hereof specifies the option type. If the opposite side of this Agreement indicates that this Option type is an “"Incentive Stock Option”", this Option option is intended to qualify as an incentive stock option within the meaning of under Section 422 of the Internal Revenue Code of 1986, as amended from time to time amended, and the regulations thereunder (the “"Code”"). If the opposite side of type is "Nonqualified Stock Option", this Agreement indicates that this Option option is a “Nonnon-Qualified Stock Option”, this Option shall statutory stock option and is not be considered intended to qualify as an incentive stock option as defined by under Section 422 of the Code.

Type of Stock Option. If the opposite side of this Agreement indicates that this This Stock Option is an “Incentive Stock Option”, this Option is not intended to qualify as an incentive stock option within the meaning of Section section 422 of the Internal Revenue Code Code, and this Award Agreement shall be interpreted and treated consistently with the characterization of 1986, the Stock Option as amended from time to time (the “Code”). If the opposite side of this Agreement indicates that this Option is a “Non-Qualified Stock Option”, this Option shall not be considered an incentive stock option as defined by Section 422 of the Code. 4.